BlueWallet Review (September 2026)
Verdict: Bitcoin-only holders who want multisig or watch-only wallets on their phone.
BlueWallet is an open-source, Bitcoin-only mobile wallet with watch-only and multisig vault features. Its hosted Lightning service ended in 2023.
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Security
- Recovery phrase backup: yes
- PIN protection: no
- Passphrase (25th word): yes
- Secure element chip: no
- Open-source code: yes
- Multisig support: yes
- Biometric unlock: yes
- Two-factor authentication: no
Features
- Built-in swap / buy: no
- Staking: no
- NFTs: no
- DeFi / dApps: no
- Browser extension: no
- Mobile app: yes
- Desktop app: yes
- Hardware wallet signing: yes
Networks: Bitcoin
Ease of use (editorial): 6/10
Pros and cons
Pros
- Bitcoin-only and fully open source
- Multisig vaults with hardware-wallet co-signers
- Watch-only wallets for cold-storage balances
Cons
- Its custodial Lightning service (LndHub) was shut down in April 2023; Lightning now needs your own node
- Bitcoin only
- Advanced features can overwhelm beginners
BlueWallet vs MetaMask
| Feature | BlueWallet | MetaMask |
|---|---|---|
| Type | Mobile | Software |
| Status | Current | Current |
| Price | Free | Free |
| Assets | Bitcoin only | EVM tokens, plus Bitcoin and Solana |
| Open source | Yes | Yes |
| Secure element | No (software wallet) | No (software wallet) |
| Connectivity | Phone / computer | Phone / computer |
| Screen | Your phone or computer | Your phone or computer |
| Backup | Recovery phrase | Recovery phrase |
| Passphrase support | Yes | No |
| Multisig | Yes | No |
| Staking | No | Yes |
| DeFi / dApps | No | Yes |
| Mobile app | Yes | Yes |
| Desktop app | Yes | No |
| Browser extension | No | Yes |
| Ease of use (editorial) | 6/10 | 7/10 |
| Best for | Bitcoin-only holders who want multisig or watch-only wallets on their phone. | Using Ethereum and layer-2 DeFi apps, ideally paired with a hardware wallet. |
Shaded rows differ. Read the full MetaMask review.
BlueWallet FAQ
Is BlueWallet safe?
BlueWallet is a mobile wallet with optional passphrase support and a recovery-phrase backup. Its code is open source, so outside researchers can audit it. As a hot wallet it is best for spending money; keep savings on a hardware wallet.
How much does BlueWallet cost?
BlueWallet is free to download. Swaps and purchases inside the app include provider fees or spreads, and network fees apply to every transaction.
Which coins does BlueWallet support?
Bitcoin only, including networks such as Bitcoin. Check the official supported-assets list before sending a coin.
Sources
Facts on this page were checked on against these public pages. Fees and product lineups change often; always confirm on the provider's own site.
Reader reviews
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Information only, not financial advice. Facts checked Sep 23, 2026. New to self-custody? Read crypto wallets explained.