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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Mycelium Wallet by José A Rodríguez

Revainrating 3 out of 5

A Bitcoin Multi-Payment Wallet

Because of the rapid increase of cryptocurrency trading, more companies are looking to succeed with effectiveness in products linked to store and trade crypto assets. There are many of those who look for being an ERC-20supportive wallet, others decide to focus their services on Bitcoin. Such is the case of MyCellium Wallet who has been in the market for almost a decade and it is now a great product for the most advanced traders and crypto-holders in the entire ecosystem.

MyCellium is a wallet with some features that compound it as an all-in-one device because it started as a prototype of a hardware wallet. Today it is available to download only for mobiles through iOS and Android. It consists of five major features that include storing and trading tokens, linking and managing accounts, and of course, creating backups. It is a good option just when the rest of the wallets are fully managed, so the user can trade its Bitcoins easily. The team behind this wallet is adept to enrich and boost the product to a new age where support will become an entire action of good improvements.

The official web page is simple to use. There are not major issues in browsing the features of the wallet and knowing the team, although there exists little information about this digital product. The team should have it into account as part of the improvement process. However, there is news coming as has been released on social media. Firstly, the wallet is promising to include fiat accounts to increase the operativeness of its service. Secondly, they also considered improving the product to become a personal finance supportive wallet, this feature gives a sense of freedom when working with digital money.

In conclusion, it is still simple and with little usage,. However, it is good to wait for the coming improvements.




Pros
  • Excellent backup recovery. The wallet offers the action to create a backup in case of losing access. It is private in this case, and the user is the only one who manages its account.
  • It is currently available for storing and trading more. It also includes many payment and shopping services to travel, market, clothing, and more.
  • Good and responsible team and providers.
  • Easy to find in Google Play and the app store.
Cons
  • It requires more language implementation to become a reliable global wallet. Currently, it is just available in English and Chinese.
  • It is not available for desktop yet.
  • There are new coming tools yet to show effectiveness.

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