Titan CoinApp Store
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
(Analysis from Android review)
TitanCoin (TTN) is a multi-currency wallet that supports BTC, ETH, LTC and its own TTN (Titan Coin).
There is an ICO related to this project.
Section 13. Strict Adherence to Country Specific Regulations
TITAN PROJECTS( TTNEX & TITAN COIN, TTN ) reserves it right to demand the “Proof of Source of Funds” from any user, to ensure that the funds and cryptocurrency and digital assets used for trading on our platform originated from legitimate sources. We always endeavor to be compliant with prevailing KYC, CFT & AML guidelines issued by FATF. TITAN PROJECTS( TTNEX & TITAN COIN, TTN ) may, in its discretion, confiscate any balance remaining in the Account and deliver it to any applicable government, law enforcement, or other authorities where circumstances warrant.
We downloaded the app and registered. There is a KYC requirement. We were not able to locate any feature on the app that provides access to the backup seed phrases or private keys.
Absent the ability to retrieve the backup seed phrases, together with an ability to “confiscate the balance of any user’s account”, this service is custodial and the app 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.