Topic: Anyone who use mobile wallets? - page 5. (Read 11380 times)
I use but very limitedly and only when there is no choice. I don’t really like mobile wallets, for some reason I’m worried about security, although I understand that the risks are almost the same. I also often lose and break phones and there is a risk of losing everything. In general, I prefer the PC.
Why said dangerous? I don't keep my private keys on my mobile internal storage ,as far as you secured your private keys you are good ,even if your phone got stolen or ruined you will still have access to your coins
And most of the time, conpromised wallets are usually the result of the user's own carelessness. I have 2 mobile wallets and a hard wallet that acts as my savings stash for almost 6 years now and i'm well confident about the security of my assets there. It's your money so its your responsibility to make the proper precautions.
I also think it should wait for for hardware wallet integration for mobile phones wallet, i already use mycelium for bitcoin with ledger nano s, this is supported only if phone support OTG, but anyway will be so hard for all phones to be updated every month if devs of OS will not do update for that phone and maybe this can affect wallets over time but maybe will not happen.
Why said dangerous? I don't keep my private keys on my mobile internal storage ,as far as you secured your private keys you are good ,even if your phone got stolen or ruined you will still have access to your coins
U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.
Anyone who use mobile wallets?
I think it is very dangerous.
I think it is very dangerous.
I am using a mobile wallet now , an app to be exact and i think its safe like the ones on website. Compared to convinience, i am more fund with this mobile exchange. The riskiness with the website knowing the probability of them getting hacked is also the same. If you are a cautious person, no need to be worried.
Anyone who use mobile wallets?
I think it is very dangerous.
I'm not use mobile wallets but it's not that dangerous to use mobile wallets. I mean, yes somewhat mobile wallet is kinda make you afraid because you never know if someday you will lose your phone and the wallet will be stuck on it. I recommend to use hardware wallet though than mobile wallet. I think it is very dangerous.
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.
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.
Anyone who use mobile wallets?
I think it is very dangerous.
I think it is very dangerous.
If you think mobile wallet is very dangerous, then just use it with small amount of coins.
Using mobile wallet is not recommended to storing your coins there, you don't have full control of it.
The best option for me is, using 2 wallet. 1 wallet as main wallet, 1 wallet as mobile wallet which i use to transfer coins often.
Using mobile wallets of course and it is nothing more dangerous as any other wallet. If you are cautious enough to keep your private key on safe and using strong passwords and 2FA and/or other protection you will be SAFU
As long as you store your mnemonics and Passphrases in a personal not in cases of theft, Mobile wallets are usually most convenient. It is online secured and its easy to use. You can try out imtoken, eidoo and trust wallet. They are the best I have used
I use mobile wallets since am more close and attached to mobile phone. For sometime now, I have never been comfortable with mobile wallets than PC. I kbow everything comes with its pros and cons. It's all depends on how careful you are about your private keys and other security details and nothing else.
I use a lots of mobile wallet and they are kind of good these days they are handy they are easy to pick you will get support at anytime. So yeah I always go for mobile wallets. But only 5-10% of my total portfolio store in mobile wallets. For dapps and blockchain games mobile wallets are very helpful. I normally use those wallets which are picked or created by the official team. Yeah it's kind of risky cause these days whatever you use this phones are very much risky when you go for the big amount of money.
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
I am very confused when people say that using mobile wallets is very dangerous, as if others are much more effective. Immediately recall the recent attacks on the electrum. And for those who believe only in hardware wallets there is good news that some developers of mobile wallets are also developing their own hardware wallets.
The best caution index you can have with a mobile wallet is that you put a balance not so high, in my case I use a wallet where I do not place more than 0.01Bitcoin, since it is more susceptible to possible hacking or have little security .
One measure is that it should be used with private key SHA-256, because I think it gives much more confidence to it, and in fact if you use a mobile wallet that your balance is for quick use, that is, if you are going to use the wallet mobile that is to actually use it and not have it to hold, because all transactions are tracked and can locate your transactions there, in an address that does not change in a while and that every time receives deposits and not withdrawals.
Always use different wallets and not hard with a lot of balance but little, when you are going to withdraw making a purchase or even to take out at ATM.
One measure is that it should be used with private key SHA-256, because I think it gives much more confidence to it, and in fact if you use a mobile wallet that your balance is for quick use, that is, if you are going to use the wallet mobile that is to actually use it and not have it to hold, because all transactions are tracked and can locate your transactions there, in an address that does not change in a while and that every time receives deposits and not withdrawals.
Always use different wallets and not hard with a lot of balance but little, when you are going to withdraw making a purchase or even to take out at ATM.
Anyone who use mobile wallets?
I think it is very dangerous.
I think it is very dangerous.
Any wallets other than your wallet, are have potential to be dangerous.
The safest wallet is your own wallet, such desktop wallet which you need to download the blockchain database first.
If you are using mobile wallet, the private key is not on your possession.
It dependes on your purposes. If you are making payments in person and not online then a mobile wallet is a must. If you will need to make frequent payments then it will be best to keep your funds in wallet that is easy to use and accessible. Mobile wallets and desktop wallets are good options.
Use a mobile wallet as your checking account, and a hardware or secure offline wallet as your savings account. Mix and match to find a combination that provides both security and accessibility
Use a mobile wallet as your checking account, and a hardware or secure offline wallet as your savings account. Mix and match to find a combination that provides both security and accessibility
Yeah the use of mobile wallets are somehow dangerous and one is the fact that anyone can have access to your phone at anytime. That's one great risk. But the best way to protect yourself is to use strong security protocols- Passwords, fingerprint, 2FA, etc
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