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Bitcoin Wallet by CryptWallet - Finance Services
(Actually "Bitcoin Wallet — Crypto Wallet". For details read below.)

Latest release: 1.1 ( 26th May 2021 ) 🔍 Last analysed 21st May 2022 . Not a wallet Not updated in a while
2 ★★★★★
10 thousand
2nd May 2020

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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.

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The Analysis 

Updated Review and Verdict 2021-11-01

Upon installation, the app now displays a picture of a monkey with a crown. The heading is labeled ‘Followiz’. We documented screenshots on twitter. Scrolling down, it then shows the following text:

enviar pago para realizar un pago, envielo usando ios botones que aprecen a continuacion

Para realizar un pago, envielo usando el codigo QR o ios botones que aparecen a continuacion

translated:

send payment to make a payment, send it using the buttons you see next

To make a payment, send it using the QR code or the buttons that appear next

Its lack of functionalities of a real “Bitcoin Wallet” as it calls itself make it highly suspicious.

Old Review 2021-10-19

⚠️ Caution: this app does not have developer information apart from “Crypt Financial Services”. It also did not list its ‘Website’ on Google Play. While these do not constitute in and of themselves evidence of any wrongdoing, it does raise questions about the app itself. We advise users to take extra precautionary measures when installing this app.

App Description

The logo of the app bears a striking resemblance to the original orange bitcoin app. Instead, it is blue.

The developer of the wallet is “CryptWallet - Finance Services”

The Google Play description lists the following features for the app:

✔️ Visualization of the portfolio balance in Bitcoin and in other currencies.
✔️ Sending and receiving bitcoins through NFC, QR codes or Bitcoin URL.
✔️ Address book to store commonly used Bitcoin addresses.
✔️ Transactions can be carried out offline, executing when the connection is recovered

Google Play Reviews

Onix Ramirez
★☆☆☆☆ October 13, 2021
Awful!!! The only thing that works in this app is ads. It shows nothing at all.

Ginver Guadalope
★☆☆☆☆ September 25, 2020
It will not let me in even when wifi is on

The App

Once we opened the app, the first thing that appeared was a button that looks like a Paypal button. The label of the button was “Comprar Ahora” translated means, “Buy Now”. At the bottom of the button are the logos for MasterCard, Visa, American Express and other cards.

We would not like to press that button.

Old Verdict

⚠️ Caution. We believe that many of the circumstances regarding this app makes it prime for more scrutiny. In the absence of any proof that it is indeed a cryptocurrency wallet, our safest verdict would be to say that it is not 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.

But we also ask:

Was the product updated during the last year? If not, we tag it Stale!

Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a year are probably not well maintained.

This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.

The product cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The product might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.