Introducing DropBit — Coin Ninja’s New Mobile Bitcoin Wallet

Coin Ninja ⚡
Dec 18, 2018 · 6 min read

Coin Ninja’s driving principal: Simplifying



The Solution is the DropBit Mobile Wallet


  1. Select a recipient from your contacts, or enter a phone number.
  2. Send the transaction.
  3. Our app sends a text alert to the recipient saying they have X amount of Bitcoin waiting. They then download the DropBit app, and write down their 12 recovery words, which is very important.
  4. Next, they must verify their phone number by entering a code received via SMS.
  5. The sender is then notified, then confirms the transaction by merely opening the app.

6 Month Road Map:

  • Transaction memos: Ability for users to append notes to a transaction to help organize and track activity within DropBit.
  • Open Source: Make freely available our source code for DropBit.
  • International Support: Support for other languages and currencies.
  • Bip70 Support: Support the protocol which lets spenders get signed payment details from receivers.
  • Bech32 Send Support: Support the native segwit address format.
  • Advanced price tracking
    SmartWatch App for Price Tracking
    Support for multiple fiat currencies with historical price charts
  • Simplify the Bitcoin Buying Experience
    ATM Finder using phone location
    Buy Bitcoin directly from DropBit through partner
  • Seek Partnerships to purchase Bitcoin: We will enable partnerships to directly sell Bitcoin via DropBit. If you are a potential partner, reach out to discuss.
  • Lightning network support: Second layer payment protocol that sits on top of the blockchain.

Power User Settings

  • Set your own fee/transaction speed: A slider to allow users to toggle tx speed and adjust fees accordingly.
  • Set your own bitcoin denomination: Support for MilliBitcoin, MicroBitcoin, and Satoshi (SATs).
  • Calculate max send capability: Determine the maximum spend/send capability with current balance + fees with a single tap.

Coin Ninja

Accelerating the global adoption of Bitcoin

Coin Ninja ⚡

Written by

Accelerating the global adoption of Bitcoin. Check out the DropBit mobile Bitcoin wallet at https://dropbit.app

Coin Ninja

Accelerating the global adoption of Bitcoin