Stratum Advanced WalletGoogle 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
This app comes from the same providers as
What does this product offer? Stratum Advanced Wallet, SAW, is a specialist product created to add value for our clients with long-term stored cryptocurrencies. Take advantage of the Stratum team’s extensive experience within the cryptocurrency market.
How does it work? Account holders will receive on certain selected cryptocurrencies stored within the SAW for a minimum period of 30 days, * a percentage of the currency added to their account balance at the end of the period.
From the Terms:
6.7 We reserve the right to suspend or disable access to your account if we reasonably suspect that any unauthorized activity is taking place on your account, without incurring any liability to you, or any other person.
After entering your number and creating a password, you are then given a form and asked to fill it with personal information such as name, email, country, state, and city. However, this form is optional. After verifying via an SMS OTP, you are given access to the wallet.
Users can choose to receive BTC via a receiving address. It is also possible to send by pasting a wallet address or scanning a QR code.
There are no options to view the mnemonics.
This app is custodial and not verifiable.
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.