BitBotlatest release: 1.5.6 ( 17th May 2021 ) last analysed 1st November 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 ¶
The app / site has since updated its service since our last review. The review below the update is still valid however there are a few additions.
When we accessed the app, the top button refers us to its website my.bitbot.plus. We accessed the site.
When we went to the ‘Payments’ tab, we saw this message (screenshot):
We’re working on building the withdrawal mechanism. We expect it to be ready by May 1, 2021 June 1, 2021 or after. We will run in continuous maintenance till that date to give you the way to withdraw your future funds.
Till That time, start collecting BBC from offerwalls. Your balance is safe with BitBot! Your BBC balance will have huge potential in the future, start collecting BBC from today! UPDATE 2021-04-30: We needed more time to finish the withdrawal mechanism. We’re working on it, please be patient.
The balance on the user dash is BBC and not BTC.
Our verdict remains the same until changes are made. Even if balances are described with value, they’re in another cryptocurrency.
Description from Bitbot Home Page
The app is built for users who they don’t have to solve captcha to earn “FREE BTC” rewards. It will claim rewards automatically every hour so you can earn more satoshis from the “FREE BTC” game.
As long as you are connected to internet, BitBot will attempt to take rewards! if isn’t the case, BitBot will try again when you are connected.
Upon installation of the app, you are presented with offers to install other apps.
Users are also encouraged to go to the website Freebitcoin, Bitlist and soon, to play games and earn Bitcoin.
The “Exchange” link, refers to Changelly, which is another website/app/service.
This app also refers to another app called Freebitco.in.
It’s not a wallet app.
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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