The Mycelium Wallet is an Android Bitcoin wallet packed with advanced privacy and security features. It is one of the most popular mobile app bitcoin wallets and one of the highest ranked on Google Play. Mycelium is open source hence users are able to check for any software bugs. In addition, it is always being upgraded hence it’s almost impossible for the developers to include any malware that can steal your BTC.
The user interface is simple with buttons for send/receive BTC as well as an option for scanning QR code while sending BTC. There is a built-in address book to allow you to make payments.
There is a settings section on this wallet with different features. One of these allows you to set a PIN which is a requirement for the wallet to open. They have also added a BCH Module which allows you to receive BCH, transfer and also exchange to BTC.
Mycelium does not have a desktop version but can be used with hardware wallets such as Trezor and Ledger Nano S.
- Electrum Bitcoin Wallet
Electrum is also one of the most popular Bitcoin wallets. After you download the wallet, a 12-digit seed comprising random numbers is generated. You must write down this since you will need it to restore your wallet in case something happens to your phone. You can export your BTC to another wallet is you wish using your private key.
Just like Mycellium, this wallet also has an allocation for a 6 digit PIN. However for Eletrum, this PIN is required to confirm payments. The wallet has a desktop version therefore you can set up a watch only wallet on your phone. This only allows you to view your balance and receive BTC.
- Bitcoin wallet
Bitcoin wallet is quick and easy to set up with simple user interface. One of the benefits of this wallet is that it informs you what the transaction fee will be for all your transactions.
The wallet is free and open source allowing continued upgrades to the features. It is also one of the oldest Android wallet apps to be created hence it is very popular in the blockchain space.
Once you download the app, you can start using it instantly without setting a PIN or writing down the seed. The wallet contains a handy address book which keeps track of your favorite payment destinations.
The wallet displays your current balance in millibitcoin and your local fiat currency by default but allows you to change these to your preference. In addition, the app supports scanning of private keys of a BTC paper wallet to empty it and add the BTC balance to the wallet app.
- Bread wallet
Bread is one of the simplest Android Bitcoin wallets. Its has a user-friendly Graphic User Interface which is encouraging for newbies in the crypto market. The basic send/receive features are simple to use and get accustomed to.
The wallet is decentralized and connects directly to the blockchain by use of a securely generated 12-word paper key. Your money will be secure at all time since there are no accounts, passwords or a serve which can be hacked.
Airbitz describes itself as the easiest to use and easiest to secure of all Bitcoin wallets. It is an open source wallet with advanced features which are aimed at supporting adoption of Bitcoin. One of their features is a display of merchants accepting BTC around you or places you can buy discounted gift cards with BTC.
The wallet has an automatic client-side encryption that ensures bitcoin keys are encrypted and protected from malware at all times. The decentralization feature allows connectivity to countless bitcoin nodes therefore the wallet will function even when Airbitz serves are down. These two features further increase the security of you BTC in the wallet.
- Samurai wallet
Samurai is an Android bitcoin wallet that is focused on privacy. As a user of this wallet, your funds are secure, your transactions are private and your identity cannot be disclosed.
The app is constantly being upgraded to offer users with better services and tweaked sending algorithms to provide the most private sending service possible. In addition, the wallet fully supports Segwit either in compatibility mode or native mode (bech32). Users therefore experience lower miner fees by using the wallet.
Copay is a secure multisig wallet which allows you to secure your BTC and avoid third-party accounts. Your wallet can have multiple users just like a joint account. In order for funds to be transferred, the owners of the account need to approve the transaction. Therefore you can share a wallet in a simple secure manner.
The Copay wallet also stores multiple distinct bitcoin wallets and allows users with privacy concerns to keep funds carefully separated. Additionally, one user can have their personal, business and test-net wallets in the app and be able to manage them securely and easily.