Not recommended to use old phones as your cold wallet because the android version is not updated and I'm sure old android version won't support new versions of any wallet you want in the future.
If you actually want a wallet offline there are some alternative like Electrum Tails in USB or Airgap wallet where your one wallet is in another Android device that includes private keys and seed and another Android device with airgap wallet(offline) as a watch only wallet.
Topic: Old Android Phone as Wallet - page 2. (Read 519 times)
It is risky since I use my phone everyday and it might get lost (different in your case since you will not use your phone as you said.)
But I think such wallet have security seeds that only you have. Apart from the possibility of hacking, only you can access the wallet even if lose the phone. You can restore you wallet if you saved your seed.
It doesn't matter whether it's small or big. I think mobile devices are very risky tools. If the goal is to keep the cryptocurrencies safe only if you have, there are 2 best methods.
1) If the amount of cryptocurrencies you want to keep safe is a bit much, then the hardware wallet.
2) "paper wallet" for small amounts of investments. (In my opinion, this is the most reliable method. Unless you lose the private key!)
1) If the amount of cryptocurrencies you want to keep safe is a bit much, then the hardware wallet.
2) "paper wallet" for small amounts of investments. (In my opinion, this is the most reliable method. Unless you lose the private key!)
Suggestion: use the phone for small amounts, and use paper wallets for long term storage.
If you do this, take the necessary precautions such as creating the paper wallets offline.
If you do this, take the necessary precautions such as creating the paper wallets offline.
If you want to secure your crypto use hardware wallet instead of your mobile phone. I am really skeptical leaving my crypto in any online wallet esepcially in my phone. It is risky since I use my phone everyday and it might get lost (different in your case since you will not use your phone as you said.) But, if you really carw about your security better use hardware wallet.
But in his case we suppose he won't use it daily, it will be only a smartphone used for cold storage.
@Nofearboy
There are several like the ones mentioned here , it depends on what you're looking for. Also, there is a dedicated section for Android wallet (Bitcoin Wallet for Android) maybe there are topics that will help you to decide. As long you don't use a hosted wallet you're fine.
If you want to secure your crypto use hardware wallet instead of your mobile phone. I am really skeptical leaving my crypto in any online wallet esepcially in my phone. It is risky since I use my phone everyday and it might get lost (different in your case since you will not use your phone as you said.) But, if you really carw about your security better use hardware wallet.
I want to use an old Android Phone as wallet insted of my actual blockchain.info wallet
I want to reset it as new and to keep it only as a bitcoin wallet (only bitcoin) .
I will open it rare becouse i will check my balance in blockchain.info and i use it only for storage .
My question is , what software to use becouse i'm affraid of non-open source wallet like coinomi and i want a good backup becouse is a phone and can die.
thank you .
I want to reset it as new and to keep it only as a bitcoin wallet (only bitcoin) .
I will open it rare becouse i will check my balance in blockchain.info and i use it only for storage .
My question is , what software to use becouse i'm affraid of non-open source wallet like coinomi and i want a good backup becouse is a phone and can die.
thank you .
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