Representatives from both the SIPC and the FDIC confirmed that neither currently insures crypto assets . That means there’s no federal protection for your cryptocurrency. As far as the government is concerned, you’re on your own.
Read moreAre crypto wallets safer than exchanges?
Wallets are considered safer for storing your cryptocurrencies than exchanges since exchanges relay on a third party which won’t guarantee that your cryptocurrencies will be safe. We consider hardware wallets the best option for full security but it can lack some convenience if you plan on using it daily.
Read moreIs Crypto Wallet secure?
A crypto wallet does not store your digital coins, but it holds a private key, which allows you to trade cryptocurrency online. This private key is your digital identity to the cryptocurrency market and anyone who gets hold of this can perform fraudulent transactions or steal your crypto coins .
Read moreCan a Trust Wallet be hacked?
Your Trust Wallet or crypto wallet has most likely been hacked if you observe any transactions moving out of it that you did not make . But then, setting up notifications for transactions entering and exiting your wallet will help you catch fraudulent transactions faster.
Read moreHow can I get free money in my Trust Wallet?
How to Earn BNB with Trust Wallet
Read moreIs trust wallet safe from hackers?
Your Trust Wallet or crypto wallet has most likely been hacked if you observe any transactions moving out of it that you did not make . But then, setting up notifications for transactions entering and exiting your wallet will help you catch fraudulent transactions faster.
Read moreHow do I secure my trust wallet?
Trust Wallet
Read more