SimpleHold - 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
Note: A word of caution, at least one user has indicated that he may have lost funds in this app.
App Description from Google Play
SimpleHold is a non-custodial wallet that empowers you to receive, store and swap your cryptocurrencies like Bitcoin (BTC),
★☆☆☆☆ August 11, 2022
The app worked fine the first time I opened it on my phone. The second time I open the app after closing it, it just gets stuck at the splash screen forever. Only happens on my main phone which is a OnePlus Nord N100. Doesn’t happen on my Samsung tablet or iphone. No idea what’s causing it. Reinstalling doesn’t fix anything.
★☆☆☆☆ June 2, 2022
Most stupid Crypto Wallet App on the market!! It’s Not Simple at All! Can’t Restore Wallet unless you have the extension. The extension is on Chrome. So I tried to add the extension on Chrome but you can’t do it on your Android but on a Desktop or laptop! Then I contact Support for help and they tell me to follow the steps I just explained that Doesn’t work on Android!! Not a User Friendly App and very putrid Support Service! Don’t Download! Don’t download this wallet!
The reviews give us pause as one has indicated that they have allegedly lost funds in the wallet. Furthermore, the source code that was available in their GitHub repository is of the browser extension and an SDK for the extension. The Android app’s source is not available publicly.
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.