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Author Topic: Anyone who use mobile wallets?  (Read 11379 times)
Dexion
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May 27, 2019, 08:49:29 AM
 #201

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
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.

3x1t
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May 27, 2019, 08:53:35 AM
Last edit: May 27, 2019, 05:47:02 PM by 3x1t
 #202

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


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 together with other major coins. Though mobile wallets are still okay, Trust and Eidoo are good.

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), 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. 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 and users' help) 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.  Sad
bitcoin-shark
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May 27, 2019, 09:08:20 AM
 #203


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...
clipto
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May 27, 2019, 04:43:21 PM
 #204

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.
btccrusher
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May 27, 2019, 05:45:29 PM
 #205

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.
omone1
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May 27, 2019, 06:06:35 PM
 #206

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


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.
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