Savl Crypto & Web3 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
Account personalization with the ability to restore access. All the Savl wallets operations and data are protected by a unique 12-word key.
Savl provides the private keys. Found on the official website:
IMPORTANT: Savl has no way to access users’ private keys. Private keys are only stored on the user’s device in encrypted form. If you lose access to your Savl account, the 12-word string, or private key, generated during registration will be needed to recover your account. Keep your private key in a safe place and do not share it with anyone. Savl staff will never ask for your private key.
From the Terms and Conditions, Section 3.4 Transactions via the “Wallet”:
The Wallet allows you to access your wallets within the respective Blockchains and to send Digital Assets from those wallets to other wallets within the same Blockchains. At no point will the Company ever take custody of Digital Assets traded via the Wallet.
We cannot find the source code for the wallet client using its Google play appID.
Upon closer inspection of savL’s Client Agreement document
You undertake not to:(a)copy,redistribute,publish,reverseengineer,decompile,disassemble,modify,translateormakeany attempt to access the source code to create derivative works of the source code, or otherwise;
This wallet is a self custodial wallet, but without the source code for the wallet, it 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.