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
It is a cryptocurrency exchange with support for: USDT, BTC, OMG, ZRX, LINK and others.
Provision on Cancellation of User Account
If there is any suspicious activity related to the User’s Account, Cexchangenex may request additional information from the User, including authenticating documents and freeze the Account for the review time. The User is obligated to comply with these security requests or accept termination of their Account.
The App and the Verdict
We downloaded the app and registered on the platform. It is a typical cryptocurrency exchange. There were no provisions for providing backups, seeds or mnemonics. It is a custodial service. The app cannot be verified.
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.