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Best Bitcoin Wallets for Android

As the use of bitcoin becomes more widespread, users need to be more familiar with bitcoin wallets than ever before. Since most people use smartphones, mobile wallets have a special place for bitcoin, and because the Android operating system has the largest number of users, in this article you will get to know the top bitcoin wallets for Android.

 

What is a digital currency wallet

In simple terms, far from the technical basics, a digital currency wallet is hardware for storing digital assets or software that you install on your mobile phone or PC, with which you can send, receive or store digital currency.

Technically speaking, a digital currency wallet is a software or hardware that contains the private and public key of the blockchain. These keys are used to prove ownership on the blockchain and to record the transaction message on the network. You need to use your wallet to exchange or keep bitcoin or any other digital currency.

Bitcoin wallets have different types that can be used on different platforms. The most important types of wallets are:

  • desktop
  • Online (web-based)
  • hardware
  • Paper
  • Mobile

Follow us on to introduce some of the most popular bitcoin wallets for Android.

 

7 Bitcoin premium Android wallet

Bitcoin mobile wallets are applications that are installed on a mobile phone and are provided by developers under different names depending on the mobile operating system.

Due to the widespread use of mobile phones in everyday activities, mobile wallets are also rapidly expanding today.

You have a lot of options for choosing the Bitcoin Android wallet. Just search the word “Bitcoin Wallet” in the Google Play Store to get a long list of bitcoin wallets.

When choosing a wallet, consider the parameters such as credit, acceptability, security, user-friendliness and the possibility to use it in different countries.

The wallets we present below are highly secure and acceptable, store private keys on the phone itself, and have no risk of embargo or blocking.

 

1- Coinomi Wallet

Coinomi is a popular wallet for various digital currencies that covers more than 500 coins and tokens, including bitcoin. Coinomi is one of the most popular and safest Android wallets for Bitcoin.

This wallet has an easy-to-use interface so that newcomers and those not familiar with digital currencies can easily use it.

Coinomi is secure and free, and you can use it without worrying about the security of your digital assets.

Besides, Coinomi is a versatile wallet, allowing users to do so directly through the user interface without having to send digital currency to traders.

  • Strengths:
  • Being user-friendly
  • high security
  • Applicable to various platforms (non-Android)
  • Supports a large number of digital currencies
  • weaknesses:
  • Not being open source
  • Google Play Score: 4.4 out of 5

 

  1. Bitcoin Wallet

The “Bitcoin Wallet” is one of the first Bitcoin wallets for Android released in the year 2013. This wallet does not have the complexities of some other wallets such as mycelium and its interface is designed very simple.

Backing up this wallet is easy, but unlike most wallets that offer a 12 or 24-word backing string, the way backing up to bitcoin wallet is a bit different.

Bitcoin wallet connects directly to the Bitcoin network using SPV technology. SPV, or “Simple Payments Verification,” uses a third-party service to receive information instead of downloading the entire blockchain.

  • Strengths:
  • Being user-friendly
  • Open-source
  • high security
  • weaknesses:
  • No Tor support
  • Lack of 12 or 24-word backup (BIP39)
  • Google Play Score: 4 out of 5

 

  1. Mycelium Wallet

Mycelium Wallet is one of the most used and secure wallets that only supports bitcoin digital currency. Important features of this wallet are its high security, high reliability, long history, and easy interface.

Mycelium allows the user to greatly personalize their wallets and also performs operations on hardware and paper wallets.

Perhaps at first glance, the disadvantage of this wallet is that it does not support altcoins. But keep in mind that if a wallet supports a large number of digital currencies, it will become a more attractive target for hackers.

  • Strengths:
  • Open-source
  • High security
  • High reputation and popularity
  • Possibility to connect to a hardware wallet
  • Possibility to spend paper wallet
  • BitPay payment gateway support
  • weaknesses:
  • Inappropriate for novice users
  • Lack of support for other platforms
  • Google PlayStore Rating: 4.1 out of 5
  1. Electrum Wallet

Electrum is one of the safest bitcoin wallets for Android, but it still has a very simple look. Since Electrum offers many options to its users, it is suitable for both beginners and professionals alike.

The clone version of Electrum is available for several other digital currencies, including Litecoin, Verge, Dash, etc., but is officially only available for development by the Bitcoin development team.

  • Strengths:
  • High credit
  • Low commission
  • Support for non-Android platforms
  • Open-source
  • weaknesses:
  • Lack of altcoin support
  • Reports of problems on some devices
  • Google Play Score: 1.5 out of 5

 

  1. Trust Wallet

Trust is a multi-currency wallet owned by Binance, the major Chinese currency exchange. This wallet is one of the most popular digital currency storage platforms and one of the best bitcoin wallets for Android. Perhaps the most important advantage of Trust is its simplicity and user-friendliness.

With this wallet, you can access currency exchanges such as Coinbase, Shapeshift and Changelly.

The decentralized in-house currency exchange of this bitcoin wallet also allows Android users to exchange different coins. Other features of this wallet include decentralized in-network applications.

  • Strengths:
  • Full control of private keys by users
  • Using a decentralized currency exchange to exchange coins
  • Access to decentralized applications
  • The third generation web access
  • Local installation and without application server interference
  • weaknesses:
  • Lack of multi-signature capability
  • Not being open source
  • Failure to support two-step authentication
  • Google PlayStore Rating: 4.6 out of 5

  1. Atomic Wallet

The Atomic Wallet is a secure, anonymous, decentralized wallet that has a beautiful user interface and covers more than 300 coins and tokens, including the ERC20 tokens (tokens that lie on the Ethereum blockchain platform).

Atomic Swaps technology is a special feature of the wallet that allows users to buy and sell coins and tokens without the need for other intermediaries (such as currency exchanges). This technology is an important step to decentralize digital currencies in the real sense. In addition to decentralization, this technology will significantly reduce transaction fees.

  • Strengths:
  • Using Atomic Swaps technology
  • Low fees
  • weaknesses:
  • Some technical bugs reported by users
  • Google Play Score: 4 out of 5

  1. Exodus Wallet

Exodus is a multipurpose, user-friendly wallet. In addition to Android, this wallet also supports other platforms including hardware wallets. Exodus can be connected to the Trezor hardware wallet.

Exodus is suitable for both novice and professional users. Internal currency exchange is another attractive feature of this wallet, but the fee for using it is high. One of the top benefits of this wallet is full-time, powerful customer support.

  • Strengths:
  • Being user-friendly
  • Internal currency exchange
  • Strong support
  • weaknesses:
  • Not being open source
  • No two-step verification feature
  • High fees for internal currency transactions
  • No multi-signature capability
  • Google Play Score: 4.7 out of 5

 

Conclusion

As we said, bitcoin Android wallets provide easy and secure ways to store bitcoins. Depending on your preferences and your level of familiarity with digital currencies, you can download and install your appropriate wallet.

To reduce the risks of using Android wallets, be sure to:

Always set a security password for your wallet, or use fingerprint sensors to access your wallet software if your phone supports this feature.

Never store large amounts of digital currency in software wallets. Use hardware wallets such as ledger and Trezor to hold large amounts of digital currency.

Write down the 12 or 24-word seeds on a paper for recovering wallet information and keep it in a safe place. Always get a backup from your wallet.

Remember, not every wallet available on Google Play is approved. Malware may have been uploaded by fraudsters to Google Play. So be careful about selecting the wallet and note that the wallet you are downloading is exactly the official version you are looking for.

ExPay 24 provides safe and secure services in the shortest time possible. Our services include exchanging cryptocurrencies such as Ethereum, Ripple, Tron, Bitcoin, Tether, Monero and Litecoin to Matercard, Google Play, Webmoney, iTunes and also other various services. Your orders will be placed 100% automatically. Contacts us for more information.

 

About Jude Savage

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