Point of Sale LILKAlatest release: 2.6.69 ( 1st December 2020 ) last analysed 4th October 2021 Not a wallet
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 ¶
LILKA looks like and states that it is a Point of Sale. This makes it clear that this app is not primarily a bitcoin wallet or may not act as one.
In the description, it advertises the following features:
BIP44, xpub and HD recipient addresses
- Bitcoin and Litecoin payments support
- Cryptocurrency exchange
- Bitcoin price and transaction identifications on receipts
- Direct conversion of bitcoin payments to national currencies via Bitcoinpay.com
Bitcoinpay.com redirects to a site called confirmo.net.
From the website:
Payout enables you to automatically send crypto payments directly from available EUR or USD balance. It only takes a few seconds to execute the Payout order. You don’t have to worry about the security risks associated with holding crypto and their exchange rate volatility.
We downloaded the app on a Samsung phone, and it seems to function as a normal PoS system. We couldn’t find the option to send or receive bitcoin in the normal sense of a bitcoin wallet
The app only offers a demo license so we couldn’t actually find the option to pay with bitcoin. But assuming the description and the website is accurate, this app doesn’t allow users to send and receive bitcoin. It simply allows business owners to invoice customers with the option of paying with bitcoin.
Until any further information, we conclude that this app is not a bitcoin wallet.
This appears to not be a product to receive and send money.
As part of our Methodology, we ask:Is it a wallet? If not, we tag it No Wallet
If it’s called “wallet” but is actually only a portfolio tracker, we don’t look any deeper, assuming it is not meant to control funds. What has no funds, can’t lose your coins. It might still leak your financial history!
If you can buy Bitcoins with this app but only into another wallet, it’s not a wallet itself.
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