Admit it, you’ve thought about downloading a Bitcoin app for your iPhone. You may not even know what you’re looking for, but you’ve considered starting your Bitcoin fortune by visiting the app store. Well..it doesn’t quite work that way.
Your iPhone alone won’t make you Bitcoin rich, but it can help you manage your Bitcoin fortune. Apple is slowly letting more and more app makers develop applications specifically designed for Bitcoin management. Because of that, it’s easier than ever to store, trade, and manage Bitcoins via your iPhone alone.
Getting started really is as simple as taking a look at our list of recommended Bitcoin apps for iPhone. They may not make you a billionaire, but they’ll help make sure you manage whatever fortune you may acquire.
But first, a word of warning….
Don’t Trust Bitcoin Mining Apps!
We understand that you dream of letting your iPhone mine Bitcoins all day. It certainly sounds like a great plan. However, you need to abandon that dream right now.
Can you technically mine for Bitcoins using an iPhone? Sure. However, it’s a lot like painting a mansion with a toothbrush. Even if you finish, the results won’t be pretty.
There are many apps out there that promise the ability to mine Bitcoins from your iPhone. Most of them are terrible, and a few of them are scams.
Just stay away from those apps and stick to programs that help you manage Bitcoins you already have or purchase more.
Let’s start simple. Like any other currency, the value of Bitcoin is subject to exchange rate changes. Unlike other currencies, Bitcoin exchange rates aren’t really based on regions. They’re instead based on the values placed by several different types of markets. This makes keeping up with the exact value of bitcoins a challenging prospect.
Bitcoin Ticker helps simplify that process. The simplest thing it does is list the current value of Bitcoin across several major markets. This makes it easy to reference its current value whenever you wish. However, Bitcoin tracker is much more than just a series of values. It’s a useful tool that allows you to make up-to-the-minute decisions.
See, you can set Bitcoin Ticker to alert you when Bitcoins achieve a certain value in the markets of your choice (or in general). That might sound complicated, but it’s quite versatile. Small investors can just be alerted when the maximum value is achieved. Hardcore investors can account for various fluctuations.
If you’ve just gotten into the world of Bitcoin and don’t know where to start, download Coinbase. It won’t tell you exactly what to do, but it does do just about everything else.
Coinbase bills itself as a Bitcoin wallet. Just as it sounds, you use a Bitcoin wallet to store your Bitcoins. However, a good wallet does much more than that. For instance, Coinbase also allows you to easily buy and sell bitcoins via a variety of payment methods. Having access to a great Bitcoin wallet like this removes so much of the hassle from the process. Once you start mining Bitcoins, Coinbase ensures you feel like you’re in control of your newfound resources. It’s easy to use, it’s surprisingly versatile, and it offers a fair amount of security.
We don’t recommend using Coinbase as your only market and portfolio tracker, but it’s one of the best day-to-day Bitcoin apps you can get.
Coinbase is certainly one of the most popular Bitcoin wallets, but it’s not your only option. Actually, there’s a strong argument to be made that Airbitz is the superior option.
What separates Airbitz from its competition? Well, it’s a bit more secure for one thing. The Airbitz team prioritizes security above just about everything else. Encrypted backup options and peer-to-peer cloud servers make it very difficult for anyone to compromise your wallet.
That isn’t to say that Airbitz isn’t easy to use. Actually, it makes it quite easy to manage several Bitcoin wallets at once. You can also easily manage multiple profiles within the app and diversify your bitcoins across several personal accounts. When you are ready to convert and transfer your currency, you are able to do so with relative ease via the app.
Actually, one of Airbitz best features is its Bluetooth payment system. While that isn’t accepted everywhere, it does help Airbitz feel closer to a true “wallet” rather than an account.
Square has recently announced that they will start allowing users of their Cash App to buy and sell Bitcoins. To be honest, they don’t seem to have the best Bitcoin service out there. Other apps like Coinbase specifically devoted to Bitcoin do have more to offer in that department.
However, Cash App does have a few aces up its sleeve. Chief among them is the fact that it’s by far one of the world’s most popular finance apps. That opens up a lot of possibilities that other specialty apps can’t necessarily provide. Namely, it allows you to interact with Bitcoins in the same space you interact with the rest of your money.
That may sound small, but it’s rather significant. Square’s use of Bitcoins as currency helps legitimize the currency in a very real way. Now, it really is easier than ever to bundle your Bitcoins into the rest of your financial resources.
Hardcore Bitcoin miners will want to look elsewhere. Cash App is not a great “centerpiece” app for your Bitcoin portfolio. But, if you’re a casual Bitcoin owner or someone interested in figuring out more about Bitcoins, there really is no reason not to have Cash App on your device.
BitPay is not the best Bitcoin wallet app out there. That may seem like a strange way to start a recommendation, but that is what it is. It’s not as versatile, not feature-heavy, and arguably not as secure as the best Bitcoin wallets.
So why are we even talking about it? Well, BitPay is an extremely easy app to use. That might not always be the most important feature in a finance app, but Bitcoins are a different kind of finance. There’s a lot of their basic usage that even interested new users don’t really know.
What BitPay works best as, then, is a trial run. It’s a tutorial of sorts for other – arguably better – wallets. BitPay makes it somewhat easy to navigate a basic wallet set-up and understand what you’re trying to accomplish with one.
Yes, you will eventually want to download a wallet that scales with your involvement in Bitcoin. However, this is a fantastic jumping off point.
A Bitcoin ATM is basically what you think it is. It’s a machine that allows you to withdraw currency in exchange for Bitcoins and vice-versa. While it’s not the preferred way to handle large Bitcoin exchanges, it’s useful in certain situations.
The problem is that Bitcoin ATMs aren’t exactly easy to find. Even if you live in a major metropolitan area, it’s not like there’s going to be one in every corner store. As such, a lot of Bitcoin miners really don’t think of them as great options.
CoinATMRadar addresses many of the issues associated with Bitcoin ATMs. This app doesn’t do much more than tell you where the nearest Bitcoin ATM is, but it doesn’t have to. Given how scare that information is otherwise, the app’s GPS location system proves to be – sometimes literally – invaluable.
Along with Bitcoin ATM locations, this app will tell you transaction fees, limits, buy/sell functionality, and more about each ATM.
We’re taking a bit of a risk recommending Fold considering that it hasn’t been released yet. So why even bother to pursue it? Well, it’s because Fold is poised to solve a major Bitcoin problem.
See, unless you’re a Bitcoin Billionaire, you’ll most likely treat Bitcoins like a little extra cash. The problem is that treating Bitcoins like a little extra cash isn’t easy. That’s especially true if you’re not close to an ATM. Besides, Bitcoins are a digital currency. Who wants to convert them into cash?
Fold offers an alternative solution. It allows you to treat you Bitcoins like digital currency. For instance, you can go into Starbucks, have the cashier scan a barcode on your phone, and it will register as a normal transaction. Of course, that transaction is funded by Bitcoins.
At present, Starbucks is the only place that accepts Fold via the service’s website. However, it’s mobile app is expected to include support for multiple places. Even in its current state, Fold is useful as a bookmark on your mobile browser.
While Bitcoin money on hand is nice, it’s not the only thing you can do with your digital currency. There’s also the world of investments. Assuming you make a decent amount of money off Bitcoin, you may opt to treat it more like an investment portfolio.
That’s where Blockfolio comes in. It’s not a great tool for starting a portfolio – you’ll want to talk to an expert for that – but it’s a fantastic way to manage an existing portfolio. It lets you view the value and status of several cryptocurrencies at once. This is a great way to keep up with how all your crypto investments are doing at a glance.
Blockfolio can track the comings and goings of over 2000 types of cryptocurrency you might own. Monitoring the information it offers is also a great way to increase your understanding of market fluctuations. It certainly doesn’t hurt that the app includes news stories related to crypto investments.
If you’re serious about diversifying your crypto investments, you need Blockfolio to keep everything together.
Acorns is not a Bitcoin or cryptocurrency app. It’s an investment app that helps you turn spare change into the start of your financial future.
So what does that have to do with Bitcoins? Well, you have to realize that many people who invest in cryptocurrency aren’t going to make millions. If you’d prefer to maximize the value of minimal mining efforts, you’ll want an app that tells you how to save small amounts of money.
Acorns is fantastic at doing just that. You will have to convert your Bitcoin into traditional digital currency, but after that, Acorns can help you do something more than buy a cup of coffee. It offers. Whether that means keeping a small savings account or making minor investments is up to you.
Acorns is the one app on this list we’d recommend to anyone even if they don’t plan on getting into cryptocurrency. If you are, though, this is a realistic aide that helps you ensure your efforts are not in vain.
Bitcoin Billionaire has nothing to do with real Bitcoins. You can’t earn Bitcoins by using it. It doesn’t manage your Bitcoins. Actually, it’s just a mobile game. A mobile game in which you tap the screen in order to earn fake Bitcoins and build yourself a little empire.
The reason Bitcoin Billionaire is on this list is that it’s silly. It’s fun to tap away at the screen, explore the game’s time travel features, and upgrade your in-app room. You can spend hours mindlessly playing this game and enjoying every second of it.
Bitcoin Billionaire is easy enough to recommend on its own, but it’s actually a useful tool for prospective Bitcoin buyers. It affords users the sensations of actually mining for Bitcoins without any of the potential risks.
To put it another way, Bitcoin Billionaire lets you live the Bitcoin lifestyle you’re probably dreaming of. You won’t actually earn money, but you also won’t have to deal with the crushing defeat of market fluctuations. If you’re not serious about Bitcoin investments, consider this a fun alternative.
Bitcoin and other cryptocurrencies are proving to be more than a flash in the financial pan. However, you do need to know what you’re getting into before you invest. These iPhone apps – and a little research – will help ensure that your time spent with Bitcoins is as lucrative and manageable as possible.