Mycelium - Best free mobile-only wallet

Why Mycelium: We feature Mycelium as the best mobile-only Bitcoin wallet because of its ease of use and customizability.

Mycelium Wallet Overview

Mycelium is one of the oldest and most reputable Bitcoin wallets around. It is a mobile-only Bitcoin wallet available for both android and iOS devices. It is built on an open-sourced technology, it is PIN-secured and encrypts your Bitcoin private keys before storing them at the root storage of your device. Importantly, Mycelium is compatible with multiple hardware wallets, making it possible for you to hold your Bitcoins in an offline environment.

Pros

• Mycelium features an inbuilt exchange that you can use to buy, sell, and swap Bitcoins with other supported cryptocurrencies.
• The wallet lets you customize such features as the transaction fees.
• Features rather advanced security features than most hot wallets.

Cons

• The feature-rich Mycelium user interface can overwhelm most novice Bitcoin traders/investors.
• It is only available on mobile.