Quote from: ultrloa on October 04, 2022, 09:46:00 PM

Quote from: Jackl87 on October 04, 2022, 09:13:41 PM

Quote from: ShafixNero on October 03, 2022, 07:17:17 PM

There are many cryptocurrency wallet softwares like metamask, trustwallet. I'm currently using Trustwallet to store my cryptocurrencies. I heard some people say that it can be hacked!
Can people hack my trustwallet?
Is it safe?

As far as i know, Trustwallet is the official wallet solution from Binance. So i would guess that trustwallet was tested heavily for bugs or possible loopholes for hackers, so i would say that trustwallet should have the same level of security than metamask. That being said, trustwallet is a software that you have on your phone or on your pc as a browser extension and this means there is definitely the possibility that it gets hacked and that you funds will get stolen, but that possibility is pretty small in my opinion.
As others in this thread have already said, if you want maximum security for your tokens or coins then you should use a hardware wallet like ledger or trezor.

Even if how safe they or even trusted ones still there might be a loophole for hackers to penetrate and we need to be careful on those possible attacks so that we will not get any problem for using that wallet. I'm using metamask for long time but so far for my experience using it didn't much encounter any major issues.

Of course software wallets cannot be more secure than hardware wallets, but software wallets like metamask or trustwallet are safe enough to use in my opinion. How safe it is depends on who uses it, most cases of attacks or unexplained asset loss are due to user error, not wallet fault. A lot of people also use online wallets for years and never have a problem, but there are also many people who get hacked often. If you are knowledgeable and know how to protect your assets well then you don't need a cold wallet but if you are not good at it, a hardware wallet is the best solution for you.