Post
Topic
Board Altcoin Discussion
Re: Do you continue to trust Trust Wallet?
by
Tahid12
on 25/05/2024, 23:44:19 UTC
Hardwar wallet can be used as a cold wallet to store your crypto. That how i do it with my wallet. I don't interact with any dapps through my cold wallet so that they won't get any approval which can cause problem for me if any exploit happens. For the general use a multi wallet like trust, Exodus can be the best choice for a users as it support most of the major crypto in a single wallet. That means a user can use all the major layer 1 projects without switching between different wallets for all the layer 1.
A wise decision! Hardware wallets should only be used to store crypto, not to interact with Dapps, and Ledger's incident with Dapps has confirmed this again. A hot wallet app would be more suitable for users to use Dapps to earn profits from DeFi or NFTs...

Exodus is a quite popular wallet app, and it seems to be more reputable than TrustWallet because it is open source instead of closed source. For now, I am still used to using TrustWallet because it is still stable and I do not have too many crypto assets to self-custody. At the same time, I still trust the security of TrustWallet over the years and the reputation of Binance, the company that supports TrustWallet.