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Student Coin

latest release: 1.12.2 ( 26th October 2021 ) last analysed  15th September 2021 A wallet but not for Bitcoin
4.2 ★★★★★
645 ratings
50 thousand
1st April 2021

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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.

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 

Its homepage description reads:

Student Coin is the first crypto platform that allows users to easily design, create, and manage personal, start-up, NFT, and DeFi tokens.

From its getting started page:

The aim of the project is to put the tokens and blockchain into the mainstream- Student Coin is a first platform that allows to perform the wide-scale tokenization for people, organizations, corporations, startups and decentralized finances (DeFi).

We downloaded the app and it seemed that a BTC wallet is among the options. However, as of September 10, 2021, tapping on “BTC” does not elicit any response. We reached out to their Telegram Support and confirmed this information:

Danny, [10.09.21 16:32]
[In reply to Dihari | Student Coin Team]
Thank you for this information. So as I understand it, depositing BTC is not yet
possible via the app. May I know if that information is accurate? @dihari

Dihari | Student Coin Team, [10.09.21 16:33]
[In reply to Danny]
Correct, it can only be possible once we have a full version app.

On another note, we were messaged in private from an account that claims to be from Student Coin support. The account in question provided a BTC address for us to deposit to when we asked how to create a BTC wallet.

Proceed with caution.

Pending the release of their full version app, it is more prudent to say that this app does not have a BTC wallet.


Verdict Explained

The product is not for BTC.

As part of our Methodology, we ask:

Is it for bitcoins? If not, we tag it No BTC

At this point we only look into wallets that at least also support BTC.