11 Best Bitcoin Wallets for Android in 2024

Bitcoin wallets are essential when it comes to buying, selling and owning cryptocurrencies. They let you store, trade, exchange, and transfer your Bitcoins to any other address on the blockchain. Every owner must find a quality wallet that meets their needs, and in this guide, we review our top picks for the best Bitcoin wallet for Android in 2024

We’ll provide detailed breakdowns of the top crypto wallets you can use on any Android phone or tablet. Moreover, we’ll cover the basics of these wallets, their benefits, how to pick the right ones, and how to set them up. 

Best Bitcoin & Crypto Wallets for Android

Before we get into detailed reviews, here’s a quick overview of our top picks for the best Bitcoin wallet for Android, followed by a brief description of each:

  1. Best Wallet – A cutting-edge, non-custodial cryptocurrency wallet allowing users to access all their Web3 needs under one ecosystem. Best Wallet offers trading and market insights, access to a decentralized exchange, and exclusive benefits through the $BEST token.
  2. Zengo – One of the best self-custody Bitcoin wallets for Android, with support for multiple other blockchains—supporting over 120 cryptocurrencies in total. Users can buy, sell, and trade crypto in-app. Active since 2018 and servicing 1+ million customers, Zengo has never had a reported hack.
  3. SafePal – Perfect for Android users, this free Bitcoin wallet supports over 100 blockchains and manages 200,000+ tokens. It’s a community favorite, offering features like crypto swapping and staking, NFT storage, DEX trading, dApp exploration, and rewarding incentives.
  4. CoolWallet – From CoolBitX, this Android Bitcoin wallet app merges cold storage security with hot wallet accessibility. CoolWallet users can manage Bitcoin, a vast range of other cryptos, and NFTs with ease. Its many features include staking, dApp access via a Web3 browser, and transaction analysis.
  5. CoinSpot – A Bitcoin Android wallet from the renowned CoinSpot crypto exchange, providing seamless trading of Bitcoin and over 400 other cryptocurrencies. Secured with 2FA and multi-stage verification, it offers fee-free bank transfers for deposits and withdrawals.
  6. Exodus — A Bitcoin Android wallet for beginners. Completely free to install and use, offers good customer support, and has optional cold storage through Trezor. 
  7. Electrum — Secure open-source Bitcoin wallet, the first of its kind. One of the best Bitcoin wallets for Android if you’re looking for high-security features, advanced options, and customizable transaction fees. 
  8. Ledger Live — Companion Android app for one of the world’s leading hardware wallets. Integrates fully with any Ledger hardware wallet and lets you buy, sell, trade, and track Bitcoin and hundreds of other crypto assets. 
  9. Mycelium — Popular wallet among mobile users. Supports various hardware wallets as an open-source program and boasts a wide range of security and privacy features. 
  10. Trust Wallet A Leading Bitcoin wallet for Android with multi-cryptocurrency support. Part of the larger Binance family and used by more than 60 million people worldwide. 
  11. Coinbase Wallet — Easy to set up Bitcoin Android wallet with a simple app layout. Allows seamless transfer from Coinbase CEX, the largest US-based centralized cryptocurrency exchange. 

Top Crypto Wallets for Android Reviewed

Every high-quality Bitcoin Android wallet has something unique to offer in terms of features, functionality, rates, fees, and more. 

Some are better suited for beginners, others for advanced traders. Certain products come with low fees, while some have high-interest rates, which makes them ideal for investors with many bitcoins. 

Keep reading to learn more about the Bitcoin wallets we’ve picked. 

1. Best Wallet – Best Android Wallet Offering Trading Insights, NFT Integration, and Exclusive Discounts 

Best Wallet Best Wallet logois at the top of our list of the best cryptocurrency wallets in 2024. This non-custodial wallet allows users to store all their crypto wallets and assets under one roof – eliminating the need to connect with other applications or platforms. 

Committed to cross-chain compatibility, Best Wallet will support the Ethereum, Polygon, and BSC mainnet. In the future, Best Wallet will connect with the Bitcoin network as well. Since Best Wallet is non-custodial, users can access all their assets through a private key. 

The platform prioritizes security – offering two-factor authentication (2FA) options and using advanced cryptographic techniques to protect user’s funds. Through the Best DEX (Decentralized Exchange), users can also access some of the cheapest trades by getting connected to the best liquidity pools. The DEX is registration-free and gives users access to thousands of crypto tokens. 

Best Wallet non-custodial

Best Wallet stands out from other wallets due to its exciting features that will soon be launched. For instance, one can access market insights and portfolio management options to stay informed about the markets and access real-time profit and loss updates. 

The Best DEX will also conduct token analytics, asses a crypto’s security features, and inform users on new token launches and airdrops. The Best Wallet roadmap is split into six phases – and perfectly outlines the vision of this wallet. 

Some of the exciting new elements include NFT compatibility – allowing users to store their existing NFTs on the Best Wallet. Furthermore, Best Wallet will let one directly trade NFTs through its ecosystem. 

Best Wallet roadmap

Another huge component of Best Wallet is $BEST – the native token. Holding this exclusive token gives one access to advanced market analysis tools, feeless swaps, and zero gas fees. Phase six of the roadmap will also unveil a $BEST token airdrop – which will distribute tokens to the top users of the Best Wallet and DEX. 

Android users can download the Best Wallet app through the Google Play store. The wallet will soon be compatible with desktops. Stay updated with Best Wallet by joining the Discord and Telegram channel

Pros pros:

  • Non-custodial wallet that offers cross-chain compatability
  • Will feature trading and market insights
  • Supports NFT trading and hosts an NFT gallery
  • Features its own decentralized exchange
  • 2FA verification provided
  • Exclusive discounts through the $BEST token

Cons: cons

  • Not yet compatible with the Bitcoin network, but will be soon

Wallet type Non-custodial wallet app
Number of supported cryptos Polygon, BNB, Ethereum & more
Fee for buying Bitcoin Differs as per the liquidity pool
Mobile app Yes
Staking/interest Yes
Ethereum staking/interest rate N/A

2. Zengo – Self-Custody Bitcoin Wallet for Android with a 4.78 Rating on the Google Play Store

The Zengo wallet is a feature-rich wallet that supports the buying,selling, and trading of Bitcoin directly in-app. It also offers support for over 120 other cryptocurrencies, and a dApp marketplace, with WalletConnect support, to allow users to access the ever-growing world of Web3.

Active since 2018, Zengo has served over 1 million customers and never had a reported hack—making it one of the most secure Bitcoin Android wallets on the market. It also offers a novel solution to one of crypto’s biggest barriers to entry, the seed phrase. Zengo wallet does away with vulnerable seed phrases and replaces them with multi-party computation (MPC) cryptography, using an email address, a recovery file, and a 3D face scan to recover a user’s wallet on a different device.

Zengo Wallet

A Pro version of Zengo, $69.99 per year, improves the Android user experience even more by offering:

  • Legacy Transfer (moving assets to a designated recipient when not used for a designated period)
  • Priority Support (guaranteed response within 1 hour, typically within 5 minutes)
  • Theft Protection (multi-factor authentication for transactions above a certain size)
  • Web3 Firewall (Alerts and protection against Web3 attacks)
Wallet Type Self-custodial wallet app
Number of Supported Cryptos 120+ cryptocurrencies
Fee for Buying Bitcoin 1.5%-3.75%
Mobile App Yes
Staking/Interest Yes
Ethereum Staking/Interest Rate N/A

Pros pros:

  • Over 1 million customers, no reported hacks
  • Support for over 120 cryptocurrencies (including Bitcoin)
  • Can buy, sell, and trade Bitcoin in-app
  • 4.2 rating on Trustpilot
  • DApp marketplace with WalletConnect support
  • Pro Version with enhanced security features

Cons: cons

  • Crypto prices are marked up compared to market prices
  • Quite high fees for buying cryptocurrencies with a credit card

3. SafePal – A Community-Favorite Android Bitcoin Wallet for Effortless Crypto Management 

Safepal Logo

If you are looking for a Bitcoin wallet for your Android devices, then SafePal is one of the best options in the market. On Google Play, the app has achieved more than a million downloads, which speaks to the popularity of this Bitcoin wallet. Moreover, the app has a rating of 4.7 on Android’s online store.

Safepal Interface

Founded in 2018 during the bear market, SafePal is a comprehensive cryptocurrency wallet suite provider. The company is backed by industry leaders like the largest crypto exchange in the world, Binance, VC giant Animoca Brands, and Superscrypt, an early-stage blockchain investment company seeded by Temasek.

When it comes to SafePal’s non-custodial wallet suite it involves an EAL 5+ certified hardware wallet, a mobile app, and a browser extension that provides users with an efficient and secure way to own their crypto assets. The company has a native utility token SFP issued on Ethereum and Binance Chain and a limited supply of 500,000,000 tokens.

The SafePal mobile app for the Android operating system supports 100+ blockchains, which means you can buy, sell, trade, store, and manage 200,000+ tokens as well as NFTs. It further includes a custom RPC feature to support 400+ custom EVM networks. 

Safepal Users also get to explore popular dApps like Uniswap, OpenSea, Aave, PancakeSwap, Compound Finance, 1inch, Stargate Finance, and more. 

The app supports 15 languages, viz. English, French, German, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Traditional Chinese, Turkish, and Vietnamese to cater to its global audience. 

Moreover, SafePal boasts of having better swap rates and fees than the popular Web3 wallet software MetaMask. Additionally, it further charges no bridging fees within daily thresholds, offers cross-chain in-app swap features, and integrates several centralized (CEXs) and decentralized (DEXs) exchanges. In terms of on-ramp and off-ramp services, SafePal supports fiat currencies such as USD, EUR, and GBP via providers like MoonPay, Simplex, and Binance Connect, facilitating secure and seamless management of assets.

The crypto wallet application is also free and easy to use. Its intuitive user experience makes it a great choice for both beginners and experienced users. The SafePal app is designed to provide maximum security for your crypto assets and is equipped with advanced safety features such as biometric authentication, multi-level encryption, and integration with its hardware wallet. Other capabilities provided by the decentralized wallet app include the ability to create and manage multiple accounts and wallet import via private key, mnemonic phrase, Keystore, or wallet address.

SafePal last updated its Android wallet app late in Nov. 2023 to add support for NFT trading, BRC20 token, Core Network, and features like UTXO management feature and NFT approval management. 

Other features of the app include earning passive income by staking your assets through its other product, SafePal Earn, and winning rewards like airdrops, NFT whitelists, presales, the ability to participate in new projects, and much more. If users have any queries, they can reach out to the company’s customer support within the app. 

Pros pros:

  • Supports a wide variety of cryptocurrencies
  • Positive reviews and a strong community
  • Buy crypto using a card or other payment options
  • Support or crypto swap, NFT, DeFi, and dApps
  • Hardware wallet integration provides an added layer of security

Cons: cons

  • Some crypto may not be supported
  • Relatively a new company

Wallet Type Non-custodial Wallet App
Number of Supported Cryptos 30,000 plus coins and tokens; including Bitcoin, DOGE, Ethereum, TRON, BNB Smart Chain, Polygon, Solana, Fantom, Optimism, Arbitrum, Avalanche, Cosmos, Injective, Near, KCC, Sui, and more
Fee for Buying Bitcoin Depends on third-party; MoonPay, Simplex, and Binance
Mobile App Yes
Staking/Interest Yes
Ethereum Staking/Interest Rate Yes/Varies

4. CoolWallet App – Convenient Bitcoin Wallet for Android Users, Blending Cold Storage Safety with Hot Wallet Ease

CoolWallet Logo

This decentralized Web3 wallet is a great way to take possession of your private keys and have control of your assets in your hands. Created by Taiwan-based fintech innovator CoolBitX, the company has been offering blockchain services since 2014, including hardware wallets via CoolWallet and crypto compliance solutions via Sygna.

CoolWallet App Interface

The CoolWallet App is a free-to-download application for Android devices, developed by CoolBitX. This dual-purpose Web3 wallet application enables users to combine cold storage safety with hot wallet convenience to optimally manage their crypto assets. 

The app boasts over 500k downloads on Google Play and holds an impressive 4.4 rating on Android’s online store, which is pretty good, too. It was last updated on Dec 22, 2023.

The app works as a hot wallet where you can access a wide range of crypto assets thanks to multiple mainnets supported by CoolWallet. The App also supports BSC BEP-20 custom tokens, several stablecoins like USDC and USDT, and NFTs via ERC-721 and ERC-1155 standards.

It allows anyone to easily navigate between cold and hot modules while offering a safe and powerful way to access Web3 applications. It features a secure in-app Web3 browser that directly connects to blockchains for you to interact with the vast and vibrant world of crypto dApps conveniently. 

The app further enables you to analyze dApp interactions with its integrated Web3 Smart Scan feature. So, before you finalize a transaction, the CoolWallet App scans and detects the dApp and the related smart contract transaction to provide you with a deep analysis that can detect any abnormalities so that you can make informed decisions, bolstering the security of your transactions.

For security, the non-custodial wallet app supports screen lock and transaction verification. It further offers you the option to choose either a password or biometric authentication to approve transactions.

Through this intuitive app, you can take advantage of many services, such as native staking for the likes of ETH, SOL, ATOM, XTZ, TRX, and ADA, support for crypto bridge WalletConnect to explore dApps, crypto swapping, and more. For swapping, the app provides you with abundant choices, such as a self-defined address name and automatically recommends the best rate along with integrated fixed rates.

The company suggests using the app in combination with its advanced security technology integrated cold wallet. The CoolWallet App is actually used as the software interface to manage your Bitcoin and other digital assets stored in CoolWallet’s hardware devices. 

The company offers two hardware wallet models: credit card-sized, ultra-thin CoolWallet Pro, and CoolWallet S, which also comes in credit card format. To start setting these wallets, you need to first download the official app on your Android phone or tablet. Finally, if you want to contact the company, you can do so by emailing them or making use of live chat support.

Pros pros:

  • The Android app provides easy access to wallet functions on the go.
  • Uses biometric authentication for enhanced security
  • Support for a variety of cryptocurrencies
  • Easy to use and navigate
  • Regular app updates to improve functionality and security

Cons: cons

  • Using the hardware wallet involves an upfront cost
  • For active traders, some features may be lacking

Wallet Type Non-custodial Wallet App
Number of Supported Cryptos 10,000 plus coins & tokens;  including Bitcoin, Ethereum, BNB Smart Chain, Polygon, Avalanche, Optimism, Arbitrum, OKX, Cronos, zkSync Era, Flare, ThunderCore, and more.
Fee for Buying Bitcoin Depends on third-party
Mobile App Yes
Staking/Interest Yes
Ethereum Staking/Interest Rate Available via Lido (stETH)

5. CoinSpot Wallet – Easy-to-Use Android Bitcoin Wallet for Trading & Storing Your Coins

Coinspot Logo

This wallet is from the cryptocurrency exchange CoinSpot, which was established in 2013 and is today Australia’s largest crypto trading platform with about 2.5 million reported users.

It is a compliant platform, having obtained the Australian Digital Currency Exchange License from the Australian financial watchdog, the Australian Transaction Reports and Analysis Centre (AUSTRAC). CoinSpot also holds an ISO27001 Certification for Information Security Management and a Blockchain Australia Certification.

Coinspot Wallet InterfaceOne can access this crypto exchange through its simple and elegant wallet app which has more than 500k downloads on the Google Play Store. And through the Coinspot Wallet, users can seamlessly trade various crypto assets, view all pricing charts and data, and access all their account features. 

Coinspot also makes it easier to buy and sell Bitcoin through its app’s clean and simple user interface. You can also choose your desired coins easily from a list of cryptos, then select your quantity in crypto or fiat and receive your funds directly into your CoinSpot wallet. 

The exchange’s app features the CoinSpot wallet that enables you to track your holdings in one simple view. Here, you can directly access your Bitcoin wallet to send & receive digital assets and view your order and transaction history. 

Through CoinSpot’s free multicoin wallet, you can create your own wallet address for not just Bitcoin but every asset supported by the exchange. Once you have the wallet, you can go to its Receive section and get the Generate Deposit Address button. 

The multi-crypto wallet allows its users to make deposits and withdrawals using a bank account without incurring any fee. The app also offers multiple AUD deposit options: PayID, Direct Deposit, Cash Deposit, and BPAY. While PayID and Direct Deposit payment methods allow for multiple free and instant deposit options, the BPAY or cash option involves a small fee.

The app supports over 400 cryptocurrencies, which, compared to others, you may find limited. But given that the CoinSpot Wallet app is from a legitimate and licensed exchange, that makes it a reliable option. However, in early in Nov. 2023, the Australian crypto exchange suffered a hacking incident, losing as much as $2.4 million in what was a “probable private key compromise” on one of its hot wallets.

For security, the Coinspot Wallet app supports Two-Factor Authentication (2FA) and account-wide withdrawal bans. Moreover, the CoinSpot account is secured by multi-stage verification and customizable account settings that can be accessed under the Security section of the account for advanced safety. 

The app also gives its users easy access to its knowledge base, and if you have any queries, you can take advantage of live chat or email support. 

Pros pros:

  • Reputable and licensed crypto wallet provider
  • Ability to manage assets on the go
  • 2FA and multi-stage verification for security
  • Support for on and off-ramp services

Cons: cons

  • Limited crypto support
  • Exchange had a security incident
  • CoinSpot Earn Program temporarily suspended since Sep. 2023

Wallet Type Non-custodial Wallet App
Number of Supported Cryptos 400 plus cryptocurrencies including Bitcoin, DOGE, Ethereum, TRON, BNB Smart Chain, Polygon, Solana, Fantom, Optimism, Arbitrum, Avalanche, Shiba Inu, Pepe, Bonk, and more
Fee for Buying Bitcoin 1% for instant trading & 0.1% for market orders
Mobile App Yes
Staking/Interest No
Ethereum Staking/Interest Rate N/A

6. Exodus — Popular Android Crypto Wallet for Beginners

Exodus is a crypto wallet for beginners.According to our Exodus wallet review, it’s one of the most user-friendly wallets you can find on the market — it was even developed to simplify the process of cryptocurrency usage and storage and make the technology more approachable to beginners. It’s available to US users, but it’s also one of the top crypto wallets in the US.

This is largely due to its simple-to-use interface and the company’s focus on offering good customer support. Its visuals are large, with every available option clearly displayed on the screen. Unfortunately, you’ll occasionally run into lags, but they rarely affect the overall user experience. 

If you have problems, you can always contact customer support, which is one of the high points of this service. The agents are available 24/7, and you can reach them over email or the official Twitter channel. 

Exodus Wallet was created by JP Richardson and Daniel Castagnoli in 2015.

Security is very high, which is clear from the advanced features it offers, including local device private key storage. However, this is still a closed-source wallet, which is against the main ideas behind Bitcoin and blockchain technology. In other words, we must trust Exodus that its service is always secure.

Thankfully, Exodus pairs easily with Trezor hardware wallets, making cold storage possible for anyone. Nevertheless, this means you’ll have to purchase a Trezor wallet. 

Still, it’s one of the best Bitcoin wallets for Android, as the app lets you send, receive, swap, and trade. You can even earn interest on cryptocurrencies that can be staked, like Ethereum. However, rewards vary by coin and depend on current market prices. 

Being a multichain Web3 wallet, Exodus supports a wide range of cryptocurrencies, so you can still use it, even if you want to swap your BTC for other coins and store them in the same place. Exodus also supports NFTs

Pros pros:

  • Reliable customer support available 24/7
  • 4.8 stars on Google Play Store
  • Easy to use interface
  • Seamless support for hardware wallet

Cons: cons

  • Closed source software
  • No native 2FA 

Wallet type Hot wallet (cold storage is possible with Trezor)
Number of supported cryptos 100+
Fee for buying Bitcoin None
Mobile app Yes
Staking/interest Yes
Ethereum staking/interest rate N/A

7. Electrum — Secure Open-Source Bitcoin Wallet 

Electrum is a secure, open-source crypto wallet.Electrum is among the oldest Bitcoin wallets and one of the best in many markets (most notably in Canada), which is why we’ve ranked it among the top Bitcoin wallets for Canadians

Despite being in use for more than a decade, it has managed to go with the times. As a result, it now offers multi-device support, with an Android app being available as well. Even though it has been around since 2011, it hasn’t changed much, so some users might find the design outdated, even on the mobile app. 

However, experienced investors shouldn’t mind it, as the wallet was made precisely for them. It has advanced features and high-quality security options that are almost on par with cold wallets, including 2FA capabilities and transaction-proof checking. The private keys are encrypted and remain solely on your device. 

Even though it’s primarily a hot wallet, it can easily pair with hardware wallets like Trezor, Ledger, and Keepkey. 

Electrum has been with the Bitcoin community since 2011.

The important thing to note is that Electrum focuses on secure storage, but it only covers Bitcoin. This is the area where it excels — you won’t find features like trading, buying, or selling as you would in many other hot wallets. 

Since Electrum is open-source, you can find many forks online that offer support for other cryptocurrencies and features you’d get on other wallets. 

The Android wallet lets people set their own transaction fees by allowing them to pick between Segwit and original Legacy Bitcoin addresses. 

Even though it’s more attuned to advanced users, it’s still easy to set up, as it offers a lightweight client, typically configured within minutes. 

Pros pros:

  • Long history in the Bitcoin world
  • High security
  • Completely open-source
  • Multisig support
  • Easily pairs with third-party plugins

Cons: cons

  • Outdated design 
  • Bitcoin-only 
  • Only for storage

Wallet type Hot wallet (cold storage is supported)
Number of supported cryptos 1
Fee for buying Bitcoin N/A
Mobile app Yes
Staking/interest No
Ethereum staking/interest rate N/A

8. Ledger Live — Companion Android App to Secure Hardware Wallets

Ledger is an Android app for securing hardware wallets.Ledger Live is the companion app to any edition of Ledger’s latest hardware wallets, including Ledger Nano X, Ledger Nano S Plus, and the upcoming Ledger Stax. It’s free and allows you to easily manage your crypto assets in cold storage.

Naturally, you’ll still have to buy a Ledger hardware wallet if you want to use it, so it’s only ideal for investors with large portfolios that require safe cold storage. It should be worthwhile, though, as Ledger hardware wallets are among the two leading cold storage crypto wallets worldwide. 

Ledger Live works with more than 5,500 coins and tokens, Bitcoin included.

Since operating your assets from a hardware wallet is almost impossible due to their standard small build, Ledger has made an app to make the process easier. You can use it to buy, sell, exchange, and trade not only Bitcoin but also thousands of other coins, utility tokens, and even NFTs. You can do most of that with the help of Ledger’s official partner, Coinify. 

There’s also an option to stake the best staking cryptos, like Ethereum, Cosmos, and Solana. 

Swapping cryptos is quite convenient through the app; plus, it’s cheaper. That’s because Ledger’s ParaSwap feature swaps cryptos through API and via various DEXs. Ledger relies on another partner here, Changelly, which doesn’t use fiat currency to swap cryptos.

The app also shows market prices and other stats like dominance and supply of coins to give every investor the necessary information for trading and investing. 

Even though you’re required to use one of their hardware wallets, this is also a good thing in terms of security. All Ledger wallets have CC EAL5+ and are certified by ANSSI, which makes it the best crypto wallet for Android for people seeking maximum protection.

Pros pros:

  • Lets you swap cryptos directly in the hardware wallet
  • Works with any Ledger hardware wallet
  • Staking is an option with several altcoins
  • Top-notch security thanks to cold wallets

Cons: cons

  • Ledger hardware wallet required

Wallet type Hot wallet (cold storage when using a Ledger hardware wallet)
Number of supported cryptos 5,500+
Fee for buying Bitcoin Varies
Mobile app Yes
Staking/interest Yes
Ethereum staking/interest rate Varies

9. Mycelium — Popular Bitcoin Wallet Among Mobile Users

Mycelium is a popular Bitcoin wallet.Mycelium is an open-source wallet widely used among crypto users who appreciate mobile solutions. It’s not beginner-friendly, but this is common with advanced wallets offering top-notch security and privacy features — an area where Mycelium excels. 

It’s ideal for mobile users, but bear in mind that it doesn’t provide software for computers and laptops.

The wallet gives you a lot of control over transaction fees by making them customizable. Moreover, its open-source code allows easy integration with most hardware wallets, including Ledger, Trezor, and KeepKey.  

Mycelium is a mobile-only secure wallet with seamless hardware wallet integration.

Even though it easily integrates with hardware wallets, this option won’t be necessary for many users, thanks to the robust security features and great track record of the company. Moreover, Mycelium is a full supporter of the famous “not your keys, not your coins” stance that most experienced crypto fans share. 

The app lets you buy, sell, swap, and convert coins. Even though more than eight cryptocurrencies are supported, Mycelium is still primarily focused on Bitcoin. 

On the downside, Mycelium has no staking support, and customer service is offered only via email. 

Lastly, it’s important to mention that Mycelium comes with zero CEX exposure, so investors don’t have to worry about losing funds to failed exchanges, like in the case of FTX and Celsius

Pros pros:

  • Focus on security and privacy 
  • Seamless integration with most hardware wallets
  • User’s complete control over assets
  • Open-source software
  • In-app purchase options

Cons: cons

  • Mobile-only
  • Poor customer support
  • Not beginner-friendly

Wallet type Hot wallet (cold storage supported)
Number of supported cryptos 8+
Fee for buying Bitcoin Vary from $0.25 to $8
Mobile app Yes
Staking/interest No
Ethereum staking/interest rate N/A

10. Trust Wallet — Best Bitcoin Wallet for Android With Multi-Cryptocurrency Support

Trust Wallet is the best wallet with multi-cryptocurrency support.Trust Wallet is a famous multi-cryptocurrency wallet used by more than 60 million people. This is largely thanks to the fact that it’s part of the Binance family (it’s the official wallet for Binance) but also due to its range of quality features. 

The user interface is uncluttered and intuitive, there’s in-app support for NFTs and dApps, and you even get a dedicated Web3 browser. This means that you can use it to access various decentralized apps and play-to-earn games with ease. 

When it comes to Bitcoin, it lets you swap it, store it, and even buy it directly from the app with either crypto or fiat. 

Trust Wallet is a highly secure and reputable crypto wallet used worldwide.

Binance is not overly popular among US lawmakers at the moment, and it faces several regulatory issues, but Trust Wallet is still non-custodial. In other words, the private keys are yours, so you don’t have to worry about Binance misusing them or your crypto assets. 

If you want a wallet that you can use for other cryptocurrencies, too, you can hardly go wrong with Trust Wallet, as it supports the largest number of coins and tokens of all wallets on this list — more than 4.5 million of them. This is largely due to the fact that Trust Wallet supports 65 blockchains. For more information interested users can read our full Trust Wallet review today. 

Pros pros:

  • Supports millions of coins and tokens
  • High user ratings
  • Supported by Binance DEX
  • One of the best Cardano wallets
  • Lets you earn interest on 12 cryptocurrencies
  • Simple interface attuned to beginners

Cons: cons

  • Binance’s regulatory issues in the US
  • No cold storage support

Wallet type Hot wallet
Number of supported cryptos 4.5 million (mostly tokens)
Fee for buying Bitcoin 1%
Mobile app Yes
Staking/interest Yes
Ethereum staking/interest rate N/A

11. Coinbase Wallet — Bitcoin Android Wallet With a Simple Setup Process and App Layout

Coinbase wallet features a simple setup process and layout.Coinbase Wallet is a standalone, limited, open-source crypto wallet integrated with this popular exchange. The majority of US crypto fans know that Coinbase is the go-to platform for most. Still, many are unaware that the company’s wallet is fully non-custodial, giving you complete control of your crypto assets. 

The wallet supports many cryptocurrencies — Bitcoin being one of them, of course. You can easily move your coins from Coinbase to the wallet, but if you want to use the app only, you’ll still have the chance to buy, sell, swap, and even convert your BTC directly.

Coinbase Wallet lets you store and manage crypto, NFTs, and even other wallets.

In addition to working on a wide range of devices, the wallet has many capabilities. Not only does it hold crypto, NFTs, and other wallets, but it also supports thousands of dApps and tokens. It’s likely you’ll find what you need even if you want to use it for more than just Bitcoin storage.

It’s marketed as a Web3 crypto wallet, which can be your gateway to the world of decentralized programs, games, and other projects. 

Besides being non-custodial, the wallet also boasts numerous advanced security features and the latest encryption technology. You get to add biometrics and a passcode, which gives you extra security options that should improve the safety of your funds further.

Pros pros:

  • Easy to set up
  • Simple app layout 
  • Broad functionalities
  • Seamless transfer from Coinbase CEX
  • Multi-platform wallet
  • Lots of educational content on the site

Cons: cons

  • Not fully open-source
  • No 2FA or multisig support
  • High transaction fees

Wallet type Hot wallet (partnership with Ledger allows cold storage)
Number of supported cryptos 100+
Fee for buying Bitcoin 1%
Mobile app Yes
Staking/interest Yes
Ethereum staking/interest rate 6% per year on average

Basics of Bitcoin Android Wallets — How Do They Work?

Bitcoin Android wallets are apps you install on your Android device. They connect to the Bitcoin blockchain and allow you to control your BTC — that is, to monitor, sell, buy, or exchange your assets.

Bitcoin Android wallets are cryptocurrency wallets you can install on your Android device or a tablet with Android OS. They are mostly meant for storing cryptocurrencies, but you can also use them for buying, selling, trading, swapping, and even staking. 

Most Bitcoin wallets are crypto wallets, allowing users to store various cryptocurrencies, not just Bitcoin. 

The process is complex, and it requires knowledge of how cryptocurrencies work. In short, a Bitcoin wallet communicates with the Bitcoin network, which allows you to take control of your Bitcoin assets. 

In a sense, it’s similar to having a physical wallet. However, here, the wallet doesn’t keep actual cash but saves cryptographic data that are necessary for accessing your Bitcoin funds stored on the blockchain network. In other words, the wallet is a medium for accessing and using cryptocurrencies. 

As you’ve seen from our list, there are several types of wallets, each with a unique set of features and capabilities. 

They can be hot and cold. Hot wallets are connected to the internet, while cold ones aren’t. In other words, cold wallets are much safer, as there is no way for a hacker to access them, but they are impractical for everyday use. Hot wallets can be web-based, desktop, or mobile, while cold ones can be hardware or paper-based. 

In this piece, we’ve specifically focused on mobile wallets made for Android devices. However, they can either have some cold storage capabilities or easily connect to cold wallets, thus allowing you to store your crypto assets offline. 

If you want to keep your privacy, you’ll want to get an anonymous Bitcoin wallet for Android. On the other hand, if buying, selling, trading, and swapping BTC matters most to you, go for a wallet that has all of these capabilities. We’ll go into more detail later in the article so that you know exactly how to choose the right wallet for your needs. 

Benefits of Android Crypto Wallets

There is no doubt that using a crypto wallet is necessary. But what makes using an Android crypto wallet beneficial? Let’s review the main advantages, especially those that trump the benefits of other types of wallets:

  • Convenience — As mobile wallets are apps on your Android phone, you can take them wherever you go. It makes them similar to hardware wallets, but they are a lot more user-friendly. 
  • Intuitive interface — Bitcoin wallet apps for Android devices are typically more user-friendly than the majority of other options due to their uncluttered, no-nonsense design that puts an emphasis on minimalism and usability. 
  • Easy to set up and use — Most mobile wallets are easy to set up. After downloading and installing the app, you’re only required to register and follow simple step-by-step instructions to set up your address.
  • High speed — Many Android wallets offer customizable fees, allowing you to pick the fastest option. Naturally, this will usually result in higher charges, but they are typically worth it if you’re in a hurry.
  • Option to pair up with hardware wallets — Many Bitcoin users consider mobile wallets less secure. This is often true, as they are just another form of a hot wallet. However, many BTC Android wallets allow integrations with other notable hardware wallets or offer their own cold storage options. 
  • QR codes — QR codes are only available on mobile wallets. As anyone who has ever used them to pay bills knows, they are a lot more convenient than copying/pasting addresses. Plus, this eliminates the possibility of making a mistake.

Safety — How to Pick a Secure Cryptocurrency Wallet for Android

Mobile wallets are considered less secure than most other crypto storage solutions. However, many Android wallets offer cold storage support, so you can keep most of your assets in a safer place.

Android crypto wallets are not as safe as cold wallets, primarily because they are connected to the internet and are typically custodial, meaning your private keys are not completely yours — instead, they are kept safe by the company manufacturing the wallet. 

Ideally, every BTC holder should keep their private keys for themselves, but this is not always possible for various reasons. 

It’s thus best to focus on using Android wallets with cold storage support and various advanced security features. Cold storage is sometimes offered through partnerships with reputable hardware wallet manufacturers, as in the case of Exodus or Coinbase. 

Moreover, advanced encryption methods are also necessary, especially for private keys and other sensitive data. Proper encryption can make custodial wallets completely secure, as even a breach will not lead to the loss of private keys. 

Mobile wallet users can also improve their asset security by using advanced safety options like biometrics, passkeys, two-factor authentication, and more. It’s thus crucial to choose Android wallets that have these features implemented.

Factors to Consider When Comparing Android Crypto Wallets

With so many options available, it’s hard to find the best Bitcoin wallet for Android. Let’s review the factors you need to consider so that you can narrow down your choices.

Online Reputation

Online reputation is crucial. Check online reviews and user feedback to determine how others feel about the wallet. The overall rating and user reviews on Google Play Store will also prove helpful, as almost all wallets are listed on the store. 

Security Features and Cold Storage

Security is vital in the crypto world. It’s best to pick a cold wallet, but since hot ones are more convenient, you should ensure they have advanced security features. This primarily includes locally stored encrypted private keys or proper security measures and a good track record. It’s also good when the hot wallet has cold storage options or support through official partners. 

Supported Cryptocurrencies

Even though you may want to use it solely for Bitcoin, the best wallets are often made with various cryptos in mind. You might change your position in the future, so the more supported coins and tokens it boasts, the better. 

Buying, Trading, and Swapping Features

Crypto wallets are primarily used for storage, but it’s better to have a wallet with buying, trading, and exchange capabilities if you plan to do more than simply store coins.

Added Features

Additional options are always desirable, as you’ll likely need quite a few in the future. This includes staking capabilities for various cryptos, payment gateways, live conversation rates, push notifications, QR codes, and Web3 features. 

How to Set Up and Start Using an Android Bitcoin Wallet 

Setting up a Bitcoin Android wallet is usually quite simple. Here’s how the process works with the Best Wallet app:

Step 1: Find and Download the Best Wallet App

Android users can search for the Best Wallet app through the Google Play store. The app is also accessible through the App Store and will soon be compatible on desktop devices. Click on ‘Download’ to access this crypto wallet completely free of charge. 

best wallet app

Step 2: Create a New Account

After downloading Best Wallet, open the app and start completing the registration process. All one needs to do is enter their email address or connect directly by selecting the ‘Continue with Google/Apple’ button. 

best wallet login

Step 3: Complete Security Requirements 

While not compulsory, Best Wallet will allow users to set up a two-factor authentication verification system. This feature gives users an extra layer of security by sending a six-digit verification code on their registered device. 

Users must set up a mandatory four-digit PIN – through which they can access the Best Wallet app. Best Wallet also provides fingerprint login options. 

best wallet main wallet

Step 4: Browse the Best Wallet App

Now that your wallet is downloaded, you can go through the various features of Best Wallet. Trade cryptos, access the DEX, and hold all your cryptos under one ecosystem. The upcoming features, such as market insights and staking mechanisms, will also provide for a seamless trading experience. 

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

Bitcoin Android wallets are necessary for every BTC holder who wants to access and use their funds on a Samsung Xiaomi, Pixel, or any other phone that uses Android OS. Each Android wallet offers its own benefits, so the goal is to choose the best Bitcoin wallet for Android that suits your unique needs.

If you’re unsure what to get, you can always go for our top choice. Best Wallet is more than just a cryptocurrency wallet, it is a Web3 ecosystem that allows users to hold all their crypto wallets and assets under the same roof. 

Users can access a decentralized exchange, trading insights, token analytics, and an NFT gallery. By holding the $BEST token, investors also get exclusive access to new crypto launches and reduced trading fees. 

Cryptoassets are a highly volatile unregulated investment product.

References:

FAQs

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Michael Graw
Editor

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.