When I switches phones and easily transferred my wallet to my new device, I realized the loopring app still works and updates actions on the old phone when connected to WiFi obviously. Is this a good back up plan to in case current device gets nuked in some way? Satchel.loopring.eth
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Dont answer DMs… or even post your wallet.
But yes, both phones have the key encrypted in your phone. I have a similar situation and I put the old phone in my safe and turned it off
Similarly… if someone finds that phone and accesses it, it could be a risk. So up to you