Topic: How safe is it to store your bitcoins on a mobile phone? (Read 7342 times)
Well, i never stored my bitcoins my mobile phone because i think it's risky and can easily get lost if your phone lost. It will safe if you don't do something wrong.
I use mycelium, but not in the way most do. I use it in tandem with my ledger wallet. Without my ledger plugged into my phone (through an otg cable), it's like a watch-only address. As soon as I plug it, I can send bitcoin without a hitch.
i dont think that it is safe to keep your violet in moblie phone. i think its too risky. if you lost your mobile phone then what wil you do. even the pc is not good to keep to violet. if you print the on a paper and keep it on a safe place where the access of other people may not be easy.
If I backup the keys onto my phone's sdcard, don't other apps have temporary access to that file before I delete it? I'm using a Micromax phone and I'm concerned that the phone contains pre-installed malware.
Is it better to just move the money to a wallet on my PC?
Is it better to just move the money to a wallet on my PC?
I think store bitcoin in the mobile phone very high risk. Because the phone can be lost at any time and if there are bad people who find it and know what is bitcoin then your can dissapear
I suggest using an online wallet. thank you
Its in my a okay way to store them but only for small amounts for some transactions, for big amounts a better secured wallet is needed.
It completely depends on how safe your phone is. Do you encrypt your files? Do you go on sketchy websites? Do you have malware? Did you scan for malware recently/constantly? Well depending on ho you answer these, yes it's safe or no its not. There's no blanket answer here.
I don't think it is the wisest thing to do, the chances of leaving your phone somewhere or breaking it are too high, desktop or an offline option would be the best solution.
You are right about that but I think it can be okay for low amounts, if you have bigger amounts you should just use a offline wallet instead.
I don't think it is the wisest thing to do, the chances of leaving your phone somewhere or breaking it are too high, desktop or an offline option would be the best solution.
yeah I would suggest to use desktop wallet. of course it will be more secure than using the phone wallet. if you do not have the urgency to use the wallet phone. it is better to avoid it dude I don't think it is the wisest thing to do, the chances of leaving your phone somewhere or breaking it are too high, desktop or an offline option would be the best solution.
You are right about that but I think it can be okay for low amounts, if you have bigger amounts you should just use a offline wallet instead.
With indeed small amounts its no problem at all but if you are using larger amounts its gonna be a problem for sure indeed.
Large amounts always need a offline wallet in my opinion.
How many of you has 2 separate phones? One for Google 2FA, another for daily use?
I do! I use a phone solely for security purposes such as 2FA and a normal phone where I do my daily things on. I like to keep things seperate.
How many of you has 2 separate phones? One for Google 2FA, another for daily use?
It's save enough to store bitcoins on phone. I've done it several times, and nothing's bad happened. maybe for the tips, don't download too many applications and don't klick links, be careful of these things. It's same tips if you want to store your bitcoins on PC.
I agree mycelium comes in handy here. I also don't have many apps on my phone; i only use satoshi convertor to calculate the current conversion rates and yourfreedom for when i have no wifi area around me.
I don't think it is the wisest thing to do, the chances of leaving your phone somewhere or breaking it are too high, desktop or an offline option would be the best solution.
You are right about that but I think it can be okay for low amounts, if you have bigger amounts you should just use a offline wallet instead.
i personally wouldn't recommend to save your bitcoin into mobile phone because I had a bad experience my smartphone has died because i was dropping my smartphone into the rivers when i was on vacations several month ago and i can't access my wallet and all my private data was gone and i think if you want store your bitcoin especially for huge amount my advice is just save into your private computer or laptop and don't let someone else use or access your computer
as long as you keep a backup of your private key can still open the wallet and I think it is the fault of your own is not a major problem in storing bitcoin in mobile phone.
I don't think it is the wisest thing to do, the chances of leaving your phone somewhere or breaking it are too high, desktop or an offline option would be the best solution.
If you are sure that you will not lose or broke or smth else bad with you mobile phone, you can use it without any problem, but if you have problems with your hands, better not to 
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you put the bitcoin on phone the risk is lost of phone its self. That was my experience and i am still luck because i still have back up priv key on another place. And my bitcoin is still save.
Guys I think it's better to focus our attention on where we are keeping our private keys to the Bitcoin wallets we are using and how secure the place where we are keeping them is. We need to take into consideration that it doesn't matter on which device we have our Bitcoins as long as the private keys are in a secure environment. Storing our Bitcoin on a laptop rather than on our smartphone doesn't mean that it will be automatically 100% more secure because our laptop's storage device may die or a power surge can destroy its components while charging etc. We need to make sure that in an unfortunate event like this we have back up copies at hand to log into any other Bitcoin wallet and restore our funds. We are not talking about cold storage here, we are trying to secure the coins on mobile devices we use for actual Bitcoin transactions daily and the first step is to back up our private keys and keep them safe off the device and not keep copies on the device 
i personally wouldn't recommend to save your bitcoin into mobile phone because I had a bad experience my smartphone has died because i was dropping my smartphone into the rivers when i was on vacations several month ago and i can't access my wallet and all my private data was gone and i think if you want store your bitcoin especially for huge amount my advice is just save into your private computer or laptop and don't let someone else use or access your computer
Not if you have saved your private key or made a backup. Your experience with storing (small) amount of Bitcoin in mobile based wallet will be very different if you did what I just wrote.
I believe most smartphone based wallet have at the very least a backup option. If you have made a backup, you should be able to retrieve your Bitcoin with a internet connected computer - or even smartphone. Since it was dropped into the rivers and you already got the phone back, I doubts any can steal your Bitcoin.
i personally wouldn't recommend to save your bitcoin into mobile phone because I had a bad experience my smartphone has died because i was dropping my smartphone into the rivers when i was on vacations several month ago and i can't access my wallet and all my private data was gone and i think if you want store your bitcoin especially for huge amount my advice is just save into your private computer or laptop and don't let someone else use or access your computer
Jump to: