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
Through the link of play store and app store is enough safe. Newbie member shouldn't download very new wallet until getting popular, follow apps feedback in store. Before send public address in airdrop or bounty check twice that you downloaded right apps or visit website. 
Topic: For newbies only - page 7. (Read 1270 times)
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
Any newbie who is wise enough wouldn’t make such a mistake. I never made that kind of mistake when I was a newbie. First thing I did after getting to learn about Bitcoin and how it functions and also getting know that you need a wallet, I immediately searched on Google for the best and most popular cryptocurrency wallets. I also got to learn the difference about them and I didn’t waste time in choosing Coinbase because I knew that it would be safe for me and easy to use.Another wallet I also use is Xapo, and it functioned well for me. Good thing about Xapo is that they had cold storage where you can store your coins for proper safety. I started with these two wallets and when I got to know more about bitcoin, that’s when I started using wallets like Coinomi. And if you check on Playstore or Apple store, you would see two Coinbase wallets – the main wallet and a fake one.
You don’t even need to be told which one is the real one because the fake one has 100k lesser downloads than the original which has up to 10 million downloads. But you’re still right, they should check from the website, but don’t forget that there are fake websites also.
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
Through the link of play store and app store is enough safe. Newbie member shouldn't download very new wallet until getting popular, follow apps feedback in store. Before send public address in airdrop or bounty check twice that you downloaded right apps or visit website.
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
It's really sensitive issue for investors and traders whom use mobile app/wallet for their asset. Cause there is many history from last couple of years that people got hacked because of using fake mobile app/wallet. It's depends on you which app you are downloading form google play store. If you are using any app which not protected by google then you should stop using that app. Because they can hacked you with all information easily. Here is a good article about How to Check if an Android App is Safe or not.
Absolutely agree with you, today there are many fake wallets and scams exist in the market. And newbies will be easily fooled by these applications. They need to know everything carefully before they want to invest in this market, otherwise one day they will lose all the money invested.
Newbies are prone to scamming so they should be more cautious at all times. If they want to download the mobile wallet, research first about that certain wallet to prove if its legit or not. Scammers have always their own ways to make fake mobile wallets look more legit particularly in the eyes of newbies. Applications in the playstore are not all legit so we should look for the safest link instead to download the mobile wallet that we want. 
Absolutely agree with you, today there are many fake wallets and scams exist in the market. And newbies will be easily fooled by these applications. They need to know everything carefully before they want to invest in this market, otherwise one day they will lose all the money invested.
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
That's right. Thank you for reminding and making a thread for those newbies. First of all you guys must be research first on the real and legit mobile wallet or digital wallet that may store your digital currency in cryptocurrency but before that you must have enough knowledge about the mobile wallet you are downloading kindly open the link or go to the legit website of the mobile wallet in order to download it so that you will be assured that the wallet is legit. there are so many instance an incident that happens about the hacking of mobile wallet and it is because of those scammers and hackers.
I would also add that there are no direct competitors that are coming with similar features. So guys look unique
Oh, really? Will also conduct own research and get back with my thoughts too
From your words that sounds interesting, will definitely have a look on my own and get back with own thoughts shortly! Thank you for your recommendation
I would also add that there are no direct competitors that are coming with similar features. So guys look unique
That's the first thing need to do if we play store user, Must be careful always downloading mobile wallet and can be deposited altcoins on them. Because there are times that can going to be scam and lost your coins you have in your wallet. Most of the mobile wallet we download in the play store are not safe enough so ask first to those person using on it before to do some move.
It is true, we must be careful since being aware is not enough to avoid this kind of scam. We should always remember that not all application in playstore is legit. And of course, it is better to download wallet files directly from the legit websites to avoid downloading the cloned wallets or those fake wallets createf by scammers. 
That's the first thing need to do if we play store user, Must be careful always downloading mobile wallet and can be deposited altcoins on them. Because there are times that can going to be scam and lost your coins you have in your wallet. Most of the mobile wallet we download in the play store are not safe enough so ask first to those person using on it before to do some move.
Quite right, a lot of different scammers add cryptocurrency wallets to the play store and to other places in order to receive money from this, and before you start downloading a cryptocurrency wallet, you should always check all the reviews about this wallet and generally better of course download any wallet from official sites.
This forum should have been made better for newbies who want to learn more about what crypto or other virtual currencies can generate a little profit for all of them.
What you mean this forum should been made better? Isnt it? Why blame the forum if newbies cant learn the easy way. Sometime as a beginner you are the one needed to adjust with such situation and dont blame to the system.
I dont see the forum has lack of improvement to teach newbies. Members here are continuously sharing their insight and knowledge just to help them.
as beginners should be more active to learn to increase their knowledge. if it is felt that the forum is lacking, I think it can find other sources of knowledge, according to what it wants. in my opinion this forum is great for exchanging information, and of course learning. therefore we should be able to adapt to the development of the environment
For iOS users iPhones are bad idea for storing your find since it's been revealed that it's not safe, something about a hidden back door in iPhone OS, for now Android is the safest smartphone for keeping coins
It is better we use the hardware wallet to keep the funds or coins so we don't have to worry about the bad thing that can happen. We don't have to carry the funds in our android because we don't know if that will still be safe for our funds or not. We can place the hardware wallet in our home while we can carrying the android without storing any coins on that mobile phone. Don't store your coins with something that you use every day because that will be dangerous for you if someone can break your mobile phone.
For iOS users iPhones are bad idea for storing your find since it's been revealed that it's not safe, something about a hidden back door in iPhone OS, for now Android is the safest smartphone for keeping coins
This forum should have been made better for newbies who want to learn more about what crypto or other virtual currencies can generate a little profit for all of them.
What you mean this forum should been made better? Isnt it? Why blame the forum if newbies cant learn the easy way. Sometime as a beginner you are the one needed to adjust with such situation and dont blame to the system.
I dont see the forum has lack of improvement to teach newbies. Members here are continuously sharing their insight and knowledge just to help them.
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
Well informed. This information is very useful to not just the newbies but oldies. Oldbies also get scammed or hacked on the space. Its left for us oldbies and newbies alike to exercise extreme caution in our dealings
When downloading any app on either the Playstore or the Applr store? It's good to take these into consideration:
1. The ratings of the app. Usually 5 stars is the highest rate an app can receive. Should the rate be low say 1 star, just know that something is wrong somewhere. Normally I am more comfortable downloading apps with atleast 4-5stars.
2. Another crucial thing to look out for when downloading an app is the reviews. Pay close attention to other users reviews on the review site. If the review is positive, then go ahead and download. And if negative, such app is risky to download.
3. Another important thing to consider when downloading any app is Number of downloads qn app got. For instance, you can't expect a popular wallet such as imtoken or any other popular wallet to have just 100 downloads. When you see such, its 90% sure that such app is phishing. And lots more reasons.
I hope this helps
This could be serious advices for newbie and every people before downloading the particular apps because some of apps compromised by malware and can stole our personal data and our funds and also do not ignore the warn from apps store because usually if there was suspicious apps downloaded then apps store has been warn us to about that and asking permissions so better remove those apps if you find warn such as this
then they will surely take care of creating such a fake website.
You got it right!A perfect example was with the very known electrum. This wallet is very legit and popular but scammers made a phishing site and fake wallet so those that doesn't know the actual website might land to their website and make it think that the wallet itself is safe.
Those incidents made them think that Electrum isn't safe but in reality, it is safe but they just became a victim of fake wallet and fake website.
Believe me, if scammers create a fake wallet, then they will surely take care of creating such a fake website. You need to check much deeper and more thoroughly.
The fact that people generally install new unknown wallets on their devices seems incredible to me, because there are so many proven and reliable
wallets of a different nature and format that have been on the market for quite some time. However, people love new products, which means they will have to learn from their own mistakes.
The fact that people generally install new unknown wallets on their devices seems incredible to me, because there are so many proven and reliable
wallets of a different nature and format that have been on the market for quite some time. However, people love new products, which means they will have to learn from their own mistakes.
Jump to: