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 bitcoin wallet test Bitcoin wallets for Android into five trustworthy apps, and we’ve selected the apps that are as simple to use as possible.
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. Electrum 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 ‘seed’ 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.
The most recent version of Electrum Bitcoin Wallet comes bundled with its own QR scanner to 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. Coinomi 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.