Guide: Top 5 Bitcoin wallets of 2017 for Android users

If you have an Android phone, this guide is for you.. If you want to use your phone as a Bitcoin wallet, we’ve reviewed the best android wallets you can choose from.

Mobile wallets, regardless of Android or iOS, are not exactly safe places to store Bitcoins.. This is because mobile devices can be stolen, lost or susceptible to any damage.

If you are going to keep your Bitcoins on your mobile, this means your private key is stored on the device.. So if the device is damaged or stolen, you won’t be able to access your funds.. But there is a way. When you first install your Wallet app on your phone, it will print you a 12 or 24 word password.. After writing the words on a piece of paper and keeping them in a safe place, you can get your Bitcoins back in case your phone is damaged or stolen.

1- MyCelium

Mycelium has rich privacy and security features. is a popular mobile Bitcoin wallet. Wallet can be a bit confusing for beginners, but it is still one of the safest and fastest platforms on the market.. MyCelium, an open source software, is constantly updated.

The wallet has no web or desktop interface. You can only access your Bitcoins via your mobile phone.

The good news is that you can use MyCelium with a Legder Nano S or similar hardware wallet to provide maximum security for your Bitcoins.

2- BreadWallet

BreadWallet is probably one of the simplest android wallets. Breadwallet’s source code is open and there are only fairly simple “send” and “receive” options within the wallet.. On the one hand, this is pretty good for easy getting used to, but on the other hand, it deprives the wallet of any advanced protection methods.

3- Copay

Copay by Bitpay An open source multisig wallet created. Multisig stands for multi-signature, which means that it needs a certain amount of people to approve a transaction before it can execute it on the wallet.. This feature is good for security but makes it difficult to send Bitcoins in some cases. You can choose it according to your needs.

4- Jaxx

Jaxx is a new and controversial wallet. Allows you to use your wallet on your phone or desktop. Apart from Bitcoin, you can store many digital currencies such as Ethereum or Litecoin. However, the main debate about Jaxx is that it is not open source.. Recently there was a security concern raised by developers in the wallet community circle.

If possible, don’t keep large amounts of Bitcoin on Jaxx.

5- Airbitz

Airbitz is another open source Bitcoin wallet you can consider. Wallet resembles Breadwallet in its simplicity but offers other features. For example, you can find a list of many businesses that accept Bitcoin on the wallet.

Important reminders

Please keep the following in mind when using a mobile wallet if possible:

– Always set a PIN for your wallet.
-Never keep large amounts of Bitcoin in a mobile wallet.
-Keep your recovery password, which is 12 or 24 words given to you when setting up your wallet, in a safe place.

Finish It is important for your security to download the applications known as
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