In February 2014, Apple banned all Bitcoin wallets from its App Store. However, it has reversed its decision and now hosts a number of awesome Bitcoin wallets available for iPhone and iPad running iOS.
You should always do research before downloading or installing any Bitcoin wallet.
Blockstream Green is one of the most unqique and secure iOS Bitcoin wallets on the market. It uses a 2-of-2 style backup so if you ever lose your backup, you can use any two factor authentication to recover it. It's also super simple to set up and requires no registration other than an email address.
Zengo is a new kind of cryptowallet where your private key is encrypted and stored on Zengo's server and accessed via your iPhone's FaceID technology. This makes it easier to restore your wallet if it's ever lost, but you must trust Zengo to be honest and competent at protecting your keys.
Ledger Live is a little bit different than all the other wallet apps on this list. That's because you actually need a Ledger hardware wallet for it to work. This makes it by far the most secure iOS wallet app on this list, but it also means that using it isn't exactly 'free'.
BRD is good for new bitcoin users who are just getting comfortable sending and receiving bitcoins. The UI is one of the best among iOS Bitcoin and crypto wallets and you don't need to do any sort of sign up process to use it. However, some users report syncing issues and technical support is not known to be great.
Mycelium is one of the oldest and most trusted mobile Bitcoin wallet apps on the market. However, the Android app is widely regarded as superior to the iOS version.
That being said, its packed with features and even shows tickers and stats for traditional stocks so if that interests you, it may help you delete some other apps on your phone as well.
Jaxx Liberty is a very popular bitcoin wallet with support for tons of different coins, an in-app exchange and native block explorers. The news panel that lets users know of the latest news regarding their coins is a nice touch. Some, though, have run into issues with various altcoins on Jaxx Liberty.
Edge is a feature packed Bitcoin wallet for iOS. It aims to make spending bitcoins a breeze, since it offers a Bitcoin merchant directory and the ability to buy gift cards from within the app! Also Edge takes advantage of your Apple device by allowing you to use faceID and TouchID to unlock your wallet.
Copy is the Open-srouce version of the popular Bitpay wallet and bitcoin payment processing app. One thing that may prevent you from choosing Copay may be tha fact it is a Bitpay product. The wallet itself though is pretty good if you don't care about Segwit support.
If after reading this you’re converting to Android, then check out the best bitcoin wallets for Android!
Now that you have chosen a wallet, let's transfer some funds into it.
In this brief walkthrough, we will show you how to add funds to your iOS wallet
For you to add funds to your iOS wallet, you will need to find an exchange to buy crypto from then transfer it to your iOS wallet. Many iOS wallets have exchanges native to them (as seen above), however, these exchanges generally charge very high fees for the convenience, so it’s generally better to use a dedicated exchange, like Kraken or Coinbase.
You’ll need to choose an exchange that services your country and/or state. You can find a full list of exchanges sorted by country and preffered payment method on our exchange finder or you can see the most popular exchanges below:
After you have bought your crypto, you’ll need to send it to your wallet. To do that, do the following:
After that, you should receive a confirmation with a transaction ID of some kind. Here is what that might look like.
iOS wallets have the advantage of being free and easy to use. However, using an iOS wallet also poses many dangers to your coins.
Making sure your coins are not stolen through malware or ransomware is difficult to avoid on an iOS wallet.
This is what makes hardware wallets so appealing. Hardware wallets never connect to the internet. They store your private keys and sign transactions you send to them. You verify the transaction on the screen of the hardware wallet, and give the signed transaction to the iOS device.
If you plan on storing large amounts of coins, we either recommend a hardware wallet exclusively or choosing an iOS wallet that allows you to hold your private keys on a hardware wallet.
Hardware wallets are a great way, then, to keep your coins safe if you want to use an iOS wallet. Instead of housing the private keys on your phone or tablet, you store them on your hardware wallet and the desktop just acts as a user interaface to the send and receive coins.
Unfortunately, Only Blockstream Green and Ledger Live support hardware wallets, so options are limited if you are serious about taking your security seriously and using an iOS wallet.
You can learn more about each of the hardware wallets we recommend below:
Now that we've got our iOS wallet set up with a hardware wallet, let's explore a few additional points on security.
PINs, VPNs, and Steel wallets are great additions to our security stack.
Make sure your iOS wallet is protected by a 4 to 6 digit PIN number. Much your like bank account, most wallets have a PIN password that is the absolutel minimum when it comes to protecting funds you keep on your wallet. This prevents someone who has your phone from accessing the coins and sending them to another wallet that they own.
A PIN is not very strong security, but its good enough to prevent most people who have temporary access to your unlocked phone from taking your money.
All the iOS wallets on this list support BIP39 seed words, otherwise known as ‘recovery phrases’. If your phone is lost, destroyed, or stolen, you can use this phrase to recover your funds to a new device.
However, most people write down these words on a piece of paper. When their home catches fire or is flooded, they lose the device and the backup to the elements. You should therefore consider a steel backup device like the Billfodl or Cryptosteel.
We’ve mentioned this before, but its worth repeating: you should treat your iOS wallet the same way you treat your real world wallet or billfold. You wouldnt carry every dollar you own in your pocket. You should also not hold all your coins on your iOS wallet. You need to store them on a hardware wallet.
When making Bitcoin transactions on your iOS wallet, it is a good practice to use a VPN. This prevents your ISP or hackers listening in on your connection from tying your IP address (and therefore your personal identity) to your Bitcoin transactions. It’s a good privacy practice that is cheap and easy to implement.