April 8

Does Android OS offer enough security for crypto users?

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The Android OS is currently the most popular mobile OS today. A favorite of mobile device manufacturers, it is owned by Google and features open-source coding, allowing for a remarkable degree of collaboration between developers.

While this flexibility has allowed Android to grow exponentially, it has also exposed the OS to several criticisms – one of these being Google’s quantity over quality approach on its app store.

And as a result, Google Play tends to be inundated with thousands of low-quality apps that function poorly or not at all. Worse still are crypto apps that trick users into paying for a useless subscription or the fake crypto wallets that outright steal your money.

Still, all these incidents don’t mean that the Android OS isn’t a secure platform for crypto users. There are lots of safe crypto wallet apps for Android if you pick from reputable lists like this one: https://blog.tezro.com/best-crypto-wallet-for-android/

And in general, Android OS is very eager to improve users’ safety. Here’s why you can trust the green android.

3 reasons why the Android OS is suitable for crypto users

  1. Google is taking steps to tighten security

In 2021, the spate of scams involving fake crypto apps had kicked Google into action because the company announced that it would be implementing stricter regulations on app developers.

These new guidelines are intended to help safeguard users and weed out scammers looking to trick users. Developers who did not comply with these regulations would not list their apps on Google Play.

While not as secure as iOS, this is definitely a positive step forward for Google Play.

  1. App permissions are a thing

One of the most valuable features of the Android OS is the option to turn on app permissions. App permissions allow you to control what an app can/cannot do. For example, you can disable access to certain features such as geo-tracking, the phone’s camera, and microphones.

And if you regularly use your phone to perform crypto transactions, then you’ll be glad to know that you can control what features apps can access.

  1. Android’s Smart Lock feature

Android’s Smart Lock feature may be one of the OS’s most underrated security features. Smart Lock allows you to ensure that your phone is automatically locked in certain areas, making it much more difficult for any unwanted individuals to access it.

How you can better protect yourself

While the Android OS can keep you safe in many instances, you cannot be entirely reliant on it as cybercriminals are always looking for ways to steal your hard-earned cryptos.

And this is why we’ve put together a few extra tips to help you stay safe.

  1. Never use public Wi-Fi

Sure free Wi-Fi sounds great, but never forget that it’s also an excellent opportunity for hackers to perform man-in-the-middle attacks. This is why you should always avoid public Wi-Fi networks like the plague.

If you do connect to it, do not use free Wi-Fi to perform financial transactions or access your crypto wallets with it.

  1. Invest in a cold wallet

While hot wallets are a convenient way to access your cryptos and make payments with them, keep in mind that they are also highly vulnerable to cyberattacks. A quick Google search will show you that there are incidents of hot wallets being hacked nearly every other week.

Hence, this should give you a good reason why you need to invest in a cold/hardware wallet. These come in the form of external devices that store your cryptos safely offline – making them impossible to hack into unless connected to a device with access to the internet.

Additionally, crypto wallets can be physically secured and locked away to give you an added layer of protection.

  1. Only use reputable wallets

When safeguarding your crypto assets, accept only the best, meaning that you should only use crypto wallets provided by reputable brands. Crypto exchanges like Binance, Crypto.com, and Gemini are all trustworthy service providers who offer their services for free.

To sum up, always remember that technology can only get you so far. When you’re safeguarding your assets, take no chances, and always practice good security hygiene.


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