Yes, a mobile wallet is risk free, but it will be better if you keep small amounts in it. Secondly, if your wallet crashes, even then, your coins will be safe. and lastly, Coinbase is the best wallet out there.
Topic: Mobile wallet clarification - page 3. (Read 691 times)
Umm, I believe that no device is risk free to store your coin. You need to be careful always. With the help of private keys, you can always recover your coins even if you are mobile wallet crashes. Bread wallet and coinbase are two mostly used iOS mobile wallet.
I heard About the blockchain wallet from the company of the same name. there are versions for Android and IOS. but he personally did not use any of the online wallets on the mobile device.
Actually mobile wallet is really good things based on this it is safe to use and easy also it will be good if you reserve small amount there if you lost also your coins and amount will be safe or same nothing gonna change.
Nothing is free of risk in internet but you can use mobile wallet. If your mobile crashes somehow it won't hamper your tokens in anyway. And I will recommend Samourai as a mobile wallet. Saw much good reviews on it.
Until now I use a mobile wallet to store and conduct Ethereum transactions and tokens. Always secure your account with additional passwords for transactions and always keep private keys in other safe places. If something happens with our gadget, it can still be opened using the private key that we saved earlier. I use Imtoken.
Hi experts, please give beginners an idea about mobile wallet.
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
3. What is the best mobile wallet for IOS (Apple)?
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
3. What is the best mobile wallet for IOS (Apple)?
If you are going to use the mobile application you will not find the any issues from the hacking or stealing kind of issues mate. I like to use the mobile wallets or desktop wallets only to use for receiving payments and other stuffs.
I really need to use the mobile wallet please turn on all the security settings available on the wallet. If the usage seems well you can continue to use it else you may stick to desktop or hardware wallets alone.
I think the hardware wallets are best of all wallets. They safe and secured. There is no worry of loosing datas. You just need to remember the keys and if it safe with you.
Coinbase offers a wallet service, which is not a wallet at all.
They lend you some addresses on their wallet and hold your funds for you. This is like a custody service.
I'm crypto terms , not technically a wallet, because you don't hold your private keys
They lend you some addresses on their wallet and hold your funds for you. This is like a custody service.
I'm crypto terms , not technically a wallet, because you don't hold your private keys
Coinbase offers a wallet service, which is not a wallet at all.
They lend you some addresses on their wallet and hold your funds for you. This is like a custody service.
I'm crypto terms , not technically a wallet.
They lend you some addresses on their wallet and hold your funds for you. This is like a custody service.
I'm crypto terms , not technically a wallet.
HOLD ON THERE DUDE, DO YOU REALLY KNOW ABOUT COINBASE? OR DID YOU JUST SEARCH IT OFF GOOGLE?
IT SERVES AS A WALLET TOO
IT SERVES AS A WALLET TOO
1. Stop yelling. It's not nice and it doesn't prove anything.
2. Many believe that online wallets, online services that offer "wallet" features are not proper wallets and that's OK.
* online wallets are less safe than local wallets (can be affected by hack, inside jobs, bankruptcy, and they are main honey pots for hackers)
* most online wallets decide the fees to be used instead of leaving the user some degree of decision
* for most online wallets you have no access at all to your private key or mnemonic seed
All in all, @bitmover answer is better than yours and it's a better advice imho.
HOLD ON THERE DUDE, DO YOU REALLY KNOW ABOUT COINBASE? OR DID YOU JUST SEARCH IT OFF GOOGLE?
IT SERVES AS A WALLET TOO
IT SERVES AS A WALLET TOO
1. Stop yelling. It's not nice and it doesn't prove anything.
2. Many believe that online wallets, online services that offer "wallet" features are not proper wallets and that's OK.
* online wallets are less safe than local wallets (can be affected by hack, inside jobs, bankruptcy, and they are main honey pots for hackers)
* most online wallets decide the fees to be used instead of leaving the user some degree of decision
* for most online wallets you have no access at all to your private key or mnemonic seed
All in all, @bitmover answer is better than yours and it's a better advice imho.
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
Nothing is risk free. However mobile wallets are save enough for you to keep Small amounts, such as the same value of your mobile device.2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
No. When you create your account using a mobile wallet you will have to save your mnemonic phrase, which will give you access to your privatekeys. Privatekey will help you recover your funds anytime you want in all kinds of wallet.3. What is the best mobile wallet for IOS (Apple)?
I believe Coinomi is the best mobile wallet for iOS.
It supports segwit and it is multicurrency.
I'll answer all of it, on question #1, Yes it is risk-free to keep cryptocurrencies in a mobile wallet, BUT there are still problems when in keeping cryptocurrency through a Mobile Wallet, which means it is not 100% safe, which means you'd have to secure your BTC somewhere reliable, my first option would be using Coinbase as your mobile wallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Coinbase is not a wallet, it is an exchange. You are spreading misinformation and talking about things you know little about.
HOLD ON THERE DUDE, DO YOU REALLY KNOW ABOUT COINBASE? OR DID YOU JUST SEARCH IT OFF GOOGLE?
IT SERVES AS A WALLET TOO, AND IT STORES NOT ONLY BTC BUT IT ALSO STORES LITECOIN, RIPPLE, ETHEREUM, AND EVEN MORE CURRENCIES, I DID NOT RECOMMEND COINBASE IF I ONLY KNOW IT IS A DIGITAL EXCHANGE, I ALSO USE COINBASE AND I WOULD NOT PUT IT HERE IF I HAVE LITTLE KNOWLEDGE ABOUT IT, AND IF YOU DO NOT BELIEVE ME HERE'S A LINK THAT WILL ENLIGHTEN YOU MY FRIEND.
https://www.investopedia.com/tech/coinbase-what-it-and-how-do-you-use-it/
AND NEXT TIME TRY TO READ MORE, AND DON'T JUST GO OVER RIGHT AT ME, DON'T USE GOOGLE, TRY TO DIG DEEPER, BECAUSE YOU'LL JUST END UP EMBARASSING YOURSELF.
OH, HEADS UP HERE'S THE DOWNLOAD LINK FOR THE WALLET OF COINBASE, AND YES IT IS ALSO AVAILABLE ON BOTH ANDROID AND APPLE.
https://wallet.coinbase.com
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
Nothing is risk free. However mobile wallets are save enough for you to keep Small amounts, such as the same value of your mobile device.2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
No. When you create your account using a mobile wallet you will have to save your mnemonic phrase, which will give you access to your privatekeys. Privatekey will help you recover your funds anytime you want in all kinds of wallet.3. What is the best mobile wallet for IOS (Apple)?
I believe Coinomi is the best mobile wallet for iOS.
It supports segwit and it is multicurrency.
I'll answer all of it, on question #1, Yes it is risk-free to keep cryptocurrencies in a mobile wallet, BUT there are still problems when in keeping cryptocurrency through a Mobile Wallet, which means it is not 100% safe, which means you'd have to secure your BTC somewhere reliable, my first option would be using Coinbase as your mobile wallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Coinbase is not a wallet, it is an exchange. You are spreading misinformation and talking about things you know little about.
I'll answer all of it, on question #1, Yes it is risk-free to keep cryptocurrencies in a mobile wallet, BUT there are still problems when in keeping cryptocurrency through a Mobile Wallet, which means it is not 100% safe, which means you'd have to secure your BTC somewhere reliable, my first option would be using Coinbase as your mobile wallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Nope, if your mobile wallet crashed, it does not mean that your cryptos will lose as well, don't worry about that!
Probably the best mobile wallet for iOs is either Coinbase or Breadwallet.
Hi experts, please give beginners an idea about mobile wallet.
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
3. What is the best mobile wallet for IOS (Apple)?
1. Is that risk free to keep Cryptocurrencies in a mobile wallet?
2. If my mobile crashed with active mobile wallet, will my cryptocurrencies lose?
3. What is the best mobile wallet for IOS (Apple)?
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