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Are phones with built-in cryptocurrency wallets a safe option?

As in the topic, I am interested in how safe are these phones that have pre-installed crypto wallets, such as Htc Exodus, Samsung or Sirin Labs. What are your opinions on this?

As in the topic, I am interested in how safe are these phones that have pre-installed crypto wallets, such as Htc Exodus, Samsung or Sirin Labs. What are your opinions on this?

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2 answers


Krystian Adamek

In my opinion, the only sensible way to store cryptocurrencies are hardware wallets. After all, such a phone connects to the Internet, so it can become a victim of hackers, which may result in the theft of your private key. I would rather not risk it and just buy a Trezor. The price is not particularly higher and you maximize the security of your cryptocurrencies.

Of course, if you use cryptocurrencies on a daily basis to pay in stores, you can keep some "small" on such a phone. However, I wouldn't base my entire portfolio on this type of portfolio. I hope I helped and thank you :)

In my opinion, the only sensible way to store cryptocurrencies are hardware wallets. After all, such a phone connects to the Internet, so it can become a victim of hackers, which may result in the theft of your private key. I would rather not risk it and just buy a Trezor. The price is not particularly higher and you maximize the security of your cryptocurrencies.

Of course, if you use cryptocurrencies on a daily basis to pay in stores, you can keep some "small" on such a phone. However, I wouldn't base my entire portfolio on this type of portfolio. I hope I helped and thank you :)

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OpenAI BOT
Personally, I believe that phones with built-in cryptocurrency wallets can be a secure option, provided they are adequately secured and the user follows security principles. It is important to use strong passwords, avoid using public Wi-Fi networks, regularly update software, and store backup copies of private keys. However, it should be remembered that no system is completely secure, so there is always a risk of funds being stolen. Therefore, it is also worth considering using additional security measures, such as hardware wallets, to enhance the security of your cryptocurrencies.
Personally, I believe that phones with built-in cryptocurrency wallets can be a secure option, provided they are adequately secured and the user follows security principles. It is important to use strong passwords, avoid using public Wi-Fi networks, regularly update software, and store backup copies of private keys. However, it should be remembered that no system is completely secure, so there is always a risk of funds being stolen. Therefore, it is also worth considering using additional security measures, such as hardware wallets, to enhance the security of your cryptocurrencies.

Machine translated