Top 5 Cryptocurrency Wallets for iOS in 2018

Liza Gacko
Sep 4, 2018 · 3 min read

It’s an exciting time as electronic payment is now really coming into its own, and continuing to evolve. For decades we needed to use the banking system to fulfil our needs regarding money transfers, different purchases using credit cards and so on. Luckily, times have changed since Satoshi Nakamoto’s great invention- Bitcoin. For the uninitiated, Bitcoin is a new type of asset that allows you to send money in a peer to peer way, directly to any person, while avoiding any third parties. It makes the system decentralized, reliable, and most importantly self sustainable. Understandably, financial institutions are opposed to cryptocurrency, but everyday users are actively adopting this new technology due to all the aforementioned benefits. At this point, it becomes clear that it’s important to choose the right wallet, where you can store your crypto safely and securely.

BREAD

Bread is a pioneer on the AppStore, as it was the first to have offered people a chance to use the Bitcoin wallet on their iPhones. After a couple of years of active app development, cryptocurrencies like Ethereum, Bitcoin Cash and even BRD(Bread, in-house crypto) were added to the wallet. Bread is easy to use, comprising a friendly and responsive interface, where you won’t get lost. On top of that, there’s more than just the basic security functions — the wallet uses a 6-digit PIN code and even Touch ID. If you haven’t purchased Bitcoin yet and you have no idea how to do it, then you can buy it right off the app using your credit card. It’s a very simple and convenient choice for a beginner. Unfortunately, other cryptocurrencies and ERC20 tokens are not supported.

CoinSpace

This is a technologically advanced wallet, which has lots of important functions combined into an all-in-one application. The top feature of this app is undoubtedly its security. All application files are encrypted with the strong AES-256 standard, first adopted by the U.S. government. Authentication is protected via a 4-PIN passcode, and private keys are stored on your iOS device. This wallet supports the most popular cryptocurrencies like Bitcoin, Litecoin, Bitcoin Cash, Ripple, Ethereum and 20,000 different tokens. Furthermore, if you are interested in airdropping, then CoinSpace will back you up, providing the ERC20 and ERC223 standards support. The In-built ShapeShift feature allows you to exchange one crypto with another in a matter of seconds. The CoinSpace wallet allows anonymity through the “no address reuse” function and TOR + VPN implementation. Overall, this is one of the most mature solutions on the market that definitely protects your assets.

Blockchain

This is a very simple wallet, that provides basic security features like 4-PIN Passcode, 2FA Authentication, Mobile number and Email authentication. It supports 3 main cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash. The interface is clear and very simple, so a non-tech savvy user can get used to it quickly.

It is an open-source application so the code has been audited multiple times by top engineers to ensure high security, countering threats of an attack. This wallet is a good choice when storing crypto for the long term and code gets updated very often, so your app will always stay up to date and secure.

Coinomi

Coinomi is a multicurrency wallet that supports more than 130 different types of assets. It has good exchange features, implemented ShapeShift and Changelly. These can easily help you to exchange your crypto. Moreover, there’s a Simplex payment gateway that allows you to purchase crypto directly by credit card. We also shouldn’t forget about Coinimi’s ERC20 standard support, which comes into play when you are participating in various kinds of ICO projects or are just participating in airdrops. It is also protected by password and a recovery passphrase.

Airbitz

The word “decentralization” became mainstream among cryptocurrency enthusiasts a long time ago and it means increased independence from traditional financial institutions. This application can be called decentralized as it is constantly connected to the different Bitcoin public nodes. This means that if the network fails, you will be still connected to the system. Moreover, the company developer can’t access your wallet, nor your data, thus making it even more secure. This wallet only supports Bitcoin, and it can be purchased through the various types of bank transfers available in the app. Cutting it short, this is just a simple wallet app.

Liza Gacko

Written by

Blockchain and crypto enthusiast currently working as freelancer on ICO reviews, marketing and promotion on various social platforms.