One thing that you need to know about the mobile programs for Bitcoins is the fact that you can’t mine from the phone, for obvious reasons. If you want to mine bitcoins, you will need a solid video processing power that can’t be obtained with a phone.
However, the mobile applications for Bitcoins are pretty useful for people that are interested about this currency, as they practically offer all the trading and managing capacities besides mining.
If you are a bitcoin trader or a speculator, the Bitcoin Android mobile apps are a must. Let’s see the best of them, and what useful features can you benefit of by installing them.
Android Apps for Bitcoin
Bitcoin Price Free Ounce.Me
The app is able to give you real time prices for several exchange houses, as well as the spread of the currency. There are some indexes that are pretty useful for investors, and some currency exchange courses with all kinds of other currencies and assets. For example, you can use the bitcoin as a currency to buy crude oil, platinum, gold and silver, which allows you to speculate the price of bitcoins even more, especially if you are familiar with the markets for those other assets.
The Quotes are displayed in real time, and besides the refresh button, you will have an automatic refresh at every two minutes. The paid version decreases the refresh interval at one minute, and removes ads.
The Bitcoin Wallet from Andreas Schildbach
Andreas Schildbach is one of the recognized bitcoins specialists, both in mining and finances of Bitcoins. This is why his app for Android terminals is one of the most popular and complete. There is even a barcode scanner added, which allows you to exchange bitcoins with a QR code or by the NFC technology with other phones that have it. The Wallet is secure, easy to use and it comes with many interesting features.
Working on the P2P technology allows the app to work without cloud servers, making it faster and safer. The amount of bitcoins is displayed in comparison with many other currencies. You can spend and receive bitcoins by URL also, besides the other two methods. Even when the application is offline, it will execute your order as soon as the app goes online. The widget for the wallet will only display the wallet, allowing you to use the resources of the phone for other tasks, while only your wallet is displayed.
Blockchain wants to be a complete website for the bitcoin world, and this is why they offer many facilities, programs, mining resources, an exchange market and mobile applications. Creating a wallet is simple with the Blockchain mobile app for Android, combined with a Google Wallet that increases the safety of transactions.
Unfortunately, the application still has some bugs, such as the fact that it sometimes does not recognize the Captcha code, so you will have to introduce it several times. Blockchain is working to solve this problem, as they don’t want to remove the captcha code for security reasons, but since then, if you encounter this problem, you will have to insist and to introduce the codes several times.
Blockchain is not a bank, so there are no restrictions in using the wallet. Playing with bitcoins was made easy by this service, and they also guarantee for the security of transactions. Although it is not the biggest exchange market for bitcoins, it is one of the important Bitcoin resources.
If you don’t like one of the applications that you have chosen for managing bitcoins from the mobile phone, you can switch to another, but make sure that the wallet transfer is safe. During the transfer, the wallet might be vulnerable, and you don’t want it to get to the other side with a few missing bitcoins. However, the services that offer you the possibility to move wallets from other platforms usually are able to guarantee you an increased safety.
The speed of the transaction-processing engine is crucial. The price of bitcoins vary greatly even during a single day, therefore it is important for your orders to be processed fast. Considering the method used for transactions, an exchange course might last from one minute to a few hours. This is why it is crucial to have the fastest wallet possible. Usually, those could be found on the websites of the major Bitcoin websites, and with the members of the Bitcoin Foundation.
By hosting your wallet on your computer, you don’t depend on any website, and you are not scared that the webmasters of a certain service would runaway with your money, but in this case, the speed of transactions is slow. Moreover, at some point, you will need to connect with some of the websites offering additional e-wallet services, such as a shopping card or adding payment methods.