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Swissy

latest release: 3.3 ( 27th January 2021 ) last analysed  26th October 2021 Not functioning anymore 
4.2 ★★★★★
25 ratings
10 thousand
1st September 2020

Jump to verdict 

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 

App Description

From Google Play:

Transfers
Send crypto assets to any of the existing wallets worldwide safely and fast.
Transfer assets to the recipients using their mobile numbers - no need to bother with wallet addresses.
No hidden fees - you pay only a Blockchain fee.

Deposits
Earn up to 12,5% of annual interest on your assets with Swissy deposits.
Compound interests are applied to all Swissy deposits - the longer you keep your assets, the more you earn.
Make deposits in any of 13 cryptocurrencies supported by Swissy.

Loans
Repay loan any time you want, in any convenient cryptocurrency.
Choose any loan-to-value ratio from 10% to 90%.
Anti-volatility mechanism to protect your assets and the system.

Wallets Highly-secured and reliable crypto storage.
13 most common coins supported.
Easy-manageable intuitive wallet interface.

The Site

This website’s certificate is expired. Attempting to access this site will return a privacy warning. However, it seems that Swissy.io is in no hurry to fix this, as the cerificate expired 5 months ago.

The variety of Swissy’s services allows you not only to keep your assets secured in our wallets but also bring you benefits in the form of high interest rates and weekly cashbacks.

Contact

We reached out to swissy.io on Twitter.

Verdict

The last update for the app on Google Play was on January 27, 2021.

The iOS version is no longer accessible.

It’s highly likely that this app is defunct. Attempting to sign up on the app or the website will result in an error.

Trying to send an email to support results in an error saying that the message was not delivered.

Your message couldn’t be delivered to contact@swissy.io because the remote server is misconfigured.

Until further update, we conclude that this app is defunct.

(dg)

Verdict Explained

This product went out of business ... or so. Read the analysis for details.

As part of our Methodology, we ask:

Is the product still supported by the still existing provider? If not, we tag it Defunct! 

Discontinued products or worse, products of providers that are not active anymore, are problematic, especially if they were not formerly reproducible and well audited to be self-custodial following open standards. If the provider hasn’t answered inquiries for a year but their server is still running or similar circumstances might get this verdict, too.