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Author Topic: Is there any risk in using Bitcoin over Public WiFi ?  (Read 2677 times)
Dmitry.Vastov
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December 07, 2016, 01:15:38 PM
 #21

I think its fine to use or transact bitcoin using public wifi. Besides, we all know its risky to connect a computer with private keys. Using public wifi and private internet connection are both risky because your computer are exposed to viruses that can catch all your details including your private keys. If you are hessistating, then dont use public wifi. Thats very simple..
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December 07, 2016, 01:20:23 PM
 #22

The odds that someone with enough skill to get something from you over wi-fi just sitting around and checking random peoples outgoing data are slim. There's being paranoid and then there's being over the top. If your dealing with lots of coins use as secure a connection as possible but otherwise I wouldn't sweat the odds myself. If you keep around 1 btc in a mobile wallet to use on the go I would not worry about anyone stealing it when using public wi-fi.
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December 07, 2016, 01:25:58 PM
 #23

The odds that someone with enough skill to get something from you over wi-fi just sitting around and checking random peoples outgoing data are slim. There's being paranoid and then there's being over the top. If your dealing with lots of coins use as secure a connection as possible but otherwise I wouldn't sweat the odds myself. If you keep around 1 btc in a mobile wallet to use on the go I would not worry about anyone stealing it when using public wi-fi.

I agree with you. I think they couldn't just get information on what you have, even if it's online wallet. They would attack the main servers of the site that had your wallet. Maybe it depends if they are really good, but it's rare. (Maybe your paranoia is caused by watching too much TV) If you really are paranoid, you could just wait to connect to a secure connection. If that's really important, it's better to be safe than sorry.

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December 07, 2016, 01:31:01 PM
 #24

Definitely. If you pay for a service using Bitcoin, a malicious user can change the address PROVIDED that the information is not transferred using secure medium, (HTTPS).

If you are talking about making Bitcoin transactions then there is a slight risk. Bitcoin wallets*, by default do not transmit over private keys and it is impossible for anyone to do MITM(Man-In-The-Middle) attacks on you.

However, a malicious user can make your wallet connect to fake servers that is run by then. Your wallet can be tricked into thinking that it has received transactions.


*NOT online wallets, coinbase etc.

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December 07, 2016, 02:28:19 PM
 #25

I think it is risky but you can secured your transaction just use a vpn in your phone or laptop so that you can not be trace..
This is just what i experience because i have many gadgets here as a technician if i log in some website and i use other laptop you will notice that it is less secured unlike if you use a computer and other internet you will be ask if you are the owner or not like in gmail. this is just what i experience so it is better to use vpn every transaction..
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December 07, 2016, 02:41:54 PM
 #26

Broadcasting a transaction (which has to be public by it's very nature) with public wifi is perfectly fine.

Connecting any computer with private keys to any network is always a security risk.


There's no risk of using bitcoin via public wifi because its common at public places nowadays. Don't be afraid that you will be get hacked, all you need to make sure that you are using your personal gadget and not borrowed one, why? Its because some gadgets do have installed key loggers which steals your personal info's specially your key passwords on your any transactions online. You are not secured and now the risk is there already, to give an advice just don't use a pc or mobile phone that doesn't belong to you just to be sure that all of your online transactions were secured all the time.

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December 07, 2016, 02:47:37 PM
 #27

I dont think it will be any cause any harm because there are too many security codes and by the time u l leave that public wifi .so now u have make sure that the public wifi is known to u .otherwise it can corrupt u in a bad way .hope it helps .kudoos Smiley

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December 07, 2016, 02:49:40 PM
 #28

I think its fine to use or transact bitcoin using public wifi. Besides, we all know its risky to connect a computer with private keys. Using public wifi and private internet connection are both risky because your computer are exposed to viruses that can catch all your details including your private keys. If you are hessistating, then dont use public wifi. Thats very simple..

I also do not think that its bad to use the bitcoin on a public wifi, most likely its not something that can harm you!
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December 07, 2016, 03:20:41 PM
 #29

I would not access my online wallet via public Wifi, because of the threat of a Man-in-the-Middle attack. Any transaction that would give someone

access to your private key, should be avoided. Some of these online wallets store the private key on their side, and once you access the service..

a hacker could hijack the session or even spoof it. Using these services over your own internet, is already too risky.  Angry

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December 07, 2016, 03:26:15 PM
 #30

I think that usibg credit cards/btc/and any currency online using a public wifi is a risk.Cause we all know that there are smart hackers that can acces your account in your computer by just using his own public wifi that youre connected in
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December 07, 2016, 03:36:16 PM
 #31

I use bitcoin transaction using public WIFI yet there is no sign of hacking or issues to my account so I guess using this public wifi is not that harm for transacting to other, and the only security of bitcoin from user's hand is their private keys, which is so and very important in every account, if that thing was lost I guess your account will be gone into your hands.

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December 07, 2016, 03:48:01 PM
 #32

Ofcourse using bitcoin in a public wifi has a risk, Hacker.can  snipe your information over the wifi . Its better to just use your personal wifi or data connection when you are using bitcoin of course for safety.

I am using public wifi seldom only for rush researches in school , but seldom i use my connection for safety of my accounts
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December 07, 2016, 03:49:04 PM
 #33

I think there will be no harm because you don't need to put your private key when doing a transaction unless you're importing it in a new wallet . If you're using an online wallet then it will be risky too .  I highly suggest that you should not do a transaction or open your wallet in a public wifi/computers if thats the case however if its emergency just use a vpn or tor network .

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December 07, 2016, 03:53:38 PM
 #34

We all know that it is not advisable to use e-banking, credit/debit cards, etc over public WiFi as the information can be misused by the hackers.
Is there any chance that the same can happen if we make bitcoin transactions over public WiFi ?
I assume due to high security measures in bitcoin, it is not possible. Am I correct ?


Online wallets can already be manipulated by hackers even if there were no wifi connection involved (server side to be specific). How much more of it is on public use?

    In your assumption yes transactions can not be a tool for hackers but instead they could get your amount by breaching the wallet where you have processed the transaction
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December 07, 2016, 04:00:04 PM
 #35

If you make a transaction with a public WiFi, the transaction itself most likely will not be corrupted.
But if somebody observes the transmitted data, and that data is not sufficiently encrypted, he can find a way to get your log in data.
And then he would have access to the coins on the wallet where you have made the transaction with.
At least if an online wallet was used.

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December 07, 2016, 04:03:14 PM
 #36

We all know that it is not advisable to use e-banking, credit/debit cards, etc over public WiFi as the information can be misused by the hackers.
Is there any chance that the same can happen if we make bitcoin transactions over public WiFi ?
I assume due to high security measures in bitcoin, it is not possible. Am I correct ?

I don't think there is a chance that your bitcoins / wallet can be hacked by just simply using over the public wifi. Unless you will enter your private key and the owner of that public wifi has keylogging software. That's the only way I can think and possible way for you to be hacked, you don't have to think about it either for we are only few in this world who uses bitcoin.

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December 07, 2016, 04:18:09 PM
 #37

Perhaps not. Bitcoin is well developed and secured by many ways. It is extremely hard to hack or steal Bitcoin if owner knows how to protect it. Maybe you can lose your Bitcoin if the hackers take over your computer and automatically send your Bitcoin to their wallet.

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error08
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December 07, 2016, 04:19:24 PM
 #38

We all know that it is not advisable to use e-banking, credit/debit cards, etc over public WiFi as the information can be misused by the hackers.
Is there any chance that the same can happen if we make bitcoin transactions over public WiFi ?
I assume due to high security measures in bitcoin, it is not possible. Am I correct ?

I don't think there is a chance that your bitcoins / wallet can be hacked by just simply using over the public wifi. Unless you will enter your private key and the owner of that public wifi has keylogging software. That's the only way I can think and possible way for you to be hacked, you don't have to think about it either for we are only few in this world who uses bitcoin.
There will always a risk if you connect through public wifi imho due to hacker could get into your mac/smartphone, although the probability is too small to meet a hacker and steal your wallet information. Well, we should watchful to do bitcoin transaction over the public wifi, but to access into bitcoin wallet need verification code which sent via text message as I've been set it like that, so it seems pretty secure.
kolloh
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December 07, 2016, 04:21:58 PM
 #39

Personally, I'd avoid public wifi in general if at all possible. While it may be safe to broadcast a transaction over a public network, there are certainly risk of sniffing and man in the middle attacks for other actions you do. I'd rather make the connection over a cellular network than use a public wifi network if thats an option.
Mastsetad
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December 07, 2016, 04:27:47 PM
 #40

We all know that it is not advisable to use e-banking, credit/debit cards, etc over public WiFi as the information can be misused by the hackers.
Is there any chance that the same can happen if we make bitcoin transactions over public WiFi ?
I assume due to high security measures in bitcoin, it is not possible. Am I correct ?

I don't think doing any transactions over a public wifi can cause any problems like that as long as you are not showing any private key or something like that which can be harmful for you wallet if someone got them.
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