AMLSafe - Crypto 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
AMLSafe is a cutting edge crypto wallet with fiat pairs and an instant Anti-Money Laundering (AML) checking. Our wallet gives you the ability to buy and sell many cryptocurrencies with fiat.
It is non-custodial! And also not for terrorists.
Our non-custodial crypto wallet helps ensure that your crypto assets are not related to money laundering or terrorist financing.
But … is it reall non-custodial? On the website we read:
Your private key is stored on-premise and secured with a multilevel security system.
Their documentation is “under construction”.
With the conflicting claims about where the keys are stored, we have to assume they retain access to the users’ keys. Either way this app is 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.