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ATS Wallet

latest release: 2.0.22 ( 7th August 2020 ) last analysed  17th August 2021 Not updated in a while 
4.9 ★★★★★
337 ratings
10 thousand
7th November 2019

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Older reviews (show 0 of 1 reproducible)

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.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

A clear statement can be found in the play store description regarding the management of private keys.

“Superb Security: Your private keys never leave your device. Strong wallet encryption and cryptography guarantee that your funds will stay safe under your ultimate control.”

Sounds non-custodial, but we couldn’t find any source code to look deeper. Also there are a number of warning signs about this wallet that seem very scammy …

Warning I would be cautious of this wallet, there seem to be anumber of warning signs

  1. Alot of the links on the providers website for the social media do not link anywhere.
  2. They have a Iphone app linked on their website but they do not seem to have an iphone version of the app.
  3. The play store reviews are suspisious, 300+ reviews all 5 star and on the same date!

Our verdict: This ‘wallet’ claims to be non-custodial, however with no source code found this wallet is not verifiable.

(ml)

Verdict Explained

This product did not get updated in over a year.

As part of our Methodology, we ask:

Was the product updated during the last year? If not, we tag it Stale! 

Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a year are probably not well maintained.

This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.

The product 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 product 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.