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Nash – Buy crypto at the best rates

latest release: 6.0 last analysed  30th April 2021
No source code found
4.4 ★★★★★
605 ratings
10thousand

Published:

Our last analysis is based on data found in their Play Store description and their website.
details below 

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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.

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The Analysis

This statement in the description from the play store below is a claim only the user has access to the private keys.

Nash doesn’t take control of your funds – unlike Coinbase, Kraken or Binance. We’re the only fully-featured exchange where you can trade Bitcoin without giving up your private keys.

With keys in control of the user, we need to find the source code in order to check reproducibility. However we are unable to locate a public source repository.

Our verdict: As there is no source code to be found anywhere, this wallet is at best a non-custodial closed source wallet and as such not verifiable.

(ml)

Verdict Explained

No source code found

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.