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  • July 8, 2021 9:06 AM

    ​Top 7 best bitcoin wallets for Android - detailed review


    To safely store bitcoin on your phone, you need to choose the best wallet app for Android. There is a lot of software, but preference should be given only to proven variants, well known in the community and tested by other users.

    In this article, we will tell you how to use mobile storage and what to choose.


    Benefits of a bitcoin wallet.

    A mobile wallet is just one of the ways to store cryptocurrency. It has several advantages:

    1.Transparency and easy management. As a rule, these applications have a simple interface that allows you to monitor your virtual account and transaction history.

    2.Functionality. Some crypto wallets are only for bitcoins, but most applications are multicurrency oriented: with their help, you can send and receive altcoins, such as Ethereum, Ripple, Dash, etc.

    3.Accessibility. You can get the app for free, unlike hardware device.

    And, of course, it is just convenient. Almost everyone has a smartphone, and a bitcoin wallet on android allows you to manage your assets anywhere and at any time.


    Which bitcoin wallet is better for android?

    Here are seven good options with the main advantages and disadvantages - review and make your choice.

    Zengo

    The main advantage of this online service is a special encryption method: some data is stored on ZenGo servers, while the other is stored on your smartphone, which makes the platform difficult to hack.

    Additional security settings include fingerprint scanner and facial biometrics. Besides the storage, it is possible to sell and buy coins, but the service charges a commission for these operations.

    Jaxx Liberty

    A popular multi-currency digital wallet. The app displays asset prices in real-time, but sometimes the information is updated with glitches - this is the main disadvantage.

    Also supports the currency exchange option.

    Samourai

    Samourai is still in development, but is generally functional and has been tested by many traders (over 100,000 installations). You can download it on Google Play.

    The developers claim that it is almost the best option for storing bitcoin (the only cryptocurrency you can work with here). Pros: 

    1. Keys are not stored on servers;

    2. Stonewall technology for data encryption;

    3. Ability to integrate unrelated transfers into a transaction batch to reduce fees.

    The emphasis is placed on cheap and secure deals. 

    Cons: the service has not yet been finalized.

    Aqua 

    Simple storage without multi-signature, in addition to bitcoin it also supports Tether and Liquid Bitcoin. The main advantage is the simple interface, in which you can not only store cryptocurrency but also buy it.

    Mycelium

    An old Bitcoin storage app that is in demand among investors and traders, with over 1 million downloads on Google Play. It supports not only Bitcoin but also Ethereum and ERC-20 tokens. It uses cold storage technology.

    Blockstream Green

    Android Wallet Bitcoin with open source code. It is enough to save a mnemonic phrase to start working, the absolute benefit is the support of the Russian language in the interface. 

    The features of the wallet are also compatible with Ledger Nano S and nano X hardware storage, as well as Trezor.

    Edge (AirBitz)

    BTC wallet for android, which you can use to store, buy and sell cryptocurrency. A total of eight digital assets are available in addition to BTC.

    User data is not stored on the servers of the developer, login by facial biometrics and fingerprint is maintained. The only disadvantage is the possible delays in currency exchange within the application, which some users complain about.


    Conclusion 

    Using a bitcoin storage app on android, keep security in mind. This option is not suitable for large sums and long-term accumulation, as there is always a risk of hacking and theft - even in most private programs.

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