Over the years, Bitcoin has never stopped growing in the digital market. Its expansion has led to more developments and creation of other cryptocurrencies, and the competition is getting tighter. With that, wallets were also established to secure the coins of every user and for their convenience as well. There are different wallets like hardware wallets, web wallets, desktop wallets, paper wallets, android wallets, iOS wallets, and more. These wallets hold private keys and allow users to do transactions like receiving, sending, storing, and buying of Bitcoins. Although many iOS users were frustrated after bitcoin was banned in 2014 of February, services resumed after a few months.
Advantages of Bitcoin Wallets for iOS
In today’s modernized era, the use of cryptocurrency is already widespread and also universally accepted as payments for goods or services. Slowly, the government is also in the process of accepting the legality of Bitcoin (BTC).
In the United States, Florida is the first state to legally accept BTC allowing its residents to pay their taxes with the use of Bitcoins.
With the different types of wallets available, according to experts and users, mobile wallets are the most convenient, flexible, and comfortable to use. Through the mobile app, users can pay goods or services instantly via the NFC technology or QR code on the display and can also perform a withdrawal of funds to WebMoney (WMX-type accounts), Kiwi accounts, or Yandex Money.
Best Bitcoin Wallets for iOS
Bitcoin wallets for iOS are application in Apple mobile phones that authorize users to perform transaction like buying and sending of BTC with the use of their iPads or iPhones. Thankfully, iOS resumed serving its users who are into BTC after stopping its service in 2014.
To guide all bitcoin customers who are using the iOS operating system on which wallet to use, the following pieces of information were collected:
Blockchain, headquartered in Luxembourg, started its operation in August 2011. It is compatible with iPad, iPhone, and iPod touch and requires iOS 10.0 or later. What makes this a good wallet is its availability in many languages aside from the English language. It is available in Arabic, Hebrew, Danish, Chinese, Thai, Swedish, and Portuguese – just to name a few.
Because it is easy to use, it becomes one of the most popular and user-friendly wallets these days. In 2016, Blockchain upgraded and add improved security attributes by making it a Hierarchical Deterministic wallet (HD wallet) wherein addresses is to be used only once. Although this platform saves its users’ wallet on their servers which involves third-party risks, its overall features imply solid security which is one of the most important things in the digital industry.
Aside from the above mentioned strong characteristics, Blockchain is also increasing trading features, blended the potential to buy bitcoins on Android and also trying to expand more to support more coins.
Abra, founded in 2014, is an amazing bitcoin wallet and a trading platform that is available in the English language. It is accessible worldwide serving over 100 countries. This American platform is compatible with iPod touch, iPhone, and iPad and also requires iOS 11.0 or later.
What makes Abra standouts from the blockchain industry is that it wants to be an all-in-one instrument for users to control and manage both of their cryptocurrencies and fiat money. Users can also increase their money by either using their bank accounts or cryptocurrencies which include bitcoin, bitcoin cash, and litecoin worldwide and can also trade to the chosen currency almost immediately.
Abra users can invest in 30 cryptocurrencies, and it gives them full authority in controlling to hold their investments. The security is one of its strong points, and it is free to download.
While downloading this app is free, users should keep in mind that each transaction has its designated fees. An email address and a phone number are also required in this wallet thus, users who want to be anonymous should consider.
#3 Edge (previously Airbitz)
Security of cryptocurrency wallets and trading platforms have been part of the main concerns of blockchain traders. Airbitz, created in 2013 but soon rebranded as Edge, came out better in terms of performance, user-friendliness, security, and more features to cater to its customers’ needs making it a pro-client.
Edge is currently supporting 11 cryptocurrencies – Bitcoin, Bitcoin SV, Bitcoin Cash, Dash, Litecoin, Ethereum, Monero, Stellar, Digibyte, Ripple/XRP, and EOS.
With its beginner and user-friendly feature, users can take full control of their private keys with ease. Only the user can have access to his stored money and data. Edge, being also a cryptocurrency exchange, the users can simply trade currencies to others with a few steps.
Discounts are also available for bitcoin users who use the Edge because they are into partnership.
#4 Ledger Nano X (Hardware Wallet)
Hardware wallets are one of the most secure types of wallets to save Bitcoin for they are not linked to a network thus making them hard targets of attacks.
The Ledger Nano X, a hardware wallet, is the newest wallet by Ledger being launched in March of 2019. This newly released Ledger wallet supports as far as 100 cryptocurrencies. With the use of Ledger Live mobile app, the wallet can connect to the mobile devices with the use of Bluetooth.
While the Ledger Live mobile app download is free, the Ledger Nano X wallet comes for a price of $119.
The Bottom Line
The main purpose of digital wallets is to store BTC and ease the sending and receiving of Bitcoins. While wallets come in different types, like desktop wallet, web wallet, hardware wallet, mobile wallet, and so on, users must validate how a certain wallet performs.
The Bitcoin wallets for iOS mentioned will guide you on which wallet to choose. Always remember that your security relies heavily on you so you must pay attention to details no matter how secured a wallet is.
To know if the wallet you want to use supports Bitcoins, check their website so you can also learn more about their services.