Topic: Be Cautious of the wallet source you import your seeds phrase to (Read 153 times)
Your point is well noted. And I understand every bit of what you said , but the fact still remain that most people will still fall victim expecially the newbies because those expirenced people will not fall for such trap. Like me the easiest way I know the original app in play store is by checking the total number of download and users and also the review. Though the number of the review might not determine the effectiveness of the app but when you look at the original you will see the start rating and howamy million downloads then you can spot the difference.
If you are using the original wallet and there is an information to update the app from another source, I will not advise anyone to do that because if the wallet software or the app needs update the app or the software itself will give you prompts message to do that just like what they did with Electrum. When Electrum wanted to update their wallet, they gave an update message thorough the app and I did the up so everything just run smoothly. And you should import your private keys to a well known wallet so that you coins will not lost.
Yeah, electrum is a very reliable wallet though not 100% but however, it is very important to take note of all these information because initially a lot of people were storing their coins on exchanges but due to the current clampdown on Binance have now opened our eyes not to store coins in exchanges thereby people are looking for possible wallets to store their coins of which if they ain't guided properly, it would even lead to more complicated issues so it is important to sort opinion and information from experienced users here like @ legendary Charles-tim, cryptoprenuerBrainboss, igebotz and others because they have been in the system for long so they've gathered a lot of experiences in the crypto world.
If you are using the original wallet and there is an information to update the app from another source, I will not advise anyone to do that because if the wallet software or the app needs update the app or the software itself will give you prompts message to do that just like what they did with Electrum. When Electrum wanted to update their wallet, they gave an update message thorough the app and I did the up so everything just run smoothly. And you should import your private keys to a well known wallet so that you coins will not lost.
The best water to do is the way brother Charles -Tim said, download the app from the official website.
The best water to do is the way brother Charles -Tim said, download the app from the official website.
Fake/phishing applications dey for Playstore and Appstore well well, that is why e good to learn say make you download your wallet from the official website and you suppose verify am to dey very sure. E get wallets wey dey recommended, so to be on the safer side, use only these recommended wallets, you go fit get links to their original website for this forum, and if you no understand anything, reputable users for here go fit help you.
- When you are testing a new wallet software avoid importing your actual seed phrase containing your coins
- Verify from actual Source if the software is from them especially if its related to finance or any core personal information about your don't depend solely on Google play store, Appstore or a single blogger review
- Remember Malware can creep into any trusted software if you are not cautious of what you download, install or the sites you visit
And aside from using these untrusted wallets from unknown sources on your device, installing them alone poses a great threat to your security as you can't tell what the wallet is capable of or what kind of information it can extract from your device without your permission and knowledge.
This is good advise people need to observe very well not to fall victims to such scammers app that will make some strange things to happen to their wallets and, the most easiest way scammers use to gain good freedom to some people wallets is through their seeds phrase and where you save your seeds phrase which is very important.
If you can verify that wallet you are about to download from the right source, it will give you confident to use the wallet for many years because all you need to know from the source you have already know them to make the wallet secure in a way scammers cannot have access to your money.
If you can verify that wallet you are about to download from the right source, it will give you confident to use the wallet for many years because all you need to know from the source you have already know them to make the wallet secure in a way scammers cannot have access to your money.
Wow cloning an app, that's brilliant. The person who made this idea is smart but there is always a way to expose criminals. But we need to be careful when dealing with money, the scammers have seen how difficult it is to crack the 12/24 word seed phrase and that is why they made an easy way for themselves which is fo you to just put in your seed phrase and then they'll just use it to access the real wallet and steal all your fund there. so now, we must watch closely before even download the app from play store, and before then we must carry out research. And aside that, we should also watch out for site cloning which could also be very if you fall for it.
Those fake apps were common on Google Play store before but now becoming common on App store. The best is to download the wallet from the official site and verify its signature.
When you are testing a new wallet software avoid importing your actual seed phrase containing your coins
Anyone that needs a reputed open source wallets can ask on this forum, even on local board and we will list some of the wallets that we are familiar with on this forum which are definitely reputed. 
I know some of us might be eager to test, top bitcoin wallets when we see a version of software on our mobile device which is good but there is something we have to be cautious about, which is sometimes these software may not be created by the actual dev and this may be done in order to steal our coins.
There is a Thread [WARNING] Fake Sparrow Wallet app on the Apple app store
We know Sparrow wallet is among the best bitcoin wallet but someone created a fake sparrow wallet on App store and it required users to input their 12/24 seed phrase.
We know giving someone your seed phrase already and how dangerous it is, this time it was App store that was use and not their usual hub Google play store and this shows hackers will continue to be created and find ways to exploit such platforms and so its up to be verify how trustworthy are the software we install on any of our devices. My advice
There is a Thread [WARNING] Fake Sparrow Wallet app on the Apple app store
We know Sparrow wallet is among the best bitcoin wallet but someone created a fake sparrow wallet on App store and it required users to input their 12/24 seed phrase.
We know giving someone your seed phrase already and how dangerous it is, this time it was App store that was use and not their usual hub Google play store and this shows hackers will continue to be created and find ways to exploit such platforms and so its up to be verify how trustworthy are the software we install on any of our devices. My advice
- When you are testing a new wallet software avoid importing your actual seed phrase containing your coins
- Verify from actual Source if the software is from them especially if its related to finance or any core personal information about your don't depend solely on Google play store, Appstore or a single blogger review
- Remember Malware can creep into any trusted software if you are not cautious of what you download, install or the sites you visit
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