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Author Topic: Anyone who use mobile wallets?  (Read 11379 times)
powerman24
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May 13, 2019, 11:45:53 PM
 #121

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

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H1N1
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May 14, 2019, 03:38:08 AM
 #122

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


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.

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May 14, 2019, 03:51:47 AM
 #123

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.
Pffrt
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May 14, 2019, 04:00:47 AM
 #124

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.
steveabrahams
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May 14, 2019, 04:23:42 AM
 #125

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

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.
goaldigger
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May 14, 2019, 05:21:25 AM
 #126

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


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.

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renault18turbo
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May 14, 2019, 05:25:24 AM
 #127

U would wait for hardware wallet integrated into mobile phones. It is more safe and couldn't be affected by software vulnerabilities.
Callanta787
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May 14, 2019, 05:31:06 AM
 #128

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

Adriano2010
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May 14, 2019, 05:45:04 AM
 #129

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.
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May 14, 2019, 06:44:50 AM
 #130

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

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.


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zauna35
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May 14, 2019, 07:07:55 AM
 #131

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.
Gabmot
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May 14, 2019, 12:12:56 PM
 #132

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.
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May 14, 2019, 11:26:19 PM
 #133

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.
Pffrt
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May 15, 2019, 03:57:56 AM
 #134

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.
Kaneki11
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May 15, 2019, 04:03:24 AM
 #135

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

I use mobile wallet .. I think it's convenient all you have to do is save wallet details on cloud storage ... problem solved
steveabrahams
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May 15, 2019, 04:53:11 AM
 #136

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

That's right, security is very necessary for what you have right now because it is possible for all of you to work through your smartphone in the future.
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.
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May 15, 2019, 05:28:47 AM
 #137

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.



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May 15, 2019, 10:33:19 AM
 #138

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,
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May 15, 2019, 10:38:44 AM
 #139

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 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.
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May 15, 2019, 10:55:51 AM
 #140

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.

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