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noun
A mobile wallet is a cryptocurrency wallet designed to run on smartphones and tablets, allowing users to store, send, receive, and manage digital assets on the go. Mobile wallets often support QR code scanning, biometric security, and dApp integration through WalletConnect or built-in browsers. Examples include Trust Wallet, Tangem, and Exodus.
Hot Wallet Comparison
| Wallet Type | Internet Access | Security Level | Ease of Use | Best For |
|---|---|---|---|---|
| Browser Wallet | Online | Moderate | High | dApps, DeFi, NFT interactions |
| Mobile Wallet | Online | Moderate | Very High | Everyday use, QR payments, portability |
| Desktop Wallet | Online (when active) | Moderate to High | Moderate | Power users, full-node syncing, staking |
| Custodial Wallet | Online | Low (trust required) | Very High | Beginners, exchanges, convenience |