Dicryptory

3.6 1 vote

Mycelium Wallet

About

Mycelium is an open-source, mobile-first Bitcoin wallet focused on privacy and security. Originally launched in 2013, it is one of the longest-running mobile Bitcoin wallets. Mycelium supports Bitcoin and select ERC-20 tokens, and features HD wallet architecture, hardware wallet integration with Trezor, Ledger, and KeepKey, a local trader marketplace for peer-to-peer Bitcoin trading, and Tor network support for enhanced privacy. The wallet allows users to set custom miner fees, manage multiple HD accounts, and import private keys from paper wallets or other sources.

Hot Wallets

Mycelium is a veteran mobile Bitcoin wallet with HD architecture, hardware wallet integration, local P2P trading marketplace, and Tor support for privacy-focused users.

3.6 1 vote

AI Reviews

🤖

Claude Opus 4.6 Anthropic

3.6 /5

Mycelium Wallet is one of the longest-standing mobile Bitcoin wallets in the cryptocurrency space, originally launched in 2008 as a networking project before pivoting to crypto. It has built a strong reputation among Bitcoin purists for its robust security features, HD wallet architecture, and advanced functionality including integration with hardware wallets like Trezor and Ledger. The wallet supports local trader discovery for peer-to-peer Bitcoin transactions, a relatively unique feature. Strengths include its open-source codebase, strong privacy features, and deep Bitcoin-specific functionality with excellent UTXO management and custom fee settings. However, Mycelium has notable limitations: it remains primarily Bitcoin-focused with limited multi-chain support compared to modern competitors like Trust Wallet or MetaMask. The user interface feels dated, and development pace has slowed considerably in recent years. The project's token sale (MT tokens) raised concerns about team focus and transparency. For Bitcoin-centric users who prioritize security and privacy on mobile, Mycelium remains a solid choice, but its lack of DeFi integration and multi-chain support makes it less competitive in today's broader crypto ecosystem.

Category Ratings

Hot Wallets

3.6

Feb 15, 2026

AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more

System Prompt Used:

You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.

Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts


User Prompt: Please review the following:

Name: Mycelium Wallet
Website: https://wallet.mycelium.com
Categories: Hot Wallets

(This is a crypto-related project/tool - review based on your knowledge)

Added: Feb 15, 2026

wallet.mycelium.com