Best Bitcoin wallets for Android in 2018

INSUBCONTINENT EXCLUSIVE:
If you're investing in Bitcoin, then it's essential you have the best Bitcoin wallet software, and in this guide we list the best Bitcoin
wallet applications available for Android phones and devices, allowing you to take your cryptocurrencies with you on the move.We've narrowed
down out list of the best Bitcoin wallets for Android into five trustworthy apps, and we've selected the apps that are as simple to use as
possible.However, if you do have a large amount of Bitcoins you may want to choose a wallet with more security features such as GreenBits
If you only have a small amount of Bitcoin and just want to test the water, you can get started immediately with apps like Bitcoin
Wallet.Bitcoin isn't the only cryptocurrency on the market today
If you hold any other kind of virtual currency, or would like to exchange some of your coins, you may prefer a multi-currency wallet such as
Coinomi.When picking a wallet that's right for you, whatever choice you make, we strongly suggest you stick to the ones available either
in the Google Play store or the F-Droid repository, as these are less likely to contain malware.1
Electrum Bitcoin WalletThe ultimate lightweight and portable Bitcoin walletExcellent reputationStrong security featuresOccasional issues
with QR scannerElectrum is well-known in the Bitcoin world as one of the most popular 'thin clients' for storing Bitcoins, and the Android
app doesn't disappoint
After downloading, your wallet is generated using a 's eed' of 12 random words, which you must write down
If anything happens to your Android device, you can then use this seed to restore your wallet along with your BTC
Your 'private key' is not locked in to Electrum and you can export your BTC to another wallet if you wish.The Electrum Bitcoin Wallet for
Android takes security seriously: your seed and private keys never leave your device
During setup you're also asked to create a 6-digit PIN which is used to confirm payments
If you already use the desktop version of Electrum, you can even set up a 'watching only' wallet on your phone which lets you view your
easily capture wallet addresses and send payments
To receive BTC, just tap on the 'Receive' section to display a handy QR code for others to scan
This feature is only compatible with the ZXing QR Scanner
If you use another app to scan codes, be warned that this may cause compatibility issues.2
Coinomi WalletManage and exchange all your coins in one placeSupports multiple cryptocurrenciesRestore your coins easily with backup
phraseSome users claim issues with exchanging coinsCoinomi Wallet was originally created in 2015 and has since developed a solid reputation
as a great wallet for storing not only Bitcoin but other cryptocurrencies, including Litecoin, Dash, Bitcoin Cash, Ethereum, not to mention
any amount of Ether tokens
During setup you can choose which coins to display in the handy 'overview' section which lists the current market price and value of each
currency.Like Electrum, your wallet addresses are generated using a 'master seed' of 12 random words which never leaves your device
You can use this to restore your wallet balance for all of your coins should anything happen to your device
Coinomi offers the option to set a password during setup rather than a mandatory PIN as with Electrum
If you choose not to set a password, make sure your Android device has screen lock enabled and is encrypted.Coinomi has integrated support
for exchanging different coins using either of the services Shapeshift or Changelly for a small fee
User reviews have reported occasional issues with this whereby transactions don't confirm for some time, although this wasn't an issue
during our own tests.As of January 2018, Coinomi also no longer appears to be open source
This means that it's very difficult to know if there are any undisclosed security bugs or backdoors in the software.3
MyCelium Bitcoin WalletBenefit from a Swiss army knife of privacy featuresHighly acclaimedCompatible with hardware walletsNo Segwit
supportMycelium is one of the most highly acclaimed Bitcoin wallets around
stars from reviews on Google Play.Mycelium is entirely open source, which means it's much easier to check for any software bugs, and also
near-impossible for developers to include hidden backdoors to steal your BTC.The interface is laid out in very simple fashion with buttons
to send and receive BTC as well as scan in QR codes
Mycelium also has a built-in address book for making payments.The settings section of Mycelium contains a massive arsenal of security
features
First and foremost is the security PIN which you can set so that Mycelium requests it each time you make payments
The app also supports sweeping private keys from paper wallets, as well as 'cold storage' wallets which will only display your balance, and
cannot be used to send BTC.Although there's no desktop equivalent of Mycelium, you can use it with hardware wallets like Trezor to
digitally 's ign' transactions
This makes it much harder for anyone to steal your Bitcoins.At the time of writing Mycelium doesn't support Segwit
You can read more info about what this is and why it matters here
However, this should not affect everyday transactions.4
GreenBits Bitcoin WalletSpend your Bitcoin quickly and securelyMake instant paymentsExtremely secureSetup can take timeGreenBits is a secure
and open source Bitcoin wallet
It is truly cross-platform in that as well as being available for Android, there's also a GreenAddress Chrome extension allowing you to
without needing to wait for confirmation via the Blockchain (which can take hours or days), allowing for near-instant payments
Each payment also has a unique 'hash' preventing fraudsters from spending the same coins twice.During setup, a 24-word mnemonic is created
which you can use to restore your BTC on another machine if anything happens to your Android device
The app also prompts you to set up payment confirmation via two-factor authentication.GreenBits is secured via a PIN which you create during
setup
If you fail to enter the PIN correctly three times, your wallet's decryption key will be destroyed
process might be a little intimidating for newer users who only hold a small amount of Bitcoin
The good news is that once you have secured your wallet, the interface is very easy to navigate
BTC can be sent by entering an address or scanning a QR code.5
keysWith BTC transaction fees skyrocketing at present, users may also be concerned that there's no built-in feature to manage these either
Bitcoin Wallet simply informs you what the transaction fee will be.The developer of the free and open source Bitcoin Wallet claims that its
Android app is the oldest in existence, and that it's one of the easiest ways to get started with Bitcoin.Unlike other wallets which
require you to set up a PIN or write down a seed, you can use Bitcoin Wallet immediately after installation
There's even a handy address book to keep track of your favorite payment destinations
Your current balance is displayed in mBtc (millibitcoin) by default, as well as your local fiat currency, but you can change this in the
your Bitcoins
Your private keys, which are used to send payments, are stored securely on your Android device, but there doesn't seem to be an easy way to
scanning the private key of a Bitcoin paper wallet to empty it and add the BTC balance to the wallet app.Watch the video below for a deep