Granted the prestigious "Best Mobile App" award by Blockchain.info in 2014, the Mycelium wallet provides the ability to send and receive bitcoins whilst benefiting from bank-grade security.
Hierarchical Deterministic wallets use a 'master seed' to derive all future bitcoin addresses sequentially and need to be backed up once.
This open protocol allows secure authentication. Classical password authentication is an insecure process.
"Old school" type of account, allowing to securely store large amounts by deleting the private key from device, and importing it back when needed.
An address stored in the wallet without the corresponding private key, allowing the wallet to watch for outputs but not spend them.
Accounts for offline hardware devices.
Pay bills in SEPA zone (EU).
Hedge against USD and other fiats.
Buy and sell bitcoins using a bank account in the USA and Canada.
Use hardware security tools.
Mycelium Local Trader is a decentralized in-person exchange that is built right into your bitcoin wallet. Because the coins are stored locally in your wallet, the Local Trader exchange never needs to hold any of your bitcoins or fiat. Local Trader servers only help arrange the trade between buyers and sellers, manage the transaction, and calculate reputation ratings based on the trades.
All chat conversations are end-to-end encrypted using your bitcoin keys, and their context is only accessible to the people involved in the chat. The only things Mycelium servers receive is encrypted text with time stamps.
Mycelium Local Trader uses your bitcoin private key for registration and authentication with Mycelium servers. The only information retained by Mycelium servers is your bitcoin address, nickname, sell orders with the entered location, and your trade history.
The buyer’s and seller’s reputation is changed automatically based on the number of successful or aborted trades.