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Bitcoin Wallet & BNB, BEP20, ERC20 Tokens Wallet

Latest release: 1.2 ( 20th May 2021 ) 🔍 Last analysed 16th February 2022 . No source for current release found Not functioning anymore
4.9 ★★★★★
70 ratings
10 thousand
7th March 2021

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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 

Update 2022-02-09: This app is no more.

App Description

Receive, send, store and exchange bitcoin, erc20 tokens and BEP20 tokens Instantly and securely. Cash out or withdraw bitcoin to any debit card Visa or Mastercard or to any bank account.

  • Multi-currency non-custodial and ERC20 & BEP20 tokens wallets
  • Become your own Bank. Take 100% Control of your Funds.
  • Receive, Send, exchange and store crypto, BTC, bitcoin, erc20 tokens and BEP20 tokens securely!​ Transfer from one wallet to another within seconds.

The Site

Included in the service are:

  • Options to buy BTC with VISA and Mastercard
  • Avail a Bitcoin debit card
  • Buy, sell and exchange
  • Non-custodial app
  • No sign up required

Verdict

We were able to test the app, and true enough, the initial setup provided options for creating a bitcoin wallet or restoring a wallet. This wallet had the ability to send or receive. However, we were not able to find links to the source code on its homepage or in any GitHub repository.

(dg)

Verdict Explained

Without public source of the reviewed release available, this product cannot be verified!

As part of our Methodology, we ask:

Is the source code publicly available? If not, we tag it No Source!

A wallet that claims to not give the provider the means to steal the users’ funds might actually be lying. In the spirit of “Don’t trust - verify!” you don’t want to take the provider at his word, but trust that people hunting for fame and bug bounties could actually find flaws and back-doors in the wallet so the provider doesn’t dare to put these in.

Back-doors and flaws are frequently found in closed source products but some remain hidden for years. And even in open source security software there might be catastrophic flaws undiscovered for years.

An evil wallet provider would certainly prefer not to publish the code, as hiding it makes audits orders of magnitude harder.

For your security, you thus want the code to be available for review.

If the wallet provider doesn’t share up to date code, our analysis stops there as the wallet could steal your funds at any time, and there is no protection except the provider’s word.

“Up to date” strictly means that any instance of the product being updated without the source code being updated counts as closed source. This puts the burden on the provider to always first release the source code before releasing the product’s update. This paragraph is a clarification to our rules following a little poll.

We are not concerned about the license as long as it allows us to perform our analysis. For a security audit, it is not necessary that the provider allows others to use their code for a competing wallet. You should still prefer actual open source licenses as a competing wallet won’t use the code without giving it careful scrutiny.

But we also ask:

Is the product still supported by the still existing provider? If not, we tag it Defunct!

Discontinued products or worse, products of providers that are not active anymore, are problematic, especially if they were not formerly reproducible and well audited to be self-custodial following open standards. If the provider hasn’t answered inquiries for a year but their server is still running or similar circumstances might get this verdict, too.