Bitay | Bitcoin & 200+ AltcoinGoogle 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
Turkey’s Most Trusted Crypto Currency Exchange
Bitay’s Security Policy discusses how its wallets are secured:
the technology from our trading platform to wallets has been developed within the company in a 100% secure manner. No 3rd party software has been used in case of a security risk. 98% of your platform’s crypto-currencies are stored privately in cold wallets that are not connected to the internet.
Bitay also requires identity verification
The Support Center > Deposit and Withdraw > Withdraw page is blank.
However, it has a status page for the availability of cryptocurrency Withdrawals/Deposits and fees.
These point to a custodial service with an exchange.
Tests performed by Daniel Andrei R. Garcia
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.