Bitcoin POSlatest release: 2.0.0 ( 18th August 2016 ) last analysed 17th August 2021 Not a wallet Not updated in a long time
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 ¶
This app is a POS solution aimed at Merchants receiving crypo currencies, the POS mobile app is listed on their website, however no mention of any source repository for it. This mobile solution looks to work via an Api and can not send crypto currencies, hence it is not a 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.
But we also ask:Was the product updated during the last two years? If not, we tag it Obsolete!
Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a long time are probably not well maintained. It is questionable if the provider even has staff at hands that is familiar with the product, should issues arise.
This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.
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