Lykke: Buy. Sell. Invest.Google 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
Lykke appears to be a Swiss exchange:
Lykke is your gateway to the future of investment, allowing you to securely buy, sell and store Bitcoin & other cryptocurrencies on the fully regulated Swiss-based Lykke Exchange & wallet.
but there is no claim about the wallet being self-custodial or even hints like references to industry standards in self-custodial wallets.
We only see
- Store your Crypto-Assets safely in our secure Blockchain private wallet
but that could mean anything. For now we assume this app is the interface to an account on the custodial exchange of the same name which makes it not verifiable.
Tests performed by Leo Wandersleb
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.