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NetDania Stock & Forex Trader

latest release: 4.1.1 ( 22nd November 2021 ) last analysed  10th October 2021 Not a wallet 
4.5 ★★★★★
24319 ratings
1 million
4th November 2011

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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.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

App Description

Our initial impression of the app indicates that this is a portfolio tracking app that has included Bitcoin in their assets list. It is also possible to track stocks, precious metals, and forex.

The App

We downloaded and installed the app. Upon installation, we found a ‘Crypto’ tab. Clicking on it, shows different pairings: BTCUSD, ETHUSD, XRPUSD, BCHUSD, BNBUSD and XLMUSD. The app offers a premium version.

Upon clicking Sign In, we were asked to register. We were then asked to add an account: demo, live. Clicking on ‘Add a live account’ shows several brokers:

  • FXDD
  • Friedberg Direct
  • FCI Markets
  • CFH Clearing
  • FXCM Markets

Selecting any of the options will take you to those brokers’ sites.

In the Crypto tab, clicking on a pairing will take you to a third party website.

Verdict

This app does not hold the functionalities of a cryptocurrency 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.