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Author Topic: Be careful of mobile wallets that holds private keys  (Read 40458 times)

Offline Papusha20

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Re: Be careful of mobile wallets that holds private keys
« Reply #60 on: June 16, 2021, 05:58:06 PM »
You can open any type of hardware on your mobile.  And their security and privacy must be kept in a very secret place.  So that no one can hack in any way.  So you must keep the shave place very private.

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Re: Be careful of mobile wallets that holds private keys
« Reply #60 on: June 16, 2021, 05:58:06 PM »

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Offline Abubakar56

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Re: Be careful of mobile wallets that holds private keys
« Reply #61 on: June 18, 2021, 10:56:50 PM »
There are lot's of scam exchanges or scam wallet or some scammer will ask for you private key if any exchange ask for your private key just know that it is a scam exchange or if any wallet ask for your private key just know that it is a scam wallet never disclose your private key to anyone is for you and for your use only.

Offline Princehaydar001

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Re: Be careful of mobile wallets that holds private keys
« Reply #62 on: July 01, 2021, 10:45:14 PM »
Private keys of crypto wallets serves as the main source of recovering found in the wallets also it is the secret behind all the accets present in the wallet, therefore mobile phones that consists of this private keys need to be taken care of very well, if possible it is advisable to move the private keys to either mail for security reasons.

Offline czarinomilano

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Re: Be careful of mobile wallets that holds private keys
« Reply #63 on: August 15, 2021, 10:17:23 AM »
can you give me a suggestion which wallet is the best to store my tokens or coins, ithere is a lot to choose from but i dont know which one is best

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Re: Be careful of mobile wallets that holds private keys
« Reply #64 on: August 15, 2021, 10:38:32 AM »
can you give me a suggestion which wallet is the best to store my tokens or coins, ithere is a lot to choose from but i dont know which one is best

I understand that when someone has little experience it is difficult for him to choose a wallet for his coins/tokens, but that is something you have to decide yourself. You can look up the documentation for each wallet and install them to see how they work, so you can finally choose the one you like the most. So you will also learn many things. Use only official websites for downloads, and if you have questions you can't solve, ask us here.
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Offline sadia batool

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Re: Be careful of mobile wallets that holds private keys
« Reply #65 on: November 04, 2021, 04:03:38 PM »
You are right I am also not believing on any such apps because there are many such apps that are fake and they can steel your money so I am just writing my all private keys on my diary and its super safe.

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Re: Be careful of mobile wallets that holds private keys
« Reply #66 on: November 07, 2021, 07:01:27 PM »
You are right I am also not believing on any such apps because there are many such apps that are fake and they can steel your money so I am just writing my all private keys on my diary and its super safe.

What you do is "super safe" as long as no one has access to your diary, or that it is not burned in a fire, to give some examples of extreme cases. Private keys should always be encrypted and stored in different places whenever possible, so that we always have more opportunities to recover them, and honestly, a diary is not a very safe place to keep them, there are safer and very economical options.
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Re: Be careful of mobile wallets that holds private keys
« Reply #66 on: November 07, 2021, 07:01:27 PM »


Offline amzexpert

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Re: Be careful of mobile wallets that holds private keys
« Reply #67 on: November 09, 2021, 08:40:11 AM »
I think that if you want to store your coins in a wallet or an exchange then keep in mind that never right or put the wallet key in that place where you can easily forget. Because if you forget the private wallet key then you will lose your money. So always keep the wallet key in a safe place.

Offline dekafee79

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Re: Be careful of mobile wallets that holds private keys
« Reply #68 on: November 09, 2021, 08:54:33 AM »
"Not your keys, not your funds", that is usually the advise given to many newbies storing their assets on exchanges. Apparently, there are some mobile wallet providers that controls the private keys like FreeWallet. Using such wallet is just as bad as storing on exchanges because they can also hold your funds whenever they desire and there's nothing you can do but to comply with whatever requirements they need. Your assets may still be released but imagine the inconvenience and the lost opportunities.

it is still 100% better to use wallets where you control the private key.



I've posted a similar topic in another forum

Yes, I think we should keep password and private key. Many people loss their assets because the Mobile phone lost or damages.
If you forget private key, you will lost.

Offline elbans89

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Re: Be careful of mobile wallets that holds private keys
« Reply #69 on: November 09, 2021, 02:00:54 PM »
You can open any type of hardware on your mobile.  And their security and privacy must be kept in a very secret place.  So that no one can hack in any way.  So you must keep the shave place very private.

Yes you're right, we must keep password and private key on very private place.
Because there are many hackers and sometimes we might forget it.
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Re: Be careful of mobile wallets that holds private keys
« Reply #70 on: May 04, 2022, 10:30:44 AM »
Security is one of the main challenges in the crypto space. Every Crypto wallet has a public key and a private key. The last one is the code to your private digital vault where your crypto is stored.so keep it safe from everyone

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Re: Be careful of mobile wallets that holds private keys
« Reply #71 on: December 04, 2022, 04:45:26 PM »
Yes you are right bro i have made mistake storing private keys in my mobile storage somehow a hacker stole my keys and stole my funds from my wallet .
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