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Topic: Tips on how to have the most secure and safe wallet - page 2. (Read 260 times)

member
Activity: 112
Merit: 10
To use bitcoin then an internet connection is a must, don't you know that basic? Bitcoin is a digital currency in the first place.
To send and receive requires internet. Hardware wallets do not connect to the internet, but they can connect to a computer via USB and the computer can connect to the internet. The user's private keys never leave the hardware wallet; the hardware wallet can generate receiving addresses and sign send transactions. With a smartphone, the device storing private keys is directly connected to the internet, even if only temporarily.

In other words no matter what type of wallet you use you still need internet connection, the phone is not just safer and secure but also more easier to operate because you just turn it on including you can choose to turn your internet conenction on and off whenever you want, if hardware is used then you have to usb cable and other stuff that is more harder than using phone.
newbie
Activity: 35
Merit: 0
why don't use hardware wallet, or store in a computer with no internet connection?
legendary
Activity: 3122
Merit: 2178
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If you use a dedicated smart phone (factory reset and everything) or a dedicated laptop / pc (fresh install, not used for anything else) you should be fairly safe, that's true. I'd still go for a hardware wallet however. They don't cost that much and keep your coins safe even if physically accessed.

Disagree I don't think mobile wallets are that safe even if you take those precautions. The only wallets I feel safe with are hardware wallets or paper wallets because those are never online but rather offline completely.

To use bitcoin then an internet connection is a must, don't you know that basic? Bitcoin is a digital currency in the first place.

You don't need your wallet to be online to store Bitcoins, only to sign transactions. Using hardware wallets or paper wallets enables you to store your Bitcoins without having the respective private keys exposed to the internet.
member
Activity: 266
Merit: 36
To use bitcoin then an internet connection is a must, don't you know that basic? Bitcoin is a digital currency in the first place.
To send and receive requires internet. Hardware wallets do not connect to the internet, but they can connect to a computer via USB and the computer can connect to the internet. The user's private keys never leave the hardware wallet; the hardware wallet can generate receiving addresses and sign send transactions. With a smartphone, the device storing private keys is directly connected to the internet, even if only temporarily.
member
Activity: 112
Merit: 10
Disagree I don't think mobile wallets are that safe even if you take those precautions. The only wallets I feel safe with are hardware wallets or paper wallets because those are never online but rather offline completely.

To use bitcoin then an internet connection is a must, don't you know that basic? Bitcoin is a digital currency in the first place.
full member
Activity: 266
Merit: 101
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Disagree I don't think mobile wallets are that safe even if you take those precautions. The only wallets I feel safe with are hardware wallets or paper wallets because those are never online but rather offline completely.
member
Activity: 112
Merit: 10
1. Use mobile phone.

2. Use the most reliable wallet available for mobile phone.

3. Use your mobile phone only as container for your wallet, do not use it for other things such as for phone calls, sms and especially opening websites or mining bitcoin.

4. Only turn on your mobile phone when you want to use your wallet for trading, sending, etc so when you don't use it then just turn it off. Use password protection on it so that when you turn it on it will ask for password that only you know.

5. Store your phone on an iron box or other secure box container, do not bring it with you and if you need a mobile wallet then just make a secondary wallet with the same tips here but with the exception it only have bitcoin with just the amount of you need for buying things, do not bring your main wallet with you where all your bitcoin stored.
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