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Topic: Anyone who use mobile wallets? - page 4. (Read 11378 times)

brand new
Activity: 0
Merit: 0
May 16, 2019, 11:13:58 AM
Anyone who use mobile wallets? I am using mobile wallets for now and I think it is not dangerous as long as you have the private keys on you and you know what wallet are using it, just like you really know if it is a good wallet or not. It is a very good way to study and read some articles and do some research in what wallet are you using so that you will know if that wallet can really be a good wallet to place your money or income, because on the wallet I am using I am very trusted because I can used it to play some games in order to earn more money and some good profit so that I keep using that wallet to place and hid my income and money.
sr. member
Activity: 1190
Merit: 253
May 18, 2019, 04:30:46 AM
Anyone who use mobile wallets?
I think it is very dangerous.

All platforms are vulnerable for hacking. Yes, mobile wallet is the most vulnerable platform but we have to consider that our wrong habits will endanger our precious crypto on our wallet. If we are so careless on our private keys and passwords then that will be the time that hackers can easily go with our wallets. So we better keep it safe. If we have to use offline wallet then we use it for accounts that have large amounts.
full member
Activity: 742
Merit: 101
May 18, 2019, 02:51:13 AM
it is really dangerous..specially when install some apps but you don't know they can hack your phone or some virus on that app to stole your details..just be careful when installing those apps
hero member
Activity: 1036
Merit: 500
May 18, 2019, 02:47:43 AM
On a mobile phone, it is better to have exactly as many cryptocurrency as you need for daily use. If you have any capital in the form of digital assets, then it is reasonable and expedient to keep it in a hardware wallet for cold storage of cryptocurrency.
Exactly, the cold storage is super safe for keeping your crypto coins protected from hackers or any other harm. These wallets are not connected with the internet so hackers cannot reach out to your wallet and they have no influence. We should really focus on keeping out assets on exchanges and other hot wallets because hackers can reach out that is why choose the most preferred exchanges and wallets.
member
Activity: 392
Merit: 15
Bitwings !
May 17, 2019, 08:57:53 AM
You are right there is too much potential threats when using mobile wallets. Though ironically speaking I also use one but the point is about 30% of the wallets seen in the app store are fake wallets. I also encountered one that says myetherwallet and when I searched in the MEW website for links to download the said app there was none (note this was about 2 years ago).
hero member
Activity: 980
Merit: 506
May 17, 2019, 07:19:46 AM
How dangerous it is? I don't know much about using a wallet in mobile but I know that there are some wallets in mobile where you keep your own private key or seeds with you so I think it's safe,
I think it Is not dangerous if you are careful about your 2FA and secret keys. SO many people use mobile wallets for trading and daily things. There are couple of great mobile wallets over the internet and you could use them. They offer options/services to deal in any coin like ETH or Bitcoin etc. The problem with using mobile wallet is that you can easily get your mobile phone exposed to virus or maybe hack which is not good.
full member
Activity: 854
Merit: 102
PHORE
May 16, 2019, 09:15:22 AM
I think it's especially dangerous for the spread of scammers here in forums as well as social media and telegram groups so other bounty hunters warn them about it because they can hack and access your wallet and steal your funds and altcoins for newbies be careful with the use of browsers or apps on your cellphone because they can be accessed and opened by other people or hackers using cookie settings in one apps or websites so be careful these.
hero member
Activity: 1134
Merit: 515
May 16, 2019, 08:49:28 AM
U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.

That's right, security is very necessary for what you have right now because it is possible for all of you to work through your smartphone in the future.
I think security on mobile wallet is safe *for the recommended mobile wallet obviously, but we also need to see the external factor like what if someday you lost your phone and you broke your phone and you forgot to back up and remember the private key. You can lost the balance forever.
I think there is nothing wrong about mobile wallet and could be used easily but you need to have good antivirus software on your mobile which will protect your mobile from potential threat and maybe hack. Do you know about Abra? It is a mobile Bitcoin wallet that allows you to store and trade different coin. The user’s reviews are great about it.
sr. member
Activity: 994
Merit: 260
May 15, 2019, 06:55:51 AM
On a mobile phone, it is better to have exactly as many cryptocurrency as you need for daily use. If you have any capital in the form of digital assets, then it is reasonable and expedient to keep it in a hardware wallet for cold storage of cryptocurrency.
legendary
Activity: 2100
Merit: 1058
May 15, 2019, 06:38:44 AM
It depends, I recommend you to use mobile wallets only if you really need it. If you can use PC everyday, then use pc version of the wallet.
MyEtherWallet is available in mobile, copay is also available for BTC, some of the altcoins have develooed their own android wallet. I don't think it's dangerous. You should use it carefully.
I think PC wallet is still the best for now for security and safety, it is safer than mobile wallet that people could easily have access to, but the only disadvantage is that one may not have access to PC wallet until we are close to the PC, but with a mobile wallet, one can easily be able to perform a transactions on the go.

Like many of others has also advised, I think the best would just be to probably hold both, either we leave small amount of coin for usage on the mobile wallet, that is utility tokens while we leave the investments coins and token  on the PC wallet, its safer to loose utility tokens than to lose investment tokens.
member
Activity: 576
Merit: 39
May 15, 2019, 06:33:19 AM
How dangerous it is? I don't know much about using a wallet in mobile but I know that there are some wallets in mobile where you keep your own private key or seeds with you so I think it's safe,
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 15, 2019, 01:28:47 AM
I also use mobile wallets, and I think it's not too dangerous because as long as we can make sure the security of the wallet, we don't have to worry about anything. But it's better not to use that mobile wallet for anything, and we only use it for saving the cryptocurrency inside the wallet so we can prevent from any attacket that might comes. Don't forget to update the wallet if there is any update from the developer because that will help you to secure the wallet.
full member
Activity: 862
Merit: 100
May 15, 2019, 12:29:09 AM
U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.

That's right, security is very necessary for what you have right now because it is possible for all of you to work through your smartphone in the future.
sr. member
Activity: 1050
Merit: 377
May 14, 2019, 10:19:55 AM
I use several mobile wallets. One called Trust Wallet, the second from the developers of MyEtherWallet. Both purses suit me both in terms of functionality and security.
sr. member
Activity: 1050
Merit: 254
May 15, 2019, 12:53:11 AM
U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.

That's right, security is very necessary for what you have right now because it is possible for all of you to work through your smartphone in the future.
I think security on mobile wallet is safe *for the recommended mobile wallet obviously, but we also need to see the external factor like what if someday you lost your phone and you broke your phone and you forgot to back up and remember the private key. You can lost the balance forever.
jr. member
Activity: 209
Merit: 6
May 15, 2019, 12:03:24 AM
Anyone who use mobile wallets?
I think it is very dangerous.

I use mobile wallet .. I think it's convenient all you have to do is save wallet details on cloud storage ... problem solved
sr. member
Activity: 1372
Merit: 322
May 14, 2019, 11:57:56 PM
The wallets we use on the PC are also in danger, as long as we do not protect them well.
I am using mobile wallet, but with small amount and necessary one.
As long as we are using it with necessary cautious, we are safe. In desktop too, if you don't care, you will end up losing your wallet's fund, same applies for mobile wallet too. So, it depends on us actually.
full member
Activity: 591
Merit: 100
WATANABE
May 14, 2019, 02:54:51 AM
No is not It might depend on the ones you use i think so the best idea is to get ones that dont keep your private keys and seed with them Then copy those info and store it safe, With that you might be able to retrieve your wallet when ever there is a need for it

A great way to try and be easy to do. I will try how you do it may be one good thing. In the form of your cellphone to take part of the finance you need.
hero member
Activity: 1358
Merit: 509
May 14, 2019, 07:26:19 PM
The wallets we use on the PC are also in danger, as long as we do not protect them well.
I am using mobile wallet, but with small amount and necessary one.
member
Activity: 686
Merit: 11
May 14, 2019, 08:12:56 AM
It's actually very dangerous as you have said. Howbeit, the majority of cryptocurrencies holders have their assets kept on many online wallet. Why because though,  many have been advised to switch to hardware wallet, but many who cant afford it now like myself just need to keep using these until we can afford hardware wallets.
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