Cobo WalletGoogle Play
Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
Update 2022-05-15: This app is not available anymore.
Update: This wallet was one of the first wallets that was analyzed and back then the custodial wallet was detrimental to call the full wallet custodial. As it apparently also has a non-custodial part, this verdict is not accurate anymore.
This app is at least primarily a custodial wallet:
Designed for user convenience and worry-free investing
Generate stable returns on your crypto assets
Free, instant transfers between Cobo Wallet users
but also has a non-custodial
Take full control of your assets and private keys for maximum safety
Easily import your mnemonic seeds from other wallets you may own
Support for DApps
EOS & Tron voting
As there is no source code available, claims cannot be checked, which is why the verdict has to be: this wallet is not verifiable.
Tests performed by Leo Wandersleb
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.