How safe is it to store your bitcoins on a mobile phone? - page 6.

Labumi

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Quote from: Bitcoinbro on May 13, 2016, 02:14:34 PM

Overall I think its pretty safe but keep in mind a paper wallet is of course way more secure, with a mobile its maybe pretty secure but it still can be hacked.

True, any Sophisticated equipment that we use there is definitely a gap to hackers, as well as for the wallet in a mobile phone. There must be a gap that could be searched by the hacker, I hope if you did do a cell phone inside the BTC storage, do not use the mobile phone to open a site that is not yet known.

dsyahputera

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Quote from: bitbite111 on May 10, 2016, 12:05:32 PM

What if you lose your phone, which happens...

I'd rather store it on a web wallet and upload the private keys to gmail.

It is beter to copy your private keys on paper wallets rather than upload it to gmail, IMHO.

Quote from: phreaky on May 13, 2016, 02:22:37 PM

Quote from: Bitcoinbro on May 13, 2016, 02:14:34 PM

Overall I think its pretty safe but keep in mind a paper wallet is of course way more secure, with a mobile its maybe pretty secure but it still can be hacked.

Of course paper wallet is way more safe but you can also not compare that in my opinion, I think that a mobile wallet is considered to be safe but I also think its depending on how you secure your mobile..

More safe, store your savings in paper wallets and use mobile wallet for daily spending just like your traditional wallet.

calkob

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As far as i am aware it is very safe espeicailly Breadwallet on IOS. I am sure there are other very safe wallets out there..... Wink

phreaky

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Quote from: Bitcoinbro on May 13, 2016, 02:14:34 PM

Overall I think its pretty safe but keep in mind a paper wallet is of course way more secure, with a mobile its maybe pretty secure but it still can be hacked.

Of course paper wallet is way more safe but you can also not compare that in my opinion, I think that a mobile wallet is considered to be safe but I also think its depending on how you secure your mobile..

Bitcoinbro

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Overall I think its pretty safe but keep in mind a paper wallet is of course way more secure, with a mobile its maybe pretty secure but it still can be hacked.

Crazygreek

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It's safe till you will lose your mobile phone with open wallet. In other cases it's really safe. Just be scared of scammers cause they will try to stole your coin even if you will delete it.

DimensionZ

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Shit, did I leave the stove on?

I use a mobile Bitcoin wallet on my smartphone because it's very convenient to have some Bitcoins at hand when you are out and about and want to purchase something in a hurry, you can just take your smartphone out of the pocket and make the transaction. Also being able to scan QR codes is very useful because you don't need to write and making a mistake while typing is avoided. But I don't recommend storing all your Bitcoins on your phone. Just put whatever amount you need to do your daily business and put everything else in a cold storage.

Farma

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it was very easy, I just need to install the application on android blockchain my wallet and use it. Well I am currently using my android as a mobile phone

Kprawn

legendary

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See the strange thing is this.... the majority of the responses on here, seems to think it is unsafe to store coins on a mobile phone, but we encourage people to use Bitcoin and to use it with their

phones on a daily basis. We will need to find a more secure way for people to transact with their phones, for Bitcoin to go mainstream and to enter the third world countries, where people access the

internet via their phones. Most people there do not have access to desktop pc's and hardware wallets are too expensive. How do we solve this problem?

Grizzlyorb

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Quote from: btc-facebook on May 13, 2016, 10:29:16 AM

Since mobile phone is a device with small size, I think it's not be a good place to store your bitcoin.
Imagine if you're forget to take your phone after you're going toilet , And yes PC much safer than phone

The must be underlined word is mobile. Since we bring mobile phone anywhere we goes, of course it will be not safe to store our Bitcoin there. Unless we just keep the mobile phone in our home, that's probably safe.

btc-facebook

legendary

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Since mobile phone is a device with small size, I think it's not be a good place to store your bitcoin.
Imagine if you're forget to take your phone after you're going toilet , And yes PC much safer than phone

avikz

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Quote from: goldflake on May 10, 2016, 11:04:18 AM

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?

It is absolutely not safe. You should have used other means to save your private keys.

But if you are holding a very minimum amount of bitcoin, then not a problem.

But if you are holding a decent amount of bitcoin, then I will suggest you to use paper or hardware wallet. It is the best way to secure your money.

Raimonn

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I trust my mobile to store few bitcoin cents, i now security isn't the best but if you don't install not trusted apps i think its secure enough for small amounts. For bigger amounts i don't trust mobile wallets.

PsursV

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i think a security code will be there on moble phne but still it is not good to store bitcoin in mobile cell. so i think it necessory to store the coins in a best security option so as to avoid the stelling risk\

Wendigo

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Quote from: Amph on May 12, 2016, 02:11:44 AM

i would only store very small amount, just the amount that i need to purchase something while i'm out around

probably less than 1 btc in any case, because it'0s really easy to get infected, since your phone can go easily on the hands of someone else

I always set up passwords for my mobile Bitcoin wallets so in the event of my phone ending up in someone else's hands for a brief moment they won't be able to get into my wallet fast enough to do any harm. Of course they could reset my master seed but I keep my private keys backed up in external locations so in theory nothing catastrophic could happen. But I do not recommend backing up the private keys to the phone memory or the microsd card.

DOGE12321

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Quote from: goldflake on May 10, 2016, 11:04:18 AM

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?

I wouldn't recommend storing BTC on a mobile phone. Just as you said, the phone may have preinstalled malware. Another reason is that the size of our modern-day phones make them very easy to lose. However, I wouldn't feel that my BTC is safe either until it was stored offline. I would recommend a Ledger wallet to store your BTC.

Amph

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i would only store very small amount, just the amount that i need to purchase something while i'm out around

probably less than 1 btc in any case, because it's really easy to get infected, since your phone can go easily on the hands of someone else

help me01

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Its fine for small amounts needed for transactions but keep any large balances in cold storage or on a very well secured computer or mac

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help me01

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Its fine for small amounts needed for transactions but keep any large balances in cold storage or on a very well secured computer or mac

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Jasad

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= jasad =

Quote from: goldflake on May 10, 2016, 11:04:18 AM

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?

mobile phone or smartphone has become one of most secure devices to store your assets,bitcoin or other currency set up to safe and secure in your smartphone,its why almost all online wallet have good feature in mobile developer.

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