Generating keys for cold storage using smartphone wallet

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I have an iPhone testing BreadWallet and Copay. I am wondering if it would be a good idea(safe) to:

  • 1) Reformat my phone to factory settings
  • 2) Download the hot wallet from App Store
  • 3) Disconnect from internet
  • 4) Generate seed/ key offline (possible with these apps?)
  • 5) Backup seed
  • 6) Delete app and reformat phone again to factory settings
  • 7) Use phone as normal
  • 8) Sleep safely at night?

submitted by /u/sunnymoneybunny
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $62999.04 USD  (via Coinbase)
1 ETH = $2436.46 USD  (via Coinbase)
1 LTC = $274.26 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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