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 described as an app that sends and receives money in Africa.
Send and receive BTC, ETH, DASH, USDT, LTC, and many more across the world instantly.
Can I buy and sell cryptocurrencies on Flux?
Due to CBN regulations, you can only send and receive cryptocurrencies on Flux
How do I fund my Flux account
You can fund your Flux wallet by making a bank transfer to the account number assigned to your Flux account which you can find when you click on “Add Money” on your Flux wallet dashboard.
Usage of the app requires a BVN - Bank Verification Number and a Nigerian phone number. Users can send Naira via Flux user tag.
We have not found any reference to private keys or seed phrases on Flux’s website. The inclusion of a bank account and the requirement to provide the Nigerian BVN also hints to this app’s custodial nature. 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.