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
Update 2022-01-15: This app is not on the Store anymore.
(Analysis from Android review)
The app allows users to buy, save and invest in Bitcoin. Its focus is in savings, investment via Dollar Cost Averaging.
The Terms and Conditions specify:
This license shall automatically terminate if you violate any of these restrictions and may be terminated by Bitnob Technologies at any time. Upon terminating your viewing of these materials or upon the termination of this license, you must destroy any downloaded materials in your possession whether in electronic or printed format.
We downloaded, installed and registered on the service. After verification, we were able to locate the BTC wallet with the ability to send and receive. It is possible to receive BTC via Lightning or Onchain. There are no overt ways to export or backup the private keys or mnemonics.
This app is primarily a method to save or invest in Bitcoin. Thus, its interface and service is geared towards Bitcoin users who would like to use a custodial service. It is not verifiable.
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.