I just wanted to add that it's generally good practice to treat your mobile wallet app as though it's your actual wallet and just keep little money on there.
There's always the threat of your phone being stolen as well.
Topic: *warning* Two current security issues with mobile devices - page 2. (Read 2162 times)
i just curious how they can bypass google playstore and appstore's security,i guess those big company always reviewing every applications first or just submit it to their store?,i know becoming a developer in google playstore is quite cheap but it could make them have bad quality
Using your phone to store bitcoin was always a major mistake. You should never carry anything more than pocket change in your phone, literally a couple dollars in bitcoin just like you carry only a couple dollars in your pocket (unless you are a baller...)
sometimes you need to have it for some usages so you hold them on your phone and honestly i don't see any problem with that as long as you are using the right wallet for it with the best security and then keeping it password protected.
Yeah indeed, we need to secure wallet which is used to store all of your bitcoin we have. But if we forget against PC security, laptop, smartphone, etc then all the things you do will be useless, because they can still take your Bitcoin through devices that you use. so in addition to the purse of the device that you use should also be given good security
Just to make everyone aware, there are a few security risks presently affecting mobile devices that require people to be vigilant.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Thanks for the warning and tips.With number of mobile internet users on rise,hackers have shifted their target to mobile devices.Precaution is the only safety Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Using your phone to store bitcoin was always a major mistake. You should never carry anything more than pocket change in your phone, literally a couple dollars in bitcoin just like you carry only a couple dollars in your pocket (unless you are a baller...)
sometimes you need to have it for some usages so you hold them on your phone and honestly i don't see any problem with that as long as you are using the right wallet for it with the best security and then keeping it password protected.
Using your phone to store bitcoin was always a major mistake. You should never carry anything more than pocket change in your phone, literally a couple dollars in bitcoin just like you carry only a couple dollars in your pocket (unless you are a baller...)
Nowadays, it's been really hard to trust any sites/apps that will hold our bitcoin earnings. It would be better to use those that are trusted, used by most users, reputable, and have positive reviews. Making research first may help. Another thing, I think it's okay to use more than one wallet, so that in case something's happened, you won't lose all your earnings. Just my opinion
As much as possible, we should avoid using wallet that has no reputation and a review of users that it is really a dependable and trusted site. It's convenient to use a mobile wallet but safety should come first. If someone opt to use a mobile wallet then it should only be for small amounts so that when there are problems and someone try to steal it then only a small amount will be lost.
Just to make everyone aware, there are a few security risks presently affecting mobile devices that require people to be vigilant.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
That`s why i will never use any android bitcoin wallet app.
Mobile wallet apps are most likely malicious or at least vulnerable to malicious attacks.
Cold storage is the best option.
Thanks for your tips, but anyone in here can give me more suggestion about which is better in your opinions, xapo or my cellium. I need your help the people is having experience with them. because I wanna to saving a part of my money into device wallet.
Nowadays, it's been really hard to trust any sites/apps that will hold our bitcoin earnings. It would be better to use those that are trusted, used by most users, reputable, and have positive reviews. Making research first may help. Another thing, I think it's okay to use more than one wallet, so that in case something's happened, you won't lose all your earnings. Just my opinion
Just to make everyone aware, there are a few security risks presently affecting mobile devices that require people to be vigilant.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Thanks for the advice. I do not normally have large amount in my online wallets. It is good to know that it is the right practice.
Lol well I have a blackberry so I'm not on the world's least secure device (apple) therefore this isn't a concern. Of course most people in the world use an android device and I'm using android ported apps so I guess the same applies. Don't store more than you are be willing to risk. I never keep more than 0.05BTC in mycelium. I thought that was a good solution for blockchain.info when I was a newbie, but somehow my 2FA was 'hacked' (rofl, clearly not. Thanks blockchain.info for the important lesson. Never trust those fools with my money).
What have you encountered specifically with blockchain.info? That is the mobile app I am using right now. Are you allowed to use 2FA on the mobile app, as well? 
you should always check "any" wallet you are downloading,
1) check their community, their code,... to see how they save your private key, how their security is,...
2) download from their official website and the correct links
3) [important] check the integrity and Authenticity of the downloaded file by checking the signature.
1) check their community, their code,... to see how they save your private key, how their security is,...
2) download from their official website and the correct links
3) [important] check the integrity and Authenticity of the downloaded file by checking the signature.
Thanks for very useful security tips. There are lots of security issue coming up regarding android apps as what apps do inside is quite unknown to normal users. I have blockchain.info wallet and electrum mobile wallet downloaded from official account in google playstore, hope those are fine and also i don't install other useless apps and games.
I personally don't both using mobile wallets mostly for this reason; there simply isn't enough of a reliability or security that there is with most other wallets, desktop wallets especially, and most online wallets allow for you to log in through a mobile platform, and those maintain far better security standards than mobile wallets, so I'd rather use those instead to be honest.
i had never care about this these type of security but now after seeing your post now i realising that these security advice should noted . but one another thing in my mind that can any app is at playstore that can steal or disclose our privacy and can hack our system .
That's why you use reputable wallets, like mycelium, breadwallet or greenbits. Those are the only three I trust. Anything else should be used with extreme caution.
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in my android i only use mycelium, and don't know about the other wallet. i am really afraid about the other apps that i don't know and don't want to install it on my android. i hope that in android can be secure from malicious apps.
i remember when i was first time add 2FA on my PC, and suddenly in one day, i can not login into market exchanger account, and search how to solve this. from what i've read, better we install 2FA on our android, don't install it on the browser, especially chrome because in chrome, there are many add-on that we don't know is it safe to install or not. and after that, i change 2FA from browser into my androids, and i hope i don't have this experience again in future.
i remember when i was first time add 2FA on my PC, and suddenly in one day, i can not login into market exchanger account, and search how to solve this. from what i've read, better we install 2FA on our android, don't install it on the browser, especially chrome because in chrome, there are many add-on that we don't know is it safe to install or not. and after that, i change 2FA from browser into my androids, and i hope i don't have this experience again in future.
Lol well I have a blackberry so I'm not on the world's least secure device (apple) therefore this isn't a concern. Of course most people in the world use an android device and I'm using android ported apps so I guess the same applies. Don't store more than you are be willing to risk. I never keep more than 0.05BTC in mycelium. I thought that was a good solution for blockchain.info when I was a newbie, but somehow my 2FA was 'hacked' (rofl, clearly not. Thanks blockchain.info for the important lesson. Never trust those fools with my money).
Just to make everyone aware, there are a few security risks presently affecting mobile devices that require people to be vigilant.
Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
Tha's good information and I very believe with that, because to this day I'm always found the fake apps are copying the original apps just to trap the users, maybe some people is not careful is they installing the apps and using that. especially for btc wallet apps and maybe that's looks like original apps. Firstly, there are still fake, malicious wallets circulating on the App Store, always make sure you use download links from a reputable source.
Secondly, some wallets are automatically backing up private keys to the cloud. Keys stored online are potentially a serious security risk. Make sure your apps aren't doing this, or if they have, move your funds to new addresses immediately.
It's generally good practice to only keep small amounts on portable devices in the event of physical loss or theft anyway. Larger sums should be locked away in cold storage, offline, somewhere secure.
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