Quote from: Jody.Drummer on October 06, 2022, 10:49:34 AM

Quote from: fuguebtc on October 06, 2022, 07:13:22 AM

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

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.

There are always loopholes for wallets like trustwallet to be hacked. Usually the thing that often happens is that hacks start when they send spam tokens or coins, that is something that happens very often. Access to our wallet can be done if we make transactions with the tokens or coins they sent earlier (spam coins). I personally have been using trustwallet and metamask for a long time and so far nothing has happened. I've also received tons of tokens or coins that I don't recognize, but as long as we just ignore them nothing will happen.

The trustwallet wallet itself has never had problems so far, most of the problems are due to user error but that also doesn't guarantee that it won't be hacked in the future. If you don't have a hardware wallet, split your assets into different wallets.

It's your fault when you frequently get spam tokens, not trustwallet or metamask's fault, if you use a hardware wallet and you use that address to participate in airdrop campaigns or publicize on social media, you will still receive those spam tokens. The best way is to keep the main wallet away from unnecessary connections and transactions, use it only for storage, you will never get those tokens.