Mycelium Bitcoin Wallet: Send and Receive Crypto

Mycelium Bitcoin Wallet is a finance application by Mycelium Developers that lets you hold, send, and receive Bitcoin along with Ethereum and ERC-20 tokens directly from an Android phone. The core problem it addresses is custodial risk: when a third party holds your coins, you depend on that party staying solvent, honest, and online. Mycelium takes the opposite approach, keeping private keys on the device itself so control never transfers to anyone else unless you deliberately export the keys. Rather than downloading the whole blockchain, the wallet connects to remote nodes and is usable within seconds of installation, which makes it practical on hardware that could never store a full ledger. It has existed since 2013, and the project describes itself as open source and verifiable, with a long feature list aimed at users who already understand seed phrases, derivation paths, and fee mechanics. The current build, version 3.22.0.2, requires Android 7.0 or newer and occupies about 51 MB, so the barrier to entry is low even on older phones. There are no advertisements and no in-app purchases, and the app carries an Everyone content rating.

Key features

• Full self-custody of private keys, which stay on the device unless you choose to export them
• Hierarchical deterministic wallets following BIP32 and BIP44, allowing multiple accounts without address reuse
• Ethereum support for sending and receiving ETH, plus ERC-20 tokens such as Tether USD, USD Coin, Binance USD, and others
• Watch-only addresses and private key import for cold storage setups, including single keys and extended private keys
• Hardware wallet integration with Trezor, Ledger models (Nano, Nano-S, Unplugged, HW.1, Trustlet), and KeepKey
• Master seed backups based on BIP39, plus encrypted PDF backup and restore for single key accounts
• Dynamic fee handling with fee-per-byte displayed in transaction details, and warnings about replace-by-fee or unconfirmed parent transactions
• Local Trader for finding people nearby to trade Bitcoin with in person, and BitID authentication for logging into websites

How to install

1. Tap the download button on this page to obtain the APK file.
2. When Android prompts you, allow your browser or file manager to install apps by enabling the Install unknown apps permission for that app.
3. Open the downloaded APK file from your notifications or file manager.
4. Confirm the file is about 51 MB and that your device runs Android 7.0 or newer, then tap Install.
5. Once installation finishes, open Mycelium Bitcoin Wallet and set it up, including a PIN and a backup of your keys.

What's new · 3.22.0.2

Mycelium Bitcoin Wallet 3.22.0.2 brings an in-app support chat so you can reach the Mycelium team without leaving the wallet. Ethereum transaction status now updates live, letting you follow ETH and ERC-20 transfers from your transaction list as they progress. The cancel-and-replace flow has been reworked so cancelling or speeding up pending Ethereum transactions is clearer and more dependable. Pending ETH and ERC-20 transfers also stay visible with accurate fees from the moment you send until they confirm, alongside stability improvements and bug fixes.

This wallet suits experienced Bitcoin and Ethereum users who want direct control of their keys and are comfortable managing backups themselves. It is a reasonable fit for people who already own a hardware wallet, use cold storage, or want to spend from paper wallets and imported keys. Anyone expecting a guided, beginner-friendly experience with account recovery handled by a company will likely find the setup and terminology demanding. The absence of ads and purchases also appeals to users who prefer a tool over a platform.

Write down your master seed or back up your keys before moving any meaningful amount into the wallet, and store that backup offline. Test the restore process with a small amount first. If you plan to use hardware signing or watch-only addresses, verify the workflow before relying on it for larger balances. Review the fee-per-byte figure before confirming a transaction, especially when the network is busy.

Mycelium Bitcoin Wallet remains a credible option for users who prioritize self-custody and are willing to learn its conventions. Its long history, hardware wallet support, and absence of ads or purchases make it worth comparing against newer alternatives before you commit funds.