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Author Topic: Is storing bitcoin is more secure in iPhone than in an Andriod phone  (Read 360 times)
UmerIdrees (OP)
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March 26, 2023, 06:24:35 AM
Last edit: March 26, 2023, 07:13:29 AM by UmerIdrees
 #1

Most of us keep our bitcoin and crypto in wallets stored in either iPhone or Andriod phones. Even we have an exchanges accounts app on our mobile phones.

Since,  iOS offer better security and low chance of malwares etc, is it better to buy an iphone to store our crypto or even an Andriod phone is enough for this purpose?

Note: We know hardware wallets are the best alternative but here we are discussing about Bitcoin is more secure in iOS or in an Andriod based phone.

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March 26, 2023, 06:31:34 AM
 #2

Imho, They are just the same since they are both connected in the internet. Android becomes less secured if it was being jail break to modify system restrictions. The default security features of Android and IOS are both safe.

In the end. It all base on how the user use the respective gadget to secure their wallet. Assuming same user will do same thing on both IOS and Android device that will affect the Bitcoin wallet then I think the effect will be same regardless on how secure IOS or Android.

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March 26, 2023, 06:33:34 AM
 #3

If you talking about malwares problem, then it's true iOS is better than android, as you can read it below.

According to recent reports, Android users are 50 times more likely to be infected by malware than Apple device users. Similarly, it's estimated that 97% of all malware targets Android users. Why is that? While Apple fans like to point to Android's open source model as the culprit, the truth is that with over 2.5 billion devices in the wild Android simply has a far greater market share than Apple. Naturally, then, hackers will look towards the largest target when crafting their exploits.

But if you think installing wallet without need to verify the PGP signature is already enough since you're use iOS, you're wrong because there's no guarantee you will 100% avoid installing a fake wallet.

What's the point to compare iOS and Android, when you already know the best one to use?

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March 26, 2023, 06:38:28 AM
 #4

Since they are both hot wallet and they are always connected to the internet they might be exposed to the same risk.
Even if you give the most secure wallet to a careless user and give the most insecure wallet to a very carefully user you might be surprised that the insecure will provide more security than that of the most secure wallet, what I'm trying to say it that the person handling the device should also be considered not just the device alone. We have some people that have been using Android wallet and yet haven't experienced any issue with it and also some that have been using iOS and also haven't experienced any with it.
I would have chose iOS but because of the slow update it receives I'm going to choose Android and besides I'm currently using an Android phone.

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March 26, 2023, 06:48:51 AM
 #5

It truly depends on the usage. Both OS does not offer better security if the user themselves aren't practising good security habit. There is no guarantee one OS is a way safer place to store compared to others.

Instead of comparing both of these two, learning how to secure any of the smartphones and basic digital security is way better. And do in mind, that security itself is not just about malware and an OS. Both iOS and Android developers surely compete to secure their own systems.
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March 26, 2023, 06:55:22 AM
 #6

Most of us keep our bitcoin and crypto in wallets stored in either iPhone or Andriod phones.
You can have them on your phones, your mobile devices but it should be wallets to store small part of your capital. Don't store all your coins on phones.

Quote
Even we have an exchanges accounts app on our mobile phones.
Don't store all eggs in one bag. This case on one device.
Reminder: do not keep your money in online accounts and don't store your exchange accounts, email accounts, 2FA on a same device.

Quote
Since,  iOS offer better security and low chance of malwares etc, is it better to buy an iphone to store our crypto or even an Andriod phone is enough for this purpose?
iOS is better than Android. It has better filter procedure and less fake apps on iOS than on Android.

Quote
Note: We know hardware wallets are the best alternative but here we are discussing about Bitcoin is more secure in iOS or in an Andriod based phone.
Bitcoin is Bitcoin and it is not better or worse in iOS or in Android phone. It's just what operation system is better.
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March 26, 2023, 07:00:28 AM
 #7

No. Both of them rely on the secure chip inside your phone to store the private keys and seed phrases. And that's only if the wallet code was written properly in the first place (which is not even possible on not-so-old versions of iOS and Android). So the question you should be asking is: Does the phone I'm using have a secure-enough TPM chip?

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UmerIdrees (OP)
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March 26, 2023, 07:19:40 AM
 #8

What's the point to compare iOS and Android, when you already know the best one to use?

I don't know which one is the best to use and therefore i have raised a question here  Smiley

No. Both of them rely on the secure chip inside your phone to store the private keys and seed phrases. And that's only if the wallet code was written properly in the first place (which is not even possible on not-so-old versions of iOS and Android). So the question you should be asking is: Does the phone I'm using have a secure-enough TPM chip?

So how we know about the TPM chip of the phone ? Lets make things easier starting from iPhone12 onwards and Andriod 12 versions phones (the phones which are manufactured in the last 3 years), can be an issue with a wallet code?
I haven't heard of any incident that the private key was stolen by the manufacturer of the phone Huh

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March 26, 2023, 07:38:31 AM
 #9

iOS is stated to be secure than Android as there is limited number of applications available for iOS than Android. For Android quite often we can see list of applications creating security issues and requested from developers team to remove from the smartphones for better security of the device. Non custodial wallet on mobile devices seems to be secure and for better security I prefer to have separate smartphone which have got only the wallets application. Only for transaction purpose I connect it to internet, rest of the time the smartphone will be offline.

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March 26, 2023, 07:45:23 AM
 #10

I don't get too involved in the technical issues of security systems on mobile platforms, but I see the security issue between them as the same and the problem lies in the user's usage behavior. Some devices from samsung have good quality of security, i assume so because i'm using them.
And I use it aside from redundant ads, I find most things safe, and even if there is a security incident, I'm not sure who will stand out to protect users outside of the government. They equip themselves with skills to protect their personal information.

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March 26, 2023, 07:52:55 AM
Last edit: March 26, 2023, 10:30:06 AM by Rikafip
 #11

Most of us keep our bitcoin and crypto in wallets stored in either iPhone or Andriod phones. Even we have an exchanges accounts app on our mobile phones.
If that is really the case, that majority of people are keeping their crypto on ther mobile phones then many are doing it very wrong. Keep in mind that malware is not youyr only cocnern when you are storing larger amounts of crypto on your mobile phone as anyone can take the phone from you and beat the shit out of you to get the access once he realized that you have a mobile phone wallet. This scenraio might seem far fetched you, but these things happen.


Since,  iOS offer better security and low chance of malwares etc, is it better to buy an iphone to store our crypto or even an Andriod phone is enough for this purpose?
It doesn't make much sense to me to spend $1k+ just to be a little bit safer when you can spend less than $100 for a hardware wallet and be much safer. I am using android phone but I never have more than $100-$200 on my hot wallet as that's the max amount I am willing to risk to lose that way

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March 26, 2023, 08:17:38 AM
 #12

i think its the same. storing bitcoins on android and on iPhone will probably be the same, because basically, the storage of softwallets is based on private keys and passwords. in fact, when you use an iPhone, when other people know that, then that person will also be able to access the wallet that you have. however, I think if it's a malware problem, iPhone is slightly better than android. Besides that, the iPhone also has a system where when your iPhone is lost, you can find it more easily than Android.

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March 26, 2023, 08:46:59 AM
 #13

What's the point to compare iOS and Android, when you already know the best one to use?

I don't know which one is the best to use and therefore i have raised a question here  Smiley

Both iPhone and Android phones can be safe enough for storing Bitcoin, but it is important to choose a reputable brand and model with up-to-date security features. Also, you should make sure to use a reputable wallet app and follow best practices for securing your private keys. Therefore, comparing the security of these devices beyond this point is irrelevant, as any security vulnerabilities would likely be the result of bad software or user error rather than inherent weaknesses in the device itself.

But, to ensure the highest level of security for storing your Bitcoin, it is recommended to use a hardware wallet instead.

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Crypt0Gore
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March 26, 2023, 08:47:52 AM
 #14

IOS doesn't offer any better security and not prone to malware, you are dead wrong if you think this way, using iPhone won't safe your ass from phishing links when browsing the internet, it won't tell you that a link sent to your email is scam free.

It is the same thing with android phones too, both IOS and Android users that have crypto wallets installed on their phones need to be extra careful compared to someone who has a Ledger or Trezor hardware wallet.

You can't do anything offline on your IOS and Android apart from playing music and videos or games, you need to always turn on your internet connection and that's where the problem is when it comes to crypto wallet security.

If you are using both IOS and Android, be extra careful what you do on them, remember that the internet connection you have on the devices makes them vulnerable to scams and stealing of assets, avoid PMs with links, in emails, or connecting your wallet to the unknown platforms.

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mindrust
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March 26, 2023, 08:54:29 AM
 #15

Most of us keep our bitcoin and crypto in wallets stored in either iPhone or Andriod phones. Even we have an exchanges accounts app on our mobile phones.

Since,  iOS offer better security and low chance of malwares etc, is it better to buy an iphone to store our crypto or even an Andriod phone is enough for this purpose?

Note: We know hardware wallets are the best alternative but here we are discussing about Bitcoin is more secure in iOS or in an Andriod based phone.

Probably yes. I still wouldn't store too many coins in either of them because regardless of the OS they are using, they are both hot wallets in the end. If you want to store your coins for the long term, then you need to get an offline/cold wallet. I am not going to get into the specifics since there are many tutorials on that subject.

How much cash normally you would carry in your physical cash wallet? $200? $500? $1000? Find an answer to this question. If your answer is "$200" then this is the amount you should be keeping in your mobile device.

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March 26, 2023, 09:07:58 AM
 #16

If you are storing huge funds for the long period and somehow you can't get a hardware wallet, you can use Electrum software wallet in either an android or IOS device to store your funds, this device must be airgapped, and either new or formatted, and must never be connected to the internet, this offline device would hold the keys to your funds, and would be used to sign transactions only.

While on your second device, either android or IOS which should be the hot wallet would be used for watching only and for broadcasting transactions for your offline wallet. You can also create another hot wallet in it, with a new seed phrase, so this wallet becomes your online wallet for keeping a small amount of money, less than 50-100 usd for spending when you wish. This way you don't have to worry about the OS of the device you are using, whichever it is, you are using it in the correct way and in a safe enviroment, so the chances of you losing your money is small.

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March 26, 2023, 09:12:06 AM
 #17

iOS is safer, like it is also safe to have your wallet on a Mac device. This is because there are simply more viruses that focus on more popular systems. Even if it is not the topic you should consider storing your bitcoins on a paper wallet which is free and very secure.
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March 26, 2023, 09:23:44 AM
 #18

If that is really the case, that majority of people are keeping their crypto on ther mobile phones then many are doing it very wrong. Keep in mind that malware is not youyr only cocnern when you are storing larger amounts of crypto on your mobile phone as anyone can take the phone from you and beat the shit out of you to get the access once he realized that you have a mobile phone wallet. This scenraio might seem far fetched you, but these things happen.

Here is something we can say that iOS is more secure than Android phone. In case of a phone snatch, not only your wallets but your data is also at risk as anyone can get access to the Android phone storage. However, on the other hand, no can login in your iPhone and more importantly no one can reset it unless they have your iCloud password. But regarding the wallets, i don't think it is safe to keep them in either of the phones.


I prefer to have separate smartphone which have got only the wallets application. Only for transaction purpose I connect it to internet, rest of the time the smartphone will be offline.

Even though your wallet in your phone is not connected to the internet most of the time, it is certainly not a replacement for a hardware wallet. And it will still be considered a hot wallet that can be hacked.

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Cryptomiles1
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March 26, 2023, 11:13:26 AM
 #19

It all depends on how careful you are with your login details or private keys and seed phrase. I have been using Android phone for since I joined this forum I have never experienced any hack or breached of security on my app which I stores currencies. Likewise iOS, it's true is good to used but whenever your phone is opened to unauthorized user or who knows things about bitcoin your details might got stolen and from then your being hacked so keep your phone out of reach from your friends and don't allow your children to toil with it because whenever the phone is damage there's every possibility of you losing all your funds stored inside all less your keys were stored out of your phone to any other devices as a backup.
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March 26, 2023, 11:23:35 AM
 #20

Even though your wallet in your phone is not connected to the internet most of the time, it is certainly not a replacement for a hardware wallet. And it will still be considered a hot wallet that can be hacked.
That is not correct. If you set up a wallet on a new or formatted device that is airgapped and never connected on the internet, it has the same security as a hardware wallet, just that it is more difficult to set up and use in a safe enviroment than a hardware wallet. It isn't a hot wallet, a hot wallet is one that is used on a device that is connected to the internet.
In case of a phone snatch, not only your wallets but your data is also at risk as anyone can get access to the Android phone storage.
If you set up a password, pin or lock pattern in your android device, no one can have access to it if the phone is stolen, for the thief to use the phone, they would have to format the phone which would erase all the existing information and data on the phone. The thief would only gain access to the information on the phone if they know the password, pin or pattern to unlock it.

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