what is the best crypto wallet for mobile?

libert19

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Quote from: Pmalek on January 13, 2023, 04:33:25 AM

...I am not sure how either one of those work in terms of fees, and do you have the freedom to select how much you want to spend on transaction fees or not.

In Coinomi, fees are customizable.

@op

I ain't sure for which alts you are looking wallet for and whether you have an iOS/android. But still, if it's for ethereum I'd recommend alpha wallet ^[1] — available on on iOS/android and open source ^[2].

^[1] https://alphawallet.com/

^[2] https://github.com/AlphaWallet

NotATether

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Atomic Wallet is amazing when used through a virtual machine.

Virtual machines do not offer additional protection to your crypto, since your VM can still be compromised and your crypto stolen without even having to infect your host.

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Their UI is also one of the nicest I've seen for a mobile wallet, and from an adoption standpoint, people IRL who are into crypto and see Atomic Wallet have told me they love the way it looks. They end up using it too.

That's like saying people would rather store their seed phrase papers inside a Louis Vuitton handbag than a small generic box just because it looks fancier. Of course it does. But why do you think thieves always steal handbags and not random boxes?

Pmalek

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What should be the criteria of a good mobile wallet

It should have as many useful features as a good desktop wallet. Being non-custodial is a must. There are good open-source mobile wallets, meaning there is no need to settle for something close-source. The wallet should give you the freedom to select your own fees even after the decimals. Some wallets come with priority fee selections like low, medium, high, and that's far from optimum. Coin control is another noteworthy feature, as is the possibility to freeze certain inputs if you want to. I prefer wallets that have been around for many years and have clean track records instead of chasing beautiful looking designs and UIs, but with questionable qualities.

Your mobile wallet will depend on what coins you intend to hold in it. I see no point in using a multi-coin wallet to store bitcoin, for example, when we have standalone bitcoin wallets. And don't use an exchange as a wallet because it isn't.

Edwardard

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What should be the criteria of a good mobile wallet

It generally depends upon your purpose of use. For normal transactions, mycelium is best.
But if you are geeky and you want more advanced features like "pay-to-many" in single transaction on mobile, lightning network, etc, I'd go for bluewallet[1] (Im personally using it for myself too).

[1] https://bitcointalksearch.org/topic/tutorial-bluewallet-bitcoin-wallet-discussion-5425971

Pmalek

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Quote from: gunhell16 on January 13, 2023, 09:57:14 AM

...so coinomi seems okay too. Just don't forget to use it with extreme cautions.

What kind of recommendation is that? It's OK to use it, however, be very careful because it's extremely dangerous. That's another way of saying it. It's OK to walk in a minefield, but be careful not to step on a mine. Otherwise it's all good.

Quote from: gunhell16 on January 13, 2023, 09:57:14 AM

Apart from that, as far as I know Trustwallet is currently not good to use due to the issues it has faced recently.

I don't follow altcoin trends, so I am not sure what kind of issues you are referring to. If it's about the OP and his friends having their wallets hacked, it's worth considering that they might not know how to keep their crypto safe. Getting hacked, phished, or malware-infected is usually due to user mistakes and not because of the wallets that were used.

gunhell16

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Have you tried the Klever wallet? I think it's okay in my opinion, because I haven't faced any bad experience using it, so coinomi seems okay too. Just don't forget to use it with extreme cautions.

Apart from that, as far as I know Trustwallet is currently not good to use due to the issues it has faced recently.

Pmalek

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Quote from: Woodie on January 12, 2023, 07:17:19 AM

I love to use coinomi because I have access to my private keys which is the main deal breaker and supports several other crypto coins...

Both Coinomi and Trust Wallet are non-custodial clients, so you will have access to your seed and/or private keys with either one of them. There is no difference between them on that front. Both are closed-source, so you aren't getting any benefit from one over the other there either. What makes them different is coin support. One wallet might support an asset that the other one doesn't. I am not sure how either one of those work in terms of fees, and do you have the freedom to select how much you want to spend on transaction fees or not.

Woodie

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. why these trust wallets are being hacked??

This makes some sad reading, I thought trustwallet was good but then again too many copycats of this company is what I have observed even on Twitter they have an imposter with a huge following and they haven't been shutdown. I hope they have addressed this issue of their wallets being hacked...

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

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

Thought they were safe not anymore after reading some of their client's misfortunes.

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.

I love to use coinomi because I have access to my private keys which is the main deal breaker and supports several other crypto coins , for btc would have suggested electrum but after the hack one of our members here suffered an not comfortable using them anymore.

bettercrypto

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Quote from: erep on January 09, 2023, 10:53:55 AM

Phishing is the biggest case associated with hacking hardware wallets or wallets from open sources, even though phishing cases are user errors not verifying the source of the wallet address and not checking applications from official sources, so every wallet user should have learned things that are forbidden to access wallets from the unofficial web and should know how to protect and enhance access security in online wallets and hardware wallets.

You are right, there are many victims of those phishing sites, to be honest. Most of the cryptocurrency community should be aware and alert to these types of hacker methods.

That's why if you're holding Bitcoin, Electrum is safer when downloaded to a desktop or laptop, but if you can afford to buy a hardware or Nano wallet, it's even better. Now, for IOS, maybe Trustwallet is okay, I think

erep

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Quote from: Charles-Tim on January 09, 2023, 06:59:20 AM

It is possible that an experienced person can use an online wallet and never got hacked, but that is not enough for security reasons, anyone may later fall victim of hack and the use of an online wallet for high amount of money can result to feeling of insecurity and probably the wallet may later even be hacked, hackers should not be underestimated. The probability of getting hacked while using online wallet can be negligible for experienced users but that does not mean the wallet hack is not possible.

There is no guarantee of security for online wallets because hacking attacks will always be there and will never stop, hackers already know the huge vaults that make them rich and are always looking for bugs to access wallets through backdoors, don't hold assets on online wallets and assets on exchanges will incur feeling apprehensive about being hacked, so I always update a new wallet if using an online wallet and it will automatically transfer assets to a cold wallet.

Quote

The safest are cold storage and hardware wallets, but users should safe their seed phrase safely because offline attack is also possible. But users that do not know about phishing attack can be hacked by entering their seed phrase on a site or through other phishing attempt means. Even hack on a cold storage or hardware wallet can be possible through clipboard malware in a way the online wallet used to initiate an unsigned transaction changed the address to a hacker's address.

Phishing is the biggest case associated with hacking hardware wallets or wallets from open sources, even though phishing cases are user errors not verifying the source of the wallet address and not checking applications from official sources, so every wallet user should have learned things that are forbidden to access wallets from the unofficial web and should know how to protect and enhance access security in online wallets and hardware wallets.

Charles-Tim

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Quote from: Pmalek on January 09, 2023, 06:10:54 AM

A good software wallet can be enough for one person who will never get hacked in their lifetime.
On the other hand, a paper wallet can be completely unsafe in the hands of a person who created it using a fake service, bad RNG, or made mistakes with the seed/private keys.

It is possible that an experienced person can use an online wallet and never got hacked, but that is not enough for security reasons, anyone may later fall victim of hack and the use of an online wallet for high amount of money can result to feeling of insecurity and probably the wallet may later even be hacked, hackers should not be underestimated. The probability of getting hacked while using online wallet can be negligible for experienced users but that does not mean the wallet hack is not possible.

The safest are cold storage and hardware wallets, but users should safe their seed phrase safely because offline attack is also possible. But users that do not know about phishing attack can be hacked by entering their seed phrase on a site or through other phishing attempt means. Even hack on a cold storage or hardware wallet can be possible through clipboard malware in a way the online wallet used to initiate an unsigned transaction changed the address to a hacker's address.

Pmalek

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Quote from: albon on January 07, 2023, 01:23:59 PM

No, this indicates that you did not maintain the recovery phrases and private key well, and this is the case with all wallets if you do not have a background in protecting your wallets from hacking, then all the wallets that you will use will be unsafe for you.

Even the two most often recommended bitcoin-only wallets (Electrum and Bitcoin Core) are unsafe if used in a vulnerable environment by a person who has no idea what they are doing. Safety is not just about clicking and installing the right wallet. All your internet and/or computer habits affect the overall security of your crypto.

A good software wallet can be enough for one person who will never get hacked in their lifetime.
On the other hand, a paper wallet can be completely unsafe in the hands of a person who created it using a fake service, bad RNG, or made mistakes with the seed/private keys.

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. 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.

There are many good and safe wallets, But that doesn't mean that after your wallet and your friend's wallet have been hacked, Trustwallet is bad. No, this indicates that you did not maintain the recovery phrases and private key well, and this is the case with all wallets if you do not have a background in protecting your wallets from hacking, then all the wallets that you will use will be unsafe for you. if you are looking for a good wallet other than the trust wallet, it is the CoinBase wallet, as it is supported by reliable and well-known trading platforms, also the Exodus wallet is good and easy to use, and in addition to that it gives you a private key to access your bitcoins, Plus other useful security tools to keep your assets as safe as possible.

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Quote from: Pmalek on December 21, 2022, 02:03:45 PM

Quote from: Hispo on December 21, 2022, 12:15:17 PM

It's very impressive that this wallet has had over 5 million downloads so far. Unless the numbers on Play Store are fake and they can somehow be manipulated and inflated. But I don't think that's what is happening here.

I checked the screenshots on Play Store, and I came across this one:

Judging by the text that appears just above the PIN field when creating a transaction, the user is informed how much will be spent for the mining fees. In this particular example it's 0.01 mBTC.

Actually, it is not so surprising they have got over 5 million downloads, considering the age and reputation of that wallet. If you check carefully the creator of that wallet (Andreas Schildbach) has an account here on the forum and is even a moderator on one of the sub-sections of this forum (the Android wallet child-board).

Also, that wallet is featured on the wallet scrunity website and last time I checked, it has a spotless track record of being reproducible/open source.

Yes, the wallet actually displays the fee before sending the transaction and has options to display funds on BTC, mBTC, MicroBTC and Satoshis.
Again, it is not a perfect wallet, but I like it .

erep

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Quote from: Charles-Tim on December 21, 2022, 05:35:30 AM

Did you delete the wallet and redownload it to see if it worked?

Trustwallet is a close source wallet, which means you can import the seed phrase on a new wallet and transfer the coin to another newly created wallet. Do not trust the seed phrase created on a close source wallet.

Suggested him to switch to Electrum wallet because trustwallet side is not working properly and not showing balance has been received from signature campaign payments, I have used Electrum for any payments so no bugs found. He has to use a new wallet to store assets because the initial phrase from trustwallet is not a guarantee of security because the wallet application is a closed source, if you connect the wallet to a third application, you must provide access to the wallet connection, if you don't import the initial phrase manually.

Pmalek

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Quote from: Hispo on December 21, 2022, 12:15:17 PM

It's very impressive that this wallet has had over 5 million downloads so far. Unless the numbers on Play Store are fake and they can somehow be manipulated and inflated. But I don't think that's what is happening here.

I checked the screenshots on Play Store, and I came across this one:

Judging by the text that appears just above the PIN field when creating a transaction, the user is informed how much will be spent for the mining fees. In this particular example it's 0.01 mBTC.

Hispo

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Quote from: Pmalek on December 19, 2022, 03:09:10 PM

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.

Even though one does not need that specific wallet, extracting the seed of the encrypted file requires to use some line commands on a console on a computer, which obviously is not intuitive for most of people.

About the fee selection, I agree with you.
Being able to manually type the fee one wishes to spend is important, and it is a feature that has been demanded by some of the wallet users.
If you feel curious, you can download and check the wallet for yourself (without sending satoshis to it).

https://play.google.com/store/apps/details?id=de.schildbach.wallet

Charles-Tim

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Quote from: 2double0 on December 20, 2022, 09:24:04 AM

I was using it till I came across a bug which then needed me to use its mnemonic phrase in various other wallets and I was only able to see my Bitcoins in Electrum after successfully importing my mnemonics there. The problem with trust wallet was, when I received my recent signature campaign earnings, it didn't show my btc at all and I was scared. May be it's a bug because my coins were seen on blockchain but not in the wallet.

Did you delete the wallet and redownload it to see if it worked?

Trustwallet is a close source wallet, which means you can import the seed phrase on a new wallet and transfer the coin to another newly created wallet. Do not trust the seed phrase created on a close source wallet.

Pmalek

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Quote from: 2double0 on December 20, 2022, 09:24:04 AM

Please do not recommend trust wallet to OP.
I was using it till I came across a bug which then needed me to use its mnemonic phrase in various other wallets and I was only able to see my Bitcoins in Electrum after successfully importing my mnemonics there.

Most people aren't recommending using Trust Wallet. It's the OP who is asking whether or not this piece of software should be used or not.

You could have experienced connection issues on your end. Unless something has changed, Trust Wallet uses standard derivation paths for bitcoin. I wonder why you weren't able to recover your coins in other software wallets and why it worked on Electrum? What is the derivation path of the wallet you recovered in Electrum?

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Please do not recommend trust wallet to OP.
I was using it till I came across a bug which then needed me to use its mnemonic phrase in various other wallets and I was only able to see my Bitcoins in Electrum after successfully importing my mnemonics there. The problem with trust wallet was, when I received my recent signature campaign earnings, it didn't show my btc at all and I was scared. May be it's a bug because my coins were seen on blockchain but not in the wallet.

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

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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?

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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?

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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.

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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?

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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.

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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.

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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.

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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.

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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.

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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]

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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.

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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.

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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.

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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.

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Quote from: Pmalek on December 17, 2022, 05:03:11 AM

Do you think it's trustworthy only because they call themselves Trust Wallet?

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.

What the average Joe (like the OP) is sure to ask every time is "how come the Trust wallet is not trusted after all?" I hope that something similar to what happened with Electrum will never happen with that wallet, because it seems to me that a lot of people keep their coins in that wallet.

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

my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. why these trust wallets are being hacked?? isn't trust wallet safe??

Do you think it's trustworthy only because they call themselves Trust Wallet? Maybe the problem isn't in the wallet, it's in the people using them. Just because you were hacked, doesn't mean it's because of the client you used. It's possible to get your Trust Wallet hacked, but it's also possible to get Electrum, Bitcoin Core, or even a paper wallet "hacked" if they weren't set up properly, if you used a fake website, or a vulnerable system.

The safety of your coins greatly depends on you. It depends on what other software you use, what you do on the Internet, how good/bad your common sense is, etc.

You never mentioned what coins you have and do you even need a multi-coin wallet in the first place? If you only have bitcoin, there is no need for a multi currency wallet when you have standalone clients that are good and safe.

Quote from: Charles-Tim on December 15, 2022, 06:55:04 PM

I have not used Guarda wallet before, but know that if a wallet is a web wallet and you can connect to it using a web browser, that means it is only just having a mobile app, it is not a mobile wallet, but a web wallet.

I have never used Guarda myself, but I know that it supports both desktop and mobile devices. Guarda has connections with Atomic Wallet, and ChangeNOW, which have been known to selectively scam in the past. It's not a good option for your coins and tokens.

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. 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.

No, something isn't automatically safe just because you stick ''trust'' or ''safe'' label on it.
I wouldn't use Trust wallet for anything because they are closed source and supported by Binance, but I can't tell you why you or someone else got hacked, probably because you didn't use internet correctly and you downloaded some malware.
There aren't many alternative option for mobile wallets that support shitcoins, but one of them could be unstoppable.money, that is open source.

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Quote from: bettercrypto on December 16, 2022, 10:23:08 AM

The only downloadable mobile wallets for bitcoin that I know of are Coinbase, Mycelium, Exodus, Electrum, and Guarda, all of which as far as I know are tried and tested in the cryptocurrency industry.

There are also other, more exotic wallets, like for example BitPie, mentioned by Loyce as one of wallets (or only wallet) which support many fork coins (https://bitcointalksearch.org/topic/loycevs-bitcoin-fork-claiming-guide-and-service-2836875)
So, like it was said before - the problem is not in fact that there are no wallets - sometimes there are too many Wink

The problem is if you know what to do with them (and to know limitations).

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced.

Your question is fundamentally wrong, because you should not ask "what is the best mobile crypto wallet", but "how can I best protect my mobile crypto wallet". Any mobile wallet recommended to you in previous posts will not make any significant difference if you have bad online habits, or store your seed in the wrong way.

It's not all about what you use (with the open/closed source difference of course), but the way you use it. I can recommend Electrum for Android, I've been using it for years and never had a problem, but I treat my smartphone the same way as my desktop computer.

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The only downloadable mobile wallets for bitcoin that I know of are Coinbase, Mycelium, Exodus, Electrum, and Guarda, all of which as far as I know are tried and tested in the cryptocurrency industry.

But try to check or investigate first so that you can be sure that you are doing the right thing by downloading mobile wallets for crypto assets that you want to hold long-term.

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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.

Since I consider mobile phones even less safe as desktop computers (especially as I use mostly Windows), I use mobile wallets only together with a hardware wallet.
This being said, although Green Wallet is open source and Mycelium is not, I do prefer the way Mycelium works and that's what I use on mobile. Again, this together with a hardware wallet.

If you want to risk and go without a hardware wallet, Electrum and Blue Wallet are very solid options.

PS. I have Android. I don't know which of these work on iPhone; if that's the case, look up those wallets' websites and see if they work for iOS. The wallets' websites should have links to the play store, don't just search on the store since there you may find malicious clones too.

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. 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.

In my opinion, if someone has hacked his trust wallet, maybe the apps he downloaded are not the legitimate apps of TRUSTwallet, because hackers are good at imitating apps, they just change it a little bit that you hardly didn't notice if you are a beginner especially don't look closely at its logo. Because if you make a mistake in downloading once you type your seed phrase or password you will be unsafe from hackers for sure.

So the only thing I can say is a safe wallet anyway is that if Bitcoin is what you want to collect and keep then Electrum is okay and if other assets are better than the Klever apps, I recommend it because so far I haven't faced any problem with it until now.

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

why these trust wallets are being hacked??

Without additional information, we can't simply know why these trust wallet hacked. Although few common reason are,
1. User install malicious app/malware which given lots of permission.
2. The recovery seed phrase is stored on unsecure location (e.g. plain text on external storage or note taking application).

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.

Following theymos past suggestion, you might want to use Electrum, BlueWallet or Unstoppable wallet.

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

I will recommend Electrum, for bitcoin. Or Bluewallet.

Yes, these are 2 the best options in my opinion too. Electrum unfortunately is for android only and it's UI is far from nowadays standards, but it comes from trusted developers.
Bluewallet is fine for everyday use, for normal wallets or lightning.
In general if wallets allows you to specify to which server you want to connect and especially if it allows you to connect to your own Electrum server, that's a big argument for using it.

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Quote from: BitMaxz on December 15, 2022, 05:46:38 PM

What exactly are coins or tokens you are planning to hold in your wallet?

Unless I missed it, I'm surprised I had to scroll so far for this question to be asked.

@OP, for both security and amount of coins that are available in one wallet, hardware is probably ultimately the best option (Trezor or Ledger should both work fine with android).

If you don't want to go down the route of using hardware, most of the suggestions above are good - each have their flaws though (especially in the scope of currencies they offer) which might be a drawback for you.

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

why these trust wallets are being hacked??

They're used A LOT, especially by newbies so they're lucrative for an attacker to hack.
They're also closed source which means the wallet is developed by one central team and only they have access to the code. Wallets like electrum and bitcoin core do well because anyone can see their code, and, if they find a bug can report it and most can even trace where the error might be in the code allowing a developer of the project just to change it as it's reported.

Most malicious problems found in any software are generally patched within a week or so (for closed source projects) or a few minutes-hours (for open source projects) so a lot of attackers try to sell vulnerabilities and execute them close together to try to increase the number of devices they can target before it's patched.

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Quote from: Lida93 on December 15, 2022, 02:42:04 PM

Coinbase wallet is no bad idea as it's best recommended for beginners. But based on personal experience with the kind of wallet I am using I'll say you go for electrum wallet, I can't remember having security issues with it for so long I have been using it, only that it is for advance bitcoin users, the way I view it.

Coinbase wallet is a close source wallet.

I was not an advanced user when I have been using Electrum, I was a newbie and it is straight forward to understand if you have known and understood what seed phrase his and to protect it. Do not believe everything that you see online.

Quote from: ?? on ??

I can recomend Guarda it really works well. It have mobile version and also web version.

I have not used Guarda wallet before, but know that if a wallet is a web wallet and you can connect to it using a web browser, that means it is only just having a mobile app, it is not a mobile wallet, but a web wallet.

On mobile wallet, you would be able to generate keys and addresses offline without connecting to the internet, unlike on web wallet.

Quote from: BitMaxz on December 15, 2022, 05:46:38 PM

For me, if all your assets are tokens check metamask, or if its coin then use their specific wallet like in bitcoin use bitcoin core to make sure you are safe, or if you have multiple tokens and coins then buy a hardware wallet you can connect it to your phone via OTG.

For privacy, bitcoin core is recommended, but still an online wallet.

If having high amount of bitcoin, best to run your own node with your keys generated offline if you want to run your own node. Or to just go for cold storage option if you want to use SPV wallet. Or to just go for a reputed hardware wallet which people are also using as a SPV wallet.

Not everyone can run their own node as it requires high storage space of almost 400 gigabyte.

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What exactly are coins or tokens you are planning to hold in your wallet?

For me, if all your assets are tokens check metamask, or if its coin then use their specific wallet like in bitcoin use bitcoin core to make sure you are safe, or if you have multiple tokens and coins then buy a hardware wallet you can connect it to your phone via OTG.

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Android wallets serve thesame purpose, holding coins, but have different features.

If you often have to deal with transactions from or to a different chain or network go for metamask, but don't store huge funds on the wallets like other hot wallets its a web based wallet and can be accessed by hackers.

Then, if you want a compatible wallet for stable coins, sending coins to the ethereum network you can go for myetherwallet.

For multiple coins in one wallet I'd advise you to stick with trust wallet.

So, just look for the wallet that serves or offers those features you are looking forward to utilizing while transacting your assets.

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

hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. 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.

Coinbase wallet is no bad idea as it's best recommended for beginners. But based on personal experience with the kind of wallet I am using I'll say you go for electrum wallet, I can't remember having security issues with it for so long I have been using it, only that it is for advance bitcoin users, the way I view it.

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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

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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.

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hello all, i am currently using trust wallet as my main wallet. my previous wallet has been hacked by someone and that too was a trust wallet. today a friend of mine had to face to the same problem i faced. his wallet also was a trust wallet. 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.

Topic: what is the best crypto wallet for mobile? (Read 716 times)