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Secrypto-Bitcoin, ETH, EOS

latest release: 1.28 last analysed  21st April 2021
No source code found
2.9 ★★★★★
959 ratings
100thousand

Published:

Our last analysis is based on data found in their Play Store description and their website.
details below 

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

We do not have to look far to find the wallet claims to be non-custodial.

*Highest-Level of Security. Sensitive keys stored encrypted and only locally on your devices.

However such claims need to be verified and this wallets source code is nowhere to be found. In fact we were not able to access the wallets website given a 404 response at time of review.

Our verdict: This ‘wallet’ claims to be non-custodial, however with no source code this wallet is not verifiable.

(ml)

Verdict Explained

No source code found

Without public source available, this app cannot be verified!

This verdict means that we could not find any source to compile the app from. Internally the company might do everything right but as we can't verify it, there is nothing protecting the user from an exit-scam where the provider releases an app that leaks the keys to the servers.

The app cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The app might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.