Digital wallets are those wallets that allows crypto investors to store up their various coins. Wallets happen to be an essential part of the crypto market as they allow users to store various coins. There are various type of digital wallets, some of them are; software wallets, hardware wallets, web wallets, application wallets etc.
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In this article, we will discuss some of the very best Android wallets you can choose from.
They include :
Electrum Wallet
This is one of the most known and reputable digital wallets and also its Android wallets do not in a way disappoint. Like every other wallet, this Electrum mobile wallets during set up with present you with a 12-word random generated seed. These words will help you restore your coins in the event that your mobile device gets stolen and is damaged. Also, this wallet does not store private keys which means that you can quickly transfer or send your coins from one wallet to another in less than no time.
This Android wallet focuses on security as it allows users to input a 6-digit PIN which will be requested of them anytime they seek to carry out transactions on the wallet. Interestingly, for those users who have already created an account with their desktop device, they can make use of the "watching only" feature which allows them to view their account balance whenever they feel like. The new version of this Android wallet now comes with the Quick Response (QR) scan which makes it easier to scan and capture the wallet addresses of users.
Coinomi Wallet
This wallet since its development and launch in 2015 has gone to become one of the most reputable and trustworthy digital wallets in the world. It is an ideal wallet for the storing of not just BTC tokens, but also other cryptocurrencies like Ethereum, Dash, Litecoin and Bitcoin Cash. While setting up an account on this Android wallet, you have to choose a particular crypto coin to trade and the platform with its "handy" feature will also display the price and the market capital of each of the coin. Like other digital wallets, this platform gives users a 12-word generated seed which acts as their recovery seed in the event that their phone is damaged or goes missing.
Interestingly, this platform has integrated a feature which will allow its users to be able to trade either on the Shapeshift or on the Changelly crypto exchanges.
Mycellium Wallet
This is also one of the most reputable wallets and its developers have claimed that the wallet won the "Mobile App" award in 2014 from the Blockchain.info. They also went further to claim that there is no wallet currently on the Google Play store that has more stars and ratings that the Mycellium Android wallet. This wallet is an open source project which means that it will be difficult for any form of software bugs or for other users to go through hidden backdoors to steal your crypto coins.