What is the best bitcoin wallet? / part 2 - Mycelium

Mycelium is one of my favorite Bitcoin wallets.

It is an open source and well-established Bitcoin wallet with an active developer community that is always innovating.

This is a frictionless tool for storing bitcoins, as it requires no email verifications, no onboarding, and no usernames/passwords to get started.

If you are new to Bitcoin, you will love Mycelium’s very easy to use UI.

Moreover, you control your Bitcoin private key and can always import it when you need to.

Mycelium is an HD wallet which provides you with a 12-word backup seed key which you should write down somewhere and keep safe. In case you damage or lose your device, this backup seed key will enable you to recover your bitcoins.

Mycelium is compatible with Ledger Nano S, KeepKey, Trezor, and also with paper wallets.

At present, Mycelium is available on Android and iOS platforms.

Always remember: If you lose those 12 words, you will lose your bitcoins.