Kakashi2020 Posted January 16, 2021 Share Posted January 16, 2021 Type of wallet: Hot Wallet Purchase cost: Free Compatible with hardware wallet: Trezor and Ledger devices Incorporated exchange: Yes Mycelium is an open-source and mobile-only Bitcoin wallet. Mycelium currently only supports Bitcoin. In some ways, Mycelium is quite similar to the Electrum wallet with some of the differences being that it is mobile-only, has a more refreshed user interface than Electrum’s, and also has a built-in exchange. Mycelium, like Electrum, is one of the earlier wallets in the space. Also like Electrum, you can set custom transaction fees so you can choose how long you’re willing to wait for a transaction to be completed. Mycelium also has a few more interesting features such as hardware wallet support, which allows users to hold their Bitcoin in an offline storage device while still using Mycelium’s user interface to see their holdings. Pros Ability to set custom transaction fees Ability to use hardware wallets Open-source software Cons Mobile only Only works for Bitcoin Could be confusing for a first-time user. https://wallet.mycelium.com/ Quote Link to comment https://slingbank.com/forums/topic/9913-mycelium-wallet-review/ Share on other sites More sharing options...
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