Mycelium

Mycelium Bitcoin Wallet for Android is designed for security, speed, and ease of use. It has unique features to manage your keys and for cold storage and offers compatibility with Trezor and others.

Features:

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Bech32

information
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Bech32:
Bech32 is a special address format made possible by SegWit (see the feature description for SegWit for more info). This address format is also known as 'bc1 addresses'. Some bitcoin wallets and services do not yet support sending and/or receiving to or from Bech32 addresses.
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Legacy Addresses

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Legacy Addresses:
Most wallets have the ability to send and receive with legacy bitcoin addresses. Legacy addresses start with 1 or 3 (as opposed to starting with bc1). Without legacy address support, you may not be able to receive bitcoin from older wallets or exchanges.
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SegWit

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SegWit:
Some wallets support SegWit, which uses block chain space more efficiently. This helps reduce fees paid by helping the Bitcoin network scale and sets the foundation for second layer solutions such as the Lightning Network.

Good

Acceptable

Caution

Neutral

Control over your money

This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.

Centralized validation

This wallet relies on a centralized service by default. This means a third party must be trusted to not hide or simulate payments.

Complete transparency

This wallet is open-source and built deterministically. This means any developer in the world can audit the code and make sure the final software isn't hiding any secrets.

Secure environment

This wallet is loaded on mobiles where apps are usually isolated. This provides a good protection against malware, although mobiles are usually easier to steal or lose. Encrypting your mobile and backing up your wallet can reduce that risk.

Basic privacy

Prevents spying on your payments

This wallet makes it harder to spy on your balance and payments by rotating addresses. You should still take care to use a new Bitcoin address each time you request payment.

Discloses information to a third party

This wallet uses central servers which are able to associate your payments together and log your IP address.

Tor can be used

This wallet lets you setup and use Tor as a proxy to prevent attackers or Internet service providers from associating your payments with your IP address.

Dynamic fee suggestions

This wallet provides fee suggestions which are based on current network conditions. This means that this wallet will help you choose the appropriate fee so that your transactions are confirmed in a timely manner without paying more than you have to.

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