Download Mycelium Bitcoin Wallet APK: A Guide for Beginners
If you are looking for a secure, user-friendly, and feature-rich bitcoin wallet, you might want to try Mycelium Bitcoin Wallet. In this article, we will show you how to download and install the Mycelium Bitcoin Wallet APK, how to use it, and some tips and tricks for making the most out of it.
What is Mycelium Bitcoin Wallet?
Mycelium Bitcoin Wallet is a mobile app that allows you to store, send, and receive bitcoins on your Android device. It is one of the most popular and trusted bitcoin wallets in the market, with over 2 million downloads and a 4.5-star rating on Google Play Store.
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Mycelium Bitcoin Wallet is a non-custodial wallet, which means that you have full control over your private keys and funds. No one can access or freeze your bitcoins, not even Mycelium. You are also responsible for backing up your wallet and keeping it safe from hackers and thieves.
Mycelium Bitcoin Wallet is also a reproducible wallet, which means that it is open-source and verifiable. You can check the code and compile it yourself, ensuring that there are no hidden backdoors or malicious code. You can also use the wallet in incognito mode, without revealing your identity or location.
Features and benefits of Mycelium Bitcoin Wallet
Mycelium Bitcoin Wallet offers many features and benefits that make it stand out from other bitcoin wallets. Here are some of them:
Bitcoin Advanced: You can use advanced features such as cold storage, saving and spending accounts, SegWit compatibility, and FIO network integration.
Ethereum Support: You can also store, send, and receive ETH and ERC-20 tokens on your wallet.
Onramp & Grow: You can buy and sell bitcoins directly from your wallet using various payment methods and platforms.
Knowledge Base: You can access a comprehensive guide and FAQ section that covers everything you need to know about using the wallet.
Inter-wallet Operability: You can easily switch between different wallets and accounts within the app.
How to download and install Mycelium Bitcoin Wallet APK
To download and install the Mycelium Bitcoin Wallet APK on your Android device, follow these steps:
Go to and click on the "Download" button.
You will be redirected to the Google Play Store page of the app. Click on the "Install" button.
If you prefer to download the APK file directly, you can go to and choose the latest version.
Once you have downloaded the APK file, you need to enable the installation of apps from unknown sources on your device. To do this, go to Settings > Security > Unknown Sources and toggle it on.
Locate the APK file on your device using a file manager app. Tap on it and follow the instructions to install it.
How to use Mycelium Bitcoin Wallet
Now that you have downloaded and installed the Mycelium Bitcoin Wallet APK, you are ready to use it. How to create and backup your wallet
When you open the app for the first time, you will be asked to create a new wallet or restore an existing one. If you choose to create a new wallet, you will be given a 12-word seed phrase that you need to write down and keep in a safe place. This seed phrase is the key to your wallet and you will need it to restore your wallet in case you lose your device or uninstall the app.
After you have created your wallet, you will see your main screen with your balance and transactions. You can also access your menu by tapping on the three horizontal lines on the top left corner. From there, you can backup your wallet, manage your accounts, adjust your settings, and more.
To backup your wallet, go to Menu > Backup and follow the instructions. You will be asked to enter your PIN code and confirm your seed phrase. You can also export your private keys as a PDF file or a QR code. You should backup your wallet regularly and store it in multiple locations.
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How to send and receive bitcoins
To send bitcoins, go to Menu > Send and enter the recipient's address or scan their QR code. You can also use the FIO network features to send bitcoins using a human-readable address instead of a long string of characters. For example, you can send bitcoins to alice@mycelium instead of 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.
You can also enter the amount of bitcoins you want to send or the equivalent in your local currency. You can adjust the fees and priority of your transaction by tapping on the slider icon on the top right corner. The higher the fee, the faster your transaction will be confirmed by the network.
To receive bitcoins, go to Menu > Receive and copy your address or show your QR code to the sender. You can also use the FIO network features to request bitcoins using a human-readable address. For example, you can request bitcoins from bob@mycelium instead of 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.
You can also enter the amount of bitcoins you want to receive or the equivalent in your local currency. You can add a label and a message to your request if you want. You can also generate multiple addresses for different purposes by tapping on the plus icon on the top right corner.
How to adjust the fees and settings
To adjust the fees and settings of your wallet, go to Menu > Settings and choose from various options. You can change your local currency, language, PIN code, security features, notifications, exchange rate sources, and more.
You can also choose between different fee levels for your transactions: low priority, economic, normal, priority, and custom. The fee level determines how much you pay for each transaction and how fast it gets confirmed by the network. You can also set a custom fee by entering the amount of satoshis per byte (s/b) you want to pay.
You can also enable or disable SegWit compatibility for your wallet. SegWit is a technology that reduces the size of transactions and increases the capacity of the network. By using SegWit addresses, you can save on fees and support the scalability of bitcoin. Tips and tricks for using Mycelium Bitcoin Wallet
Mycelium Bitcoin Wallet is a powerful and versatile app that offers many features and options for managing your bitcoins. Here are some tips and tricks for using it effectively:
How to use cold storage and spending accounts
Cold storage is a method of storing your bitcoins offline, away from hackers and thieves. You can use Mycelium Bitcoin Wallet to create and manage cold storage accounts, which are also known as paper wallets or hardware wallets. These accounts are generated on a device that is not connected to the internet, such as a printer or a USB stick. You can then import them into your wallet as spending accounts, which allow you to spend your bitcoins without exposing your private keys.
To create a cold storage account, go to Menu > Accounts > Add New Account > Advanced > Cold Storage Spending. You will be asked to scan the QR code of your cold storage account or enter the private key manually. You can also generate a new cold storage account by tapping on the plus icon on the top right corner. You will be given a QR code and a private key that you need to print or save on a secure device.
To use a spending account, go to Menu > Accounts and choose the account you want to use. You will see your balance and transactions for that account. You can also send and receive bitcoins from that account as usual. However, you will need to scan the QR code or enter the private key of your cold storage account every time you want to sign a transaction. This way, you can keep your bitcoins safe while still being able to use them.
How to use FIO network features
FIO network is a decentralized service that enables human-readable addresses, payment requests, and transaction metadata for various blockchains, including bitcoin. You can use FIO network features on Mycelium Bitcoin Wallet to simplify and enhance your bitcoin transactions.
To use FIO network features, you need to register a FIO address, which is a unique identifier that looks like username@domain. For example, alice@mycelium or bob@btc. You can register a FIO address by going to Menu > FIO Names > Register FIO Address. You will need to pay a small fee in FIO tokens to register your address.
Once you have registered a FIO address, you can use it to send and receive bitcoins instead of using long and complex bitcoin addresses. You can also use it to request bitcoins from other FIO users, with the option to add a label and a message to your request. You can also add metadata to your transactions, such as memos, invoices, order IDs, and more.
How to use the address book and exchange rate sources
Mycelium Bitcoin Wallet allows you to use an address book and exchange rate sources to make your transactions easier and more convenient. You can use the address book to store and manage your contacts, such as friends, family, merchants, or services. You can also use exchange rate sources to choose the best price for your bitcoins in your local currency.
To use the address book, go to Menu > Address Book and tap on the plus icon on the top right corner. You can add a new contact by entering their name, bitcoin address or FIO address, phone number, email, and notes. You can also edit or delete your contacts by tapping on them.
To use exchange rate sources, go to Menu > Settings > Exchange Rate Sources and choose from various options. You can select the source that offers the best rate for your local currency, or use an average of multiple sources. You can also see the historical rates and trends for each source by tapping on them.
Conclusion
Mycelium Bitcoin Wallet is a great app for storing, sending, and receiving bitcoins on your Android device. It is secure, user-friendly, and feature-rich. It allows you to use advanced features such as cold storage, spending accounts, SegWit compatibility, and FIO network integration. It also allows you to buy and sell bitcoins directly from your wallet using various payment methods and platforms.
If you want to download and install the Mycelium Bitcoin Wallet APK, you can follow the steps we have outlined in this article. You can also use our tips and tricks for using the app effectively. We hope you found this article helpful and informative. If you have any questions or feedback, feel free to leave a comment below.
FAQs
Q: Is Mycelium Bitcoin Wallet safe?
A: Yes, Mycelium Bitcoin Wallet is safe as long as you follow some basic security practices. You should always backup your wallet and store it in multiple locations. You should also protect your wallet with a PIN code and enable security features such as fingerprint authentication, auto-logout, and anti-theft. You should also avoid using public Wi-Fi or untrusted devices to access your wallet. You should also be careful of phishing scams and malware that might try to steal your private keys or funds.
Q: How can I restore my wallet if I lose my device or uninstall the app?
A: You can restore your wallet by using your 12-word seed phrase that you were given when you created your wallet. You can enter the seed phrase on a new device or on the same device after reinstalling the app. You can also use your seed phrase on other compatible wallets, such as Electrum or Exodus.
Q: How can I contact Mycelium support if I have any issues or questions?
A: You can contact Mycelium support by going to Menu > Help & Support and choosing from various options. You can access the knowledge base, the FAQ section, the bug report form, the feedback form, and the contact form. You can also email them at info@mycelium.com or join their Telegram group at
Q: How can I update my Mycelium Bitcoin Wallet app to the latest version?
A: You can update your Mycelium Bitcoin Wallet app by going to the Google Play Store and checking for updates. You can also download the latest APK file from and install it manually. You should always update your app to enjoy the latest features and security improvements.
Q: How can I support Mycelium development and contribute to the bitcoin community?
A: You can support Mycelium development and contribute to the bitcoin community by donating bitcoins to their address: 1JwSSubhmg6iPtRjtyqhUYYH7bZg3Lfy1T. You can also share your feedback and suggestions with them, report any bugs or issues you encounter, and spread the word about their app to your friends and family.
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