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Topic: Do not trust New wallets with your fund - page 8. (Read 3504 times)

hero member
Activity: 1400
Merit: 571
October 21, 2019, 06:38:18 AM
There is nothing wrong with the new wallets, you just have to check the reviews, how many people use their app, to confirm if they are legit or not. Not all new wallets are scams and money disappearing wallet, just be responsible on choosing one.
sr. member
Activity: 966
Merit: 274
October 21, 2019, 02:42:34 AM
I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets

It depends, as long as you have your intuition right, telling you to trust a particular coin wallet whenever it is mobile or not, you can still have a trusted wallet to rely your assets into. One key action to di is to read comments and reviews, another is to investigate the platform where it can be downloaded. And lastly, try with small amount first, this is necessary since we are bound to success if we risk our assets a little bit.
member
Activity: 812
Merit: 11
October 21, 2019, 12:20:06 AM
The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't  give out private keys to users,they work as online wallet
Install with old wallet have higher score trusted so far and keep away from new wallet when you want to install and save your coin there, better with old wallet have higher score trusted with many investor install old wallet like Coinomi, if you found new wallet ask to the group how trusted of new wallet, what the feature of new wallet than old wallet, you have ask detail before you install in your hand phone.
I still prefer to use hardware wallet than other online wallet because of high security. We can ensure the safety of our tokens if we will use hard ware wallet. Long term investors are using it because of its good characteristics.

Hard wallet does offer high security compared to online wallet. But not everyone can afford to buy a hard wallet if they only have a few coins. Trust wallet is one of my trusted choices now compared to other mobile wallets
sr. member
Activity: 1344
Merit: 270
October 20, 2019, 10:52:06 PM
The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't  give out private keys to users,they work as online wallet
Install with old wallet have higher score trusted so far and keep away from new wallet when you want to install and save your coin there, better with old wallet have higher score trusted with many investor install old wallet like Coinomi, if you found new wallet ask to the group how trusted of new wallet, what the feature of new wallet than old wallet, you have ask detail before you install in your hand phone.
full member
Activity: 651
Merit: 103
October 20, 2019, 10:47:34 PM
I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets
It is good to use cryptocurrency wallet that have good review like myetherwallet and coinbase. Do not trust new mobile wallets because some of their creators are hackers and their purpose is to steal our tokens.
It is risky to use new wallets nowadays. Why will you ide new wallet even though yu are not sure about it. Just use trusted wallet like what you said which is coinbase because it have high security.
sr. member
Activity: 868
Merit: 257
October 20, 2019, 10:39:55 PM
Trusting new wallets that is just new implemented or new in the wallet industry it is very hard to trust because of the many wallets that is trying to get or steal our crypto assets or our crypto funds so it would be better if we will just stick to the wallets that we used to be or those wallets that already proved us their legitimacy like for example the mew or myetherwallet and etc.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
October 20, 2019, 09:39:43 PM
I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets
It is good to use cryptocurrency wallet that have good review like myetherwallet and coinbase. Do not trust new mobile wallets because some of their creators are hackers and their purpose is to steal our tokens.
reputable wallet such as myetherwallet or blockchain.com already proven as safest wallet.maybe store our cryptocurrency assets in these wallet will give us convenience and no worry at all.personally i am never store my crypto assets in exchanges, its easy attacked by hacker .several exchanges already be hacker's victim and finally stop their operation.we must take an action that could minimize the risk in market.some cases our friend could be perpetrators of theft it self.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 20, 2019, 09:23:36 PM
The risk of a third party having access to your private keys is a real problem is likely to occur with smaller wallets developed by some private developers. They are not to be trusted. I rather will stick to older wallets, tested and open-source.
Providing private keys to any new wallet developers is same with giving them access with your assets, private keys should be kept and not being shared to anybody aside from those existing wallets that who already gained confidence from this field.

You should be alarmed with many cases of scamming, better to be safe than being robbed after.
sr. member
Activity: 924
Merit: 275
October 20, 2019, 09:22:42 PM
I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets
It is good to use cryptocurrency wallet that have good review like myetherwallet and coinbase. Do not trust new mobile wallets because some of their creators are hackers and their purpose is to steal our tokens.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
October 20, 2019, 09:12:39 PM
The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't  give out private keys to users,they work as online wallet

Actually its true, If users have to import their keys in order to load their wallets from MEW check first if the new app is trusted you dont wanna know youre wallet is already been save by them and will open and rob all tokens you have. I hate to say it, but playstore app arent that enough to say the new wallet apps are legit. They can pay Google for opening and launching this but its Google out of hand if we've been hacked or what.
hero member
Activity: 1302
Merit: 502
October 20, 2019, 06:50:12 PM
I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets
sr. member
Activity: 1246
Merit: 252
October 20, 2019, 06:21:50 PM
I am already comfortable using the Nano-s wallet. previously had experienced the case that my wallet was hacked by hackers because I saved it on myetherwallet so I would recommend to save on Nano-s and actually it all depends on us not being careless in storing our assets.some of my people have read bad news sites with their passwords
sr. member
Activity: 812
Merit: 262
October 20, 2019, 05:59:15 PM
The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't  give out private keys to users,they work as online wallet

There are of news that I've read about fake wallets in play store and it is very unfortunate that people are being scammed and their money were stolen. Some are not even transparent on what is the pk of the wallet. To spot on what wallets are doubtful, most of them offers "promo" when you cash out. Those promos are very unrealistic and too good to be true
sr. member
Activity: 756
Merit: 257
Freshdice.com
October 20, 2019, 05:57:09 PM
The reason why i don't like new wallets
1. They always have low users which means they have nothing new to offer,even if new users try them out,once they don't see any thing new they bounce back to their old wallet, repetitive at work

2. Many new wallets on playstore can't be trusted,they have different set of aims, some have access to your private keys but they will fool users thinking you are the only one in control of the private keys and some don't  give out private keys to users,they work as online wallet

Indeed, it is difficult to trust them your money especially that there are a lot scams and hackers nowadays. I have personally my doubts in many online wallets with very few of them I could only trust my money. Cold or offline wallets are much better if you ask me. As long as I have good security programs, I think it will be safe. But in online platforms, the developers of that wallet itself could be a bogus so be careful.
full member
Activity: 1036
Merit: 144
Penguin Party 🐟
October 20, 2019, 03:50:59 PM
I agree with that completely the only Crypto wallets I will use off of the play store is Coinami, Samourai, Atomic or Blockchain wallets.  When it comes to Bitcoin wallets on the play store I really like the Samourai wallet I have had no issues with it. I have been using it for like a year.
member
Activity: 471
Merit: 10
QUUBE — First&Only Quantum Resistant Ecosystem
October 20, 2019, 03:14:57 PM
I see it as a two way things. Just like the trading exchanges drama, wallets services are also getting saturated now. Some have good intentions though but we need to be very careful. Personally, I trust any online or mobile wallet, even the very popular ones.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 20, 2019, 03:12:20 PM
Google allows scammers to upload their apps on their play store so don't trust every app that you see there. And download the official app from the original websites so that it will transfer you to the right link and app they have.
This is correct. I do not have confidence on new wallets. Sometime they asks api or private keys which looks suspicious. In the wold of scam projects, we can not trust easily on new projects and thus new wallets. It will take longer time to trust and to gain confidence for today's new wallets.
If a wallet asks for your wallets, obviously they will scam you. No wallet asks for that and private keys should be kept on your own.
full member
Activity: 1176
Merit: 162
October 20, 2019, 03:09:39 PM
Even old wallets I don't trust some of it especially when you don't have control over your private keys they are not transparent maybe they can steal our funds in the future and declare that they been hacked or similar very risky. The best wallets still the hardware wallets like Ledger or trezor but you need to keep it in a safe place of course.
member
Activity: 574
Merit: 14
October 20, 2019, 03:07:21 PM
The risk of a third party having access to your private keys is a real problem is likely to occur with smaller wallets developed by some private developers. They are not to be trusted. I rather will stick to older wallets, tested and open-source.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
October 20, 2019, 03:03:54 PM
Trust is something that is earned over a long period of time after interacting with some entity for a over a long time and full of transparency too. You are very right, new wallets really don't have much nothing to lose as cryptocurrency wallets such as TRON, Blockchain, Trust, Ledger, Ellipal etc. hence they would not hesitate to abscond with the funds of its users if they are not able to run their project. Always go with the most renowned and trusted wallets like the ones i mentioned above. Don't forget Coinomi/Atomic too, these are good cryptocurrency wallets which allows easy swap of cryptocurrencies as well.
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