Paritex 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
Paritex is a cryptocurrency exchange.
Paritex has the exclusive authority to stop and cancel transactions that are suspicious or that constitute a crime and to block assets.
We downloaded the app and registered on the service. It is possible to deposit and withdraw BTC. As with most cryptocurrency exchanges, the private keys or the seed phrases are not provided to the user.
With ID verification, an Anti-Money laundering and Terrorism Financing Policy, plus with clauses the gives the platform the ability to block the assets of the user, this cryptocurrency exchange is custodial and the app is 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.