Bitcoin Forum

Anyone who use mobile wallets?
I think it is very dangerous.

Always will be dangerous.
Anything can happen to the storage, the mobile phone itself, the mobile network, compromise of the private key or the numeric phrase

Now it is really dangerous to work with mobile wallets. You have to keep yourself safe. This will be decided in the future. When no one will use it, and most of them. We must wait. We are at the very beginning of new technologies.

OK I think I get where you are coming from. But for the people who can't afford trezzor or ledger wallets, mobile wallet can still work for them if the Mobile wallet uses private key. It's advisable you use a wallet that you can control your private key. And make sure you write your private key down with pen and paper to be safe.

I used mobile wallets. And I dont agree with you. I think Its more dangerous on pc compared to phone. Since pc are most prone to viruses compared to phones. And theres this 2fa verication already by google on your phone which is so hard to hacked by hackers so better activate it.

I mostly use mobile wallets and as far as I know, it's safe. Depending on how safe you you play along, will determine your safety. Every wallet can be at risk if the owner places it on a risk

Actually one of my first crypto wallets was a mobile one, because I didn't know how to use a proper wallet that was a light client (SPV). I started out using stupid web wallets, then when I learnt I needed my own wallet, I tried mobile. But you're right, I believe it's not as secure, mainly because I don't trust my phone apps, is one thing, but also I'm just always afraid to lose my phone.

So now I stick to desktop SPV clients.

I don't think that mobile wallets are not safe it totally depends on your phone security if your smartphone is safe then your wallet is also safe. viruses more attack on pc than smartphone, I disagree with your arguments.

I have never used mobile wallets till the moment when MEW team have released their mobile app. It is very user friendly and is almost identical to the browser wallet. So, you can make your transactions from everywhere and this is a great point. But I have no idea how secured this solution is.

dangerous ? what u mean ? There is so many choices for mobile wallets, I often use them and be safe
For BTC i'm use Blockchain and for ETH or ERC-20 token i'm using ImToken

I use mobile wallet [ IMTOKEN ] and I also don't understand why you say it is dangerous? can you explain to me?

I had been using mobile wallet since last year. Still couldn't transfer to ledger wallet and trezzor wallet. Hardware wallet is the best to secure your favorite coin, all can't afford this value. If your private key is in secure place, I don't believe that mobile wallet is very dangerous.

I use a lot mycelium on android phone and also it can be used in combination with ledger nano s or trezor and i never had any problem and never lost any coins and for me is very good because is portable and when i need i can pay when i travel.

I'm still using mobile wallets but with not so high amounts. I have altcoins on held with my mobile wallet and didn't even used it for awhile but I have no problem with it. The case on mobile wallets is choose the most reputable and store only coins there that you afford to lose. It's best for everyone to have his/her hardware wallet which has a better security than mobile wallets.

You should start saving and avail nano s or trezor for your own safety.

For now, it is. The risk is high since we're at the early stage of this technology. Anything can happen not just the mobile wallet, but as well as other things (even your cold wallet in the safest bank you know). Luckily, people are constantly looking for ways on how to improve things. Like other users commented above -- just wait for it.  ;)

I have been using iconomi for two years and I haven't met a problem so far.

If you felt a horrible thing when you use mobile wallet you should explain here. What mobile wallet did you use?

Why did you enter it to dangerous thing? maybe it will be better compared you just wrote a negative statement without an explain.

I don't agree with your post ,the most dangerous way of saving coins is using windows PC wallets not mobile wallets ,mobile wallets are safer than PC wallets ,all you have to do is use mobile wallets with private keys and keep them safe and secured

In the same way you store private keys or mnemonic words for computer wallets, you can also store the private key of mobile wallets. There's no much risk other than being attacked by a hacker.

I use mobile wallets for daily trade, if you can make sure your phone is not compromised, then why not use it?
If you think again, everything is dangerous because most of device that you use for wallet can get infected by malware. Just make sure you can take care your device and don't download/install any suspicious program.

I use mobile wallet, I haven't seen the danger in it. The privacy of any kind of wallet u choose to use depends entirely on you.

Mobile wallets doesn't run on full node but are essentially the same and similar in matter of security.
Coinbase offers a good multi web wallet while coinomi is the wallet of choice if you want the private keys in your hands.

No fucking way. Until I need cryptocurrencies to use for buying stuff in the mall and such, I would stay away from mobile wallets. It's like keeping your fortune in your pocket. You can lose your phone or get robbed at knifepoint, etc. What's more Android or iOS through their apps seems easy to hack compared to a clean Linux desktop OS.

I don't think there is a security issue in mobile wallets, but it is important that the operating system of mobile devices. For now, IOS looks safe but I can't say the same thing for Android.

I have been using a mobile wallet for more than a year but until now it is still very safe, why are you saying danger? So far I have not found any users who posted lost tokens from IMTOKEN so it is safe because I am also a user myself.

Well, everything is dangerous and very risky here in cryptosphere, little to no knowledge is dangerous as well so better elaborate more on why the use of mobile wallet is dangerous because i am using mobile wallet too and i see no danger at it at the moment or maybe i could be wrong.

Same with me, as long we keep our seed safe, i think its safe. Any wallet can be dangerous if we share our private key or our seed, but if we keep it safe, its more easier for us to access our coin or token using mobile wallet.

Yes, it's dangerous when you are careless on your wallets. I am using mobile wallets and I have no problems with my trades and holding my coins because I carefully safeguard my accounts.

Yes, I use a few even. And I am very pleased with their functionality; in some of them, the exchange of tokens is even integrated in a purse.

Mobile wallet is actually dangerous but you can play safe buy writing down your pass phrase and keep it very safe. I think with that someone can be free of the danger in using mobile wallet. My perspective though.

It depends on what wallet you are using because I think not all cellphone wallets are dangerous for everyone and return to the way they secure them from all kinds of risks like hackers, indeed all have a very high risk there are some wallets that I think are very safe to use, it's good to use a hardware wallet because I think it's very safe from others by the way we look after it.

I've been using mobile wallets and to be honest I never have encountered serious issues like being compromised. The only issueI experienced is the delay in transferring funds from one app to another which is not really a big deal to me as long as all those transactions are safe. I prefer to get rid of exchanges rather than mobile wallets because majority of complaints come from exchnages not mobile wallets.

I used only on the web version of the project GEXAN, they even look very nice, and the company has a normal bounty, it’s quite realistic to make money. You can check it out http://gexan.io/

Me in particular..
Once I will be fooled by a cellphone wallet https://m.biki.com/tradingCenter/transaction because a month has not been able to be opened again and fortunately my assets have been partially withdrawn in my personal wallet.

now almost every standing project, has its own version for installation on aple and android, and their functionality is practically no different from the full version

I think it is dangerous to store a large amount of coins, and for a small amount it is quite suitable. My friend uses several mobile wallets and he has no problem with that.

Everything is dangerous nowadays as hackers really working overtime to find another victims, we need to double check every security procedures that we can use if we are using mobile wallets, but it's highly advise not to place huge amount of assets due to a potentially being attack by hackers.

Yes, I use mobile wallets most times because it is always very easy to use and access. I only use tezors to store coins that I plan to hold for long-term but I use mobile wallets for those that I can sell at anytime and most time I use Trust Wallet and Coinomi.

I use mobile wallets and they are extremely cool. What do you mean by mobile wallets are dangerous? Sounds weird to me. I use blockchain wallet, atomic wallet,  Trust wallet, ICONEX, IMTOKEN, WAVES wallet and a host of others. Most have private key, mnemonic phrase so very safe. You can try it out and join the crew. I prefer mobile wallets since they are easily accessible at anytime. 

Everything is dangerous and risky here in crypto. That's why we haven't run out of tips on newbies on how to secure their accounts. Yes, I'm using my phone as a mobile wallets but I'm very careful as well not to exposed it in public and of course I have 2FA enabled just in case.

the only thing that make it dangerous because when you install thats app need requirement such as gps , phone call , phone storage and many important things about your phone

First of all. Your phone is protected. And if fraudsters bypass the protection, not the fact that something will remain on the phone. Secondly, there is also protection on the wallet. People have long been trading in coins from mobile phones and tablets. Because it does not always have access to a computer. Soon the cryptocurrency will be in all phones do not worry.

The smart phone as a hardware has been proven to have some vulnerabilities and to have been repeatedly exploited by government agencies

to spy on people; so conducting crypto transactions via phone you should factor in that your anonymity can be compromised at the least...

The use of mobile wallets is indeed quite unsafe, but I advise you to keep only a small amount on mobile wallets. Most of your savings should be stored on a hardware wallet or on a computer with stored private keys in a safe place. Do not forget to use antivirus programs, preferably several at the same time.

Though it is unsafe and dangerous but you can still make it safe by using good wallet and always safe your private key not on the phone but offline or on another device that's is secure...  I've been using mobile wallet wince I started crypto and I haven't had a problem with it

I think if you are using an IOS mobile rather than an android device then definitely you will get more security from it. Also many mobiles are launching out to serve as blockchain tasks similar to ledger.

I use a mobile wallet and it's the best option to me. Your wallet will be at risk if you are careless with your wallet. Even the desktop wallet is more at risk and also the Web wallet.

I have been using mobile wallet for quite some time now and that has been my first wallet ever since I came into the crypto space.
Although I have heard and read a lot about happenings with some mobile wallets, yet mine has never been compromised.

Mobile wallets are safe depending on the individual
All you need is create a myetherwallet paper wallet

Download the imtoken or trust app, log in details and enjoy

Any wallet will be in danger if you yourself do not take care of his safety! The structure of the system for mobile clients is simplified, therefore, the security is lower. It is advisable to keep only the amount you need at that time on such wallets, and to keep fixed assets offline.

Can you describe dangerous ?

I have been using mobile wallets for more than 2 years and never have I ever faced any trouble using them. According to me a wallet on a PC is more prone to malware as compared to a smartphone.
Besides that, mobile wallets enables us to use multi-layer 2FA which increases the overall security of the wallet. Also, the key point here is that never store the private keys on your smartphone without any encryption/security. If a phone is lost then the person can easily get the private keys stored on your smartphone.

I use the wallet of all crypto on my mobile phone and its not dangerous, so far still safe its suitable for me and it has been very long for me to use it. Upkeep of mobile wallets grows over time and is always updated by dev.

It's more safe than logging in our wallet account with private key.
because it's just like an offline wallet, and MEW also reccomend us to use mobile wallet than a website wallet

I prefer to use MEW instead of a cellphone wallet, to check my tokens only on the cellphone wallet while for fixed transactions use MEW.

I don't think It's so dangerous as You're saying.I use mobile wallet for couple of year's and never faced any problems.Today's phones are More secured and Apps are much stronger on security section.So, i think using bitcoin wallet is safe.We can use coinbase wallet or blockchain and easily made transaction using our Smartphone.                

I agree they are not very safe. There are few safe ones  from reputable sources though . .

Did you get hacked on a popular mobile wallet? Are you sure you didn't download a clone from an app store ?

ICONOMI is an asset management platform, its not a wallet AFAIK. IT does have a BTC wallet and so are the rest of the tokens they added on their platform. Wallets they might mean are those like electrum in mobile phones, I'm not relaly sure if they are safe but if you have the private keys I think its safe. There are wallets like EIDOO which is a hybrid wallet with an exchange with it too, you do have the private keys too.

I use mobile wallets because they are convenient and maybe I am not a whale yet to move my bag to ledger Nano or offline wallet. But for security purposes, all my passwords and mnemonics are stored in my diary

I have been using m9bil3 wallet for a while now and its been serving me very well. I dont see why you the OP will say its very dangerous? Any wallet can be hacked, both mobile and online wallet. The most important thing to do is keeps ydour keys safe.

There are always risk in everything.
Most likely i used online wallets or hardware wallets, it is our responsibility to take care of our wallets.

I do not use mobile wallets. I'm afraid that using a mobile phone will be much easier to steal my money. Because of the fear of hackers, I use wallets on a computer that is disconnected from the Internet and only transfer signed transactions to the network.

What's the difference between desktop wallets and mobile wallets? The real difference come when we talk about the type of wallets. Just similar to Desktop wallets, all type of wallets are present for mobile too.
If you want to use web wallets on mobile: FreeWallet and Coinbase App are best.
If you want to import private key or use vanity address: Electrum mobile app is best.
If you want to create new seed and run HD wallet: Mycelium comes handy.

I don't think platform matters, type of wallet is more important while judging the risk factor.

It's never safe to use these wallets. Even if you want to use this wallet, don't be storing huge amount of coins in those wallets. There are high risks of losing your wallet and all your coins. As far as I know, most wallets are made by third party company. Such wallets are always vulnerable. Just use the wallets made by the developers for that specific coin.
So far I haven't used any kind of mobile wallets and I don't even plan to.

The only reason i use mobile wallets is it is much easier to set up and use quickly, unlike hardware wallets which require a lot of work, for someone who has a small amount of crypto, like less than 10k i really don't see a reason to not use them, but if you have more than you should defiantly invest in a hardware offline wallet in order to keep your funds safe, and to be honest i didn't hear or have had any issue with mobile wallets  like getting hacked or funds stolen,e and to the people who had probably it was their fault for like clicking a phishing link or having longing virus on it.

It might appear to be dangerous, depending on the type of mobile wallet you are using.
Therefore, you should confirm the authenticity of it first if you cannot afford to buy a hardware wallet, because of it's cost.

I use mobile wallets, but I use small balances to move my bitcoins or cryptocurrencies for online payments or send them to an exchange .... and to save them in the long term I use a ledger or trezor

I use mobile wallets to store a small amount of cryptocurrency. It seems to me that mobile wallets are not very secure. Therefore, I do not use mobile wallets to store a large amount of cryptocurrency.

I agree - with the amount of malware currently out there for android, you'd be better off only using very trusted wallets or wallets on the computer.

There should be no doubt about the security of mobile wallets because the wallet is super protected as well as if your smart is also protected and pass coded then there is no need to worry about. You are super protected from harmful threats as long as you are using it for a specific purpose only. Mobile wallets use encrypted payment codes and not your actual account number when you are making payments.

I use mobile wallet and for me it's always same have risk if you use pc wallet.
It always depends to us how to protecting our wallet from hacking, make sure we're already save our private key or Json file safely and use third party app for pc wallet just like MetaMask etc.

Well, that's what you think. I have used a lot of mobile wallets, tested them and I still make use of mobile wallets till today (mind you, I also have other wallets like Trezor and a desktop wallet, so don't think I'm only making use of mobile wallets. I have used a lot of mobile wallets and that includes Bitcoin.com wallet, Xapo wallet, Coinbase wallet, Coinomi wallet, Block chain wallet, Jaxx Liberty wallet and the list goes on.

When I started making use of bitcoin for the first time I started with a mobile wallet and that Coinbase and Bitcoin.com wallet, the both of them. As of recent I have been using Luno Wallet, it is popular in my area… I Use it alongside Block chain wallet and Coinbase. There are some mobile wallets that are safe, and these three I'm using now are safe and they have two factor authentication. Coinbase seems a lot more secured from what I have seen.

If you are using it as a cold storage then there wont be a problem.

Androids are not prone to viruses. It is your memory card that is getting all those viruses from different download sites. If you can prevent that then you wont have any problem.
Besides, you could just uninstall the application if you already have the seed, private key and your wallet address. That is all you need.

I don't use mobile crypto wallet because as you say, it's very dangerous. Mobile phone is less secure than PC or laptop, many fishing apps on mobile can fake a screen of crypto wallet on mobile to steal your wallet information when you type in. Also, mobile apps require too much rights of our phone, why a game or something else need right to access message, phone list, etc.

New mobile wallets are not dangerous at all.

Try BlocPal, I love it.

https://www.blocpal.com (https://www.blocpal.com)

i use atomic wallet and fii wallet these two are really good and safe.but remeber dont visit any phishing website from your mobile it will harm your asset or can be hacked too.

Yes, don't store large amount of crypto assets on mobile wallets, it's really not safe at all, not because of wallet issue, I think main reason is mobile phone security issue, not too much people will installed antivirus software on mobile phone, it's too easy to infected virus.

It depends on the mobile wallet you are actually making use of, some mobile wallet are very much decentralized and that way it would be very difficult for hackers to gain access to your wallet to steal coins, one of the mobile wallet I make use of I am keeping large amount of coins and never regretted doing so is coinomi, coinomi is a decentralized wallet that gives you access to your private key and store all the datas directly on the blockchain with a cache in your mobile phone making it difficult for any hacker to penetrate into the wallet.

I think all kinds of mobile wallet can become unsafe but the user should take measure to protect it from possible hackers. Some newly created mobile wallet contains better features to secure its coins or tokens from hackers. Hackers usually use phising sites and other malicious links to enter your wallet so its betterto be aware or wary of any links that provided to you by your friends in any online media.

the positive and negative all possible anything so using the mobile wallets will not only that dangerous thing for our investment if hackers uses their knowledge then anything is calling possible.

Yes i'm using mobile wallet that is ENJIN, this is best wallet for ERC20 tokens so risk is very where if you have pc wallet than also not secure but mobile i think is more secure than pc.

There will no safe in online , Im using mobile wallets almost few years and Im still lucky because my wallet not hack even before and until now and I don't that happen to my wallet. Mobile wallet is more prone to hacker if we are comparing the other kinds of wallet maybe it is easy to get information compared to others who really needed more ways to hack.

I am not sure,  mobile network is safe.

i think PC wallet and mobile wallet is same my friend, especially for a people with a lot of online activity in their PC or mobile
a virus or phissing link will always lurking us my friend
and because of that maybe the most safest wallet for cryptocurrency is paper wallet and hardware wallet

Personally, I am an old man using a wallet on a mobile. In the extreme measure, I can quickly replenish my credit card if I need it. It is more convenient than running every time a computer.

I use especially offline wallets for security reasons. Regarding the phone wallet the problem is phone could be stolen and what then?

i never use a mobile wallet my friend. so, i don't know a lot about this kind of wallet
because from the beginning i knew about cryptocurrencies, i used an online wallet before i bought my ledger nano s to store my coins  ;)

I use a mobile wallet, but it is only for altcoin because for bitcoin I still believe in a desktop wallet and it seems that because the desktop wallet supports so much so sending bitcoin transactions is very cheap, for the mobile wallet I used trustwallet and also coinomi

as you know recently hack in binance its now so much dangerous to kept your fund on these exchange better you should kept Your Fund in hardware wallet they are still safe as compare to exchange and mobile wallet or any other wallet.

You need to buttress your argument and give it more genuine key points. Or are you asking whether mobile wallets are dangerous? A lot of mobile wallets are out there, just have to identify the best and secure ones.

I don't use mobile wallets whether it is for Bitcoin or altcoins. Though, I'm not saying its not good, I'm just not comfortable to do it, because I am much comfortable to use Electrum using  laptop or desktop, and for the altcoins was MEW(myetherwallet) due to these two for me was already proven and tested to me.

Mobile wallets has different security layers like sms verification, e-mail verification, 2FA, fingerprint verification and also face recognition . If you are using strong login password and transaction password I think you will be more than safe.

what is the reason a mobile wallet is very dangerous? I think. the more dangerous is decentralized wallet exchange.  uncontrolled like etherdelta.  even good exchange like Binance can also be hacked.  I think we are in control of a mobile wallet.

For Android(above 5.0) it is recommended to use the Electrum for storing the BTC. It is not secure to hold the cryptocurrencies in the desktop, mobile wallets. For shopping, a person can transfer the necessary amount of BTC to mobile wallet and he can use it for making a payment.

I think many people still use the mobile wallet. Through the mobile wallet indeed we get the convenience of getting information from our wallet at any time. Every time something happens in our wallet, the information is immediately sent on a mobile basis. There is a notification on our smartphone about that information. But it's true that this mobile wallet is dangerous. Mobile wallet is very risky for hacking. If we do not directly respond to the information provided by the mobile wallet, it is very possible that the information was stolen by someone else to hack this entire mobile wallet.

Yes I am. Why you think its more dangerous to use? I think web wallet is more dangerous since it is connected to a source or server which anytime can be breach while mobile wallet has centralized server directly connected on the app? Which do you think has more chance to get breached? See the chances here are big for web wallet. See Binance incident? A sole proof of that. Mobile wallet for me is much safer as it is not connected to more servers.

I do and i only use mobile wallets, i find them handy, also some wallets provide hardware wallet support so you can have easy and secure access to your coins.

Not only mobile wallet but all online wallet also dangerous,even market with good safety still get hacked so if you want keep your asset for long time its better in offline wallet.

I am more looking for security in my assets by storing in a trusted wallet and I use Nano-s at this time there are no obstacles in its use. so in my opinion this is very suitable for me to save it. several times I saved my assets wrongly having a problem

mobile wallet and online wallet are considered as one if you are using a mobile phone and yes all online wallets have risk  , thats why its always recomended to store our funds in a hardware wallet   .


safety ? who says that a market ( crypto market ) is safety ? all kinds of market ( not only on crypto ) are actually have risk as long as its involved money  but crypto market is more risky of them all due to unstablenes of cryptos  . your right that its always a nice idea to secure our funds in a cold storage or offline wallet if we are going for long term  .

It's dangerous if you don't have a backup of your wallet, I am an Iphone user and I feel safe so far because the iPhone operating system itself is close source, it is quite difficult to enter malware.

I don't know if for users of Android and Windows Phone because cases that often occur are indications of malware on smartphones. I am an IT student and I understand how malware gets into smartphones, so backup your wallet and store it in cold storage, use it as needed if you save it on Android.

I use some wallets on the smartphone, but more for the test. I try to keep fixed assets in paper wallets, as for me this is the most reliable storage. And about the theft of funds from a smartphone, there is not yet any viruses yet that can install themselves without user involvement, care is needed.

Yes mobile wallet is dangerous but I think your security is depend on your actions. Let your private keys and password secure and private don't let other people will know it even if they are not knowledgable about crypto it is dangerous. But from the start I am already using mobile wallet but my stategy is I don't store my token here. When I get my bounty salary I will transfer it to my personal bank account right away for assurance.

That is absolutely right. Having a mobile wallet is so dangerous. If youre meticulous about the security i think you should use hardware or paper wallet thats the most secure way in storing your bitcoins. I said that because I think all online wallets are prone to hacking. Phishing links are all over the internet. Your security really depends on yourself. It will be more secure if you use extra features like two way authentication like Google authenticator.

I use it regularly since mobile wallets are relatively convenient. Some apps could enable you to pay for your bills or other stuffs besides being used as a wallet. It does however have many limitations like being unable to use it if there's no internet or if the establishment don't transact with mobile payments.

I use a mobile wallet, but I keep a very small amount of funds there. In order to carry out fast transactions, it is very convenient.

Currently im using electrum as of now, but im planning to use one in the future if the wallet is secure and offering lightning network and also segwit, i feel like mobile wallet is much more secure compare to desktop one, especially if your using iOS because iOS is restricted.

Its easy to use when sweeping from a paper wallet and send it out and uninstall the app. Wont use it longer then need.

A hardware wallet would be the best option ; )

Being conscious with securities of your assets is really in need when you use mobile wallets, in fact not only securities from hackers but also from being stolen physically, if you store assets inside your mobile device and the gadget got stole or you lose it then everything will be out of your hands.

Myself too using electrum and btc wallet. This gives the ease of accessing in an mobile. All the private keys backings were kept safe on a separate file as the mobile could get damaged anytime. Whether it is mobile wallet or desktop wallet we need to keep the backing so to use it at the time of need.

better i use web wallet, if you lost your phone you will lost your coins, best wallet for your coins is hardware wallet, that is offline wallet. you know what happen in binance, the hacker moving bitcoin from binance market to offline wallet

Nothing is fool proof. Even Metamask gets hijacked, MyEtherWallet does get copied for information to be phished. Even Binance a known secured cryptocurrency exchange is hacked recently. What makes you think nothing in this industry is dangerous?

Your exposure to risk depend on the type of mobile wallet you are using.
I use quite a good number of them and I have not had any issue, but I do not know about the newly lunched mobile wallets by other platforms.
Some of them may be designed, primarily to steal the funds of users. Which is why you need to be careful.

Yeah the use of mobile wallets are somehow dangerous and one is the fact that anyone can have access to your phone at anytime. That's one great risk. But the best way to protect yourself is to use strong security protocols- Passwords, fingerprint, 2FA, etc

It dependes on your purposes. If you are making payments in person and not online then a mobile wallet is a must. If you will need to make frequent payments then it will be best to keep your funds in wallet that is easy to use and accessible. Mobile wallets and desktop wallets are good options.

Use a mobile wallet as your checking account, and a hardware or secure offline wallet as your savings account. Mix and match to find a combination that provides both security and accessibility

Any wallets other than your wallet, are have potential to be dangerous.
The safest wallet is your own wallet, such desktop wallet which you need to download the blockchain database first.
If you are using mobile wallet, the private key is not on your possession.

The best caution index you can have with a mobile wallet is that you put a balance not so high, in my case I use a wallet where I do not place more than 0.01Bitcoin, since it is more susceptible to possible hacking or have little security .

One measure is that it should be used with private key SHA-256, because I think it gives much more confidence to it, and in fact if you use a mobile wallet that your balance is for quick use, that is, if you are going to use the wallet mobile that is to actually use it and not have it to hold, because all transactions are tracked and can locate your transactions there, in an address that does not change in a while and that every time receives deposits and not withdrawals.

Always use different wallets and not hard with a lot of balance but little, when you are going to withdraw making a purchase or even to take out at ATM.

I am very confused when people say that using mobile wallets is very dangerous, as if others are much more effective. Immediately recall the recent attacks on the electrum. And for those who believe only in hardware wallets there is good news that some developers of mobile wallets are also developing their own hardware   wallets.

No is not It might depend on the ones you use i think so the best idea is to get ones that dont keep your private keys and seed with them Then copy those info and store it safe, With that you might be able to retrieve your wallet when ever there is a need for it

I use a lots of mobile wallet and they are kind of good these days they are handy they are easy to pick you will get support at anytime. So yeah I always go for mobile wallets. But only 5-10% of my total portfolio store in mobile wallets. For dapps and blockchain games mobile wallets are very helpful. I normally use those wallets which are picked or created by the official team. Yeah it's kind of risky cause these days whatever you use this phones are very much risky when you go for the big amount of money.

I use mobile wallets since am more close and attached to mobile phone. For sometime now, I have never been comfortable with mobile wallets than PC. I kbow everything comes with its pros and cons. It's all depends on how careful you are about your private keys and other security details and nothing else.

As long as you store your mnemonics and Passphrases in a personal not in cases of theft, Mobile wallets are usually most convenient. It is online secured and its easy to use. You can try out imtoken, eidoo and trust wallet. They are the best I have used

Using mobile wallets of course and it is nothing more dangerous as any other wallet. If you are cautious enough to keep your private key on safe and using strong passwords and 2FA and/or other protection you will be SAFU

If you think mobile wallet is very dangerous, then just use it with small amount of coins.
Using mobile wallet is not recommended to storing your coins there, you don't have full control of it.
The best option for me is, using 2 wallet. 1 wallet as main wallet, 1 wallet as mobile wallet which i use to transfer coins often.

It depends, I recommend you to use mobile wallets only if you really need it. If you can use PC everyday, then use pc version of the wallet.

MyEtherWallet is available in mobile, copay is also available for BTC, some of the altcoins have develooed their own android wallet. I don't think it's dangerous. You should use it carefully.

I'm not use mobile wallets but it's not that dangerous to use mobile wallets. I mean, yes somewhat mobile wallet is kinda make you afraid because you never know if someday you will lose your phone and the wallet will be stuck on it. I recommend to use hardware wallet though than mobile wallet.

I am using a mobile wallet now , an app to be exact and i think its safe like the ones on website. Compared to convinience, i am more fund with this mobile exchange. The riskiness with the website knowing the probability of them getting hacked is also the same. If you are a cautious person, no need to be worried.

U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.

Why said dangerous? I don't keep my private keys on my mobile internal storage ,as far as you secured your private keys you are good ,even if your phone got stolen or ruined you will still have access to your coins

I also think it should wait for for hardware wallet integration for mobile phones wallet, i already use mycelium for bitcoin with ledger nano s, this is supported only if phone support OTG, but anyway will be so hard for all phones to be updated every month if devs of OS will not do update for that phone and maybe this can affect wallets over time but maybe will not happen.

And most of the time, conpromised wallets are usually the result of the user's own carelessness. I have 2 mobile wallets and a hard wallet that acts as my savings stash for almost 6 years now and i'm well confident about the security of my assets there. It's your money so its your responsibility to make the proper precautions.

I use but very limitedly and only when there is no choice. I don’t really like mobile wallets, for some reason I’m worried about security, although I understand that the risks are almost the same. I also often lose and break phones and there is a risk of losing everything. In general, I prefer the PC.

It's actually very dangerous as you have said. Howbeit, the majority of cryptocurrencies holders have their assets kept on many online wallet. Why because though,  many have been advised to switch to hardware wallet, but many who cant afford it now like myself just need to keep using these until we can afford hardware wallets.

The wallets we use on the PC are also in danger, as long as we do not protect them well.
I am using mobile wallet, but with small amount and necessary one.

As long as we are using it with necessary cautious, we are safe. In desktop too, if you don't care, you will end up losing your wallet's fund, same applies for mobile wallet too. So, it depends on us actually.

I use mobile wallet .. I think it's convenient all you have to do is save wallet details on cloud storage ... problem solved

I think security on mobile wallet is safe *for the recommended mobile wallet obviously, but we also need to see the external factor like what if someday you lost your phone and you broke your phone and you forgot to back up and remember the private key. You can lost the balance forever.

I also use mobile wallets, and I think it's not too dangerous because as long as we can make sure the security of the wallet, we don't have to worry about anything. But it's better not to use that mobile wallet for anything, and we only use it for saving the cryptocurrency inside the wallet so we can prevent from any attacket that might comes. Don't forget to update the wallet if there is any update from the developer because that will help you to secure the wallet.

How dangerous it is? I don't know much about using a wallet in mobile but I know that there are some wallets in mobile where you keep your own private key or seeds with you so I think it's safe,

I think PC wallet is still the best for now for security and safety, it is safer than mobile wallet that people could easily have access to, but the only disadvantage is that one may not have access to PC wallet until we are close to the PC, but with a mobile wallet, one can easily be able to perform a transactions on the go.

Like many of others has also advised, I think the best would just be to probably hold both, either we leave small amount of coin for usage on the mobile wallet, that is utility tokens while we leave the investments coins and token  on the PC wallet, its safer to loose utility tokens than to lose investment tokens.

On a mobile phone, it is better to have exactly as many cryptocurrency as you need for daily use. If you have any capital in the form of digital assets, then it is reasonable and expedient to keep it in a hardware wallet for cold storage of cryptocurrency.

I think there is nothing wrong about mobile wallet and could be used easily but you need to have good antivirus software on your mobile which will protect your mobile from potential threat and maybe hack. Do you know about Abra? It is a mobile Bitcoin wallet that allows you to store and trade different coin. The user’s reviews are great about it.

I think it's especially dangerous for the spread of scammers here in forums as well as social media and telegram groups so other bounty hunters warn them about it because they can hack and access your wallet and steal your funds and altcoins for newbies be careful with the use of browsers or apps on your cellphone because they can be accessed and opened by other people or hackers using cookie settings in one apps or websites so be careful these.

I think it Is not dangerous if you are careful about your 2FA and secret keys. SO many people use mobile wallets for trading and daily things. There are couple of great mobile wallets over the internet and you could use them. They offer options/services to deal in any coin like ETH or Bitcoin etc. The problem with using mobile wallet is that you can easily get your mobile phone exposed to virus or maybe hack which is not good.

You are right there is too much potential threats when using mobile wallets. Though ironically speaking I also use one but the point is about 30% of the wallets seen in the app store are fake wallets. I also encountered one that says myetherwallet and when I searched in the MEW website for links to download the said app there was none (note this was about 2 years ago).

Exactly, the cold storage is super safe for keeping your crypto coins protected from hackers or any other harm. These wallets are not connected with the internet so hackers cannot reach out to your wallet and they have no influence. We should really focus on keeping out assets on exchanges and other hot wallets because hackers can reach out that is why choose the most preferred exchanges and wallets.

it is really dangerous..specially when install some apps but you don't know they can hack your phone or some virus on that app to stole your details..just be careful when installing those apps

All platforms are vulnerable for hacking. Yes, mobile wallet is the most vulnerable platform but we have to consider that our wrong habits will endanger our precious crypto on our wallet. If we are so careless on our private keys and passwords then that will be the time that hackers can easily go with our wallets. So we better keep it safe. If we have to use offline wallet then we use it for accounts that have large amounts.

I dont think using mobile wallet is dangerous. Mobile wallet like trust wallet or imtoken have good reputation. Its depend on user if its about security, as long user can handle their seeds, i think mobile wallet still secure and can use to store our coin and token

I was using some mobile wallets before, but now I don’t do it anymore because it’s very inconvenient for me and there were always a lot of different problems, so I decided at the moment to completely give up mobile wallets.

Mobile wallets were designed so that crypto enthusiasts can have access to their cryptocurrency portfolio wherever they are and yes some wallets are not trustworthy. Only use trusted mobile wallets such as Electroneum, Metamask or Blockchain app. These applications i can endorse to keep your funds safe from any form of hacking but remember the most important thing is to keep your passphrase to these wallets very safe. Because anybody who gets access to this passphrase can steal your funds.

Using trusted wallet apps will make your funds safer even if you are using your phone to store your bitcoins.Plus you must know how to avoid sites or apps that can hijack infos from your mobile.Knowing what to surf or not on the web is one factor to consider to be safe on mobile.Many hackers on the internet uses caches to hack into your device

A mobile wallet is designed for convenience and the ability to receive and send transactions when you are not in your office or home. So, it is assumed that you would just be carrying crypto for spending and not your whole portfolio!

For me, mobile cryptocurrency wallets are very unreliable. The phone is vulnerable to attacks and other force majeure events (theft, loss.) Therefore, I highly recommend that you do not install them.

it depends largely on the use you make with the mobile phone, if there are on it viruses then it becomes risky, if the phone is used only for wallets then i think we can be fairly quiet, my favorite wallet is coinomi...

I think mobile wallet is safer than pc wallet, you should not allow anyone touch your phone.

Mobile wallets make it easy for you to make transactions when you are not if your home or office in places where you have your smart phone only. It is a kind of convenience and furthermore are also secure wallets because the app store and self-security of the application as well as your smart phone if secure from theft will not let the hackers to do something with your assets but they will only in contrast.

I don't know why you thought it was dangerous, but mobile wallets are very convenient and secure. The main thing is to use only official applications and not allow other people to use your smartphone, as well as comply with the basic safety rules, do not connect to Wi-fi in public places.

I use mobile wallets only for small sums and when other forms of wallets are unavailable, so when there is really no other option, unless you want to risk keeping your funds on an exchange. But yes, I suppose they tend to be safer than your regular desktop wallets, especially if your PC security systems are sub-par.

I only use MyEtherWallet to store ETH on mobile. In other cases, I prefer to store the cryptocurrency in the wallet that is installed on the computer. I do not know how things are with the security of mobile wallets, but so far I have heard that they have not been hacked.

I use several mobile wallets. One called Trust Wallet, the second from the developers of MyEtherWallet. Both purses suit me both in terms of functionality and security.

To use your mobile wallet safely, you must have a separate smartphone that will not use any third-party applications.

Yes you are right. Mobile wallets are kind of risky. But the thing is mobile wallets are very popular band easy to use. It's very handy to access. And in future we need this kind of wallet where if I have to pay with crypto we just can with a mobile. So mobile wallets are very useful and important for this ecosystem. But again the whole thing is not that tight security. Mostly those wallets which have the acces with email and phone number those have a chance of data bridge. So always put a bit of money in mobile wallets that's an open suggestion.

But this is risky because we generally uses various software through which your wallet data can anytime be compromised. Howeve, no wallet is 100% secure. Security depends on our usage.

I know there are some mobile wallets but for some reason I still use my wallet online from the beginning to now. I do not really like mobile wallet because it might be the same function and way of access.

I use a mobile wallet or two, but primarily just for scraps -- ex. small amounts of alts. It's simply easier than downloading tons of wallets.

But I also use a dedicated spare phone just for crypto. I don't carry it around with me all day or use public wifi with it. Seems as safe as anything else.

Lack of understanding, many mobile wallet are programmed by large companies in crypto. Like Coinbase, Houbi and Trust Wallet are bought by Binance. I'm a mobile wallet user for over half a year, and nothing has happened to my property

I am afraid of using mobile wallets. We use mobile phones for everything, we have so many informations in our mobile phones - bank apps, saved passwords and imagine what could happen wehn you loose your phone?  ::)

Why can a cellphone wallet be dangerous? because the cellphone category has two operating systems, such as apple and android phones and they are clearly different ways of using it, now I want to ask where is the danger if we use it?

First installed a mobile wallet in 2017, when I got interested in crypto-currency for the first time. But I found using online wallets and desktop wallets easier than the mobile wallets. Because here in India there are very few shops which would accept Bitcoin payments. So there is no advantage in having a few coins in your mobile wallet.

I use some for general altcoin I use coinomi and for erc20 token, I use MEWConnect and for its use it's quite easy but for other tokens I still use Desktop wallet for EOS, Stellar

When you lose you phone and you didn't put necessary security or your password were easy to track. Mobile wallets were good as long as you keep your privacy secured even to your close people.

yes that makes sense. too dangerous if you save assets on your Android device. Hardware wallets might be another option and swallow selection must be careful so that assets are not easily stolen or lost.

I’m using a mobile wallet, its very popular here in our place and I think its safe because it is regulated. In terms of security, you should depend on what kind of wallet you are using, of course mobile wallet is just for liquidity and not a good wallet to store your bitcoin.

Last time I use coinomi to save my doge and nrg token, but now I already delete the app.
I prefer to use exchange wallet or official wallet from developer instead of mobile wallet don't know why. It's more complicated for me and I don't think gonna use again on the future

Once I had installed the electrum mobile wallet (for Android) in my mobile. But hardly ever used the mobile wallet, as I found using the online wallets much more comfortable (and probably safe). After a few months, I transferred all my coins and uninstalled the wallet. I am willing to give it another try, but they should improve the UI.

I'm using a mobile wallet for 2 yrs now but never encountered any problem and it is secure just store your password or passphrase in a secure and safe location

Yes, now most of the people are showing interest in the mobile wallets because everything will be in their control, they can easily set the desired password and pin for it. As long as if you don't share your password and paraphrase you will be in safe hands.

How do you mean? can you explain more? Mobile is better than desktop wallet to me. If have our private key and passphrase and other necessary information you recover your wallet anytime, any day.

Partly right, but there's still possibilities of being hacked so you also needs to be more furious when using a mobile wallets, to add some more securities better to dedicate the mobile device for this purpose and not to allow intruders to hacked your assets, be more active finding ways to keep yourself away from possible threat.

I have never used a cellphone wallet or anything like that. I use the myetherwallet wallet or imtoken more often. Because it's easy to use, it certainly makes me feel safe. And I don't want to try other wallets too, plus if it's low security it's certainly very dangerous for our assets.

I have been using mobile wallets since I first took part in the project bounty ... and nothing bad has happened to the mobile wallet that I have used until now ... although many say that it is dangerous ... but for me every thing we do certainly have their own risks..

yes of course every choice has risks and that depends on how we do it and overcome it.
security also comes from you, if we are negligent, we will definitely be at risk.
keep good and do it calmly and live so that it's possible to avoid risk.

As for me, I am not using mobile wallets for storing crypto, I prefer holding it on cold storages or exchanges. I think one of the best mobile wallets at the moment is Trust Wallet by Binance.

not dangerous as long as you can use it properly, besides that there are many people who use it so far without any problems they get. so as long as you use apps well with the best apps in this regard, then it won't be a problem and it won't be dangerous for the funds you save there

It is dangerous in the morning the user who has no proper thoughts to be sampled by some parties is always there when we fall at the market price, even though the price of the coin has just risen and two hours later comes back down, but for me the wallet that was briefly it's really dangerous

Out of easy wallets would only blockchain. The rest liked it though I bought. For a long time I used the wallet jax, also liked it.

Dangerous or not depending on each person how they handle their device. If they use their devices carelessly and away from caution, then they can lose their assets in the bad ways. It is ourselves who responsible for the assets we have.

I think not really, if you are going to be responsible enough personally, even you store a document file on your mobile phone with private keys on it, it will be safe, android and apple also have their responsibility to keep you and your money safe, so as long as you don't usually download anonymous file from anonymous developers you can assure of your funds.

true, in general the wallet on the cellphone is controlled by someone who owns it, so the security of the assets in the cellphone wallet must be safe even so far I personally use a cellphone wallet without any obstacles at all. the key depends on ourselves as mobile wallet users.

I use a mobile wallet and until now I feel the mobile wallet that I use is very safe, so in my opinion the mobile wallet is not dangerous as long as you can maintain and be careful to store the password or private key from the mobile wallet that you use and the mobile wallet that I use is Eidoo, because in my opinion Eidoo wallet is very easy to use.

Of course, mobile wallets are primarily aimed at their own satisfaction. Eidoo - quite reliable purse. but still more than 5000 dollars, I do not advise to keep on mobile wallets.

I mostly use mobile wallet .I never face anything happen with me before .Everything going fine with me .I think you got phished that's why you are being scared .But it is so easy to use mobile wallet simply good.

It is right that mobile wallets are secure but the cold ones which are not connected to the internet are 100% secure. If you love security then pick up cold wallets and if you want to start trading with your coins then many exchanges will help you in trading with your coins by creating an account on one of them. Do not use cold wallets if you want to make payments because it will not work as it is not connected with internet.

I dont use for security reasons. In addition, I carry out all operations with cryptocurrency on a laptop, so a mobile wallet isnt needed. For me, mobile wallets are a reserve for the future, now such mobility isnt needed due to the low popularity of cryptocurrency

for now where crypto use is still limited, maybe you don't really think about how important and usable the mobile wallet is. because when we can use crypto as a means of payment received by the community, I think it will make the mobile wallet as important as us. where we can make transactions very quickly and easily.

why do you say it's very dangerous? do you have proof or something? because all this time I used a mobile wallet but it was fine and I never lost anything

not really. I'm currently using Coolwallet, a hardware wallet which provides a 2 factor auth. So the only time your funds are at risk is if, they have your phone, and they have the card itself + your fingerprint. Comparing that to other desktop wallets which I find more dangerous. Even one of the upcoming projects partnered with them to make their own hardware wallet in where the users can store their digital collectibles (http://ecomi.com?utm_source=ecomilx) together with other major coins. Though mobile wallets are still okay, Trust and Eidoo are good.

They're still safe. Just make sure that you don't give any private info and fall to scams. Its really up to the user to protect their funds and wallet.

If you neglect your money and network security, you can always lose your money. No matter which wallet you use. Always put strong passwords, do not download suspicious files and do not click on suspicious links.

maybe he uses a mobile wallet application that is not trustworthy. because until now like the blockchain wallet, myetherwallet, and other mobile wallets are also widely used and not so cause problems for users. I even think that everything becomes more instant with the mobile wallet.

I've been using hardware Ledger Nano S wallet for 2 years. Used to think it's the most convenient and secure wallet in the cryptocurrency market now (24-word seed phrase for a back-up, for instance, and keeping a private key in the encrypted part of the wallet) since they obtained a Certification de Sécurité de Premier Niveau (First Level Security Certificate) (https://www.ssi.gouv.fr/entreprise/certification_cspn/ledger-nano-s-version-1-5-1-2c970001/), until I decided to update the version of the firmware from 1.3.1 to 1.8.0 in order to use more than 5 currencies simultaneously (I'm an active trader). The updation process is stuck. I can't use my wallet anymore. It turned out to be a common issue (https://www.reddit.com/r/ledgerwallet/comments/82f9gu/stuck_on_update/). The Ledger team could at least leave a warning note about this challenge in the account of a desktop version in order to avoid this difficulty in the future. As far as I understand, it's not workable anymore, as those ways undertaken to tackle the issue (based on their advice (https://support.ledger.com/hc/en-us/articles/360005885733-Update-device-firmware) and users' help (https://www.reddit.com/r/ledgerwallet/comments/agodq5/stuck_in_bootloader_155_update/)) completely failed.

Now, I have to use a Coinomi wallet, since they support BIP32 layout for 24-word seed phrase for the recovery. It's inconvenient and doesn't have a user-friendly interface for customers though.  

I would like to continue using my Ledger wallet, but I'm not ready to give them another $100-150. It's a disaster.  


Totally devastated.  :(

except for the hardware and the paper wallet, all the others are risky, i use the ones on my cell phone only for small transactions, my favorite is coinomi but i'm also trying atomic wallet...

I am using the mobile version of MEW and it is really great. Very user friendly interface and you can make transactions whenever you want, without any PC needed. Everything can be hacked, just be more careful with fishing links and so on.

It depends on how you use it. I don't prefer a mobile wallet, but still, I use them. Turn off any network connection before creating a new wallet, and after generating seeds, save your public address and delete all data. Now turn on your network and use any watch only wallet to monitor your funds. That's how you can stay safe.

Can you give me some technical analysis why you say it's dangerous to use a mobile wallet that has PIN before one can sign in or that requires a password before one can send out tokens or before one can even see the private keys and other keys. I have been using mobile wallets and am still using them.