Is Mycelium wallet safe?

Yes, Mycelium is one of the most secure Bitcoin wallets. It features reproducible builds, open-source code, no data collection, hardware wallet support, cold storage options, TOR network support, and multiple levels of PIN protection.

Is Mycelium wallet free?

Yes, Mycelium wallet is completely free with no subscription fees. You only pay Bitcoin network miner fees for transactions.

What happens if I lose my phone?

If you have made a backup following the app instructions, you can restore your accounts in one minute on a new device. Without a backup, funds cannot be recovered.

Does Mycelium require ID?

No, Mycelium requires no ID, no disclosure of any identifiers, and has no data collection. It supports completely private and incognito use.

Mycelium Bitcoin Wallet - Self-custody Made Perfect

Name: Mycelium Bitcoin Wallet
Rating: 4.6 (15420 reviews)
Author: Mycelium

Be Among the Smart 8%

Only about 8% of bitcoin owners keep their coins in complete safety and privacy.

There are hundreds of bitcoin wallet apps. Most wallets are custodial — not secure, not private, and not independent.

Why Mycelium?

Even if a wallet is non-custodial, it may still not be secure. Only reproducible wallets are completely secure.

Mycelium is among them. Mycelium is the most popular non-custodial Bitcoin wallet.

Verify on WalletScrutiny View Source Code

Self-custody Made Perfect

Advanced features for complete Bitcoin sovereignty

Bitcoin

Advanced cold storage, saving and spending accounts with SegWit native (Bech32) and P2SH support

100% Secure

Reproducible wallet, open-source, incognito use, untraceable transactions

Ethereum

ETH and meaningful ERC-20 tokens support

Onramp & Grow

In-app exchange and trading capabilities

Knowledge Base

In-app educational materials for all skill levels

Inter-wallet Operability

FIO Network integration for seamless transactions

Mycelium's Ultimate Security

The app is reproducible — no fatal dependence on the development team
No ID required; no disclosure of identifiers; no data collection
Hardware wallets support (Trezor, Ledger, KeepKey)
Cold storage paper wallets & watch-only accounts
Separate backup system for Single Address accounts
Multiple levels of PIN protection
Pattern sniffing protection with variable keyboard layouts
TOR network support to mask IP address and location
All third-party services can be manually turned off
Direct APK download and source code on GitHub available
APK signing certificate: B8E59D4A60B65290EFB2716319E50B94E298D7A72C76C2119EB7D8D3AFAC302E

Newbies, Pay Attention!

Essential knowledge for securing your Bitcoin

How to make your funds secure

Make a backup by following the instructions in the app.

What if you lose your phone?

No problem. It takes one minute to restore your accounts from your backup.

What if you lose your backup?

You lose your money. This is why backup is critical.

Why such inconveniences?

Because bitcoins are better than money in a bank. With Mycelium Wallet, you avoid banking nonsense. Payments cannot be reverted, suspended, or declined. Accounts cannot be blocked. No cross-border control and fees. Storage is secure and free. No subscription fees. No payment limits.

How much do payments cost?

It depends on the network situation and urgency. You assign the miner fee. The app offers standard options, but you make the final decision.

What is the main drawback?

There is no one to address your complaints to. Mycelium does not touch your money. It is only a relay between you and the Bitcoin network.

⚠️ Critical Warning

NEVER store your bitcoins on exchanges. If you use centralized exchanges, withdraw your assets immediately. You do not control your coins there. Crypto-exchanges are vulnerable to hacks. Take your self-custody seriously.

BTC Transaction Management Features

HD spending accounts and Single Address saving accounts
SegWit native (Bech32) and P2SH compatible
FIO Network features
Handy address book
Extended selection of exchange rate sources
Convenient cryptocurrency and fiat currencies denomination
BIP-70 support (payment requests)
Indication of unspent outputs for each bitcoin account
Advanced transaction history with complete details
Multiple blockchain explorer options
Option to display derivation address path for BIP44 HD accounts
Bump-fee option (child-pays-for-parents algorithm)
NFC support
Transaction history export to CSV files
Custom text labels for transactions

About Mycelium

Mycelium started as a team of hardware engineers in 2008 with a mesh networking project. With the emergence of Bitcoin, Mycelium naturally leaned towards the new promising technology.

To date, Mycelium has developed and launched three successful products in the bitcoin field: Entropy, Gear, and the Mycelium Wallet.

Mycelium is one of the oldest and most trusted bitcoin wallets. Over the years of development, it has absorbed all the best innovations from the hardcore bitcoiner community.

Contact Support

To create a support ticket, please write to support@mycelium.com.

⚠️ Security Warning: We do not use social networks as a matter of principle. Any accounts on Facebook, Twitter, Instagram, TikTok, Bitcointalk, Reddit, etc. that claim to represent Mycelium are scammers!

Learn About Mycelium Token