KeyWallet Touch - Bitcoin Ethereum Crypto Walletlatest release: Varies with device last analysed 6th March 2021
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.
The description makes rather vague claims:
- Fully complied with HD(Hierarchical Deterministic) wallet
which is a standard that makes most sense for self-custodial wallets.
This application manages crypto wallets for Bitcoin, Ethereum, Ripple, ERC20 tokens and etc.
Now this might be a language barrier issue but we would hope it is a wallet and not an application to manage wallets aka “not a wallet”?
Their website appears to be no more and we get forwarded to some Korean site that according to Google translate reads:
This is to inform you that the “service period has expired” for this site .
There is another website though: afinkeywallet.io
So in the best of cases this is a functioning closed source self-custodial Bitcoin wallet and thus not verifiable.
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.
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