Which are the top 5 mobile wallets in the market today? Finding the most suitable mobile wallet for your cryptocurrency can be confusing. You need a mobile wallet that is not only easy to use but is also credible.
Top 5 Mobile Wallets For 2019
1. Coinomi Mobile Wallet
This multi-currency wallet is compatible with Android and iOS devices. It supports major cryptocurrencies including Bitcoin, Dash, Ethereum, Zcash, and Litecoin. To make trading easy, you can integrate Coinomi with Changelly and ShapeShift, which are some of the most renowned cryptocurrency exchange websites.
Coinomi also offers its users a One-Time Backup feature, which allows them to create a backup phrase that they can use to recover their private keys thus restoring access to their coins.
2. Jaxx Mobile Wallet
This is another popular multi-cryptocurrency mobile wallet. Jaxx Mobile Wallet works with both Android and iOS. The fact that you can integrate Jaxx with ShapeShit means you can conveniently exchange cryptocurrencies from within this mobile wallet.
Besides being easy to use, Jaxx Mobile Wallet is excellent for individuals who often pay for items using cryptocurrencies. Nonetheless, your wallet can easily get hacked when using public Wi-Fi networks. If someone steals your PIN-less phones, it is also easy for them to access your wallet.
3. Bitcoin Mobile Wallet
This user-friendly mobile wallet is meant for beginners who are making their nascent steps into the cryptocurrency world. What makes Bitcoin Mobile Wallet appealing is the fact that you don’t need to create an account to use it. The wallet is only meant for Bitcoin transactions.
Bitcoin Mobile Wallet can be underwhelming for individuals who are seeking to diversify and grow their portfolio by investing in different cryptocurrencies. Even so, it is among the oldest and most popular mobile wallets in the market and still offers users plenty of incredible features including offline payments and NFC support.
4. Airbitz
This is one of the latest yet impressive cryptocurrency mobile wallets in the market. Airbitz is renowned for its incredible level of security and its focus on users’ privacy. Only users can access their transaction history because unlike other mobile wallets, this information isn’t disclosed to either third parties or Airbitz.
Airbitz can only be used to store and transact Bitcoins. The mobile wallet does not also set any fees since the developers consider the fact that Bitcoin is already charging you. The wallet’s interface is also easy to use, friendly, and navigable.
5. Infinito Wallet
This multi-currency mobile wallet is an excellent solution for cryptocurrency lovers who wish to diversify their portfolio. Infinito Wallet is a universal mobile wallet that offers flexible storage mechanisms. It is also characterized by optimal security since none of your transactional data is stored.
Infinito Wallet also offers excellent customer support. Nevertheless, the wallet’s lack of SFA has attracted considerable criticism.
Conclusion
There is no better way of managing your cryptocurrency investment portfolio than using a mobile wallet. Nevertheless, it is advisable to choose a wallet that accepts different coins since this will help you diversify. You can read more on the top 5 mobile wallets and latest crypto news here.