Mobile phone, Android and iOS Bitcoin & altcoins wallets
What are Hot wallets?
Hot Bitcoin wallets run on internet connected devices. Smartphone Bitcoin wallets (Android, or iOS) are considered “Hot Wallets”. They are very convenient for daily use with small amounts, but aren’t considered as secure as Hardware wallets, especially for large sums that you keep for long periods of time. Mobile devices tend to get stolen or lost and can be hacked… However, if protected by a good password are relatively safe.
There is a wide selection of Android wallets since historically Bitcoin wallets were banned by Apple, so most developers worked with Android, but that is changing with time.
Here are some popular Android & iOS wallets:
Mycelium Bitcoin wallet
Mycelium bitcoin wallet is recommended for both new and expert users. It is secure, easy to use and has a lot of interesting features.
here you will find a guide that will demonstrate how to install and secure Mycelium wallet, how to send and receive bitcoins and more.
GreenAddress is an open source and user-friendly Bitcoin wallet. You can store, send and receive coins using both your mobile (Android & iOS) and desktop (through Chrome).
GreenAddress is considered one of the most secure digital currency wallets on the market and supports some of the world’s leading exchanges, such as BitStamp and Kraken. Read GreenAddress Bitcoin full wallet review.
Coin.Space is a free HD (Hierarchical deterministic) wallet. The wallet has a sleek interface and it is compatible for Android and iPhone devices. It has a secure passphrase generation. It also has a geo-location feature for transactions with nearby users. Supported coins are: Bitcoin, Bitcoin Cash, Litecoin, Ripple, Stellar, EOS, DOGE, DASH and Ethereum with ERC20 token support.
Blockstream Green Wallet
Blockstream Green has a multisignature model that uses dual private keys – one held by the user, and one by servers. This allows to enforce Two-Factor Authentication to protect your funds. It has a Hardware Wallet Support – Full integration with Trezor One and Ledger Nano S, and fee control: Transaction costs can be kept low with SegWit support and customizable fees. Multiple languages are available, including Brazilian Portuguese, Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Russian, Spanish, Ukrainian.
Electrum is One of the most popular wallets for android users. Private keys are encrypted. The wallet can be recovered from a secret phrase. You can export your private keys and use them in other Bitcoin clients. Also you can Keep your private keys offline and go online with watching-only wallet.
No registration needed for this decentralized peer-to-peer wallet. You can display your balance in Bitcoin, MilliBits or Myobits and convert to local currencies. Receive and send bitcoins via NFC, QR code or via Bitcoin addresses.
A simple Decentralized P2P iOS Bitcoin wallet that can run on cold or hot mode. Realtime price of major Bitcoin Exchanges. Private keys are protected by password. Automatically backup and recovery. You can prepare unsigned transaction for Watch Only address, and use the Cold Wallet to sign the transaction. Requires iOS 7.0 or later. Compatible with iPhone, iPad, and iPod touch.
BRD Wallet (Breadwallet)
BRD (known as Bread Wallet) is an easy to use Bitcoin wallet (Android & iOS). You are the only one who has access to your private key AKA seed phrase (non-custodial wallet). You can Buy bitcoin and ethereum with a credit card, checking account, cash, or other cryptocurrencies. Trade ethereum, bitcoin cash, and over 100 popular ERC20 tokens. The wallet also offers Segwit support for Bitcoin.
Edge, located in San Diego California, started in 2014 as “AirBitz” and initially offered a Bitcoin-only wallet. Today it is a popular multicurrency crypto wallet that supports iOS and Android users.
As a Hierarchical Deterministic wallet, it offers changing addresses per transaction. Edge offers decentralized server architecture, so the wallets work even when the servers are down. Another nice feature is Bluetooth Low Energy (BLE) to transfer funds instead of scanning QR codes.
Edge bitcoin wallet screenshots
Account creation on Edge is done using a login & password only (No user info required). This Information is encrypted on the client side/ the device, and Edge does not have access to it. Note that Edge does not give its users the usual seed phrase to memorize, but if you want you have access to it.
Edge offers an in-app buy and sell option with credit card or a wire transfer. As for security, it has automatic wallet encryption, backup, and multi-device synchronization.
Trezor or Ledger. Click here to read our Guide to Bitcoin and Altcoins wallets 2019.