Mobi - Crypto Asset Wallet

I think this is probably the easiest bitcoin wallet that I have tried out. The interface is pretty useful and intuitive, and I can send and receive quickly. When I did deeper, though, I found that there are some features that are pretty cool like converting bitcoin to about 150(?) different fiat currencies. (I counted.) AND you can convert between the currencies themselves. So it effectively acts as a forex app or a bitcoin exchange where you can hedge/speculate about price movements. Pretty nifty. One other thing is that this is probably one of a few litecoin and bitcoin cash wallets. So that’s also cool. Overall pretty satisfied. I’ll try to update this review as I use the app more.

While this app does have a pretty and easy to use interface it is inevitably going to result in many people losing their funds. Not only does the app not give a real big coin wallet with an actual private seed back up, they failed to give the user any possible means of backing up the wall it securely. This means that when you lose your phone, your bit coin is irrevocably gone. The makers of this wallet that have sacrificed the core principles of what bitcoin is intended to be for the sake of convenience and flashiness. It’s hard to be around bank when you’re given no possibility of protecting yourself, and absolutely zero explanation of how to do so. As if this weren’t enough, requiring you to give your phone number and name, and using that information as a highly insecure form of two factor authentication makes this wallet an absolute no go. Get CoPay instead.

Very easy to use, and I can conveniently send money to my friends with just phone numbers. Super fast and zero cost. I stored all my crypto money on this app. And the 2.0 version looks good! More importantly, I mistakenly sent BCH to the BTC address and, although didn’t expect that, they returned it back! Just took few days to deal with support, but it was my fault after all. Really nice wallet app! Love it! :)