What is a best digital wallet app for Android ? A digital wallet is a way of storing your cryptocurrency and other tokens in an encrypted database that only you can access.
Why do I need a digital wallet?
Cryptocurrency is best stored in an encrypted database that only you can access. A digital wallet allows users to store cryptocurrency and participate in ICOs/Tokensales, all while keeping the private keys from being stolen.
In this article, we will be discussing the 4 best digital wallets that you can use to simplify your life. We’ll cover the best android wallet apps and best iPhone wallet apps- so no matter what phone you have, there is a digital wallet for you!
One:
Mycelium Wallet – This is one of the best bitcoin mobile wallets available on Android devices. It offers a wide variety of features like QR code scanning, secure PIN entry for transactions, and an easy-to-use interface. You can store bitcoins here or convert them to fiat currency (USD). The only downside with this app is that it’s not as beginner-friendly as some other options on this list.
Two:
Copay – This is the best digital wallet for iPhone. It’s a multi-signature bitcoin wallet which means you can set up multiple accounts on one app, and access them securely with your personal private key. The best thing about this feature though is that it gives users more control over their bitcoins since they are actually stored in an online vault rather than locally on the phone itself (which makes transactions faster).
Within Copay you can also create shared wallets to send money directly to friends or family members who also have Copay installed. You only need their email address or public keys as unique identifiers instead of having to share all kinds of other details like some other apps require.
Three:
Breadwallet – This simple but powerful wallet works on both iPhone and Android.
Last but not least is Edge, which has some unique features that are quite impressive. For example, you can easily send money to anyone else who also uses this same iPhone or Android phone as long as they have the Edge app installed on their device!
What’s more, is if they don’t yet have an account with Edge it’s very easy to set up and start using right away (unlike many other apps where users need to create a username/password first). This feature makes sending bitcoin payments much faster than before since there isn’t even a need for keys or anything like what most wallets require these days.
In conclusion, these options might be the best digital wallet app for Android and iPhone users alike.