Sun Crypto: Buy & Sell CryptoGoogle 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
We downloaded the app.
As a cryptocurrency exchange, our initial analysis points to this as a custodial service.
According to its Terms page:
After registration of your Client Asset Account, as per the required process You will be eligible to purchase, send, receive or store crypto assets supported by the SunCrypto Platform. You may be required to maintain a minimum balance of funds in your wallet before you initiate certain transactions. We reserve the right to refuse to execute any order and/or transaction initiated by you, if the same is in contravention to the AML Policy or to comply with directions of appropriate enforcement authorities.
KYC verification is required.
Under “Client Funds” on the same page:
The transaction fees are detailed on this page
This concludes our verdict describing this app as a custodial service and thus cannot be verified.
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.