iDAX ExchangeGoogle Play
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
App Description From Google PLAY
Invest and manage your digital assets by using a fast and secure app. iDAX delivers a superlative trading experience with trusted, safe, and speedy transactions, and intuitive user interface.
Crypto Cash - USDT, MONT loan with BTC, ETH and ARDX collateral;
Security backed by Slowmist, Beosin Blockchain Security & Johnwick Sec Lab;
Instant deposit and withdrawal to your bank account;
HODL and earn up to 8% APY on crypto per annum;
- This is a cryptocurrency exchange.
- It is possible to deposit and withdraw bitcoins
- There is a [termination clause] which allows the exchange to suspend the user’s ability to move funds:
The ability to freeze or lock the user’s funds is a good sign that this is a custodial provider.
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.