More and more physical stores and shops that accept Bitcoin as a payment method. Over time and due to this exponential growth, many developers and companies began to develop mobile wallets so that users could easily send and receive bitcoin transactions from a device that increasingly uses more people, the Smartphone.
Now that you know how bitcoins are stored and some of the safest and fastest wallets for computers, it is time to learn about the existing alternatives for mobile devices so that you can always carry your bitcoins with you, pay for services or products from your device mobile and even make a demonstration to any seller to see how comfortable and safe it is to pay and receive payments with bitcoin.
2X1! Useful for you and educational for the merchant who may start accepting bitcoin in your trade. Who better than you to recommend this electronic payment system?
1. Benefits of Bitcoin mobile wallets
In addition to the versatility that we have discussed in the introduction of this article in our guide, mobile wallets often share many of the characteristics of current portfolios in terms of security and functionality.
a. Ease of use
You can use the BTC wallet in a similar way that you would use the official application of your bank or Paypal platforms to make a payment. In less than 1 minute, you can be sending and receiving payments. It’s that simple!
b. Increasing the payment method
Already more than 7,500 merchants (documented) have begun to accept bitcoins as a payment method worldwide. You can find all the stores nearby you from CoinMap and use the mobile for all your purchases.
Some of the traditional means to protect your BTC generally integrate extra security measures, for example, access passwords as well as double authentication factors (2FA).
In this way and although anyone had access to multiple applications of your cell phone, they would have to know your new access password to access the form and even a PIN to make payments. For more detail click here at the profit secret
Maximum comfort and maximum security
d. Other features
No registrations or added costs. All the purses that we will cite in this article are available for free to anyone who downloads them.
Option to take the backup of transactions and get rid of the loss of your bitcoins. These wallets allow you to import and export your private keys in the simplest way possible.
2. How to choose your mobile bitcoin wallet?
The use of Bitcoin, as well as other available cryptocurrencies as a payment method, is supported by smartphones as a platform to pay quickly in establishments of all kinds.
To facilitate use, different smartphone wallets have been developed that allow easy use when making payments.
Most smartphone wallets are compatible with the two most important operating systems on the market: Google Android and Apple iOS.
We must emphasize that Windows Phone is a forgotten operating system in time and that it is no longer used; therefore, there are currently no compatible cryptocurrency wallets.
3. Why a smartphone wallet?
Today we use our smartphone for everything, to communicate, buy, book flights and hotels, inform ourselves, and practically anything we can think of.
That is why they are fundamental to the cryptocurrency ecosystem because their purpose is to allow the use of cryptocurrencies to make purchases in establishments in a comfortable, fast, and simple way.
Some of the most critical aspects of these smartphone wallets are:
- Easy to use
- Increasing the payment method
- High-security level
- No Need for registration
- Constant updates to maintain security and integrity
- Making backup copies
- They are entirely free.
- They accept multiple cryptocurrencies.
- Leading wallets for Android and iOS
The Mycelium project was initially called Bitcoin Spinner, but on September 13, 2013, it was renamed Mycelium.
The company that develops it is based in Vienna, Austria and is called Region Research Development (creators of other products for the Bitcoin ecosystem such as Entropy or Bitcoin card).
In addition to offering a smartphone wallet, they offer a payment gateway, their card to pay with Bitcoin, and a cold wallet.