Can Your Bitcoin Wallet Be Hacked? How Can You Secure It?

[Woodie]

Hacked maybe not. Most of us we compromise the security of our crypto wallets by the way we use our devices, some of us have either rooted or jailbroken our devices which is the first step of weakening a device primary security. If this isn't it it could be clicking anything that comes our way which shouldn't be the case, others desire to hide their identity costs us through the use of VPNs which could have some else intercept this our information using these vpns so as a precaution I try to do the opposite not to get hacked.

[dupee419]

I'm pretty sure a lot of replies have been focused on 2FA, and I do agree that 2FA gives us the best security we can get for our wallets, same with digital fiat wallets, 2FA gives us good security, but we're still vulnerable of getting robbed if we'll only rely on 2FA, you still have to be knowledgeable around the internet, avoid clicking suspicious links or files, we're still at risk and the internet is filled with hackers, we're not safe but we can at least prevent some things to happen.

[ReiMomo]

If anyone is using "localbitcoin" site to save your btc, or any other exchanges which have to be logged in on desktop with their URL, then be more cautious when entering the URL on the URL bar on any browsers. Make sure the URL is logged in on a secured environment. the URL should start with "HTTPS". I remember, my wallet was hacked few years back. I then checked the URL. It was very similar to the original. The url was not securely connected. So keep an eye on it.

[Koro-Sensei]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

Hacking occurs through phishing sites where they get your data's from your phone. They are good at identifying where anyone is securing their private keys or recovery phrase. I recommend not to put these ones on your FB or emails for future purposes. Better if we secure it by hand writing and put it in a secure box. Other than this, there's no one that could hack in to it.

[nhaila]

My bitcoin wallet has not been hacked till today but my bitcoin wallet is hardware wallet. Hardware wallets are much more secure than software. However, sometimes Bitcoin wallet for unwanted reasons Can be hacked.

[Qikiye]

I lost dollars from my bitcoin as a result of losing my mobile phone. Because I used Trust Wallet, once you trust Login, you don't need to login again. So Once a device is lost, any cryptocurrency user can use Bitcoin from a lost device.

[dustboy]

I lost dollars from my bitcoin as a result of losing my mobile phone. Because I used Trust Wallet, once you trust Login, you don't need to login again. So Once a device is lost, any cryptocurrency user can use Bitcoin from a lost device.

Didn't you save your recovery phrase of your trust wallet before? If you did it, you can recover it on other devices as soon as you noticed that you have just lost your phone.

I'm not that familiar with trust wallet, but afaik there is also 2fa security system on trust wallet (correct me if I'm wrong). It is also a must step to secure your wallet but in case of losing your phone where you have your wallet and authenticator, the other you should do is to have difficult password to open your phone.

[spyderbilt]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

Bitcoin wallets on exchanges are usually easy to hack. I've experienced losing bitcoin assets on an exchange, but after that I chose to replace the asset storage in a hardware wallet and it's safer

[Freezingel]

Yes of course your wallet can be hacked, actually there are some cases regarding that already but most of them are because of the carelessness of the owner though. Like clicking phising website, willingly input the data of the wallet to scammers, and such. Everything in the internet is vulnerable to hackers, we just need to be careful, don't believe suspicious websites or people, never give any important detail and information, keep our wallet key or password in safe place, and always be cautious. There are so many things we can do to prevent it getting hacked for sure.

[LimLims]

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

It depends upon you completely.
If you using online 3rd party wallets where you don’t have complete access on your private key, then more chances are there that the wallet will be hacked.
But it’s quite difficult to hack if you store your Bitcoins in hardware wallet and until and unless you share your Private key with someone else.
Hope this helps you buddy.

[B-Bit]

If you don’t know how much money is in your wallet, there is no frequent transaction. Your wallet will not be attacked.
Generally hackers will attack the wallets of some whales.
You still have to manage your own wallet. Don't give your private key to anyone. Don't trust third parties.

[witcher_sense]

The wallet that you installed on your mobile phone is often poorly protected, and if you lose access to your device, be ready to immediately transfer your coins out of corresponding compromised keys. Most mobile wallets are encrypted and protected with numerical PIN codes, but such protection is not sufficient in the case when huge amounts of money are involved.

Recently, some guy revealed a vulnerability in Samourai Wallet, which basically allows a hacker (provided that he has direct access to your mobile phone) to brute-force your PIN and therefore decrypt your wallet easily. Bruteforcing takes time, that's right. However, if you utilize your mobile phone as a cold storage or hardware wallet and keep it in no-so-secret-place, hacker's manipulations may go unnoticed, and you may lose your funds.