ShapeShift: Crypto PlatformGoogle 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
ShapeShift is best known for their non-custodial exchange but this app appears to be a wallet:
STORE YOUR CRYPTO IN A SECURE WALLET
Setup a ShapeShift multi-chain wallet in seconds to store your crypto.
… and non-custodial:
ShapeShift makes self-custody easy, never holding your coins, so you have complete control over your assets.
but is their code public?
On the referenced website there is no link back to the app on App Store or Play Store but there is this site where they suggest having an invite-only mobile app. When you provide them with your email (Seriously?) they … forward you to this site where there are actually download links for both mobile apps.
As we couldn’t find any source code we assume the app is closed source and therefore not verifiable.
Tests performed by Leo Wandersleb
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.