Ace eWalletApp 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)
App Description from Google Play
Ace eWallet provides higher than market interest rates on your cryptocurrencies stored with us, up to 14% APY. Our inhouse crypto arbitrage team is able to trade risk free to give you your interest. We do not loan out your crypto nor use it for risk endeavours so your crypto assets are safe with us.
Furthermore, we are a licensed money-broking firm committed to safety and integrity.
We installed the app and found a Bitcoin wallet. The user has to undergo KYC prior to being able to deposit or withdraw.
On the homepage it is also stated:
We offer our users protection of your digital assets stored with us.
This is a custodial service.
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.