Top 10 Best Mobile Wallets
Digital wallets are electronic devices that allow users to make electronic transactions. Their revolution is changing the payment landscape, our personal experiences, and business operations.
Here’s our current list of the top 10 best mobile wallets out there…
Electrum — Software Wallet
Electrum is a fast & lightweight wallet for desktop and mobile users. It has a long list of supported features to make it one of the most flexible wallets today. It offers cold storage solutions, integration with hardware wallets (KeepKey, Nano Ledger S, Trezor), and has the ability to achieve anonymity (with Tor). On the security side, Electrum enables multi-sig support, and it’s not tied to a centralized server, so server downtime should not be an issue. Electrum is an established software wallet solution out there that warrants a try-out. The wallet also stores Ethereum based tokens, as well as other cryptocurrencies. It acts as a key to using decentralised applications on the Ethereum blockchain. The wallet does not download the entire Bitcoin blockchain. It only indexes the blockchain, and hence it’s relatively quick. It is available on the Linux, Windows, Mac, and Android platforms. By using the wallet you can sign transactions from a computer that is always offline.
Xapo
Xapo is an intuitive and secure Bitcoin wallet system that operates through a browser. It’s one of the best Android based digital wallets out there. Xapo uses offline servers that are never connected to the internet, which gives it an edge over other web based wallet systems — i.e. better security through gateway procedures. Wall Street Journal called the wallet the Fort Knox of Bitcoin. Xapo gives users everything they need in order to buy, sell, and spend bitcoins online. They also offer a debit card and free “Vault” storage. The debit card links directly to your wallet and lets you withdraw from your account at ATMs. The Company also supports a prepaid debit card system that is compatible with most PoS systems and Bitcoin ATM’s. So you can have a very secure third-party managed system, with a hot wallet, to run around with on the go that can be topped up via an internet connection.
Mycelium
With the Mycelium wallet, you can send and receive bitcoins with bank-grade security. Mycelium is an Android-based, multi-asset, cryptocurrency wallet that has been tested by hundreds of thousands of users. At the time of writing this, Mycelium had the best rating on Google Play. The Mycelium team has integrated the wallet with a variety of third-party service providers to bring new and emerging applications into a realm of usefulness that can only be achieved with native functionality and a high degree of user trust. Developers are currently integrating it with Cashila, Glidera, Coinapult, Trezor, and Ledger. Mycelium also has hardware wallets and is working to further the development of decentralized applications (Dapps). Its development team (who are constantly upgrading the software) are now working on a personal finance tool to pay your bills and manage your finances and investments. Mycelium is among the top Ethereum wallets and the best Bitcoin wallets. It is available in 12 languages, translated by volunteers.
Exodus
Exodus is a multi-cryptocurrency wallet known for its beautiful UI. As a multi-cryptocurrency wallet, you can keep your Bitcoin, Ethereum, Litecoin, Dash, and many other crypto’s all in one place. With many built in luxury features, one of our favorites is the pie like chart that shows your portfolio of cryptocurrencies. The wallet includes: Built in Shapeshift exchange, user customization, and control of your private keys. In addition, the wallet also includes a backup allowing you to keep your wallet safe and ready for later use. However, unlike many other wallets, Exodus is not open source. It’s available on multiple platforms, including a mobile experience on both Apple iOS and Android phones.
CoinVault (beta)
CoinVault is a multi-asset, multi-wallet, HD web wallet that supports Bitcoin and altcoins alike. It has a simple & straightforward user interface that makes trading and spending cryptocurrency simple. With CoinVault, users always remain in control of their private keys. Currently they support a wide array of altcoins including litecoin, reddcoin, dash, dogecoin, stratis, and many more. The CoinVault wallet is envisioned to be one of the best web wallets for cryptocurrency by the end of 2017.
Jaxx
Jaxx is a mobile-based wallet for storing digital currency and all other digital assets. It stores assets securely from hackers. Jaxx holds a wide variety of cryptocurrencies e.g. Ethereum, Litecoin, etc. Its exclusive features include; saving of the private key only on your local device and not on the Jaxx server, inability to see your holdings or funds, etc. The wallet is easy to use as it is free from rigorous transaction steps such as onboard questions, personal information, and verifications. The privacy model of Jaxx is based on the Nada privacy model. It has an intuitive interface, and it can pair across multiple devices, meaning you can use the same funds out of your phone.
Coinomi
Coinomi is an open-source, multi-asset, crypto wallet with broad support for all of the latest cryptocurrencies and tokens. You can exchange them from within the interface using ShapeShift. It supports multiple languages, and they offer a lot of security and anonymity. With Coinomi, there is no transaction tracking, no identity association nor IP linking, and your IP is filtered through their servers for extra anonymity.
Breadwallet
Breadwallet is an HD, open-source, Bitcoin wallet that lets users stay in control of their funds. Users can quickly create a wallet from within the app without providing any sort of personal information. This is a basic & straightforward wallet that is great for Bitcoin beginners on the go. They do not support two-factor authentication or multisig.
GreenAddress
Green address is available for both iPhones and Android. It offers a hierarchical deterministic (HD) Bitcoin wallet with enhanced security features and an easy login. GreenAddress enables users to access their balances and transactions without compromising security or privacy. For effective control of funds, the wallet offers two-factor authentication and multisig. Users’ private keys are also not stored in the wallet. GreenAddress also features a PIN login for users opting for convenience when using different devices.
Bcmy.io Wallet
Blockchain.My is another simple yet fascinating wallet that promises an enhanced experience for its users. The crypto wallet was built for a more open, accessible, and fair financial future. Blockchains.My is a decentralized mobile wallet developed using blockchain technology and advanced security of biometric identification systems. It simplifies the process of making payments, as well as trading & exchanging of digital currencies and gold among its users, with a real-time price monitoring facility. The wallet is integrated with Visa Debit Cards and NFC (Near Field Communication) Smart Cards to create an association between conventional financial services and the cryptocurrency market.
(Near Field Communication) Smart Cards to create an association between conventional financial services and the cryptocurrency market.
