I am new in this.
I installed trust wallet my mobile phone. I got recovery phrase
But..i can do it whenever i want transactions. Trust wallet is open all the time.
Practically if i lost phone or someone robbs me he can send all funds away...
Not even asking passwords or anything to slowdown process...
I am worrid about sending there lots of sums. Exchange at least you need e-mail confirmations, when some gets access to your phone.
Trust wallet is the best Cryptocurrencies wallet but it has no securities systems. Once you install the wallet then it no need to password, phases or authentication code for every login. So once one Lost his device then all cryptocurrencies would be lost for ever.