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Author Topic: How safe is it to store your bitcoins on a mobile phone?  (Read 7288 times)
coinzat
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May 15, 2016, 10:48:18 PM
 #101

it is safe to use a mobile wallet if the application has a security code like in mycelium so not everyone get the mobile can spend your btc. you also should have a backup because you may lose you smartphone or it broke suddenly
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May 15, 2016, 11:45:01 PM
 #102

What's all this stuff about losing coins if you lose your phone? Write the seed down and put a pin on the wallet. Your worries are over.
if the wallet phones have the private key backup system. then there was no need feared when your gadget is lost. you can easily redeem the private key and all of your bitcoin back. using a mobile phone wallet safe enough
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May 16, 2016, 08:45:35 AM
 #103

I personally save bitcoin on my phone, the safety is not 100% that these coins will not be touched every by anyone, but even if you store on the phone try to ask for 2FA, lock the screen, lock the apps with an additional password or mazelock
yeah save bitcoin wallet phone is basically similar to the store in the wallet in general. but it may be more easily stolen when others people borrow your cell. therefore you should add some authentication such as passwords or other authy. it will make your bitcoin safe in the phone
For me i dont use 2FA  i find it hassle when im  trying to login my wallet, because i beleive 2fa can be bypass if your email is being hack, it really matters on wallet holder on how he makes his wallet safer,

I don't think that 2FA can be bypass with a password reset!, if the hacker know you password of the Coinbase account then to make transaction (if you have setup 2FA for every transaction) then a 2FA code will be required.
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May 17, 2016, 11:47:01 PM
 #104

I personally save bitcoin on my phone, the safety is not 100% that these coins will not be touched every by anyone, but even if you store on the phone try to ask for 2FA, lock the screen, lock the apps with an additional password or mazelock
yeah save bitcoin wallet phone is basically similar to the store in the wallet in general. but it may be more easily stolen when others people borrow your cell. therefore you should add some authentication such as passwords or other authy. it will make your bitcoin safe in the phone
For me i dont use 2FA  i find it hassle when im  trying to login my wallet, because i beleive 2fa can be bypass if your email is being hack, it really matters on wallet holder on how he makes his wallet safer,
yeah no security is secure. all can hack or bypass. but using 2FA for all accounts like email and wallet account. certainly it will give little chance for hackers to steal your money.
might seem very complicated to keep 2fa to all your account but it will make you safe 



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May 18, 2016, 12:15:14 AM
 #105

for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
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May 18, 2016, 01:24:51 AM
 #106

I personally keep mine in Blockchain.info, which has a moble app that lets me access my wallet on my mobile, which is very convinient, however i wouldn't keep them on your phone in a way that it is the only way you can access them. You never know if it will get lost or stollen somehow




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May 18, 2016, 01:59:52 AM
 #107

for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yeah I think so too. bitcoin wallet pc store will be more secure than storing it in your wallet phones you know why mobile phone is very easy to get lost right ? and many other reasons
I would prefer a wallet on pc for any reason.
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May 18, 2016, 02:01:10 AM
 #108

Try not to. I've had a wallet with no money inside and it's never been hacked.
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May 18, 2016, 05:30:42 AM
 #109

Guys Ledger is selling a contactless Bitcoin wallet called Unplugged which is basically a credit card shaped piece that can communicate with NFC enabled mobile devices. With that Ledger Unplugged wallet one can safely pay via mobile Bitcoin wallets transferring money out of the Ledger to pay for things. I think it's pretty cool check it out  Wink
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May 18, 2016, 05:49:07 AM
 #110

I personally keep mine in Blockchain.info, which has a moble app that lets me access my wallet on my mobile, which is very convinient, however i wouldn't keep them on your phone in a way that it is the only way you can access them. You never know if it will get lost or stollen somehow

It is convenient, but convenience almost always comes with a downside - security of your coins.

Your phone is always connected to the internet, which makes it especially prone to attackers. I mean, if you keep small amounts, that's fine. I don't think a small amount of coin stored conveniently would be a big matter.

But if you're storing large amounts, I suggest you do with something completely offline like a paper wallet. Or a hardware wallet.
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May 18, 2016, 06:34:24 AM
 #111

It's save enough to store bitcoins on phone. I've done it several times, and nothing's bad happened. maybe for the tips, don't download too many applications and don't klick links, be careful of these things. It's same tips if you want to store your bitcoins on PC.

It is safe until the mobile is in your hand, and there is no virus.. You didn't get any problem because you didn't lost your mobile and softwares. but it is highly possible that mobile fone can be stolen and the operating system can be corrupt. if it happen you'll loose all your money.
so I don't think that it is 100% safe.. 

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May 18, 2016, 06:38:44 AM
 #112

lock your phone, lock your aplication, lock your file transfer, and use PIN (xapo, coinbase, blockchain, mycellium have this feature.
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May 18, 2016, 06:57:41 AM
 #113

for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yes i'm agree with that,maybe for security reason dekstop wallet is better than online wallet or mobile phone storage,but for easy used and carriying,its still matter for dekstop wallet,wecan't bring our PC anywhere. and also i think dekstop wallet should haved by people who really know about malware and virus or phising,becaue if not,newbie will easy to lost their bitcoin on dekstop wallet.
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May 18, 2016, 07:51:54 AM
 #114

for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yes i'm agree with that,maybe for security reason dekstop wallet is better than online wallet or mobile phone storage,but for easy used and carriying,its still matter for dekstop wallet,wecan't bring our PC anywhere. and also i think dekstop wallet should haved by people who really know about malware and virus or phising,becaue if not,newbie will easy to lost their bitcoin on dekstop wallet.
for wallets and purses on pc phones have advantages and disadvantages. perhaps the wallet pc safer and more secure, and wallet phones have high flexibility both have their respective advantages
I think any wallet safe unless a third party #IMO
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May 18, 2016, 07:55:58 AM
 #115

I don´t think it is that safe to store bitcoins on your phone. It also depends what kind of phone doe you have. I think if you have
a apple iphone i think your coins would be many times saver over there then they are on your android phone.
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May 18, 2016, 08:18:45 AM
 #116

for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yes i'm agree with that,maybe for security reason dekstop wallet is better than online wallet or mobile phone storage,but for easy used and carriying,its still matter for dekstop wallet,wecan't bring our PC anywhere. and also i think dekstop wallet should haved by people who really know about malware and virus or phising,becaue if not,newbie will easy to lost their bitcoin on dekstop wallet.
for wallets and purses on pc phones have advantages and disadvantages. perhaps the wallet pc safer and more secure, and wallet phones have high flexibility both have their respective advantages
I think any wallet safe unless a third party #IMO
I think its not safe if you use phone wallet because there's a new virus called monkey virus and also sexy virus that can destroy all system program o your phone or it can remote or monitor your phone.. honestly i have a phone which is infected of monkey trojan virus and also sexy icon.. If you notice your android phone is automatic install any apps in your phone or its always unfortunatey program has stop or something like if you see this problem in your phone its infected of engriks or monkey virus..
So for me its not safe to use mobile wallets.. its better to use desktop wallet and its secured than using phone wallets..
I tried to install anti virus at my phone but it can't treat or remove the virus because the virus is in system files and cant deleted.
Unlike in desktop that you can easily remove the virus or disinfect using kaspersky..
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May 18, 2016, 08:24:50 AM
 #117

I agrre with the most people here - it is not safe to keep your coins on the phone. Ypu might lose it, or could be broken (some softvare errors), attacked with malware, especially because most of the people still don't protect their phones right. Also, it's good to use deffernet kind of wallets (desktop, cloud etc.) and not keep all the coins at one place. Especially if you have larger sum.

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May 18, 2016, 08:49:32 AM
 #118

It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at.
If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something.
Then you have just lost your phone and your Bitcoins.
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May 18, 2016, 08:59:02 AM
 #119

Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it.
if you however just store few coins to it, its fine.

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May 18, 2016, 09:07:55 AM
 #120

It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at.
If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something.
Then you have just lost your phone and your Bitcoins.

Thats easily solvable, just use Mycelium wallet for Android phones, make sure you write down in a paper the backup code (seed words) and then put them on a safe USB in your pc. If you ever lose the phone, you just click restore and you have your bitcoins back even if you lost the phone, unless the phone was lost and is in the hand of a very knowledgeable person in the bitcoin area, he can get them before you.
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