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Coinmama - Buy & Sell cryptocurrency

latest release: 0.17.0 ( 10th August 2021 ) last analysed  5th October 2021 Not a wallet 
3.6 ★★★★★
52 ratings
10 thousand
10th August 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 

App Description

Users can buy and sell bitcoin using Visa, Mastercard, SEPA, Apply Pay and Google Pay.

Details

Users can register and then verify their identities. The wallet used will be the wallet of the user. The app itself does not provide a bitcoin wallet.

Here’s how it works

Verdict

This app does not have a bitcoin wallet.

(dg)

Verdict Explained

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.