One of the great features of Bitcoin is its portability. As long as you have access to the private keys you can spend your Bitcoin whenever and wherever it’s accepted. Bitcoin mobile wallets were designed so that you have access to your Bitcoin as long as you have your mobile device with you – which for most of us is always. These lightweight apps unchain you from the need of having access to a computer to send and receive Bitcoin. Of course they are designed to be secure, but like the desktop Bitcoin wallets they are only as secure as the device they are installed on. Because mobile devices are always at risk of being infected with viruses or malware, and are open to hacking it’s best you only store a small amount of Bitcoin in your mobile wallet, and keep the bulk of your Bitcoin savings in a secure hardware wallet.
Below are just a few of the mobile wallets available for storing, sending and receiving Bitcoins.
Bread was designed to protect you from malware, browser security holes and even physical theft. As the first stand-alone mobile Bitcoin client, you can connect directly to the Bitcoin network, with no third party servers involved that could lead to your coins being stolen. In addition to Bitcoin, there are also plans for support of Ethereum, Bitcoin Cash, and Ethereum-based tokens all within your Bread, as well as a future loyalty rewards program – a first for Bitcoin wallet.
Mycelium was one of the first mobile Bitcoin wallets, and is still a favorite among experienced Bitcoin users. It supports many advanced features such as cold storage spending, watch only account, additional privacy through Tor, and supports hardware wallets such as the Trezor and Ledger Nano S. Future plans include support for fiat currencies and a debit card linked to your Mycelium wallet, among other things.
Bitcoin Wallet (Android)
Bitcoin Wallet is one of the easier mobile wallets to use and is ideal for those new to Bitcoin. It was the first mobile wallet for Android, and remains dedicated to that operating system. Bitcoin Wallet prides itself on its de-centralization and zero trust; no central service is needed for Bitcoin-related operations.
Airbitz has always set itself apart from other Bitcoin wallets by focusing on client side security that is not only incredibly private, but also familiar and accessible. With that in mind they have recently rebranded as Edge and now have an even greater focus on client side security. Airbitz has been a favorite of novices and power users alike, enabling anyone to control their digital assets without us or any 3rd party having access to their money or private information. The new Edge Wallet will ship with support for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Augur REP, Wings, and Matryx tokens. And it will also be integrated with ShapeShift for seamless conversion of token types. You can sign up for the Edge Wallet beta here.
GreenBits is a native Android Bitcoin wallet for the GreenAddress wallet service. This wallet provides security, privacy, and a great user experience. It features multi-sig capabilities, paper wallet backups, 2-factor authentication, instant transaction confirmation, and support for hardware wallets such as the Trezor and Ledger Nano S.
Simple Bitcoin (Android)
Simple Bitcoin is a standalone wallet for Android devices which does not depend on any centralized service and gives you full control over your precious Bitcoins. Here are some reasons to use it. It’s a single-page application which allows you to store your Bitcoins securely and transfer them easily. It is an HD wallet which means your balance and full transaction history can always be restored using a single mnemonic code should anything bad happen to your device. This wallet is lightweight and blazingly fast. It works well even on a slow internet connections. Wallet data is encrypted and password-protected.
The Coin.Space wallet is a free Bitcoin, Litecoin and Ethereum wallet, which you can use to make worldwide payments for free. Because it supports Bitcoin, Litecoin and Ethereum it’s an ideal wallet for Coinbase users. Complete control of your finances for your iOS or Android mobile phone. Take your Bitcoins with you on your phone. It’s cheap. It’s transferable. It’s fast. It’s not owned by a company. It’s secure. Be your own bank with CoinSpace.