The first wallet that is or seemed easy to use is Cash App.
https://play.google.com/store/apps/details?id=com.squareup.cash&hl=en_US
I downloaded from Google Play. It was recommended to me and it did work
good for me as along as I did a bank to App transfer and then back to
my bank account again. You may need to
wait a few minutes to an hour before you enter your bank card
information or bank
information.
This information seems to be on auto pilot but once found it
worked just fine. They will exchange Bitcoin for you if you add more
information. The fees are real low and you can easily transfer money
from one person to another person, also I see that the new investing
function is now working so I need to look that over. The down
side is that it works well in the US and this can be a limit for many
people that work or live outside of the US. I still use a phone service
from outside the US and the number does not work in the US. If that
changes as the company progresses than I would start using it more.
I
have just read that the company has entered the UK and I do not know
about the phone numbers there. One other thing is that you can
buy and
sell stock from the app or exchange from USD to Bitcoin and back. They
offer a card if you want one which may be something good to have. The
company Headquarters is in San Francisco and has big plans to expand
first into Europe, which is happening now. One thing I really
like is that you do not need an phone number now to start using the App
because they send a 2FA code to your email address. I have not exchanged
USD to Bitcoin so I do not know about
this function but do know they are making improvements on a regular
basis.
More useful information you can find on Cash App:
https://cashcardhub.com/how-does-cash-app-work
Overal I really like the fact that it was easy to navigate in general.
The next wallet is Edge
https://edge.app
which I have also used even with Bitcoin. This is actually a wallet
with the added feature of transferring money from your bank to the
wallet and then exchanging the money to Bitcoin. The wallet needs some
time to become familiar with, so playing with the wallet is recommended
as to learn how to use the functions. You have two functions to purchase
Bitcoin or to sell Bitcoin but these are actually two banks in England.
You can exchange between two kinds of Coins like Bitcoin to Ether or
Bitcoin to Lite coin, etc. I did not use this function because I usually
purchase Bitcoin and send it somewhere within a few minutes. The
wallet becomes easy to use and my download was preset with "My Wallet"
for Bitcoin, Ether, Litecoin. I found a couple of movies on YouTube about set up which were helpful.
The downside is the FEES! I feel that 6-7% are high fees for loading money from your bank to the wallet. ( Cash App was cheaper)
The transfer function from your bank to your Edge wallet were done by
UK banks. So I am not really using this function at this time. Overall I
have had no problems with the wallet.
P.S. I understand most Wallet fees for the functions run about 5%. Uphold and Cash App are about at that rate.
My NEWEST Wallet is from Uphold
https://uphold.com
has
been working for some time to get where they are today and even though I
have not used it yet . The bank is in England and so is Edge Wallet. Uphold fees are "FREE" or so they claim. The
company makes there fees from the difference in the price of
bitcoin. If
the price is 9,780 on an exchange then they raise the bitcoin price up
to say, 9,800. I am sure that the other exchanges do the same. I have
made a bank transfer using my Credit/Debit card and no fees.
They can exchange 60 different
coins, 4 metals, do bank deposits to 40 countries and to some banks
using swift codes and more. Now offering a Debit card that will let you
make withdraws in the major coins, like Bitcoin, Bitcoin Lite, etc. It
looks good so far but I had to change my
password and must wait for 24 hours to make a transfer. Not happy about
waiting but I guess it is part of security. The big PLUS
here for many people is that it accepted my International phone number. I
also made an exchange from my USD to Bitcoin and then made a spend to STAI.
The wallet seems clunky, I feel since I had to click on the help page to
accomplish the task. The help section is good and really helps as you
feel your way around the first time.To make a transfer by Bitcoin you
click the transfer sign at the bottom of the page where you select USD
or Bitcoin near the top of the page, you are taken back to another page
showing the price of Bitcoin at that time. The next block is for the
Dollar amount that you want to send say 100.00 and the top block will
change to the correct amount. In the third block you must tap it or
click on it and it goes back to a selection page, here is the problem
the first time. To send Bitcoin you must scroll down to the lower
section and click on Bitcoin then you go back to the tranfer page to
follow through, then review and send.
The first time through is different from the other wallets. I was
verified in about 30 minutes. You must use Google Authentictor or
Google Authy to sign in and I do not know if that is a plus since I have
recently read that this App can be breached.