The Best Bitcoin Wallets for iPhone

Welcome iPhone and iOS users, we’ve hand-picked 6 of the absolute finest Bitcoin wallets for your powerful pocket device. Searching for security? Hunting for helpfulness? Pursuing plenty of altcoins compatibility? Let’s see which wallet app is for you…

#1 Coinbase — Best Bitcoin Wallet For iPhone 2019

When Bitcoin and other cryptocurrencies surged in the late months of 2017, Coinbase profited, thanks to their superior UX/UI, and the easiest customer journey for buying crypto. They became the go-to on-ramp for first-time buyers who were clamouring to get their hands on these exciting digital assets that were hitting the headlines. The company now boasts more than 43 million verified users and has been a major factor in the whole market cap of crypto going over $1 trillion.

Coinbase is free to download, fast to provide verification, and has mitigated anxiety when buying crypto, by making the purchasing process as convenient and simple as doing your online shopping. On top of that, you can also earn cryptocurrency rewards on the platform simply by taking their short courses and watching videos.

Purchases of Bitcoin and dozens of other cryptocurrencies can be made directly through the iPhone app, with a 3.99% fee by credit card or a 1.49% charge by debit card. Trading from one crypto to another has a very, very high 2% fee, especially compared to rivals Binance whose trading fee is just 0.1%.

In this industry, convenience is costly.

App Store Rating: 4.7

#2 ZenGo — All-Round Quality iPhone Wallet

We continue this list with ZenGo, a keyless crypto wallet for iPhone that doesn’t hold back when it comes to security. With unique cryptographic technology in action, as well as biometric and facial recognition software, ZenGo users don’t need to take the risk of protecting their private keys.

The internal exchange allows users to buy, sell, trade, and stake cryptocurrencies. The DeFi coin staking scheme allows users to get agreed returns by locking in their Tezos for a certain amount of time.

Great UI and UX, highly-rated processes, and excellent portfolio tracking options, where could ZenGo fail to win over any potential wallet-holders? Well, their downfall is that they only support a small handful of cryptocurrencies:

• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin (BNB)
• Dai (DAI)
• Maker (MKR)
• USD Coin (USDC)
• Tezos (XTZ)
• Tether (USDT)
• Aave (AAVE)
• Uniswap (UNI)
• Kyber Network (KNC)
• The Sandbox (SAND)
• Paxos Standard (PAX)

Since some of their competitors can store thousands of altcoins, this is not the wallet for someone with a diverse portfolio.

App Store Rating: 4.6

#3 Coinomi — Best Bitcoin Wallet For iOS 2018

Back in 2018, Coinomi was the new kid on the block, winning crypto-investors left, right, and centre. In 2021, the things they innovated have become commonplace in the Bitcoin wallet market, but that’s not meant as a criticism. Simple for beginners, highly-secure, and with millions of users, the app is a complete success. Add to the mix 24/7 customer support, 25 languages, and zero hackings since their launch, and it’s clear to see why their community heap such praise upon Coinomi.

As we saw with ZenGo above, supporting a diversity of altcoins is important to crypto-enthusiasts, which is why Coinomi’s iPhone users can cheer about the 1,700 cryptocurrencies and 125 different blockchains that are supported.

Opening an account does not require KYC checks or any identity-linking procedures, however, if you wish to buy crypto directly from them, you will need to go through some KYC checks. Trading instantly from crypto-to-crypto is anonymous, as even the servers are designed to anonymise user requests.

App Store Rating: 4.4

#4 Edge — Best Bitcoin Wallet For iPhone 2020

In 2020, Edge really showed what it was made of, attracting hundreds of thousands of new users and establishing themselves as an authority in the mobile wallet marketplace. Their open-source development allows users to be assured of their code and security protocols. As a non-custodial wallet, users must protect their own keys, and all encryption is tied to the mobile device, not Edge’s servers.

Potential Edge users will be interested to know that they have partnered with 18 different payment provider gateways and exchanges, allowing users access to a number of exciting features, most excitingly the ability to spend their crypto directly with hundreds of businesses. The following partnerships are particularly exciting:

• Wyre
• Simplex
• Changelly
• MoonPay
• LibertyX

Edge rebranded from Airbitz in 2017 and has gone on to experience even greater success ever since. iPhone user downloads have grown, thanks in part to require no personal information to get signed up and store your cryptocurrencies. Certain features will require KYC checks, typically those that engage with fiat currencies, but if you just want to use the wallet as it was originally intended, for storage, then it’s great. The biggest downside of Edge could be that it supports only 32 cryptocurrencies.

App Store Rating: 4.4

#5 Cobo — Best Bitcoin Wallet For iOS In… The Future?

Since launching in 2018, Cobo has welcomed more than 700 different cryptocurrencies and 30 blockchains into its excellent wallet service. With users having the option between a free cloud wallet or a paid-for hard wallet device, we can see that Cobo is really invested in helping the wallet market to progress. They’re also one of the first wallets to innovate Proof of Stake mining rewards, offering users up to 40% annual returns on staked crypto.

Users from more than 80 countries can enjoy their services, with the technology allowing them to recover their accounts even if they forget or lose their mnemonic phrase or master seed. Users cannot purchase cryptocurrencies from Cobo, as there is no brokerage service, but we think the highly secure DeFi staking feature, which boasts excellent returns, will make this wallet one of the top choices for 2021 and beyond.

Encryption is mostly done on the user’s device, with Cobo also performing hot-cold server separation to increase the levels of security. The app is not as highly reviewed as some of the others on this list, due to bugs, interface issues, and KYC verification problems.

Right now, Cobo needs work, but if it solves its problems, it could be a real market force.

App Store Rating: 3.7

Editor’s Pick: Atomic Wallet

We’ve included Atomic as something of a wildcard because it offers loads of great features, including cash-back on purchases if you hold their AWC token, coin staking for 11 different cryptocurrencies with gains up to 20%, and compatibility with hundreds, if not thousands of blockchain projects. Another feature which has to be mentioned is Atomic Swaps, which allows for instant crypto-to-crypto conversions without having to leave the wallet, and even when the two coins being traded do not have a direct market pair.

KYC checks are only required when purchasing cryptocurrency directly from Atomic, otherwise, you do not need to provide any personal information to open the wallet, store coins, or trade.

There are some downsides, like high fees for purchases and trades, but convenience is always costly in the crypto world. If you want a wallet that looks and feels great, with excellent compatibility, customer support, and live charts, Atomic could be the wallet for you.

App Store Rating: 4.5

Got any questions about Bitcoin Wallets for iPhone?

Our Telegram team would be happy to answer your questions, or, you can get in touch via email at: michal@probinex.com