The Best Mobile Crypto Wallets
The review presents the best mobile crypto wallets - Atomic Wallet, Trust Wallet and Coinomi.
If you bought a cryptocurrency, you will have to store it somewhere. You do this not on a bank account, but in a special cryptocurrency wallet. Your private keys are stored in this wallet, so everyone knows that you are the owner of a certain number of cryptocurrencies and tokens. Then you can send your cryptocurrencies from this wallet to other addresses, if necessary.
In this article, we will look at the best mobile crypto wallets. Thus, you can be sure that you will be able to store your cryptocurrencies in one of the wallets listed below without any problems.
If you have not yet chosen an exchange for cryptocurrency trading, then we offer you the most popular and reliable Binance crypto exchange.
Atomic Wallet was launched in 2017 thanks to the ingenuity of an outstanding team led by Konstantin Gladych, who is also the founder of the Changelly exchange. Atomic Wallet is a decentralized cryptocurrency wallet that allows you to store, exchange and transfer your cryptocurrencies.
This wallet offers many unique features that make it a truly revolutionary wallet in the cryptocurrency ecosystem. It is compatible with various operating systems and supports hundreds of digital currencies.
How to use the Atomic Wallet wallet?
Atomic Wallet is very easy to use. All you have to do is create an account on this platform and you're done. Once your addresses and private keys have been generated, you can use them with confidence. Atomic Wallet uses its own OrderBook technology based on the BitTorrent protocol.
If you want to trade cryptocurrency from Atomic, you will have to work with the following services: Changelly and ShapeShift. In fact, Atomic Wallet has integrated their APIs for this purpose. Therefore, it is important to have a stable internet connection so that blockchain users can manage your balance and transaction history.
What features are there in Atomic Wallet?
Atomic Wallet combines intelligent integration and the latest innovations in the field of blockchains to simplify the management of your cryptocurrency. The Atomic Wallet team has developed features that improve the user experience with cryptocurrency wallets.
Atomic Swap function
The atomic swaps feature simplifies cryptocurrency transactions. In fact, atomic swaps work in a block chain, and the presence of a third party during transactions is not required. In addition, the costs of swaps are very low. Consequently, you no longer need to buy or sell tokens on an exchange platform that will charge a commission. Unfortunately, few coins are supported.
Simple and ergonomic user interface
Atomic Wallet was highly appreciated for its ergonomic and easy-to-use interface. It will be easy for you to navigate through this wallet and view all the available features.
Atomic Wallet implements instant exchanges offered by decentralized platforms such as Binance, ShapeShift and Changelly. This merger allows you to quickly buy or sell more than 100 cryptocurrencies through the wallet interface. In addition, you can buy tokens for fiat, especially in US dollars and euros. The purchased tokens are immediately transferred to your online wallet.
The application offers stacking of some cryptocurrencies. Here, the cryptocurrency is stored for free in a virtual vault, so you can get some of it as a reward. This is a kind of dividend or compensation for not touching your cryptocurrencies for a while. Excellentthe best way to get passive income.
See also what brokers exist with cryptocurrency trading.
Trust Wallet is a cryptocurrency wallet application created in November 2017 by Viktor Radchenko, who is also the founder of Six Days LLC. At that time, his goal was to create a wallet that combines ERC20 tokens. As of July 31, 2018, Binance acquired this company to become the official Binance wallet.
Trust Wallet is intended only for mobile users who can store, send, receive or exchange Bitcoin and many other altcoins and ERC-20 coins in it. You will also find a DApp browser that provides access to various decentralized applications (dApps).
How can I use Trust Wallet?
After the purchase of Binance in 2018, Trust Wallet immediately became the official wallet of this trading platform. Obviously, this is a decentralized exchange, and users have full control over their private keys, as well as over the entire cryptocurrency wallet.
With this mobile trading application, you can easily develop a wallet and decentralized applications. That's why blockchain developers use Trust Wallet to store multiple tokens. Trust Wallet actually only serves as a gateway between investors and various blockchains. And each blockchain provides its public addresses for encryption and storage of crypto assets.
Features of Trust Wallet
First, we must recognize that Trust Wallet is a software wallet. In this case, it is considered a hot wallet that must be connected to the Internet to store private keys.
It should also be noted that Trust Wallet is an open source application, which means that you don't need to provide basic information to create a wallet address. Moreover, you don't need to pay for wallet management.
Trust Wallet is ideal for all crypto investors who plan to store their cryptocurrencies. It is also convenient to use Trust Wallet to send, receive and exchange cryptocurrencies through a mobile application.
Unfortunately, you cannot use fiat currency in this wallet.
Mobile device support
Trust Wallet is mainly focused on mobile users. In other words, this cryptocurrency wallet can be accessed via the following smartphones and iPhones:
- Android 5.0 or higher;
- iOS version 10.0 or higher.
You can download the official Trust Wallet app from the Apple Store for iOS devices and Google Play for Android devices. However, it is not possible to use this wallet on a computer or in a browser.
At first, Trust Wallet supported only cryptocurrencies such as Ethereum and Ethereum Classic, as well as all ERC20 and ERC23 coins. It currently supports other cryptocurrencies such as Binance Coin, Bitcoin, TRON, Cosmos, Maker, THETA and Cardano. In addition, Trust Wallet supports more than 2,000 stablecoins, of which PAX, USDT and DAI are the most popular.
See also what brokers exist with Bitcoin trading.
The Coinomi wallet is one of the oldest multi-chain wallets on the market. Today it is used by millions of users around the world. This wallet is compatible with a wide range of cryptocurrencies and tokens.
Features of the Coinomi wallet
The Coinomi wallet offers many features compared to other cryptocurrency wallets on the market.
eToroCoinomi gives you the opportunity to buy cryptocurrency with a credit card. To do this, the program works together with Simplex. The functionality is safe and interesting.
Thanks to the cold stacking feature, you get rewarded by placing certain cryptocurrencies or tokens in your Coinomi wallet. We remind you that this system is valid only for blockchains working with the Proof of Stake protocol, such as Ethereum.
With the Coinomi wallet, you can convert your cryptocurrencies directly into gift cards, with which you can pay for purchases in your favorite stores. This means that you can also use a mobile crypto wallet as a real wallet.
This wallet has an intuitive, simple and user-friendly interface. It's easy to use, even if you're new to it. In addition, transactions (sending and receiving) are very fast.
Coinomi Wallet offers a high level of security thanks to the innovative protocols used. In addition, all transactions are anonymous and the app does not collect your personal information.
The risks of losing your private keys or assets are limited because the storage is done offline. Finally, we would like to note that this wallet has never been hacked in more than 5 years of its existence.
If you have any problems, you can contact Coinomi support at any time, 7 days a week. Qualified and responsive staff will answer all your questions if you have any problems with the Coinomi wallet.
Coinomi mobile crypto wallet does not charge any fees for registrationwalkie-talkie, usage or translations. However, you will have to pay a network fee, which is the commission of the miners responsible for registering transactions in the block chain. You can also set your own bids or compare prices to find the best deals on the market.
The Coinomi wallet currently supports a wide range of cryptocurrencies and tokens. In this wallet, you can store a total of more than 60 different cryptocurrencies, including Bitcoin, Cardano, Ethereum and Ripple.
Read also the article"How to withdraw bitcoins through the LocalBitcoins platform?".