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Topic: For newbies only - page 4. (Read 1266 times)

hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
April 09, 2020, 08:52:41 AM
I'm sure that those who are into crypto since last year knew that downloading new mobile wallet from play store can be dangerous, well this is for newbies who just entered crypto space this year, most top popular mobile wallets have fakes built by scammers too, before you download any wallet find its website and download through the link instead
Play store have some rules and regulations before they will list some apps so there is a very less chance that scammers can penetrate but if there are dangerous wallets that were able to penetrate the apps store then it is best that we should be careful especially if we have huge money to store. But in my case, I only trust our local exchange mobile wallet and I didn't use any wallet in which I am not yet familiar with so I can safeguard my money.

Aside from that, I also make sure that I will not put that huge money in one wallet only so I can lessen my loses in case one of my wallet will be expose to scammers or hackers.
full member
Activity: 1194
Merit: 126
Eloncoin.org - Mars, here we come
April 09, 2020, 08:03:53 AM
It is more safer to download from a wallet for a specific coin's website link. Downloading a wallet from Google play store any other untrusted source is very dangerous for the users who have downloaded. It may steal information from devices which may hack other crypto wallet for that user.
Yes sometimes their link description is not applicable and accurate to the real crypto wallet. There are some cases that the wallet there downloaded is not the real one and after they store their coins it's gone. They transfer the coins without any authority and other thing crypto wallets should have security features that verify every transaction in you make especially in withdrawals and transfer to main to trading wallet. They should verify via email or google authenticator to know every transaction and to have history ledger. We should be careful in downloading apps, sometimes they manage to open even our personal accounts and data.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
April 09, 2020, 07:52:11 AM
I would also suggest they search on coinmarketcap for the cryptocoins they wish to download. It's much safer to get their wallets and websites this way.
Not really a good idea to get them through google, twitter, telegram search due to the numerous fakes that exist.
In able to store your coins you need to dowbload an app in the playstore. But please be careful becauae some applications are created by scammers that are shaped for their scams. Before downloading an application you must research first for the legit sites in where you can keep your coins. Through that you can make sure that you have a legit application for the storage of your coins. You must also look for a bitcoin user so that you may have a living testinomy and someone to be your mentor when it comes to bitcoin.
jr. member
Activity: 294
Merit: 1
April 09, 2020, 07:35:38 AM
I often advise anyone that it is not easy or tempted by the big lure that requires participants to download cellular wallets to claim project tokens. it's very vulnerable to hacking, unless the company that you are following is really official, including the developer, the real website and the wallet is safe to use like Trustwallet, I don't think it's a problem.
full member
Activity: 823
Merit: 104
April 09, 2020, 06:07:56 AM
It's too dangerous for you to download new and unreliable wallets to your phone or computer. They can steal all your information and private key whenever they want, in 2018 my friend was their victim. He had stolen more than $ 20k because they stole his private key
jr. member
Activity: 41
Merit: 7
April 09, 2020, 05:25:50 AM
I'm sure that those who are into crypto since last year knew that downloading new mobile wallet from play store can be dangerous, well this is for newbies who just entered crypto space this year, most top popular mobile wallets have fakes built by scammers too, before you download any wallet find its website and download through the link instead

I don't know if it's only me, but I feel more comfortable and safer downloading apps from Google Playstore than from the Google browser and websites. I trust Playstore so much when it comes to security and safety of the apps and games.

If not, then it will be safer to download the wallet from the official website of that wallet or crypto project. I would also like to remind everyone that not all wallet/crypto projects are safe even if they say they are. Some "bogus" projects will ask you to install an application or software in your phone or pc/laptop. Having an antivirus is also a plus especially in this business.
jr. member
Activity: 34
Merit: 2
April 09, 2020, 05:17:20 AM
I think most mobile wallets on google playstore are now safer, this issue of fake applications have been attended to last year when many are complaining about fake apps on playstore, I download on there and update my wallet apps from time to time
that is the problem - MOST of them are safe, but there still are dangerous ones.
as the user who is deep into crypto it won't be hard for me to understand which one is which.
However, as the name of thread goes - it is for newbies only
full member
Activity: 1099
Merit: 116
April 09, 2020, 05:01:17 AM
It is more safer to download from a wallet for a specific coin's website link. Downloading a wallet from Google play store any other untrusted source is very dangerous for the users who have downloaded. It may steal information from devices which may hack other crypto wallet for that user.
full member
Activity: 1232
Merit: 186
April 09, 2020, 04:42:20 AM
guide the newbie so they cannot experienced to lose what they have right now we need to help each other to stopped bad people.
I agree on you somehow but you know what? I can't help but to think sometimes that answering newbies' questions are already an act of spoonfeeding (more particularly on questions which have obvious answers). Don't get me wrong guys, I love helping others especially the newbies because I once become a newbie as well and I know that feeling of struggle Smiley. However, searching for a legit wallet which suits for you is one google away and you can verify it on your own by means of reading articles, testimonies, asking friends or even by digging existing threads here on our forum; right? So I expect that even a newbie will not easily fall on such trap made by the scammers as long as they research very well Smiley.
full member
Activity: 532
Merit: 100
April 09, 2020, 04:41:10 AM
personally for me i am not a big fan of cellphone based wallets there are lots of security issues so i would suggest few security tips to follow:

Must enable 2FA and it would be better to keep separate phone one for every day use and other for your financial activities as your might lost your phone so it's always good to have a backup ready to go.  Avoid installing apps from unknown sources and don't install wallet on rooted smartphones as some shady apps/games can steal your data quite easily.
sr. member
Activity: 1274
Merit: 263
April 09, 2020, 04:24:41 AM
There is some wallet right now in crypto community so the newbie better to them to ask pro or the people who knows legit wallet to safe your funds. There is a lot of scammer and hacker in the cryptocurrency and their main target is the beginner so we need to guide the newbie so they cannot experienced to lose what they have right now we need to help each other to stopped bad people.
sr. member
Activity: 1050
Merit: 416
Buy Bitcoin
April 09, 2020, 03:37:09 AM
I'm sure that those who are into crypto since last year knew that downloading new mobile wallet from play store can be dangerous, well this is for newbies who just entered crypto space this year, most top popular mobile wallets have fakes built by scammers too, before you download any wallet find its website and download through the link instead
oh i think its better to have a hardware wallet because most of the people here said that its safe from thieves.

Hardware wallets do support most of the major cryptocurrencies and tokens, but there are also some coins which don't have a hardware wallet support, take for example MB8coin. For such coins, if you need to hold them you'll need to go for a desktop/mobile wallet which supports it. So when looking for Desktop/Mobile wallets, it's always better to go to the official website and then download it from there than randomly shared download links. 
full member
Activity: 887
Merit: 100
April 09, 2020, 03:27:16 AM
not only for beginners but for most crypto users need to be careful before using a cellular wallet especially when accessing it through Playstore, most of the cellular wallet there is almost similar to the original wallet. and I agree with you, that visit their official website first before downloading a cellphone wallet on Playstore
hero member
Activity: 2912
Merit: 629
April 09, 2020, 03:19:46 AM
Downloading a fake cryptocurrency wallet might be a real problem for newbies. The best way to search for official Apps is visiting the official websites of the developers.
You're right that would be the safest way to download a wallet app. Scammers are doing their best to take advantage the newbies (actually even old investors here) in crypto thus its better to be very careful when searching. It would be better if you read reviews and experience first of those who already use it before downloading to make sure you wont get any problem if you installed it.
full member
Activity: 983
Merit: 100
April 09, 2020, 03:02:16 AM
Downloading a fake cryptocurrency wallet might be a real problem for newbies. The best way to search for official Apps is visiting the official websites of the developers.
Yes, because at the moment the fake cryptocurrency wallet with the real one is very similar, so beginners will not easily distinguish fake ones from the real ones, so the perfect solution is to visit the official website through a search engine like Google.
member
Activity: 1078
Merit: 10
April 09, 2020, 02:07:34 AM
Downloading a fake cryptocurrency wallet might be a real problem for newbies. The best way to search for official Apps is visiting the official websites of the developers.
legendary
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
April 09, 2020, 01:45:52 AM
It is really very dangerous for us, not for newbies but also professionals. while searching on play store we also get confused at times. If you are not alert, you can be victim of fraud. so you should be aware, it better to download from the original website without having to search on Play Store. If you want to download wallet from play store you should verify the app reviews and total user statistics.
full member
Activity: 1050
Merit: 100
April 09, 2020, 12:36:04 AM
The best thing to do is not to search directly on the playstore but to get the link directly on the website to make sure you will be downloading the correct wallet application. I don't use mobile wallet app since I have lost my phone a year ago. It was difficult retrieving the acces since I have lineked my phone number to my e-mail and verification.
You can get number after visiting the card office that you use and you can also access e-mail that you have linked to that number. and for the wallet I agree with you that we have to go to their site first
hero member
Activity: 2352
Merit: 594
April 08, 2020, 09:00:45 PM
The best thing to do is not to search directly on the playstore but to get the link directly on the website to make sure you will be downloading the correct wallet application. I don't use mobile wallet app since I have lost my phone a year ago. It was difficult retrieving the acces since I have lineked my phone number to my e-mail and verification.
member
Activity: 372
Merit: 11
elysian.finance
April 08, 2020, 07:47:45 PM
Researching may require an excessive amount of time and exertion however it is unquestionably valuable since it will give you a superior comprehension with respect to various crypto wallets. Despite the fact that occasionally newbies fail to acknowledge how researching can control them on choosing which wallet can make their assets safe and made sure about from con artists and hackers. They have to understand that it is our obligation to secure our assets that is the reason finding a dependable wallet is an absolute necessity to guarantee that hackers won't discover a chance to abuse our assets and resources
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