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Klever Wallet: Buy Bitcoin, Ethereum, Tron, Crypto

latest release: 4.1.5 last analysed  17th November 2020
No source code found
4.2 ★★★★★
5552 ratings
500thousand

Published:

Our last analysis is based on data found in their Google Play description and their website.
details below 

Do your own research!

Try out searching for "lost bitcoins", "stole my money" or "scammers" together with the wallet's name, even if you think the wallet is generally trustworthy. For all the bigger wallets you will find accusations. Make sure you understand why they were made and if you are comfortable with the provider's reaction.

The Analysis

We found this app as TronWallet’s listing at Google named this app’s website as its website, too. Or actually both apps claim www.tronwallet.me was their website but that page only redirects to klever.io/en/ which in turn only points to this app not to TronWallet.

This app’s description looks like a copy of TronWallet’s description with the same strong claims about being non-custodial and also without a link to the source code on Google Play. On the website we can’t find a link to their source code neither. Searching GitHub doesn’t yield relevant results neither and we conclude that this wallet is closed source and thus not verifiable.

Verdict Explained

No source code found
Without public source available, this app cannot be verified!

This verdict means that we could not find any source to compile the app from. Internally the company might do everything right but as we can't verify it, there is nothing protecting the user from an exit-scam where the provider releases an app that leaks the keys to the servers.

The app cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The app might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.