Binance has no proof of reserves for ETH/XRP, inadequate reserves for rest

1

MetaMask.io

Metamask and Brave wallets are free, popular and very easy to set up. They're considered hot wallets and not as secure as a hardware cold wallet like Ledger, but you'd have to wait for shipping and it isn't free. https://brave.com/wallet/ https://metamask.io/.

#Cryptocurrencies #Cryptocurrency Wallets #Crypto Payment Gateway 620 social mentions

2

Brave Wallet

Metamask and Brave wallets are free, popular and very easy to set up. They're considered hot wallets and not as secure as a hardware cold wallet like Ledger, but you'd have to wait for shipping and it isn't free. https://brave.com/wallet/ https://metamask.io/.

#Crypto #Cryptocurrencies #Cryptocurrency Wallets 17 social mentions

3

Trust Wallet

I am a bit perplexed about Binance recommending self-custodial wallets, heavily promoting its own Trust Wallet[0]. They are even offering zero withdrawal fee for transfers from Binance to Trust. Given that only the core of Trust is open-source [1], is it possible that the closed-source parts contain some backdoor? [0] - https://trustwallet.com/.

#Cryptocurrencies #Cryptocurrency Wallets #Crypto 118 social mentions

4

Trezor.io

If it's at least $1000, buy a Trezor: https://trezor.io/ It's easier to use than Ledger, has a better history with privacy and the knowledge you get from using it will be good for you in the future. Under $1000 I use Bluewallet on my phone, the most important is to not click on a scammy ad instead of a real wallet (look at the number of downloads to make sure you don't get scammed).

#Cryptocurrencies #Cryptocurrency Wallets #Crypto 372 social mentions