CryptoTab Lite — Get Bitcoin in your walletlatest release: 6.0.30 ( 23rd January 2022 ) last analysed 21st August 2021 Not a wallet
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 Analysis ¶
This app appears to be a browser (possibly a derivative of Google chrome) that defaults to the cryptobrowser.site url, albeit a lite version of its paid Pro version.
Browsing over to chrome://cryptotabdash brings the user to a page where you can ‘Activate’ miners (presumedly to mine bitcoins using the phone).
Inviting referrals increases earnings 3x.
It also has an affiliate dashboard.
Earnings are represented in a BTC Balance, where the only possible option is to ‘Withdraw’ and not to send it.
We do not believe this is a wallet because it does not offer key wallet components such as mnemonic phrase backup, sending and receiving. Though the balance represents a BTC amount, the provider could just as well replace the counter with the ‘$’ sign and the user would not be able to verify this amount unless he actively participates in referring people, ‘mining’ or buying the Pro version.
Previous Review This app is a lite version of. It’s safe to assume they have the same verdict.
This appears to not be a product to receive and send money.
As part of our Methodology, we ask:Is it a wallet? If not, we tag it No Wallet
If it’s called “wallet” but is actually only a portfolio tracker, we don’t look any deeper, assuming it is not meant to control funds. What has no funds, can’t lose your coins. It might still leak your financial history!
If you can buy Bitcoins with this app but only into another wallet, it’s not a wallet itself.
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