Sunday, October 15, 2017

Mobile wallets for bitcoin beginners: Bitcoin on the GO

A mobile wallet is the most common type of bitcoin wallet. Running on mobile phones operating systems like Apple iOS and Android, these wallets are often a good choice for bitcoin beginners. Many are created for simplicity and ease-of-use, but there are also fully featured mobile wallets for power users.

Should i use a mobile wallet? I would certainly use one,but with the same warning as the web wallet: only in small amounts. It’s neat to carry Bitcoin with you wherever you go, and if you ever do happen upon a business that advertises they accept Bitcoin, consider buying something small as a show of support!

Here is a list of the best and legitimate bitcoin mobile wallets for beginners:





















1- MyCelium: MyCelium is so far the most popular Bitcoin wallet for Android users. It is extremly easy to use, allows you store your bitcoins, manage multiple accounts and make backups. it uses HD (hierarchical deterministic) seeds to improve security and transaction speed and offers GPS-assisted local Bitcoin trading, which basically lets you see people who want to sell or buy bitcoins in your area. It has support for many of the hardware Bitcoin wallets such as Trezor and ledger and even offers support for connecting through Tor if you would like an extra privacy.
Wallet link: AndroidIOS






















2- Coinbase: Coinbase is a good Bitcoin application running on both iOS and Android, especially for bitcoin beginners that just want to get a hang of it. It offers an easy and intuitive interface which allows you convert bitcoins into good old dollars with the tap of a few buttons. One of the best things about Coinbase is that it uses an extensive, deep verification (requiring a three-step verification) process when a user signs up, which affords it an air of legitimacy – a highly desirable feature in the world of cryptocurrency. However, it should be mentioned that Coinbase doesn’t give you access to your own private keys.
Wallet link: AndroidIOS





















3- Breadwallet: Breadwallet is probably one of the simplest Bitcoin wallets to use on your Android phone. It offers basic send and receive features so it’s not confusing for first-time users. After its iOS version success, Breadwallet has released its Android app some time ago. It offers a few remarkable features, like App sandboxing, built-in AES hardware encryption and one-button payments. It’s available for users in no less than 19 languages. An essential feature which stands it apart from other apps is that it provides a direct connection to the Bitcoin network, so there are no intermediary servers involved. While this app may not consist of some advanced features that pro Bitcoin users need, it's really extremely recommended for bitcoin beginners.
Wallet link: Android, IOS





















4- Airbitz: If you are very frequently Bitcoin user to make payments, then Airbitz is a great wallet. Its user interface is elegantly designed and simple to use and provides for users to take control of their private keys with the simplicity of running an internet banking app. As a bonus, it comes with a number of plugins that facilitates spending bitcoins.:
- Fold Integration: This integration allows you to buy Starbucks and Tartet gift cards from within the app.
- Bitrefill Integration: You can easily top up your mobile phone from within the wallet!
The app has also a built-in broker service which facilitates offering Bitcoins for purchase in EUR or USD. All in all, Airbitz is a really innovative, admirable and ambitious Bitcoin wallet that offer a variety of features covered up in a well-designed app.
Wallet link: AndroidIOS





















5- Copay: If you want access to your Bitcoin wallet across multiple devices, then Copay another great bitcoin wallet app that differentiates itself with a focus on security and cyber-theft prevention. The app safely stores distinct, multiple Bitcoin wallets, which enables privacy-conscious and business users to maintain their funds properly segregated. Simply, it means that on Copay, you can have multiple people sign off on every transaction.Like Mycelium, Copay requires you to back up your wallet, and uses the same HD-generated twelve-word system to lock down your wallet.
It also happens to be one of the first Bitcoin wallets to support the full Bitcoin Payment Protocol (BIP), a relatively recent payment protocol designed by its developers to enhance the security of Bitcoin. Copay lets the user sync with Coinbase and Gildera to buy and sell bitcoins,but unfortunately, the app does not have the ability to make local transactions like Mycelium.
Wallet link: Android, IOS

Conclusion:
As you may see, there are many choices to select from when finding the best Android wallet to match your personal requirements. If you're a bitcoin beginner who desires a great stability of simplicity and features, Coinbase is most likely your greatest bet. On the other hand, if personal privacy and anonymity are your priorities, Mycelium may be a much better . After that, for people who need extra anti-theft steps, Copay gives a great solution.

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