What Is A Mobile Wallet?
A mobile wallet is a bitcoin wallet that runs on a mobile device such as an iPhone, Android, or tablet. Mobile wallets are free app downloads that are capable of creating a seed phraseWhat Is A Seed Phrase? A Bitcoin seed phrase -- also called a recovery phrase, wallet backup seed, or mnemonic phrase -- is a list of 12-24 common English words..., generating bitcoin addresses, as well as sending and receiving bitcoin. Due to their low cost of entry and simple user interfaces, mobile wallets are usually the first type of bitcoin walletWhat Is A Bitcoin Wallet? A Bitcoin wallet is an app or software that enables you to send, receive, and store bitcoin. Although the term "wallet" is commonly used, bitcoin... that you will learn how to receive and send bitcoin. Since mobile wallets are on devices that are able to connect directly to the internet via WiFi and cell towers, it’s best practice to not keep more bitcoin in a mobile wallet than you would keep in your physical wallet or purse.
Why Use A Mobile Wallet?
Mobile wallets offer a nice balance between functionality, security, and convenience for both new and experienced users. Mobile devices easily fit in your pocket, have wireless connectivity via WiFi/cell towers, are equipped with cameras, and often have a simplified user interface. These features enable mobile wallets to go with you anywhere, access the internet anywhere that you have Wifi/cell service, scan bitcoin addressWhat Is A Bitcoin Address? A Bitcoin Address, or just Address, is a 26-35 character ID for receiving bitcoin. Most bitcoin addresses begin with 1, 3, or bc1 but there... QR codes, and send bitcoin transactions. They are free and easy to use which makes them the best way to learn about creating a seed phrase, generating your first bitcoin address, receiving your first fraction of a bitcoin, scanning an address QR codeWhat Is A QR Code? A QR Code, short for quick response code, is a type of two-dimensional barcode that can be read by QR scanners, smartphones, tablets, and other..., and sending your first bitcoin transactionWhat Is A Bitcoin Transaction? A Bitcoin transaction is the transfer of bitcoin from one address to another address or when new bitcoin is created. Transactions can also be the....
As soon as you’ve figured out how bitcoin works and need more features, you’ll want to learn how to use a desktop walletWhat Is A Desktop Wallet? A Bitcoin Desktop Wallet is a bitcoin wallet that runs on a desktop/laptop computer and provides the highest level of functionality for building and broadcasting.... For storing larger amounts of bitcoin, it’s best practice to use a hardware walletWhat Is A Hardware Wallet? A Bitcoin hardware wallet is a dedicated device for generating and storing private keys as well as signing bitcoin transactions in a secure offline environment.....
The Best Bitcoin Mobile Wallets
When selecting which mobile wallet you would like to use or experiment with, it can be easy to get overwhelmed with all of the choices. Some wallets may offer functionality that others do not so it’s important to understand what you are going to use your wallet for and decide which one is best for you.
Here are the best mobile bitcoin wallets that are most used and trusted by the bitcoin community.
Blue Wallet
Blue Wallet is quickly becoming one of the most popular choices amongst bitcoiners for a number of reasons. It is packed with powerful features like the ability to easily generate multiple wallets that can transact both on-chain and on the lightning networkWhat Is The Lightning Network? The lightning network is a layer 2 payment protocol that enables near-instant, low-fee, private payments on the Bitcoin network. It is intended to enable scalable,....
Blue Wallet is available on iOS, Android, and also has a desktop wallet.
Samourai
Samourai Wallet is an open source, non-custodial mobile bitcoin wallet on Android that offers a number of features designed to give users greater control over their privacy. One of these features is CoinJoinWhat Is CoinJoin? CoinJoin is a type of privacy-enhancing Bitcoin practice that groups multiple UTXOs (inputs) together and spends them with other users' transactions, making it more difficult to know..., which allows users to group their transactions together with other users in order to make it more difficult for third parties to perform chain analysis and break down user privacy by tracking who owns what addresses.
Samourai Wallet also supports BIP 47, which allows users to create a unique “PayNym” for each of their contacts. This makes it possible to send and receive payments without knowing your real identity or publicly sharing any personal identifying information.
If you are looking for a privacy focused mobile bitcoin wallet for Android, Samourai is the best in the industry.
Nunchuk
Nunchuk is a unique mobile wallet because it supports single signature transactions but it also offers multisigWhat Is MultiSig? Multisig, short for multiple signatures, is a security measure that requires multiple signatures in order to authorize and send a bitcoin transaction. It is a feature in... support. This provides an extra layer of security, since bitcoin can only be spent if multiple keys/people sign a transaction. This means that you and other signers (such as a co-owner of the wallet) would need to sign any transaction before it could be completed.
Nunchuk’s mobile bitcoin wallet is available on both iOS and Android devices. It also has a desktop wallet available on Mac, Linux, and Windows for more signing options.
Muun
Muun is a simple and powerful mobile wallet. With Muun, you can send and receive bitcoin both on-chain and on the lightning network. Part of what makes Muun so powerful is its simplicity. Muun doesn’t bog the user down with all sorts of buttons, settings, and clutter.
Muun is available on iOS and Android.
Green
Green is an incredibly powerful tool for a mobile wallet. It enables the user to harness the power of multiple signaturesWhat Is MultiSig? Multisig, short for multiple signatures, is a security measure that requires multiple signatures in order to authorize and send a bitcoin transaction. It is a feature in... (multisig) to send bitcoin. This is a unique security feature that is not found on many mobile wallets yet.
Green is available on iOS and Android as well as a desktop wallet.