Mycelium Advanced Features for Experienced Bitcoin Users
While accessible to beginners, Mycelium offers sophisticated features that appeal to experienced Bitcoin users seeking maximum control over their transactions. The wallet provides manual fee selection capabilities, allowing users to set custom satoshi-per-byte rates based on current network conditions and transaction urgency. It supports Coin Control features, enabling selection of specific unspent transaction outputs (UTXOs) for enhanced privacy and efficient fee management. Advanced users can connect the wallet to their own Bitcoin full node, ensuring complete validation of all blockchain data without trusting third-party servers. The multiple accounts feature allows for complex fund organization strategies under a single seed phrase. For privacy-conscious users, Mycelium offers Tor network integration, obscuring IP addresses from network peers. The wallet also supports modern Bitcoin protocols like Replace-By-Fee (RBF) and Child-Pays-For-Parent (CPFP) for managing transaction fees after broadcasting. These advanced capabilities transform Mycelium from a simple storage tool into a comprehensive Bitcoin management platform. To access these powerful features, you need the authentic software. Ensure you have the official Mycelium APK installed.