As long as your application and database are both set correctly for the 4-byte Unicode charset (utf8mb4) you should be fine. Both phpMyAdmin and modern MySQL installations deal fine with this, but if your webhost is using an older MySQL you might have difficulties (I've just tested 5.1 which does not have it, and 5.5 which does).
See https://stackoverflow.com/a/8109948/2385479 and perhaps also glance at http://wiki.phpmyadmin.net/pma/Garbled_data for some more information to get started.