Are you constantly on the go or do you just hate the inconvenience of being chained to your computer to manage your crypto? If that’s you, then chances are that you can benefit from a top-notch crypto mobile wallet.
What is The BEST Mobile Crypto Wallets?
In this blog post, I’m going to reveal the best mobile crypto wallets and tell you about the pros and cons of each. Make sure to read to the end of the article if you want to hear my thoughts on mobile wallets and how best to use them.
Why Use A Mobile Wallet?
To get started I’m just going to give you a brief overview on why the heck you might consider using crypto mobile wallets in the first place.
Five reasons mobile wallets are gaining popularity:
- They may help to reduce fraud.
- You can shop online on the go.
- You still receive rewards.
- They can save you time.
- You can trim your wallet contents.
You don’t need a rocket scientist to tell you that a crypto mobile wallet allows you to manage and store your coins on your smartphone. Why bother with all the hassle of downloading an app setting it up and moving your coins off an exchange.
Most crypto newcomers do not know this, but keeping your crypto on an exchange is seldom a good idea. The reason why is that when you keep your coins on that exchange you’re more or less giving up ownership and control of your coins.
After all, that exchange holds the private keys to your crypto. What that means is that you are forced to trust the crypto exchange and it also means that if it’s hacked, then you can lose all your funds.
Am sounding like a paranoid conspiracy theorist that feeds off scaremongering? Well, it’s probably for good reason. Hacks happened quite frequently in the crypto space.
One of the most famous examples was the Mt. Gox hack which saw over 850,000 Bitcoin liberated from the exchange’s coffers. Sadly a few friends of mine were stunned by that one and let’s say they would probably be professional party animals right now if they hadn’t kept their coins on that exchange.
More recently an Italian exchange called BitGrail got hacked for 170 million dollars in crypto and there were problems over at the largest Canadian exchange QuadrigaCX which led to users losing over 119 million dollars.
Honestly, I could probably spend another 30 minutes going through all the different exchange hacks, but I won’t bore you with all that. I think you get the picture.
Another thing to know is that there are also some exchanges suspected of running fractional reserves with some users reporting issues when it comes to getting their funds off the platform and withdrawing them.
That is why many people in the crypto market repeat the same phrase to crypto newbies “not your keys not your Bitcoin”. Those coins you think you own on an exchange are merely a promise from that business that you earned them and nothing more.
That’s one of the main reasons people use offline wallets where you hold your keys mobile wallets also have the added benefit of portability and being easier to access.
Let’s face it we’re all glued to our smartphones. That means they’re also ideal for buying things at bricks and mortar stores with crypto being able to check your balances on the go and sending or receiving payment or two.
Let me now share the best mobile wallets with you and that way you can own your private keys and access that crypto wherever you are.
Let’s start with crowning my mobile wallet champion. I guess I love good looks and the Exodus wallet app is the most beautiful crypto app. The portfolio tracking screen makes it super easy to monitor your portfolio and see what the state of play is at just a glance.
You can even secure the app with face or touch ID and Exodus encrypt both your private keys and transaction data on your phone so that no one but you can access your crypto.
When it comes to coin support, Exodus is highly likely to have you covered with over 100 different cryptocurrencies supported. If you are a pro altcoin prospector, then it’s unlikely you will be able to find support for those random old coins. You’re probably better off using the likes of Coinomi.
The Exodus mobile wallet also has an inbuilt exchange which makes it super easy to make those trades. Damn useful if you ask me.
However, a word of warning, you will pay a premium for the convenience of using that inbuilt exchange, and to spread it between 2% to 5% is charged by Exodus on every trade you make.
To put that into context the decentralized exchange Changelly charges just 0.25 percent in fees per transaction. If you use Exodus to trade you’ll be paying through the nose for that convenience however this is basically how Exodus manages to fund such an amazing free wallet service.
This app does have a QR scanner feature that allows you to send or receive crypto effortlessly. That’s pretty handy if you found that store that accepts crypto and you don’t want to mess around when it comes to paying at the checkout.
Something that I respect Exodus for is that they’re the only crypto wallet company I know of that offers 24/7 live chat support. That’s customer support with a real human being.
You can access that within the app and get those questions you have answered within minutes.
Finally, one other thing I need to let you know is that there is no flexibility within Exodus to choose your transaction fees. You will be forced to send every transaction with a default fee. That’s not normally an issue. however, if that matters to you then you might want to use a different option.
If you ask me to recommend the best mobile wallet, I always suggest Exodus first. In my opinion, it’s the most beginner-friendly wallet out there. It has that 24/7 customer support, great coin support and it looks beautiful.
There are a few features I’d like to see added like the ability to change transaction fees and the wallet lacks some of the features that other wallets on this list have.
With all that said I think that Exodus is probably the best mobile wallet for the vast majority of people out there. I would recommend you give it a go.
Ledger Nano X is a hardware wallet that allows you to store your crypto on a physical device that looks similar to a USB Drive. These devices store your private keys within the device itself and don’t expose them to the outside world.
All this defends the keys to your crypto fortune against a plethora of cyber attacks and secures them with a PIN. That means that a crypto thief is going to either have to get your device in their hands and know your PIN code or they can try and guess your twenty-word Recovery seed.
The Ledger Nano X also comes with a top-notch mobile app for Android and iOS called ledger live. The app pairs with your hardware wallet device via Bluetooth and allows you to securely manage the 1,000 different cryptocurrencies that are supported by the device.
Another cool thing is that the app can be secured by either touch ID or face ID.
What does this app allow you to do? You can manage your ledger balance, see your transaction history and send or receive funds. All that while enjoying high levels of crypto security.
Here’s the downer. If you want to send a transaction using the app, you’ll need that ledger nano X with you. That’s because you need to authorize any transaction you send on the physical device itself.
That means that if you are out and about and have forgotten to bring your Ledger Nano X along you won’t be able to send any payments at all.
Also, imagine the hassle of trying to buy something in a bricks-and-mortar store with that kind of setup. It’s simply not the fastest or most elegant solution out there.
Truthfully other mobile wallets do a way better job when it comes to actual real-world crypto payments.
Another thing to note is that it’s obviously great to have the best crypto security money can buy. However, is all this confusion worth it? If you’re going to spend a few dollars buying that coffee from Starbucks?
A final issue I have with ledger live as a mobile wallet is that it might encourage some people to walk around with that ledger Nano X in their pocket.
After all, most people get these devices to store quite large amounts of crypto securely and that’s typically thousands, tens of thousands, or even hundreds of thousands of dollars in cryptocurrency.
I don’t know about you but I don’t think it’s a good idea to be walking around with that kind of money in your pocket. You’re nearly begging to get mugged.
All that being said. Owning a Ledger Nano X is a good thing due to the device supporting over 1000 cryptocurrencies. You could point to a random coin on the coin market cap and the chances are you could store it in a ledger.
On top of that, Ledger is one of the most secure wallets I know apart from Trezor. One security breach you should know of is when scams buy Ledger’s devices, open them up to generate that recovery seat, and resell them to unsuspecting people.
These crooks then sit there and wait for the buyer to ship their crypto into their ledger and access it using the recovery seed. The good news is that you can avoid that problem entirely by only buying this device from the official ledger store.
Who is the ledger mobile wallet for? If you want to go out there and spend crypto in stores, then I recommend you choose another wallet from this list.
However, if you’re the type of chap that loves trading big amounts on their mobile away from a computer, then you should certainly consider using a Ledger as a mobile wallet to store those funds securely as soon as you’ve finished that trading session.
Entrepreneurs who constantly don’t have access to their laptops and often need to make pretty sizable and time-sensitive crypto payments to keep their business running could certainly benefit from a Ledger live and Ledger nano X combo.
To get your hands on that Ledger Nano X you’ll need to shell out 119 dollars and the Ledger live app is entirely free. For that money, you get one of the best crypto security that money can buy.
Evercoin is a well-designed cryptocurrency wallet application that is available on iOS and Android. It has built-in exchange features and a great option for the daily use of cryptocurrency. The interface is super clean.
It has everything you need right on the main page and you can quickly see a customizable list of crypto assets price trends and of course the graphs for each. You can also tab over and see your wallet and balances.
This is an underrated feature in and of itself because honestly many wallets have your balance on the main page and I hate that because anyone looking over my shoulder when I open the app just to check the prices can see my portfolio and how much I have in there, not good.
I like to be able to control that. I love that Evercoin by default has it in a different tab.
They have a pretty decent list of assets supported at the moment and that list is continually growing now
Another thing I use quite often is the price alerts functionality to help keep me updated on where the prices are moving and in my experience these notifications have always come at the appropriate times and I’m not seeing delayed responses to price movement.
Of course, these are features that one would come to expect from a good mobile wallet but you’d be surprised at how overcomplicated these albeit simple features can become on some mobile wallet.
I love the simplicity since you will be using this primarily as a day-to-day wallet. if I want to move Eher to Metamask or send a friend a payment using crypto you can turn to Evercoin.
To be honest with you, the simplicity of the wallet is what makes it a pleasure to use.
There is a massively underrated feature in Evercoin that makes it one of my top picks by a large margin. Keep reading for that.
Let’s talk about one more thing first before we get there.
There is a built-in exchange in swap features within Evercoin and yes they do require KYC. This is of course an optional process and you can use Evercoin as a wallet and a secure wallet that without doing KYC you just won’t be able to use the exchange features built-in.
However, if you do you have a great way to swap one asset for another right inside your app without moving to a non-custodial exchange.
For example, it’s a great way to get rid of the BSV you were sent without asking on Coinbase to convert it for something more useful or something that you want.
You can also onboard USD to the USD stable coin or fun crypto buys with the US dollars as well using the banking integrations in the app.
When it comes to security, Evercoin has a high-quality integration with Hardware security keys to make the crypto on your mobile device and mobile wallet as secure as possible.
I’m a huge fan of Yubikey hardware keys. I use them and I recommend them to everyone that I can find. I was ecstatic to find that Evercoin has native integration with Yubikey to secure operations on the wallet.
Basically, this little key that plugs into your Apple or Android device can make your mobile wallet on Evercoin extremely secure. About as close as you can get to a hardware wallet without it being a hardware wallet.
This means that if someone gets ahold of your phone and tries to drain your crypto wallets and send it out to their own or just to view your seed phrase and steal your crypto, they would be stopped dead in their tracks because they need your hardware key plugged in directly to your device to let you do these certain operations.
This adds a layer of critical security in terms of cold Hardware verification to the process of sending crypto viewing your seed and doing things with your wallet on your phone.
The Yubikey essentially is a means by which Evercoin can encrypt your private key on your device so it can’t be read or used without the Yubikey itself plugged in to decrypt that key.
I love this and not only that, Yubikey is quite one of the most useful security devices and I’m so happy to see crypto moving in that direction as well. it’s also super simple to set up.
You simply get a UB key, plug it in, click the setting on Evercoin to connect your Yubikey, and then you’re done. I can’t overstate how awesome this is for an additional layer of security on a mobile device crypto wallet application and not just that, other applications as well.
It’s a big step up from biometrics built into phones as well as SMS verification which is extremely bad.
In the future, Evercoin will be adding even more cool and robust integrations with Yubikey to make it even more secure. There is also a patent-pending wallet recovery feature that utilizes the magic link recovery process to recover your wallet in case you lose it.
This is an optional feature that you can decide to use or not but it’s there if you want it.
Evercoin is the closest thing I’ve ever seen to a hardware wallet security level that you can get on a native mobile device app.
Read: Best Crypto Exchanges in The Market.
Coinomi is one of the oldest in the mobile crypto wallet space and that it’s been kicking around since 2014. Coinomi only offers a completely free mobile version of the wallet for both iOS and Android.
The main driver behind the popularity of this wallet is that it supports over 1,700 crypto assets. If you like to speculate to accumulate and dabble in your fair share of low coins, then Coinomi is the mobile wallet for you.
The mobile app is super clean and I’m a massive fan of its easy-to-use interfaces. Another area where this wallet excels is in privacy. Coinomi hides your IP address. This means that if you’re the kind of person that likes to view a bit of paid-for raunchy content on the go, then this wallet is the way to go.
Also, your private keys are stored securely on your phone and not on Coinomi servers. This means you have full control of that crypto.
The Coinomi app also makes tax reporting easy by allowing you to export all your transactions in just a few taps.
It’s also compatible with crypto domains like .crypto and others. This means you can send and receive crypto easily to and from this app using that hot crypto domain you might have purchased.
Another top feature of this app is that it allows you to cold stake a bunch of coins and earn a passive income within the wallet app. Also, you can trade cryptos using the app.
If you want to make store purchases using a mobile wallet then Coinomi has you sorted with its QR code scanner. However, some users reported that the app crashed while trying to use this feature a few months back.
I’ve not had any issues with that however, that might be something to watch out for.
Finally, the app has full support for ERC 71 tokens. This means that you can store, access, and manage your Ethereum collectibles from your smartphone, pretty cool.
Who is this mobile wallet for? If you’re the type who either likes to hold exotic coins, values privacy and has got into Ethereum, then you should certainly check out this wallet
Electrum is a long-existing bitcoin-only wallet and it is maybe better known for its desktop application although the desktop wallet isn’t the most beginner-friendly out there, the mobile app is simple enough in my opinion.
It has all the basic functions and not more than that which is in my opinion a great way to start using and practicing with a bitcoin-only wallet.
Electrum also has a good balance between security, privacy functionality, and decentralization.
Some of its features are:
- You can create multiple wallets choosing between sequence and legacy address wallets.
- has an optional passphrase also known as 13 seed word for extra security of your seat race.
- For better privacy, it rotates new addresses for each new transaction. You can control which addresses to use in a transaction.
- You can adjust fees and the wallet only advises what fees are the best to use.
- for increased security, you can activate an optional two-factor authentication for a small fee per transaction.
- with the segment wallet, you can use electrum for the lightning network as well.
- it uses a decentralized network of servers which is great for decentralization and virtually no downtime.
But this also has a few minor drawbacks. For instance, you need to make sure you only download from the official channel and this includes updates. Even if you get a notification in the wallet itself. All financial apps are at risk of phishing attacks even more so in the crypto industry.
Your electrum wallet can be targeted with a phishing message to update by clicking on a link. Don’t do that. Only update through the official channels and double-check if there even are updates necessary.
Especially for Electrum, I suggest limiting the use to relatively small amounts or for practicing and experimental purposes.
At least until you are experienced enough to understand all technicalities and the risk benefits profile.
6. Atomic Wallet
If you like the idea of beautiful-looking interfaces, then I can nearly guarantee that you’ll love this wallet. The mobile app is available via the Google Play and Apple app stores. You can get your hands on this wallet regardless of what smartphone you have.
One of the key selling points with Atomic mobile wallet is the large number of coins you can stake within the app. You can also buy and sell crypto within the atomic wallet app due to its integration with ShapeShift.
There is the option to buy crypto with fiat however, the minimum fee is $10 and you’ll end up paying about 7% in fees. That’s frankly ridiculous and I recommend you look at other options if you want to do that.
Finally, Atomic has got that QR code scanner. If you want to hit the high street and pay for that item with crypto then it’s no problem with this mobile option.
Who is Atomic wallet for? If you’re looking for a great-looking mobile wallet with some of the best staking support out there then you should give Atomic wallet a try.
7. Trust Wallet
This mobile wallet is a first-class option for anyone wanting to carry their crypto on their mobile. The app is free and you can get it on both the Apple App and Google Play stores.
Trust is even able to interact with decentralized applications through the app thanks to its web 3 browsers. That means is if you’re partial to a bit of dap gaming, then Trust wallet has you covered.
The app is also completely open-source. This means that the underlying code is open to anyone to audit and check out. In the crypto space, this is viewed favorably because it means that the community can vet the code and confirm the security of the app.
Another feature is that this wallet works perfectly with Binance dex. What this means is that you can make instant decentralized trades through the app with no fuss.
Those that are inter staking have not been forgotten about in this mobile app either. You can stake the likes of Cosmos, Tezos, and Tron.
When it comes to coin support, Trust wallet supports a ton of them. This means pretty much every major cryptocurrency, all ERC20 tokens, and all tokens issued by the Binance chain or the Tron blockchain.
Speaking of Binance the king of cryptocurrency exchanges has made trust Wallet their official wallet after acquiring the app back in 2018. A pretty strong endorsement indeed if you asked me.
In short, I believe trust wallet to be the perfect option for pretty much anyone wanting a free multi-crypto wallet app.
I’m a big fan of Crypto.com. Not only because they just launched a noncustodial wallet that I’m super bullish on and I love projects that emphasize the non-custodial piece because it’s such a core fundamental.
They have done more innovation for this space than a lot of people think. There is a lot of news coming out about their team and what they’ve been deploying regularly where they deploy these discounted rounds.
If you’re staking CRO token on the wallet you can get access to 50% off when they release a new token on their wallet and they have moved the needle forward.
They have over two million users and they have moved the space forward in terms of earnings. They have the Visa debit card where you can use your wallet pretty much anywhere Visa is accepted and you just top it up with new tokens. You can swipe that card at Home Depot or Walmart or wherever you’re going.
That level of innovation for this space has been pretty monumental.
They’ve executed countless amounts of things as a custodial wallet and now that they’ve rolled out the noncustodial wallet. They’re covering all the bases of the crypto industry and the core fundamental of being fully in control is what they’re now giving to their users.
The idea that they’ve done all of these incredible things is allowing people to earn 8% and 12% with stable coins through this earning program as a custodial wallet and now they’re rolling out the ability to have full control and send to receive all of these different crypto assets.
My final thought
That’s my list of the top mobile wallets in crypto. The best mobile wallet for you will depend on a variety of different factors like what you want to store and ultimately how you intend to use the wallet. There is no one-size-fits-all.
As promised I do want to talk about how I use mobile wallets and give you a few handy tips.
Now although the wallets mentioned are all pretty safe. Mobile wallets, in general, are more vulnerable than other types of options like Hardware wallets. I really would not recommend that you store any meaningful amount of funds on them.
However, mobile wallets are still a damn sight better than leaving your funds on a crypto exchange. I always keep the vast majority of my crypto portfolio secure in a Ledger Hardware and more recently I transferred my crypto to Trezor.
I only keep a few hundred dollars in my Exodus mobile wallet. This is convenient when I come across a cafe that accepts crypto or I want to send my friend some to play around with.
It’s a bit of a pain having to carry around your Ledger Nano X or any other hardware wallet to send a transaction with the Ledger live app however, I would honestly recommend using that solution if you intend to make any big-ticket purchases with crypto.
If you are heading off to a car dealer to get your hands on that fancy supercar, don’t load up your mobile wallet with a few hundred thousand dollars worth of crypto and take that to the dealership. If that were me I would go with the slightly cumbersome hardware wallet.
That is the end of the article. I do want to hear your thoughts in the comments. Do you have any other mobile wallet suggestions? As always thank you very much for reading. Don’t forget to share. I hope you enjoyed it.