AjGlobalV:Trade Bitcoin, EtherGoogle 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
The platform allows the trading of gift cards, Bitcoin and Naira.
Our Vision: to be the most preferred Gift Cards and Bitcoin trading partner – locally and globally.
Google Play Critical Reviews
Note: Out of 87 total reviews, the app received 3.5 Stars. It is also worth noting that the developer responds to each review promptly and professionally.
★☆☆☆☆ June 23, 2021
So fake can’t even sign in I try using another email account still yet keep saying rubbish..
★☆☆☆☆ June 1, 2021
This app is a bad app doesn’t sign up but nestybag announce the app as if is a good app .. the app is very bad .. wasting of MB…. I will only give him one star ⭐ because I can not post it without putting star
By opening a AJ Global Account you accept and agree that AJ Global may, without further notice and in its sole discretion, terminate, suspend or restrict the account of any customer who uses, or who we reasonably suspect may be using, the AJ Global Site or any AJ Global Account in a manner that is inconsistent with the letter or spirit of these Terms.
AJ Global implements and maintains the highest standards of Know Your Customer (“KYC”) processes and controls as part of our commitment to combating fraud and assisting in the prevention of money laundering and terrorist financing. While our industry is largely unregulated, AJ Global voluntarily adheres to local and international compliance standards in relation to customer due diligence.
We downloaded the app to test it. There is a bitcoin wallet that allows users to:
To buy bitcoin, the user must input a dollar value, which then calculates the Naira value and the Bitcoin value. You are then asked to fill up a ‘Pin’ field which is assigned by the user. Once an amount is inputted, there is a message that states:
Note: Total bitcoin received by you may differ from the true value we sent.
Selecting sell from the Bitcoin wallet, we are then presented with different ‘Bitcoin variants’:
- B1 - 10 to 99 ₦ 530
- B2 - 100 to 499 ₦ 540
- and so on
Selecting one presents us with a form that we are supposed to fill. Entering a dollar value calculates the Naira value and Bitcoin value. There’s also a note that says:
Note: Total credited amount may differ depending on the true value sent.
It is possible to receive Bitcoin via QR code and a BTC wallet address
The fields for transfer are:
- Bitcoin Value
- Dollar Value
- Receiver Address
This includes amazon, Google, iTunes, Steam and others.
Most apps with developers catering to the Nigerian population usually uses gift cards and Naira to trade Bitcoin. So far, among the other apps that we’ve reviewed, AJGlobal is one of the few that actually generates a BTC address with functions that allow sending or receiving. However, the service still holds the private keys, implements KYC and has a termination clause that could lock out the user from the platform. This makes the service custodial and the app cannot be verified.
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.