Mobile Cryptocurrency wallets are software wallets that you can download and install in your mobile phone. Mobile wallets have become popular because they are easy to use and enable people to pay for different products and services in their favorite virtual currencies. Finding the best software for your Android or iOS device is a daunting task. However, don’t worry as we have prepared a list of the top mobile wallets.
Jaxx Mobile Wallet
Jaxx is one of the best mobile wallets as it is available on Android and iOS phones. If you deal with different Cryptocurrencies, you’ll have no difficulty storing your coins in this multicurrency wallet. The app supports various altcoins that include Zcash, Ethereum, Litecoin, Bitcoin, and Dash among others.
Decentral Inc., the leading blockchain company in Canada, developed this software in 2014. The wallet has very intuitive UI that’s extremely helpful to those not familiar with Crypto wallets. Converting one token to another in the app is possible thanks to services such as ShapeShift. If you are a Crypto investor, this feature will give you many options and freedom to make important decisions on the wallet.
Edge is another beginner-friendly multicurrency mobile wallet. Some of the coins you can store in this app include Cardano, Litecoin, Ripple, Ethereum, Bitcoin etc. The wallet has an easy-to-use interface that makes it ideal even to those just beginning in Cryptocurrency.
Edge is also secure given that it supports 2-FA. ShapeShift integration enables users to convert between different coins fast. Soon American and European Crypto traders will be able to use a third party API called Glidera to purchase and sell Bitcoin directly using their wallets.
Infinito is another awesome multicurrency Cryptocurrency wallet for Android and iOS mobile devices. The wallet supports the storage of some popular altcoins such as DASH, LTC, ETH, BCH, and BTC among others. Not many wallets support ERC20 tokens, NEO’s NEP5 tokens, and other major virtual currencies such as this software.
In terms of security, Infinito allows the end user to own and store password and passphrase. Although it lacks 2FA feature, the app supports biometric verification features such as fingerprint verification making it even more secure. The wallet also has excellent customer support.
Coinbase Cryptocurrency wallet was launched this year and is available on Android and iOS devices. The wallet is a standalone entity different from Coinbase exchange. Although the wallet does not support Bitcoin, you could use it for other Cryptocurrencies. Coinbase wallet also supports other third-party wallets thereby enabling the users to manage their funds in the other wallets.
However, Coinbase is a hosted wallet that will store your funds and keys to its servers thereby making it a hacking target. Luckily, given that it is a well-fund U.S.-based firm, it dedicates enough resources to maintenance of its security system to ensure your data is protected. Furthermore, it supports 2FA making it even more secure.
Mycelium is regarded as one of the top Bitcoin mobile wallets in the market. The wallet has been around for longer than most of the other apps. The software is available in both Android and iOS mobile platforms. Given the many features on this wallet, beginners may have trouble when using it.
Mycelium mobile wallet supports only Bitcoin. However, users can switch back and forth from the Cryptocurrency to regular fiat currency such as euros, dollars, etc. The wallet has integrated other services such as hardware wallets like Ledger and Trezor to enhance the experience of their customers.