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Author Topic: Be careful of mobile wallets that holds private keys  (Read 40561 times)

Offline Churphans

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Re: Be careful of mobile wallets that holds private keys
« Reply #45 on: March 07, 2021, 11:57:56 PM »
Myethereumwallet website wallet is very risky because it holds private keys but myethereumwallet android apps very much secured. One can undoubtedly use myethereumwallet mobile apps.

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Re: Be careful of mobile wallets that holds private keys
« Reply #45 on: March 07, 2021, 11:57:56 PM »

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Offline Master107

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Re: Be careful of mobile wallets that holds private keys
« Reply #47 on: March 10, 2021, 04:33:56 AM »
Use some mobile wallets which are top ranked and so much trust worthy. Avoid non reputed mobile wallet address which is secured by privet key.

Good reviews helps to have confidence to use any wallet that recommended by crypto enthusiasts. Of course the protection still in the owner's hand to keep it safe and not compromise by entering into phishing sites. Be careful is always necessary.

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Re: Be careful of mobile wallets that holds private keys
« Reply #48 on: March 12, 2021, 03:43:19 AM »
You are right that the most important thing when using a mobile crypto wallet is to keep the private key of the wallet safe. I think if you keep your wallet's private key safe, your wallet will be safe. So it is most important to keep the private key safe. It is one's responsibility to keep one's private wallet safe.
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Offline Pluto25

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Re: Be careful of mobile wallets that holds private keys
« Reply #50 on: March 13, 2021, 08:06:22 AM »
Even if we control the private keys, make sure that we choose trusted wallets. Never choose a wallet with a bad reputation.
I don't believe myethereumwallet private keys website wallet because several months ago I already lost my myethereumwallet website private keys and more than 2300 dollars worth of assets lost.

Offline EAA-ALLAH

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Re: Be careful of mobile wallets that holds private keys
« Reply #51 on: March 14, 2021, 04:08:46 AM »
All of us who have different wallets with mobiles will be careful to keep the private ones of those wallets in a very good place.  So that no one can hack this private. We will put it in a very good place in advance.

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Re: Be careful of mobile wallets that holds private keys
« Reply #51 on: March 14, 2021, 04:08:46 AM »


Offline Zed0X

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Re: Be careful of mobile wallets that holds private keys
« Reply #52 on: March 17, 2021, 06:48:00 AM »
Myethereumwallet website wallet is very risky because it holds private keys
WRONG. Please be careful with spreading blatant false information like this. MEW (web version) is one of the pioneers of non-custodial wallets. They DO NOT hold private keys or seed phrase.

~
I don't believe myethereumwallet private keys website wallet because several months ago I already lost my myethereumwallet website private keys and more than 2300 dollars worth of assets lost.
Your private keys are your own responsibility. It's the essence of taking control of your own money. Similar to your house keys, you do not give that to your neighbor or a stranger to keep your household belongings safe.

Offline Zero0

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Re: Be careful of mobile wallets that holds private keys
« Reply #53 on: March 17, 2021, 09:41:11 AM »
The most important thing when using a mobile wallet is to keep the private key of the wallet safe. So for those of us who use crypto wallets, the most important thing to keep your own wallet safe is to keep the private key of the wallet safe. If the private key of the wallet is safe, the wallet will also be safe.

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Re: Be careful of mobile wallets that holds private keys
« Reply #54 on: March 17, 2021, 09:51:39 AM »
The biggest problem with mobile wallets is almost always the same, the use that the user gives them. As a general rule, wallets are safe, they always have things to update and improve, but security is always present. Install unknown applications, save sensitive information on your mobile in plain text, take screenshots ... The most common things are the ones that put security at risk the most.
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Re: Be careful of mobile wallets that holds private keys
« Reply #55 on: March 17, 2021, 11:27:11 PM »
Myethereumwallet website wallet is very risky because it holds private keys but myethereumwallet android apps very much secured. One can undoubtedly use myethereumwallet mobile apps.

ether wallet website https://www.myetherwallet.com/ i think if safe
but always check original  site not phising site
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Offline Miracle

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Re: Be careful of mobile wallets that holds private keys
« Reply #56 on: June 02, 2021, 10:34:56 AM »
Is not advisable to make use of mobile wallets that holds private keys because they have asses to your funds they can just decide to swipe everything in your wallet I mean to remove everything in Your wallet and there is nothing You can do about it. We all know mobile wallet are used to secure or keep the keys of the wallet save but Wat if they take advantage of that. It is better to us and save your funds in an personal wallet

Offline CryptoStar19

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Re: Be careful of mobile wallets that holds private keys
« Reply #57 on: June 13, 2021, 02:01:29 AM »
We are disappointed to hear that (to quote it) "using our wallet is bad". We can definitely state that we receive overwhelmingly positive feedback, both in our regular customer requests and public reviews. It perfectly shows that our customer service is efficient.
Getting to the main point:

Our wallet is custodial and we thus do not share PK with the individual wallet addresses.
However, should you have any concerns or queries, we are always ready to address them in public and provide you with the best solution possible.
The point is you have complete control over other people's funds and that you can withhold them at anytime. The only way users can gain access again is by undergoing KYC procedure. That's something crypto exchanges do and not wallets.

I completely agree with the concern here, but just wanted to point out that when one makes a deposit at a reputable bank, the bank technically controls the person's money 100% and can steal it if they chose to... however Crypto was invented to circumvent this central authority and so ultimately, yes, the takeaway point is "not your keys, not your wallet".

Offline raisajahan

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Re: Be careful of mobile wallets that holds private keys
« Reply #58 on: June 13, 2021, 07:40:01 AM »
Crypto currency is the best investment platforms where digital asset storing wallet need to secure. So be careful of usiing mobile wallets that holds private keys it is sensitive because if any one can get your private key he or she may be able to withdraw all your funds without any notice. Also hackers are always find to get private key they use different technique for getting different people asset to their own. So be careful of using mobile wallet.

Offline Crypto_lover

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Re: Be careful of mobile wallets that holds private keys
« Reply #59 on: June 16, 2021, 04:50:52 PM »
To be truthful,The best Crypto wallet to use is Cold Wallet what is an offline wallet.You can also check Paper wallets too.It has high security and very easy to store Crypto assets.But my suggestion, don't use Hot wallets( software wallet) because they can be hacked or stolen by the scammers.
To know about the hot and cold wallets and which one is perfect for you, Can check this Article

 

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