Launched in 2017 by Igor Kosakov, Nuno Coelho, and Marcos Rodriguez, BlueWallet was born from a desire to build a Bitcoin-first wallet with fee control for iOS and mobile simplicity. It has since evolved into a feature-rich, non‑custodial app for Bitcoin and Lightning Network usage—trusted and loved by the Bitcoin community bluewallet.io+15coinbeast.com+15Bitcoiner.Guide+15.
BlueWallet is open source (MIT-licensed), actively reviewed by peers, and frequently recommended in forums like Reddit as one of the top self-custody wallets available Reddit.
Users can create and manage unlimited wallets: standard Bitcoin, Native SegWit, legacy, Electrum, BRD/Bread formats, and even single address wallets—tailored for users who prefer simplicity or donation setups bluewallet.io+1coinbeast.com+1.
BlueWallet enables instant, low-cost Bitcoin transfers via Lightning. The wallet can connect to your own node (via Electrum or LNDHub), or use free custodial Lightning—with easy setup for beginners bluewallet.io+12BitDegree+12Bitcoiner.Guide+12.
Support for multisignature vaults—ideal for cold storage or enhanced security. BlueWallet even supports signing offline or air‑gapped across two apps/devices bluewallet.io+3bluewallet.io+3bluewallet.io+3.
Monitor balances or receive funds via imported xpub/addresses without exposing private keys—perfect for cold storage oversight bluewallet.io+2bluewallet.io+2Cryptotesters.com+2.
Users can customize fees (starting at 1 sat/byte), estimate required fee levels (10 min, 3 h, 1 day), and use features like Replace-By-Fee (RBF) and Child-Pays-for-Parent (CPFP) to bump or cancel stuck transactions bluewallet.io+8bluewallet.io+8Cryptotesters.com+8.
BlueWallet offers a decoy wallet feature: define a secondary passphrase to unlock a fully functional “fake” wallet—useful if you’re forced to disclose access Wikipedia+15bluewallet.io+15Reddit+15.
Integrates with MoonPay to purchase Bitcoin via credit card (availability varies by region), and HodlHodl for peer-to-peer BTC trading without KYC or custodial risk Bitcoiner.Guide+2coinbeast.com+2Cryptotesters.com+2.
BlueWallet is entirely open source, with code available on GitHub. It’s well regarded in the Bitcoin community for transparency and peer review Reddit+1Bitcoiner.Guide+1.
Security is non‑custodial: private keys never leave the device and funds are recoverable via a 24-word BIP‑39 seed phrase. Screenshots are disabled during seed export to discourage unsafe backups Cryptotesters.comBitDegreeGoogle Play.
Biometric unlock is supported, along with optional wallet encryption via password. Note: if you encrypt the wallet, biometrics cannot be used to decrypt it Cryptotesters.com.
However, 2FA (two‑factor authentication) is not supported—some critics cite this as a security limitation compared to other wallets Wikipedia+15money.com+15bluewallet.io+15.
BlueWallet also supports connecting to your own Bitcoin node via Electrum, improving privacy and reducing dependence on third-party services bluewallet.io+13Bitcoiner.Guide+13bluewallet.io+13.
Users in Reddit’s r/Bitcoin regularly praise the wallet:
“Blue Wallet is open sourced, peer reviewed, and well regarded among the bitcoiner community. It's one of the top self-custody mobile wallets.” Reddit+1Bitcoiner.Guide+1 “It’s one of the best hot wallets.” Reddit+1BitDegree+1
These comments emphasize trust in its transparency and feature set, while also reminding users: all hot wallets carry the standard risk—keep only limited funds on them Reddit.
Choose BlueWallet if you’re:
If you want multi-asset support, staking options, or deeper onboarding education—other wallets may be better suited.
BlueWallet is a nimble, minimalist, and powerful tool for Bitcoin purists. Its open-source code, modular wallet options, Lightning support, and strong focus on user control make it one of the most complete mobile Bitcoin wallets on the market. Especially for users who value customization and independence over ease-of-use or multi-asset convenience, BlueWallet delivers.
That said, its reliance on your smartphone—and lack of 2FA—means it belongs in your hot wallet tier: handle only amounts you’re willing to expose to device risk. Pair it with cold storage or hardware backups as needed.
Ultimately, BlueWallet remains a standout in mobile Bitcoin wallets—lean, featureful, secure by design, and built by Bitcoiners for Bitcoiners.
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