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by Nate Urbas

Cryptocurrency Trader,

Bitcoin Miner, Holder. ๐Ÿš€๐ŸŒ‘


Mobi - Global Bitcoin Wallet


(0 reviews)
(0 reviews)
Site Rank: 28

Mobi is a mobile wallet for cryptocurrency which is available on both Android and iOS. The wallet is available in 15 languages. The wallet is closed source. Users private keys are stored by MOBI. The wallet has support for 20 cryptocurrencies including most of the large-cap and popular projects.

One of the key features of MOBI is facilitating the conversion of Bitcoin into fiat currency. Bitcoin is able to be converted into over 150 local fiat currencies with their service. Users can also convert cryptocurrencies into silver and gold. Mobi also uses a private blockchain which enables users to send funds to other smartphone users. There is also an option for users to request Visa debit cards which allows them to conduct POS transactions and withdraw from ATM. Transactions made with the card are automatically deducted from the user's wallet balance. Funds can be transferred within the private blockchain for free. The wallet is not hierarchical deterministic. There is no multi-signature functionality. There is a two-factor authentication option for users to add an extra layer of security to their accounts.

Mobi has good reviews among users and has also been noted to be easy to use. The key drawback is that users private key is stored by Mobi.

Pros & Cons
  • Support for 20 cryptocurrencies
  • Users can convert cryptocurrencies into over 150 local fiat currencies
  • Private blockchain where users can send transactions for free
  • Users can request a Visa debit card which enables them to conduct POS and ATM transactions
  • Two-factor authentication can be enabled
  • Private keys are stored by Mobi
  • Not hierarchical deterministic
  • No multi-signature functionality