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The app is available for download on Google Play Store. MyCelium Wallet Ease of Use MyCelium is quite easy to use, although there are some complex features, which might prove difficult for a newbie user to navigate. This wallet is for you if you are looking for a smartphone wallet for day-to-day BTC transactions.
You also get to do a once-off back up.
What’s your operating system?
Bit ID open protocol account: This open protocol allows secure authentication. This is because classical password authentication is an insecure process.
This allows the wallet to store large amounts in a secure manner. To btc top addresses this, the user deletes the private key from their device and import it back when needed.
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It allows the wallet to watch for outputs but not spend them. Hardware Account: Wallets of this type are for offline hardware devices only. You should copy this and store btc top addresses in a safe place.
Next, create a PIN code. This will make sure that the only hands in your wallet are yours. Other cool features include the market place and integrations with hardware wallets such as Trezor and Ledger.
The wallet also integrates with Cashila, Glidera and Coinapult to facilitate deposits and withdrawals. With these, your wallet connects to the backend servers using the Tor network. This ensures that you use the wallet services anonymously.
Security When it comes to security, MyCelium utilizes enterprise-grade features to back up the wallet. It is an HD wallet thereby presenting an extensive backup option for securing private keys.
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In addition, the PIN Code function allows you to lock in key functions until you need them. In case your device gets missing, your wallet is accessible from a different device. When the app is opened for the first time, you will have the option to recover a wallet.
You can do this using your seed phrase. Where to buy MyCelium Wallet Visit the mobile app stores to download for free.