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Topic: Not all crypto apps in App stores are safe - page 2. (Read 515 times)

copper member
Activity: 2002
Merit: 1693
Top Crypto Casino
December 07, 2018, 02:07:12 PM
#8
Ya, that's right bro many app in appstore is not trusted. Safe way to check it, you can download in their website. I always download any app wallet on their website, because its will redirect to their app. Sorry for my bad english   Grin
I think what OP was trying to mean is that always try to download wallets apps or get download links from the coin's official websites like for bitcoin, you can get download links from The bitcoin project's official site: https://bitcoin.org
If it is an Ethereum wallet you want to download, you can get the download link from the Ethereum project's official site: https://www.ethereum.org

Same thing for Exchange apps, If it's a binance app, get the download links directly from the official website which is https://www.binance.com/clientDownloads.
This way you avoid landing on fake apps.
I hope you now understand
member
Activity: 551
Merit: 11
December 07, 2018, 02:05:12 PM
#7
Yes not all apps are free of viruses, and is recommend to use the most used apps that have not any problem or scam accusation and if want store large amounts better invest in hardware wallet, i think is the safest way to secure your money and not cost a lot. Better stay safe than losing all earned money.

Freewallet counts 3million users + across its platforms. Right now, I wouldn't even know a wallet with such a great database without both positive and negative feedback. Providing such an extensive service exposes us to competition but we are happy to take it on and provide the best service in the market.  Wink
member
Activity: 551
Merit: 11
December 07, 2018, 02:03:16 PM
#6
Ya, that's right bro many app in appstore is not trusted. Safe way to check it, you can download in their website. I always download any app wallet on their website, because its will redirect to their app. Sorry for my bad english   Grin

A perfect example here would be FreeWallet; they control your private keys, and I've heard a lot of complaints everywhere of people having their funds locked.



Freewallet uses an account verification procedure to prevent hacking attempts and money laundering. We have an excellent track record of blocking accounts used for illicit activities and we will keep improving our security algorithm.

If you have not been suspected in any illegal activity, you are more than welcome to use Freewallet.
hero member
Activity: 1414
Merit: 516
December 07, 2018, 01:48:37 PM
#5
Yes not all apps are free of viruses, and is recommend to use the most used apps that have not any problem or scam accusation and if want store large amounts better invest in hardware wallet, i think is the safest way to secure your money and not cost a lot. Better stay safe than losing all earned money.
mk4
legendary
Activity: 2786
Merit: 3845
Paldo.io 🤖
December 07, 2018, 12:34:41 PM
#4
Ya, that's right bro many app in appstore is not trusted. Safe way to check it, you can download in their website. I always download any app wallet on their website, because its will redirect to their app. Sorry for my bad english   Grin

Downloading an app on their official website doesn't automatically mean that the app is safe. You could download the app from it's own website but could end up being a fraud app to start with. So what do you do? Do research on the app that you're planning on using, and take a look at the top alternatives instead. I really don't suggest risking using the newer apps unless it's open source and you can audit the code yourself. A perfect example here would be FreeWallet; they control your private keys, and I've heard a lot of complaints everywhere of people having their funds locked.

legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
December 07, 2018, 12:13:35 PM
#3
Prevention is better than cure, do not download any application unless you need it.

 - Check the link multiple times: Clicking or unverifying links makes you download harmful apps.
 - Check out what's paste: Any URL you copy can be changed to malicious addresses.

There are lots of tips but knowing them will save you from losses.
jr. member
Activity: 304
Merit: 5
December 07, 2018, 09:03:33 AM
#2
Ya, that's right bro many app in appstore is not trusted. Safe way to check it, you can download in their website. I always download any app wallet on their website, because its will redirect to their app. Sorry for my bad english   Grin
copper member
Activity: 2030
Merit: 1788
฿itcoin for all, All for ฿itcoin.
December 06, 2018, 03:47:38 PM
#1
Most of us trust app stores such as google playstore while knowing that all the apps in there are verified, safe and don't have any malicious intent on our private information and funds but this is not always true.
These app stores are a sea of good and bad apps. Therefore extra steps must be taken to safeguard your funds and other sensitive information.

Time and time again I have seen articles like this Ethereum Scam App Appears on Google Play Store, Malware Researcher Reports and I just thought may I would try to alert some users here about it and how you may avoid being a victim

Am gonna look at majorly Wallets and Exchange apps. Of course, this can stretch out to other apps like trade signal apps, price alerting apps but they are not as damaging as the first two.


A. FAKE WALLET APPS

These are created with the intent to;
1. Lure you into importing your address in them thereby giving the hacker behind the wallet your private key or mnemonic phrases. The hacker later uses your private key to access your account and withdraw all the cryptos in it

2. Generate for you a public and private key which the hacker already knows, as soon as you send your digital assets into your new wallet, the hacker just withdraws it since he has access to the private key

A classic example of such fake crypto wallets is this:

 


B. FAKE EXCHANGE APPS

This is common especially with exchanges that are re-known in crypto trading but have no official app. Exchanges like Bittrex, Coinexchange,
Kraken, HitBTC etc
Time and time again, fake apps keep popping up in google playstore. However, on my recent check, I found out that most of them had been removed from the app store
These are created with an intent to phish your login details so that they can easily access your trading account and steal whatever asset you have kept in your exchange wallet.




How to avoid being a victim

1. Get Download links only from Official websites.
Always try as much as possible to download Exchange and Wallet apps from official site links to avoid landing on fake apps in playstore. For example, once you visit the official NEO website, you will be able to see Official and authentic wallets under the client tab; https://neo.org/client
For bitcoin's case, you can easily get your favorite wallet through the "Choose your wallet" tab which can easily be seen on the Official bitcoin Website; https://bitcoin.org/

How to get official project/coin website links?
coinmarketcap is your friend here.



2. Look at the number of downloads
If the downloads are so few, do not download. Authentic apps usually have so many downloads, at least 1000+

3. Look at the reviews
i.   So many reviews mean the app is being used by so many real users, fewer reviews could mean fake reviews.
ii.  Only positive reviews throughout is a red flag, someone is trying to make their app look good to use.
iii. Burst reviews(so many reviews at only a certain period of time) can also mean fake reviews

4. Enable 2 Factor Verifications for all your exchange accounts and emails
This will make it hard for the hacker to get into your exchange accounts and emails.

Be safe with your cryptos folks.
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