Moonstake Wallet: Coin StakingGoogle 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
Moonstake Wallet directly claims that it is a non-custodial wallet. From the Play Store description:
Safe and secure, this app never takes custody of your digital assets. Assets stay in your existing wallet, so you won’t ever worry about your account being hacked from our platform and your private keys & passphrases are encrypted and stored in your local device.
Found in the FAQ:
Does Moonstake hold the private key or backup passphrase of my wallet?
Moonstake Mobile Wallet and Web Wallet are both non-custodial wallets. As the operator of the wallet, Moonsatke does not hold any of the user’s assets. As a decentralized wallet, both Private Key and Backup Passphrase can only be seen by the user with their ID and Password. Moonstake cannot access each individual user’s wallets.
We sent an inquiry to the support at firstname.lastname@example.org to ask if the source code is publicly available. We await their response.
However, until then as there is no link to any repository in the official website, this wallet has no source.
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.