Mobile cryptocurrency applications are not that popular because most people do like to store cryptocurrencies in offline wallets (called cold wallets) considered more secure. Therefore many people do not like them if the mobile device will be used to access the internet.
Nevertheless, you can look to some more secure cryptocurrency wallets especially if you are a newbie in the space and do not have the tech skills to run other types of wallets. We discuss the top 5 wallets you can consider for your iPhone or iOS devices. Most importantly, to make use of wallets developed by already reputable companies and wallets that ensure full protection of your coins.
Blockchain is popular and does the process more than 160,000 transactions daily. Besides, Blockchain has been audited by many leading researchers and it is less prone to hacks. The company runs an open-source iOS wallet that is both easy to use and packs in very many features.
Airbitz is a good alternative if you do not trust a third party with the protection of your coins. It eliminates that third-party factor and is completely decentralized. Airbitz iOS wallet is connected to multiple Bitcoin nodes, which eliminates the fear of downtime when using the wallet.
Breadwallet is an easy-to-use wallet and therefore recommended for crypto newbies. It also allows users to exchange fiat (USD, Euro, Pound Sterlings e.t.c.) for Bitcoin through the wallet.
There is also an Android version. With it, you get to write down your paper key for safekeeping
Coinomi is an iOS wallet suitable for those dealing with multi-assets or different crypto coins. It allows users to not only store but also send cryptocurrencies. You can also do instant exchanges for cryptocurrencies within the wallet thanks to the integration of ShapeShift Exchange.
Coinspace is also a free HD bitcoin wallet with which users can make payments worldwide for free. It supports Bitcoin, Litecoin and more coins coming soon according to their website.
It also offers an Android version. With Coinspace, you can also trade crypto by searching for local businesses that accept Bitcoin payments.
Coinbase also provides an iOS Bitcoin wallet with multiple features for both users and traders alike. In addition to accessing Bitcoin price alerts and bank-level security measures, you also get price alerts as well as the usual sending and receiving of cryptocurrencies.
In addition to sending Bitcoins (for a fee), you can also buy crypto with your local fiat instantly and you can send or receive Bitcoins using a linked bank account.
Biether works for iOS and Android and runs on either a cold or hot mode. In other words, the cold wallet can act as a backup for your keys and can work offline to sign transactions. Other features include real-time monitoring of the network status and auto backup and recovery.
The hot wallet mode also allows you to easily monitor Bitcoin savings with Watch Only mode. The wallet also gives the real-time prices of major Bitcoin exchanges.
8. Green Address
Green Address also works for iOS and Android and brings in a host of features including paper wallet backup via BIP39 mnemonics, 2FA via phone/SMS/e-mail, multi-sig addresses between client and server, and instant transaction confirmation with GreenAddress transaction. It also uses nLockTime transactions and open-source tools to recover funds in case the service disappears.
CoPay works Android, iOS and Microsoft Windows. It also features multi-sig addresses for sharing funds and preventing withdrawal without multiple approvals by owners, easy spending proposal flow for shared wallets and group payments, Hierarchical deterministic (HD) address generation and wallet backups and support for 150+ currency pricing options and unit denomination in BTC or bits.