Mycelium Description
Mycelium Wallet is great to use for bitcoiners. We will make it available to everyone. Bitcoiners know that a good wallet is better than any ebanking app, no matter how hard banks try. We believe we should invite fiat people to try the privilege. Blockchain.info awarded the Mycelium wallet the "Best Mobile App" award in 2014. It allows you to send and receive bitcoins while enjoying bank-grade security. Mycelium Local Trader, a decentralized, in-person exchange, is integrated into your bitcoin wallet. Local Trader does not need to store any fiat or bitcoins because the coins are kept locally in your wallet. Local Trader servers are only responsible for arranging the trade between buyers or sellers, managing the transaction and calculating reputation ratings based upon the trades. Mycelium Local Trader is a decentralized in-person exchange that is built right into your bitcoin wallet. Because the coins are stored locally in your wallet, the Local Trader exchange never needs to hold any of your bitcoins or fiat. Local Trader servers only help arrange the trade between buyers and sellers, manage the transaction, and calculate reputation ratings based on the trades.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Good opinions about Mycellium Date: Mar 02 2023
Summary: An excellent choice for hodlers.
An overall safe choice for storing Bitcoin and ERC20 tokens safely.Positive: - fast and reliable;
- supports multiple local currencies;
- implements a decent exchange;
- supports Bitcoin HD address and ERC20 tokens on Ethereum network;
- reasonably secure;
- open source;Negative: - does not support biometric (fingerprint) unlocking;
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- slightly outdated styling;
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