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Author Topic: Have I made a grave mistake  (Read 418 times)
YellowSwap (OP)
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February 15, 2022, 09:59:50 PM
 #1

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back? 

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February 15, 2022, 10:28:28 PM
 #2

Who tells you that Android is safer?

For me, it always depends on how you protect your phone either IOS or Android OS.

The only problem with using IOS iPhone is that they only have a few supported Bitcoin and Crypto wallets compared to Android Devices.

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February 15, 2022, 10:55:41 PM
 #3

IMO, both iOS and android crypto wallets aren't safe, they are vulnerable to hacking and can be easy to access by cybercriminals.
But if you really compare both of them, I prefer the android crypto wallet and yes, it has more secure than the iOS wallet but is still not adviseable.

However, on other hand, it's not ideal to store them a huge amount because they are always connected to the internet as your daily use and it could be vulnerable for your crypto.  I suggest using a hardware wallet instead of android or iOS crypto wallets which isn't reliable at all upon storing your crypto.

You may find them at this thread, [BIG LIST] Hardware wallets (80+)
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February 15, 2022, 11:27:53 PM
 #4

That's not true.

The real safety measure is depending on the owner and how he or she uses their phones. If you're someone that keeps on downloading unknown files then you're at risk in using android.

And if you're an iphone user and you're easily get tricked by phishing links, then you're also at risk. So, it's not reliant to the type of OS you use but on how you use both of them.

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YellowSwap (OP)
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February 15, 2022, 11:34:42 PM
 #5

I'm not talking about how user protects their phone I'm talking about possible backdoors in crypto wallet on iPhones 

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TheBeardedBaby
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February 16, 2022, 12:02:16 AM
 #6

Never keep significant amount of money on a phone.Never.
No matter what type or brand the phone is, use it only for a watch only address and price checks. Trades should only be done on a secure devices.
If you think that's too much, ask all those who have neglected the security and choose the comfort instead and learned their lesson the hardest way.

To avoid ending on the negative statistic, follow these easy steps and you will be fine
If you still want to use the phone, always activate the 2FA and never repeat a password. Always check the first 5 and last 5 characters of the address you send funds,always.

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February 16, 2022, 12:11:05 AM
 #7

I'm not talking about how user protects their phone I'm talking about possible backdoors in crypto wallet on iPhones 
Pretty much a popular cryptocurrencies wallet like Blue Wallet/Metamask/Trust Wallet is available as an open-source. So I think a possible backdoor issue should be way more the least issue over maximising your phone security as a whole. Just make sure that you have downloaded the wallet from legitimate sources.

But if you really consider the security aspect, choosing Android with a customized OS would be a more preferable option since it surely has more transparency over iPhone. So you would/can know what your phone is actually doing.

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February 16, 2022, 04:07:24 AM
 #8

Really, 99% of the time the security of someone's funds is going to depend on the user, not the device/OS.

But tell you what — if you can afford an iPhone, then you can most definitely afford a Ledger or a Trezor.

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February 16, 2022, 04:10:43 AM
 #9

It depends on how you weigh things. Perhaps you only need to differentiate iOS from Android and proceed from there. For one, there are advantages and disadvantages to both an open source software and a closed source software. Android is open source and iOS is closed source.

Moreover, the fact that iOS is exclusive for iPhones and that Android is used by different kinds of smart phones could also have security implications.

In terms of how strict they are in admitting apps, it seems Google is more open compared to Apple.

Of course, it also matters which particular wallet you are running. And, largely, security falls on you as a user.

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February 16, 2022, 04:31:01 AM
 #10

You shouldn't store all your money in your pocket and carry it around everywhere with you. In other words smart phones in general are less safe to store cryptocurrencies regardless of their manufacturer. You want to store your coins in cold storage, if you are willing to learn then make one yourself otherwise buy a hardware wallet.
Then use your phone for small amounts that you need to actually carry around. That way it doesn't matter if you are using Android or iOS.

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February 16, 2022, 06:17:28 AM
 #11

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back? 
Well on different perspective its apple much safer since most virus or malicious run on windows and can penetrate android. But it doesnt mean that in crypto apple would be safer than android cause the chance of being compromise is slwayd gonna depend on the user and how he handles his activity. A good and cautious person doesnt fall on scams even he used android.

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February 16, 2022, 06:59:59 AM
 #12

The OP might as well use two phones since he's asking about the possibility of a return to Android. Leave one phone with a wallet intact and use it very infrequently, and transfer bitcoin to the second phone in small amounts to be safe

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February 16, 2022, 09:08:03 AM
 #13

The Os isn't what guarantees your wallet safety which ever you choose to use the goal is keeping your private key safe. If you feel unsecured about the ios then you could keep your wallet away from the device but trust me it doesn't matter as long as you don't store your keys on any electronic device that can be read through a hackable software. Malware attackers attack both Os so never store your key anywhere online
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February 16, 2022, 09:08:18 AM
 #14

You shouldn't store all your money in your pocket and carry it around everywhere with you. In other words smart phones in general are less safe to store cryptocurrencies regardless of their manufacturer. You want to store your coins in cold storage, if you are willing to learn then make one yourself otherwise buy a hardware wallet.
Then use your phone for small amounts that you need to actually carry around. That way it doesn't matter if you are using Android or iOS.
Exactly we don't roam around suitcase full of money instead have some of the cash needed at our ease and rest lying in the bank lockers and same strategy needs to be applied with bitcoin safety measures.Store most of them in cold storage and backup the seed phrase offline you find it safe with 3-4 places in order to be sure.

Regarding the @OP topic don't know from where you have got this wrong information as all devices have the same vulnerability of exposing to hackers and scammers until you are not fully aware about how to safely manage your funds.

Android hacks

Fake trezor app on IOS

The above two links depicts that Android as well as IOS devices are prone to crypto hacks so how well security features you defend in both of them? It's your sole responsibility to take care of your funds and if not they will gone with blink of an eye.Nobody needs your signature or biometric but only one mistake and all your funds are into hackers address which you can't retrieve.So device is not important but your awareness is.

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February 16, 2022, 09:30:08 AM
 #15

I'm not talking about how user protects their phone I'm talking about possible backdoors in crypto wallet on iPhones 

Possible backdoors in crypto wallet on iPhones? What exactly do you mean? If a crypto wallet (software) contains a backdoor that allows a hacker to steal funds, what does that have to do with the security of the operating system on which the software runs?

In my opinion, both operating systems have similar security features. However, Android devices are more likely to be targeted by hackers than iOS devices, due to their popularity and open source architecture. A second important factor is Apple's rigorous process of closely inspecting every app on its app store, which may result in fewer apps, but will help to reduce malware-ridden apps.

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February 16, 2022, 09:55:09 AM
 #16

You focus on wrong things, the OS doesn't matter if we're talking about backdoor on the application. You should've asked whether certain wallet application (which only available on iOS/iPhone) might contain backdoor?
Anyway, popular open source wallet is far less likely contain backdoor and you can find such list at https://walletscrutiny.com/. Obviously you'll need to do further research before deciding to use wallet you chose.

^^ This.
And even more, since the smartphones are amongst most stolen objects, I also advise, like many others did, OP consider acquiring a hardware wallet.

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February 16, 2022, 12:45:30 PM
 #17

I'm not talking about how user protects their phone I'm talking about possible backdoors in crypto wallet on iPhones 
In this case, you are actually correct. There is not a single wallet on iOS which is open source and reproducible from the published source code according to https://walletscrutiny.com/?platform=iphone, whereas there are a number which are reproducible on Android. So yes, although all the other replies about how you protect your phone, what apps you download, how you should use a hardware wallet instead, etc., are correct, you are more likely to use a bitcoin wallet with a backdoor or similar on iOS since you cannot verify the code.
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February 17, 2022, 07:59:43 AM
 #18

Maybe I should get android phone back? 
You can but on the condition that the crypto wallets you want aren't on the iPhone. Otherwise, continue with iPhone. BTW, security of your wallets rest with you and not on some gadgets; whether hardware or not.

I suggest using a hardware wallet instead of android or iOS crypto wallets which isn't reliable at all upon storing your crypto.
Hardware wallets do have their disadvantages too apart from the extra cost of buying them. Also, they can easily be stolen, especially those that look like USB flash. Once anyone sees a USB flash, the thought of it housing some information triggers off. The person stealing it may not even know before hand that it houses some Bitcoin until they lay hands on it. And if they can assess it, that's it. Nothing is that absolute. That's my point. I think the remedy for those who use android is to keep their phones safe and away from public eyes. Activate security features on the phone too.

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February 17, 2022, 08:31:51 AM
Merited by ABCbits (1), Mpamaegbu (1), FatFork (1)
 #19

Hardware wallets do have their disadvantages too apart from the extra cost of buying them. Also, they can easily be stolen, especially those that look like USB flash. Once anyone sees a USB flash, the thought of it housing some information triggers off. The person stealing it may not even know before hand that it houses some Bitcoin until they lay hands on it. And if they can assess it, that's it. Nothing is that absolute. That's my point. I think the remedy for those who use android is to keep their phones safe and away from public eyes. Activate security features on the phone too.
Hardware wallets are still far superior to a mobile wallet in almost every way. The cost of a hardware wallet ($50-$100) is very little when compared to a flagship smartphone ($500-$1000). They can easily be stolen, but so can a phone, and if they look like a USB drive then to the unknowing criminal a phone is much better target for theft. And if they are stolen, they are significantly harder (if not impossible) to extract the seed phrase or private keys from when compared to a phone.

If OP is concerned enough to be considering back doors in wallet apps or the phone firmware itself, then he is clearly considering storing an amount of money on his mobile wallet which he cannot afford to lose, and should therefore be looking at a more secure wallet such as a hardware wallet. Don't carry any more in a mobile wallet than you would be comfortable carrying cash in your physical wallet.
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February 17, 2022, 12:02:14 PM
 #20

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back? 

You know, in the end, it all comes down to smartphones being just little spy boxes that everyone carries everywhere with them, and the question is do you want to be spied on by Americans, Chinese, or someone else? When you ask what is safer, this it is a very relative term about which much could be written, but there is no concrete answer.



Hardware wallets are still far superior to a mobile wallet in almost every way. The cost of a hardware wallet ($50-$100) is very little when compared to a flagship smartphone ($500-$1000).

And yet relatively few people use them if we take into account the data that Ledger sold about 3 million HW, while the Trezor claims that number is over 1 million - but we all know that these are not unique users, some have at least 2 devices or even more. Although such research is questionable, some data show that at the end of 2021 there were slightly less than 300 million crypto users, but even if it is only 100 million, we come to the conclusion that maybe 5% use HW if we take into account all other manufacturers.

The average crypto user would rather buy a smartphone for $1000 than HW for $50, but that's a thing we'll hardly change.

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