Post
Topic
Board Altcoin Discussion
Re: What is Trust wallet and is it safe?
by
fullhdpixel
on 24/11/2022, 19:21:32 UTC
There are different types of wallets in the cryptocurrency market. Trust wallet is basically a multi-currency wallet that supports all types of tokens in this wallet.Many investors and holders prefer trust wallets nowadays.Moreover, this wallet is much more secure than other wallets.
I want to know more details about this wallet from you.
Thank you everyone
Well another major point about trust wallet is the fact that it is the wallet that is supported by Binance as far as i know. That is also the reason why it's price was climbing pretty heavily in the last few days while most tokens of the big centralized exchanges were plumbing after what had happened to FTX. At the moment one of the biggest rules in crypto: "not your key, not your coins" is in everyones mouth again because a lot of people had significant values on FTX and have now lost it. Trustwallet is one of the leading wallets out there so it is not a big surprise, that it's token went up. Metamask does not have a token yet obviously.
What he was talking is the wallet while what you are talking here is its token twt. It increase maybe because those who lose in ftt token by ftx have transferred in twt but there are still exchange tokens or wallet tokens out there. I think their values are also increasing but they are not being talked about. About the metamask, there are rumours before that they are going to create their own token but I don't know if what is the update about it.

Not sure if it was postponed or what but metamask is also one of the leading wallet and it's a competitor of trust wallet. Both are non costudial but I think electrum wallet is still more safer than these two.