what is the best crypto wallet for mobile? - page 2.

Pmalek

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Quote from: Hispo on December 19, 2022, 01:42:02 PM

The creator of the wallet "Andreas Shildbach has provided a tutorial to extract the seed separately in a computer, using the file and the password, the result displays the 24 words. The app itself does not show the seed in plain text, for security according to the developers.

That's good. If it works with 3rd-party apps and especially desktop devices, it means you are not dependent on the Shildbach wallet to stay operational.

Quote from: Hispo on December 19, 2022, 01:42:02 PM

The fee options are shown as: High, medium and slow.
The exact amount of say/vB is not detailed on app, only on explorers.

The sat/vByte data should be visible during the transaction creation process. I see no reason to not have it. Newbies and those not interested in entering the fee rates manually can be given a choice to select between high, medium, and slow confirmation times if they want. More advanced users surely want to know how much they are paying, especially considering how bad some wallets are in automatically selecting the fees.

Hispo

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Quote from: Pmalek on December 18, 2022, 02:52:27 AM

Quote from: Hispo on December 17, 2022, 02:42:50 PM

In my opinion, the best Bitcoin wallet for Android is the Bitcoin Wallet (also known as Schildbach wallet).
The only thing one needs to be aware of is the fact this wallet does not reveal the seed to you directly but rather encrypts it and allows you to save it locally as a file (can be also be saved in other places after encryption).

I haven't used it. So, the wallet forces you to make a digital backup of your seed even if it's in an encrypted format? Can you decrypt the seed manually (without using the native software) to check the seed words and make an offline backup or is there no such option? I don't like being forced to make digital backups if I don't want to.

Quote from: Hispo on December 17, 2022, 02:42:50 PM

Also, allows you to choose the fee you want to pay, but you can't accurately type how many sat/vB you want to pay, the minimum is about 2 Sat/vB last time I checked.

How do you enter the fees then if it can't be entered accurately? Maybe it only works with round numbers and not with decimals. Ledger Live has such a weird fee entry system.

You can use the wallet without backing it at all. It has the option to backing the seed, the process itself consists in providing a password which is used to create an encrypted a file containing the seed. After being encrypted with a strong enough password the app instructs the user to save the file outside the phone itself.
It can be on a computer, USB memory or the cloud (assuming the password is good enough).

If the telephone is destroyed, formatted or stolen, one can download the app again, import and restore the wallet with the file and the password. I have done it personally several times in 2020. The creator of the wallet "Andreas Shildbach) has provided a tutorial to extract the seed separately in a computer, using the file and the password, the result displays the 24 words. The app itself does not show the seed in plain text, for security according to the developers.

The fee options are shown as: High, medium and slow.
The exact amount of say/vB is not detailed on app, only on explorers.

Quote from: Charles-Tim on December 18, 2022, 04:06:29 AM

Quote from: Hispo on December 17, 2022, 02:42:50 PM

In my opinion, the best Bitcoin wallet for Android is the Bitcoin Wallet (also known as Schildbach wallet).

Is the wallet supporting passphrase, opt-in RBF and coin control?

I don't think so.
It is a rather simple wallet, I think, in comparison to other ones.

Lucius

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Quote from: Pmalek on December 18, 2022, 01:32:29 PM

Aren't there two wallets that are called Freewallet, where the one is an awful scam while the other is relatively unknown?

I personally know only the online version that has a disastrous reputation on the forum due to the abnormal KYC policy. I wouldn't be surprised if someone decided to copy a name that obviously attracts many, and not just beginners. If my memory serves me well, even the famous Mr. Mars was caught in the trap of the wallet in question Roll Eyes

hosseinimr93

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Quote from: Pmalek on December 18, 2022, 01:32:29 PM

Maybe the option wasn't there back when you tested it out. Maybe they added it later or you forgot to activate the advanced options.

I just tested it.
Bluewallet allows you to add a passphrase to the seed phrase only when you import a seed phrase. It doesn't allow you to add a passphrase to the seed phrase when you generate a seed phrase.

Quote from: Pmalek on December 18, 2022, 01:32:29 PM

Have you tried generating a new Blue Wallet native seed, delete the wallet, and then recover that same wallet from seed with advanced options enabled to get to the part where they allow you to add a passphrase?

This is the only way to have a wallet with a seed phrase that has been generated by bluewallet itself and extended by a passphrase.
You should generate a seed phrase in bluewallet and then create a new wallet with importing that seed phrase and entering your passphrase.

Pmalek

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Quote from: Charles-Tim on December 18, 2022, 05:18:38 AM

When I used it to create wallet directly on Bluewallet, I did not see anything like I should include passphrase.

Maybe the option wasn't there back when you tested it out. Maybe they added it later or you forgot to activate the advanced options.

Quote from: Charles-Tim on December 18, 2022, 05:18:38 AM

I import a seed phrase from Electrum to Bluewallet with the advance option checked, it did allow the import of seed phrase with passphrase requested for too. But no option to do that when using Bluewallet to generate keys and addresses directly.

That's kind of weird. Why would they allow you to extend an imported seed with a passphrase but not allow the same thing with one natively created through their own wallet? Have you tried generating a new Blue Wallet native seed, delete the wallet, and then recover that same wallet from seed with advanced options enabled to get to the part where they allow you to add a passphrase? I guess when you do that, you can keep using the new addresses from the passphrase-protected wallet from that point on. It would be worth trying it out.

Quote from: Lucius on December 18, 2022, 06:28:22 AM

We also have that well-known online wallet that has the word "free" in its name, which only confirms that quite a few users think in a similar way, because unfortunately many use it and have big problems because of it.

Aren't there two wallets that are called Freewallet, where the one is an awful scam while the other is relatively unknown?

Lucius

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Quote from: Pmalek on December 17, 2022, 12:13:47 PM

A strong brand name is a powerful weapon, especially if you couple that with plenty of money to splash out on promotion and raising brand awareness. Trust Wallet sounds good. They knew what they were doing selecting that name. If they had selected Fart Wallet, the affect would have been completely different.

We also have that well-known online wallet that has the word "free" in its name, which only confirms that quite a few users think in a similar way, because unfortunately many use it and have big problems because of it. On the other hand, if I were to choose between HW called Ledger or Trezor, this second word would probably attract me more, but in the specific case, the appearance of the device can also decide, which is probably the reason why Ledger sold more devices.

@Ivartheragnarson, please do not post multiple posts in a row, it's against the forum rules. Also, pay attention to the fact that you quoted yourself and answered your own questions, that makes no sense, does it?

hosseinimr93

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Quote from: Saint-loup on December 18, 2022, 05:51:23 AM

It's the first time I heard about a mobile wallet providing this kind of feature. It should be a primary criterion though, since several mobile wallets have been hacked because of their lack of entropy in the past. On which form could we enter entropy? Only base 6 numbers(dice) or decimal, binary and hexadecimal values are also accepted?

In bluewallet, you can generate a seed phrase with entering your own entropy manually.
The entropy source can be a coin flip, a 6 sided dice roll or a 20 sided dice roll.

For more information on how to create a wallet with providing manual entropy on bluewallet, click here.

Saint-loup

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Quote from: Charles-Tim on December 18, 2022, 05:18:38 AM

When I used it to create wallet directly on Bluewallet, I did not see anything like I should include passphrase, but I can be able to select the wallet type, or to provide entropy (which would be similar to throwing of dice).

It's the first time I heard about a mobile wallet providing this kind of feature. It should be a primary criterion though, since several mobile wallets have been hacked because of their lack of entropy in the past. On which form could we enter entropy? Only base 6 numbers(dice) or decimal, binary and hexadecimal values are also accepted?

Charles-Tim

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Quote from: Pmalek on December 18, 2022, 04:56:20 AM

Passphrases can be added in Blue Wallet if you activate advanced mode in the settings. It's explained somewhat here.
Blue Wallet also has a Plausible Deniability feature where you can set up a fake wallet. In case of a $5 wrench attack, you can unlock that fake wallet with your secondary password and not reveal the main one.

When I used it to create wallet directly on Bluewallet, I did not see anything like I should include passphrase, but I can be able to select the wallet type, or to provide entropy (which would be similar to throwing of dice).

I import a seed phrase from Electrum to Bluewallet with the advance option checked, it did allow the import of seed phrase with passphrase requested for too. But no option to do that when using Bluewallet to generate keys and addresses directly.

Pmalek

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Quote from: Charles-Tim on December 18, 2022, 04:06:29 AM

I still prefer Electrum because I have not seen an option that Bluewallet support passphrase.

Passphrases can be added in Blue Wallet if you activate advanced mode in the settings. It's explained somewhat here.
Blue Wallet also has a Plausible Deniability feature where you can set up a fake wallet. In case of a $5 wrench attack, you can unlock that fake wallet with your secondary password and not reveal the main one.

Charles-Tim

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Quote from: Hispo on December 17, 2022, 02:42:50 PM

In my opinion, the best Bitcoin wallet for Android is the Bitcoin Wallet (also known as Schildbach wallet).

Is the wallet supporting passphrase, opt-in RBF and coin control?

Quote from: Pmalek on December 18, 2022, 02:52:27 AM

OP asked for clients with multi-coin support. Blue Wallet and Electrum are bitcoin-only wallets.

Maybe that is not well explained, but what I meant is, that I do not know much about altcoin wallets, that the best would be to just go for hardware wallet because no much option for altcoins open source online wallets.

Yes, Electrum and Bluewallet are obviously bitcoin wallets, but I still prefer Electrum because I have not seen an option that Bluewallet support passphrase.

Pmalek

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Quote from: Hispo on December 17, 2022, 02:42:50 PM

In my opinion, the best Bitcoin wallet for Android is the Bitcoin Wallet (also known as Schildbach wallet).
The only thing one needs to be aware of is the fact this wallet does not reveal the seed to you directly but rather encrypts it and allows you to save it locally as a file (can be also be saved in other places after encryption).

I haven't used it. So, the wallet forces you to make a digital backup of your seed even if it's in an encrypted format? Can you decrypt the seed manually (without using the native software) to check the seed words and make an offline backup or is there no such option? I don't like being forced to make digital backups if I don't want to.

Quote from: Hispo on December 17, 2022, 02:42:50 PM

Also, allows you to choose the fee you want to pay, but you can't accurately type how many sat/vB you want to pay, the minimum is about 2 Sat/vB last time I checked.

How do you enter the fees then if it can't be entered accurately? Maybe it only works with round numbers and not with decimals. Ledger Live has such a weird fee entry system.

Quote from: Ivartheragnarson on December 18, 2022, 02:33:54 AM

so could you list here some opensource wallets for crypto holdings sir?? specially for altcoin holdings and for mobile usage. thank you very much.

People already mentioned some. You can try Unstoppable Wallet or AtomicDEX. The second one is also a decentralized exchange that bridges different cryptocurrencies.

Quote from: Charles-Tim on December 18, 2022, 02:47:34 AM

For online wallet, if considering using it for small amount of money, you can use Electrum. Alternatively, you can use Bluewallet.

OP asked for clients with multi-coin support. Blue Wallet and Electrum are bitcoin-only wallets.

Charles-Tim

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Quote from: Ivartheragnarson on December 18, 2022, 02:33:54 AM

so could you list here some opensource wallets for crypto holdings sir?? specially for altcoin holdings and for mobile usage. thank you very much.

I do not know much about altcoins, but hardware wallet can be considered going for: Open source hardware wallet

For online wallet, if considering using it for small amount of money, you can use Electrum. Alternatively, you can use Bluewallet.

Ivartheragnarson

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Quote from: Charles-Tim on December 18, 2022, 02:17:41 AM

Quote from: Ivartheragnarson on December 18, 2022, 01:40:00 AM

how could you say trust wallet is not opensource and how that affect to our funds on that wallet??

If you are not a developer that knows how to check wallet source code to fully know if it is reproducible or not, you will not be able to to know if the wallet is open source or close source. In this regard, you can always ask about any wallet on this forum to know if it is open or close source.

so could you list here some opensource wallets for crypto holdings sir?? specially for altcoin holdings and for mobile usage. thank you very much.

Charles-Tim

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Quote from: Ivartheragnarson on December 18, 2022, 01:40:00 AM

how could you say trust wallet is not opensource and how that affect to our funds on that wallet??

If you are not a developer that knows how to check wallet source code to fully know if it is reproducible or not, you will not be able to to know if the wallet is open source or close source. In this regard, you can always ask about any wallet on this forum to know if it is open or close source.

You do not know how seed phrase are generated on close source wallets, you do not know if the code have other vulnerabilities, which might even intentionally be included by the wallet developers. You have to trust the wallet developers of close source wallets, which is not how bitcoin supposed to be because you do not have to trust anyone if you can verify. Other wallet developers can not review or verify the source code used for close source wallets because the code is not available for the public to review or verify.

Ivartheragnarson

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Quote from: Charles-Tim on December 15, 2022, 01:47:31 PM

Quote from: Ivartheragnarson on December 15, 2022, 12:53:20 PM

why these trust wallets are being hacked?? isn't trust wallet safe?? if no why?? is there a better wallet for holding my crypto temporarily?? i am asking about mobile wallets guyz, not about cold wallets.

Trustwallet is close source, so no point in trusting the wallet. But you and your friend need to protect your wallet from both online and offline attack which is what I think that happened, that your wallet or seed phrase is not well backup or protected.

I will recommend Electrum, for bitcoin. Or Bluewallet.

Quote from: NotATether on December 15, 2022, 01:11:59 PM

You can try MyCelium (for iOS I believe - I've used that before), Or you can use Blockstream Green or Muun Wallet. Additionally, if you are using Android, you also have Electrum and Bitcoin Wallet for Android as options.

I do not still recommend Muun wallet because no seed phrase backup, correct me if I am wrong.

Wallets supporting Taproot

how could you say trust wallet is not opensource and how that affect to our funds on that wallet??

Quote from: Ivartheragnarson on December 15, 2022, 12:53:20 PM

isn't trust wallet safe?? if no why??

Since trust wallet is closed source, we don't know how secure is it. And i never see any result of security audit on Trust Wallet either.

Quote from: Ivartheragnarson on December 15, 2022, 12:53:20 PM

is there a better wallet for holding my crypto temporarily?? i am asking about mobile wallets guyz, not about cold wallets.

how could you exactly say trust wallet is closed source?? and what is the matter of being close source?? explain me sir...

[moderator's note: consecutive posts merged]

PX-Z

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When considering holding bitcoin or any cryptocurrency in a mobile wallet you should considered a lot of security and privacy measures not just because you have used a "secured", "trusted" wallet by many. I have used and installed so many mobile wallets such as electrum, samurai, mycelium, trustwallet, coinomi, blockstream green, with of course funds on it but i have never experience any hack issues.

You see, it's not all about the wallet you used, but also on how secured your device is and the practice you are following securing your funds. Of course using a "secured" wallet is a plus.

Hispo

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In my opinion, the best Bitcoin wallet for Android is the Bitcoin Wallet (also known as Schildbach wallet).
It is open source, non-custodial, got native segwit addresses and other features I like. The only thing one needs to be aware of is the fact this wallet does not reveal the seed to you directly but rather encrypts it and allows you to save it locally as a file (can be also be saved in other places after encryption).

Also, allows you to choose the fee you want to pay, but you can't accurately type how many sat/vB you want to pay, the minimum is about 2 Sat/vB last time I checked.

I personally used it for a year.

Pmalek

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Quote from: Lucius on December 17, 2022, 05:52:12 AM

You see, maybe there is something in the name, and whoever designed that crypto wallet chose a perfect name that has a great influence when deciding which wallet to use. Of course, the constant promotion since that wallet was bought by a well-known CEX also helped.

A strong brand name is a powerful weapon, especially if you couple that with plenty of money to splash out on promotion and raising brand awareness. Trust Wallet sounds good. They knew what they were doing selecting that name. If they had selected Fart Wallet, the affect would have been completely different.

hugeblack

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Quote from: NotATether on December 15, 2022, 01:11:59 PM

You can try MyCelium (for iOS I believe - I've used that before), Or you can use Blockstream Green or Muun Wallet. Additionally, if you are using Android, you also have Electrum and Bitcoin Wallet for Android as options.

I recommend staying away from Green Wallet, it offers a multi-signature wallet hence higher fees and technical knowledge (by creating a 3 out of 2 wallet) so you have full access to your coins.
So for bitcoin the best solution is bluewallet and MyCelium for Android & IOS.

Topic: what is the best crypto wallet for mobile? - page 2. (Read 719 times)