Post
Topic
Board Bitcoin Discussion
Re: How do I secure my wallet
by
Outhue
on 14/06/2023, 09:07:41 UTC
Among the soft wallets, MetaMask wallet and Trust wallet are considered very good which you can download for free.
Trust wallet is closed source and i will not recommend it or MetaMask for someone who is looking for a wallet to store only their BTC. I don't recommend people to use multi-coin wallets to store their BTC and other shitcoins, it is better to use Electrum to store your BTC's safely and then choose another multi-coin wallet for all your other cryptocurrencies.
We are aware that hacking bitcoin is not so easy.
BTC in itself cannot be hacked, it is not centralized, but people who have BTC in their wallets can be hacked and their funds would be stolen, but that is if they have bad operational security or are just unlucky.
Trust wallet is a closed source and it's from the binance team too, something bad happened to the Trust wallet add-on wallet some time ago where some people lost their assets but Binance refunded all of them because the incident have something to do with the new addon from the team, the only exchange that's capable of refunding users for any losses that happens from their side is Binance.

I am not encouraging anyone to start storing their assets on Trust wallet because of possible refund if any bad thing happens, I still believe that open source wallets are better and if multi-coin wallet is your thing, Blue wallet and Unstoppable wallet are the best open source wallet I can find. DYOR