Buy Bitcoin, cryptocurrency - Spot BTC walletlatest release: 18.104.22.16885-6223da89 last analysed 16th November 2020
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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.
On their website we read:
You control your Bitcoins.
PayPal, Coinbase & Binance control your funds. We don’t. You have entire control over your Bitcoins. We use the best technologies to ensure that your funds are always safe.
but as we cannot find any source code to check this claim, the wallet gets the verdict not verifiable.
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.
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