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Peter pan

Is online wallets safe?

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On 10/29/2019 at 11:37 AM, Sunjina said:

Yes ,online wallet is safest way to store money. It must be depend on your use.if I safely use it like your user name, key ,password just you j know all and k give this very strongly and you locked your profile and offline it ,it will  very safe.

Keep in mind. Storing your coin or fund in the online wallet is not the safest option. A cold or offline wallet is the most reliable. However, you must be very careful in managing your private key.

On 10/29/2019 at 12:04 PM, vincent725 said:

Its safe to store in an online wallet if you where the only one who can access it. You must avoid lending your online wallet to others to avoid stealing. 

What do you mean by lending a wallet?

12 hours ago, reblamon said:

It seсure until аnd unless thе supplier closes dоwn it's оperаtiоn аs аt that point yоu won't be able to get tо until аt thаt point yоu'rе  sесure as yоu hоld your privatе kеy.

That's why you have to choose a trusted online wallet company and proven to be sustainable in running their business. Coinbase is the most trustworthy in terms of security and sustainability.  

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On 11.10.2019 at 3:20 PM, Damayhem said:

No...No....No.....No unless you own the priv keys that you prob never will you are not in control of your coins same with exchanges "hacks" lets see how many small exchanges last after xmas lol 

Never keep coins on exchange's dont trust them and online wallets are the same just google the proof its there

 

There is some truth in your comment. So private keys are very important. But there are wallets online, such as Blockchain Wallet, which is completely secure. I have been using it for several years and have never had any problems with it. It has never been hacked

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no they are not safe they are good for making transactions but if someone wants to store any coins he can rely on hardware wallets instead and keeping money in multiple wallets decreases the risk of being hacked and losing a lot of money

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Online wallets is safe but it need more of your efforts to keep it safe, but offline wallet is more secured safe cause no one can have acces to hack you.


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I think online any thing ks not safe any thing could be happend.Now a days hack attacks are more frequently and large scale.Avoid attachment of aocial account to wallet is best thing for you.Make off line wallet is best .

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Not really safe.

Do you know the case of Crytopia, that will happen if you use a web wallet or exchange to store all of your asset/coins. Just download the wallet went you can control the seed.

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On 10/22/2019 at 2:49 AM, Sulaiman said:

honestly speaking , i've never used any type of wallets, but any one tell me which wallet is best for me? to puting my all money on it . i want to save my money.

You should create a blockchain wallet, it's long-standing and reputable, I've used it to hold bitcoin. In addition, you should also refer to trust wallet, it is a product of Binance, very safe and supports many popular tokens.


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All you have to do is save the site address to the browser bookmark and always exit after we finish using it. Always check at all times about the latest information that they publish

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I think Yes online wallet is safe now a days because many online wallet website is use step to verification with your cellphone number. and these security is so much Best. 

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If they store private keys and have acces to them then is not safe and also is not so safe as a wallet which give private keys in off-line mode so people should search for off-line or hardware wallets. 

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Well, for smaller sums of money, why not? we can look at them in two different ways. First of all, online wallets are fundamentally custodial solutions, and secondly they're run by a private company. Therefore we might conclude that they're just as good as the people behind them.

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the trusted one's like MEW, blockchain etc.. are safe but the safety things always it depends on the users how he secure his PC and his own accounts and passwords 

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in my opinion online wallet is very safe, because I have tried using online wallet, online wallet has a code so that our wallet is not easily known by people.

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4 minutes ago, murder said:

Nice post , my opinion with blockchain.info it is secured but still no matter how secured it is as long as there are intruders who are wanting to target a site.

For sure they can do something about it same goes applies with coinbase. We cannot say what can happen, but hackers are everywhere.

If you wanted to store your bitcoins safely, just buy your own hardware.
 

Agree with that. It is the best not to rely on anyone else for storing your money. Hardware wallets are the safest bet, even cell phone wallet is better then storing funds on online wallets or exchanges.

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On 10/8/2019 at 9:33 AM, 1millionClub said:

No they aren't. Don't put there more coins than you could afford to lose. No matter how secure they seem to be, Those online wallets can always get hacked. Sometimes it is not even a hack. It is an insider job.

What about the blockchain.com online wallet, do you think it is not secure it, from what i see blockchain is one of the most trusted company, they just bored me with their KYC recently, which is optional but sucks.

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On 10/8/2019 at 4:26 AM, Peter pan said:

It depend on which type of security of your wallet, example blockchain in log in you enter user ID which is generated randomly and not user name.

Yes i agree that it really depends on which you'll use. In order to avoid such risks, activate your authentication. As of now, i'm using a bitcoin wallet. 

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No not even Blockchain com's online wallet is safe. No online wallet is entirely safe whatever long or hard the password maybe if an attacker gets access to the server of the wallet then you're doomed. you should never use online wallets.

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14 minutes ago, Zahra said:

Multil coin is not that bad a to use  is a good advice if you can save your funds in two wallets to avoid loosing all

I store not only on wallets but also on exchanges. I store on 2 online wallets and one cold wallet. It keeps on several exchanges because I trade there. But it is very worrying to keep them on the exchanges. If it weren't for the large number of altcoins, I wouldn't have kept it on the exchanges

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For me. It depends on the website, application, or platforn that you will use, for me you must use the one who has a good reviews for you to be safe

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I think online wallet is safe but not the at all online wallet is safe for finding a safe wallet we need to do more research and take some advice for our senior.

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It depends, if you have good security then it can be safe but not all the time. Hackers nowadays are very smart that even a very secured wallet can get stolen.

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There are many bitcoin wallets that allows you store key's securely. but one thing to keep in mind is that is online web wallets are technically unsafe because you dont have access to the encryption keys as you are relying on the online web surface. 

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No, online wallets are never safe. As the site is holding your coins and what ever they want can do with your coins. And online wallet can be hacked anytime, you can do nothing about that. Because you dont have the private keys for the wallet address.

Edited by Aceventura

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Most of the wallets I've used were safe. Just keep your privacy key private, and you're good to go. I'm thinking that the 2FA(two factor authentication) should be enough to keep your crypto secure.

 

If there was another way to keep it safe like an iris scanner. I was thinking this might be for someone who is extra paranoid. This would be overkill, but for the hardcore enthusiast, it should be more than enough security. 

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online wallet are not safe for bitcoin earn user because many time many people say her online wallet account hacked by hacker, when hack your online wallet than you missing your all bitcoin , litcoin , dash, ether etc. Buy bitcoin easily than you can use non online wallet.

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