About Mycelium Wallet
Mycelium Wallet is a cryptocurrency wallet software from Mycelium that provides secure storage and management of digital assets. It combines advanced security features, multi-currency support, and a user-friendly interface so users can manage their cryptocurrencies efficiently. Mycelium Wallet allows users to access Bitcoin, Ethereum, and other altcoins, ensuring flexibility in managing various assets. It also supports hardware wallet integration for improved security. Users can easily make transactions, track portfolio performance, and exchange cryptocurrencies within the app. Key capabilities: security features multi-currency support hardware wallet integration transaction tracking portfolio management Best for: cryptocurrency enthusiasts and traders that need a reliable and secure method to manage their digital assets.
Mycelium Wallet stands as one of the most established and security-conscious Bitcoin wallets in the cryptocurrency ecosystem. Designed with experienced users in mind, it delivers a powerful set of features centered around privacy, user control, and direct interaction with the Bitcoin blockchain. Unlike many modern wallets that prioritize sleek designs and simplified interfaces, Mycelium opts for a functionality-first approach that empowers users with detailed insight into their transactions and wallet behavior. At the heart of Mycelium is its non-custodial structure, which gives users complete ownership and responsibility over their private keys—an essential attribute for those who value self-sovereignty in managing digital assets. The wallet supports both HD (Hierarchical Deterministic) and single-address account types, catering to users with different preferences for fund management and security. Its advanced transaction capabilities—such as SegWit support, Replace-by-Fee (RBF) functionality, and the ability to precisely set miner fees—make it ideal for those who want to fine-tune the cost and speed of their Bitcoin transactions.
Pros & Cons
- +Feature-rich and efficient crypto wallet.
- +Secure wallet with cross-platform access via websites and apps.
- +Fast and easy transaction process.
- +Hardware wallet connectivity for enhanced security.
- +Secure incognito mode for private transactions.
- +Built-in gift card purchasing store using crypto.
- −Limited support for multiple crypto wallets within the software.
- −Customer support system and response time could be improved.
Features
Key features
- Non-Custodial and Reproducible Wallet
- Mycelium is a non-custodial wallet, giving users complete control over their Bitcoin, and its reproducible build ensures the app's code is verifiable for security.
- Advanced Cold Storage and Account Options
- It supports advanced cold storage solutions, HD spending accounts, and single-address saving accounts, catering to different security and usage preferences.
- Enhanced Transaction Management with SegWit and RBF
- Mycelium supports both native SegWit (Bech32) and P2SH, along with a bump-fee option (RBF) for managing transaction speeds.
- Robust Security Features Including Hardware Wallet Support and TOR
- The wallet offers strong security with hardware wallet integration (Trezor, Ledger, KeepKey) and TOR network support for IP address masking.
- Emphasis on Privacy and Anonymity
- Mycelium requires no ID or personal data, promoting incognito use and untraceable transactions.
- Direct Blockchain Interaction with User-Controlled Fees
- As a relay to the Bitcoin network, Mycelium allows users to directly set their own miner fees for each transaction.
Additional features
- Bitcoin Wallet
- Specifically designed for managing Bitcoin.
- Direct Download
- Available for direct download (presumably as an APK for Android).
- Download from Google
- Also available on the Google Play Store.
- Customer Support via Email
- Provides support through email at support@mycelium.com.
- Non-Custodial
- Users have full control over their private keys.
- Reproducible Wallet
- The app's code can be independently verified for security.
- Open-Source (Implied)
- Mentioned as reproducible, which often aligns with open-source projects.
- Incognito Use
- Does not require ID or personal identifiers.
- Untraceable (Claimed)
- Aims to provide anonymous transactions.
- Advanced Cold Storage
- Supports secure offline storage methods.
- Saving Accounts (Single Address)
- Offers single-address wallets for saving.
- Spending Accounts (HD)
- Uses Hierarchical Deterministic wallets for generating multiple addresses.
- 100% Secure (Claimed)
- Asserts a high level of security.
- Ethereum Support
- Supports ETH and meaningful ERC-20 tokens.
- In-App Exchange and Trading
- Allows users to exchange and trade cryptocurrencies within the wallet.
- Knowledge Base (In-App Educational Materials)
- Provides educational resources within the app.
- Inter-Wallet Operability (FIO Network)
- Supports the FIO Network for easier transactions between wallets.
- Backup Functionality
- Allows users to create backups of their wallet.
- Easy Restoration
- Accounts can be restored from backup quickly.
- User-Controlled Miner Fees
- Users can set custom transaction fees.
- Standard Fee Options
- The app offers preset fee suggestions.
- No Central Authority for Complaints
- Mycelium is just a relay to the Bitcoin network.
- No Reverted Payments
- Bitcoin transactions are irreversible.
- No Suspended or Declined Payments
- Transactions are not controlled by Mycelium.
- No Blocked Accounts
- Mycelium cannot block user accounts.
- No Cross-Border Control and Fees
- Bitcoin transactions are global and not subject to traditional banking fees.
- Secure and Free Storage
- Bitcoin storage within the non-custodial wallet is free.
- No Subscription Fees
- Mycelium does not charge subscription fees.
- No Payment Limits
- No maximum daily or monthly transaction amounts imposed by Mycelium.
- SegWit Support (Native Bech32)
- Supports the native Segregated Witness address format.
- SegWit Support (P2SH Compatible)
- Also supports P2SH-wrapped SegWit addresses.
- FIO Network Features
- Integrates features of the FIO Network.
- Handy Address Book
- Allows saving and managing frequently used addresses.
- Extended Selection of Exchange Rate Sources
- Provides multiple sources for cryptocurrency exchange rates.
- Convenient Cryptocurrency and Fiat Currencies Denomination
- Displays balances in both crypto and selected fiat currencies.
- BIP-70 Support
- Supports payment requests and execution of external payment requests.
- Indication of Unspent Outputs
- Shows the UTXOs for each Bitcoin account.
- Advanced Transaction History
- Provides detailed transaction information.
- Custom Text Labels for Transactions
- Allows users to add notes to transactions.
- Exchange Rates in Transaction History
- Displays the exchange rate at the time of the transaction.
- Transaction History Export to CSV
- Enables exporting transaction data to CSV files.
- Several Blockchain Explorer Options
- Allows users to view transaction details on different block explorers.
- Option to Display Derivation Address Path
- Shows the derivation path for BIP44 HD accounts.
- Bump-Fee Option (RBF)
- Allows increasing the transaction fee after broadcasting to speed up confirmation.
- NFC Support
- Enables transactions using Near-Field Communication.
- No Fatal Dependence on Development Team
- The reproducible build ensures the app's longevity.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Mycelium Wallet
Mycelium Wallet is a cryptocurrency wallet software from Mycelium that provides secure storage and management of digital assets. It combines advanced security features, multi-currency support, and a user-friendly interface so users can manage their cryptocurrencies efficiently. Mycelium Wallet allows users to access Bitcoin, Ethereum, and other altcoins, ensuring flexibility in managing various assets. It also supports hardware wallet integration for improved security. Users can easily make transactions, track portfolio performance, and exchange cryptocurrencies within the app. Key capabilities: security features multi-currency support hardware wallet integration transaction tracking portfolio management Best for: cryptocurrency enthusiasts and traders that need a reliable and secure method to manage their digital assets.
Mycelium Wallet Details
Mycelium Wallet's In-App Market Place
Does Mycelium Wallet have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
5
Mini Apps
1. Mycelium Gear - Plugin that allows merchants to easily accept Bitcoin payments on their online store through the Mycelium Wallet.
2. Mycelium Local Trader - Add-on that enables users to buy and sell Bitcoin with others in their local area using the Mycelium Wallet.
3. Mycelium Swish - Mini-app that allows users to easily transfer Bitcoin to friends and family using the Mycelium Wallet.
4. Mycelium Entropy - Plugin that adds support for hardware wallets to the Mycelium Wallet
enhancing security and flexibility for users.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CNY (¥), RUB (₽), BTC (Ƀ), ETH (Ξ), LTC (Ł), BCH (BCH), XRP (XRP), ADA (₳), XLM (XLM), EOS (EOS)
Pros & Cons
- Feature-rich and efficient crypto wallet.
- Secure wallet with cross-platform access via websites and apps.
- Fast and easy transaction process.
- Hardware wallet connectivity for enhanced security.
- Secure incognito mode for private transactions.
- Built-in gift card purchasing store using crypto.
- Limited support for multiple crypto wallets within the software.
- Customer support system and response time could be improved.
Mycelium Wallet's Support Options
Email Address
support@mycelium.comMycelium Wallet's Alternatives
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