Bitcoin remains the most expensive cryptocurrency, attracting people to the crypto market because of its potential for a moonshot. That is why crypto trading is one of the best ways to make money online today. But your trade and investment in Bitcoin is incomplete without a wallet. Therefore, we have some top Bitcoin wallets for iPhone users to receive and save their BTC.
Crypto wallets are like a bank account where you receive and save funds. As such, you cannot do any transaction without this account. That is what your Bitcoin wallet does. You can have these wallets as either hot wallets or cold wallets.
But, while you can access these wallets on web browsers, you can also use your mobile device to set up the wallet.
As a smartphone user, you can easily have a Bitcoin wallet on your iPhone, just as there are Bitcoin wallets for Android users.
Therefore, this article guides you on some Bitcoin wallets for iPhone users.
1. Ledger Nano X
The Ledger Nano X is a cold storage device that supports iOS, so you can access your Bitcoin using an iPhone or iPad wallet.
Ledger has produced several cryptocurrency wallets over the years, but the Nano X is the newest and is widely regarded as the most reliable and practical model.
Compared to some of the other top wallets for iOS, it is significantly more expensive.
You can store over a thousand different coins and tokens. It is also much less likely to be successfully hacked because your iOS device is only briefly connected to the physical wallet.
The Ledger Live mobile app and Bluetooth connect your Apple and Ledger products. Users have praised this mobile app for being simple, quick, and intuitive.
You can download Ledger Nano X on the Appstore, which has over 8,000 reviews and 4.9 ratings.
Pros:
- Available in desktop and mobile app
- Allows staking and lending via iPhone
- Enables you to swap assets directly from hardware wallets
Cons:
- Only connected to one exchange
- You need a hardware wallet
2. Coinomi
Coinomi provides one of the oldest crypto wallets for iPhone users. It supports 125 crypto assets with a non-custodial wallet – meaning that you’re the sole owner of the wallet.
You can use its Bitcoin wallet on iOS devices as it provides privacy with no KYC bureaucracy to access your funds. It also includes no identity linking and transaction tracking.
This Bitcoin wallet is best for advanced traders, but beginners can also use it to learn advanced trading features. In addition, Coinomi servers help to anonymize your requests by hiding your IP address from unauthorized access. It also supports SegWit and dynamic Bitcoin network fees.
You can download Coinomi Wallet on the Appstore, which has over 1,700 reviews and 4.6 ratings.
Pros:
- High level of security
- It is SegWit-enabled
- It is user-friendly
Cons:
- Lack of transparency
- No cold storage option
3. eToro Mobile Wallet
eToro is popular as a Bitcoin CFD trading platform, but only a few people know the platform provides an iOS-compatible, fully functional iPhone Bitcoin wallet.
The eToro mobile wallet has the crucial advantage of being supported by a regulated entity, but it is limited to a few countries.
It is free to download and set up the wallet, which is available for iPhone and iPad users. You can exchange one cryptocurrency for another using the built-in exchange platform of the eToro mobile wallet.
Furthermore, this Bitcoin wallet for iOS allows you to buy Bitcoin directly using a credit card.
You can send and receive money using the wallet’s user-friendly interface, which supports more than 120 coins and tokens. eToro is available for download on Appstore as it has about 141 reviews with 4.5 ratings.
It is not surprising that eToro’s mobile wallet offers practical features and a stylish design, given that its trading platform app is among the best in the world. But this is a hot wallet and not perfectly safe like a cold one.
Pros:
- Trading and brokerage services are available
- Available as a standalone app for iPhone
- Various security features like 2FA
Cons:
- No Bitcoin staking
- It is a custodial wallet
- Risk of phishing or scam
4. Exodus Wallet
The Exodus Wallet is a software wallet that increases security using your Apple device.
You can turn on fingerprint or face recognition as a method of identity authentication when you access Exodus through your iPad or iPhone wallet app.
Exodus offers convenient sending and receiving of up to 100 coins, like most iOS Bitcoin wallets.
The app is easy to use and has a minimalistic design. This is crucial, especially considering this mobile wallet’s extensive toolkit.
This exchange allows you to convert cryptocurrencies straight from its built-in exchange. Fiat money cannot be used to purchase or sell digital coins.
You can download and install Exodus for free. The Bitcoin wallet is the best option for seasoned users because it gives access to private keys that, if lost, can make money inaccessible.
The last resort for recovering your funds if you forget your password is to create a seed phrase that users must do for each asset. You can download Exodus Wallet on the Appstore, which has over 1,200 reviews with 4.4 ratings.
Pros:
- User-friendly interface
- Can be connected to a hardware wallet
- Free to download
- 24/7 customer support
Cons:
- No in-wallet crypto to fiat transaction
- Few cryptos are supported in mobile apps than desktop
5. Coinbase Wallet
Coinbase Wallet is an excellent Bitcoin wallet for iPhone users, a significant cryptocurrency broker and exchange platform support. You don’t need to create a Coinbase account to use this wallet.
This wallet is user-friendly, with several sophisticated features like a built-in DApp browser. This enables user interaction with decentralized applications (DApps) built on Ethereum.
You can convert currencies using the wallet’s links to decentralized exchange platforms and access about 100 coins. Coinbase Wallet is available for download on the Appstore with over 131,000 reviews and 4.6 ratings.
Transaction fees with Coinbase Wallet are low. Although the wallet contains private keys, the user cannot access them. This is typically a minor inconvenience that results in more straightforward recovery options.
Pros:
- Latest encryption protocols
- A range of security features
- Wallet from one of the leading exchanges
Cons:
- No Bitcoin staking
- It is a custodial wallet
- Risk of phishing or scam
6. Guarda Wallet
Guarda Wallet is a software (hot) wallet for different operating systems and digital devices. This wallet is free to set up and provides a range of features, including a built-in cryptocurrency exchange.
This wallet also lets you use a prepaid card to buy Bitcoin and other coins directly.
This Guarda wallet enables you to store about 50 coins and tokens. The data and keys used in this non-custodial wallet are kept directly in the Blockchain rather than being held on the wallet itself.
Additionally, users can access your private keys and generate and use their ERC20 tokens. Therefore, experienced crypto users can use this wallet.
It is easy to create a Guarda wallet, but you must always keep your password and code safe to access your funds. You can download Guarda Wallet on the Appstore, which has 848 reviews with 4.2 ratings.
Pros:
- A range of security and anonymous features
- You can buy, swap, borrow, and earn cryptocurrencies
- Excellent customer support
Con:
- Higher in-app purchase fees
7. Trust Wallet
Trust Wallet is a cryptocurrency wallet for iOS and other platforms that provides owners of cryptocurrencies and NFTs with several features.
It supports many assets, including Bitcoin, Litecoin, Ripple, Binance Coin, and Ethereum. Others are ERC-20, ERC-721, and ERC-1155 tokens. Trust Wallets is also linked to 53 different blockchains.
You can interact with decentralized applications (DApp) from the Trust wallet using it as a Web3 browser. Binance officially endorses Trust Wallet, and they are constantly adding new features.
Trust Wallet is available for download on the Appstore as it boasts over 34,000 reviews with 4.7 ratings out of 5.
Pros:
- Highly rated in the App Store
- Huge wallet accepts millions of tokens
- Supported by Binance DEX
- Security features are available
Cons:
- Conversion to online storage is not simple
- Price alerts can stop working
8. CoolWallet S
CoolWallet S is a hardware wallet that is easy to use and carry around. It has a button and integrated display for managing transactions.
Thanks to its Bluetooth or NFC connection to your iPhone wallet, you can easily send and receive cryptocurrencies.
This wallet is one of the safest Bitcoin wallets due to its security features, like facial recognition through iOS and secure elements to store private keys. The hardware is tamper-proof, waterproof, and temperature-resistant.
Since CoolWallet S supports a much smaller selection of coins and tokens, you should only use it to use the most well-known cryptocurrencies. It currently has 96 reviews with ratings of 4.4.
You can access your private keys and choose to reset your password using the Bitcoin wallet app on your iPhone. It is easy and simple to use and enables you to start transactions. You can download CoolWallet S on Appstore to use the wallet on your iPhone.
Pros:
- Supports 2FA
- Ideal for advanced traders seeking privacy
- Connect to DEXs
- Wallet is portable
Cons:
- Set-up is beginner-friendly
- Does not support many coins
9. Crypto.com Wallet
Crypto.com Wallet is one of the services of Crypto.com – a popular crypto exchange with over 70 million users worldwide.
This wallet is ideal for experienced crypto users, as it is one of the best Bitcoin wallets for iPhone.
Beginner traders can find Crypto.com confusing due to its advanced features and trading options. These include spot trading, swapping, derivatives, asset management, etc.
Also, there is Cronos (CRO), a Crypto.com native token that can be staked and earn APY.
You can download Crypto.com Wallet on the Appstore, which has about 6,900 reviews with 4.7 ratings.
Pros:
- Secure online wallet with 2FA feature
- Supports many cryptocurrencies and blockchains
- Supports NFTs and Web3 capabilities
Cons:
- Lacks educational content
- Not a popular wallet
10. Edge Wallet
Edge Wallet is a crypto exchange and blockchain wallet that ensures security and privacy. It is user-friendly and supports 11 cryptocurrencies, including Bitcoin, Bitcoin Cash, Bitcoin SV, Dash, Ethereum, and Stellar.
The Edge wallet’s complete anonymity differentiates it from the other featured options. You don’t need to enter your email address to use its services.
Edge is a non-custodial wallet for crypto assets – meaning users retain complete control over their funds, and the platform is not privy to your password or recovery key.
You can download Edge Wallet on the Appstore as it has over 1,400 reviews of Edge Wallet with 4.4 ratings from iPhone users.
Pros:
- You can earn interest on your cryptocurrency
- Easy to set up
- Possible to buy gift cards on the app
Con:
- No fiat support
Frequently Asked Questions (FAQs)
Is It Easy To Set Up Bitcoin Wallet On iPhone?
Yes, setting up a Bitcoin wallet on an iPhone is easy. The steps are the same as setting up a wallet on other operating systems.
But you can import your wallet on an iPhone or a desktop device anytime. Just ensure to keep your recovery phrase safe.
Can I Buy Bitcoin With Apple Pay?
Yes, yocanto buys Bitcoin with Apple Pay on Coinbase. This is a payment gateway that is exclusively available for iPhone users. But more exchanges are beginning to accept Apple Pay, so you must check to confirm.
Is iPhone Better Than Android For Bitcoin Wallet?
iPhone is not better than Android for Bitcoin wallet. These are different operating systems and have no direct connection to blockchain networks with which you use your crypto wallets.
Speeds and fees are the same when you use any of these systems.
Can I Use Bitcoin Browser Wallets On iPhone?
Yes, you can use Bitcoin browser wallets like Trust Wallet on iPhone. You can easily import your wallet from your browser to your iPhone using your recovery phrase when creating your wallet on the iOS device.
Conclusion
Bitcoin wallet is important to transfer and receive Bitcoin. It allows you to access your coin anytime with your private key. But as innovation is revolutionizing the crypto space, Bitcoin users can have their wallets close to them on the go through mobile wallets that are available for iPhone users.
However, studying the highlighted Bitcoin wallets more is important to know your preferred mobile wallet.
