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Lead Wallet

latest release: 1.0.10 ( 17th November 2021 ) last analysed  26th October 2021 Under development 
4.8 ★★★★★
6
3rd August 2021

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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.

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The Analysis 

(Analysis from Android review)

This app is not to be confused with its BETA version, Lead Wallet (BETA) - Store & Swap Cryptocurrencies Defunct! 

As seen on the wallet page, the Beta version will be discontinued.

The beta version of Lead Wallet App will be discontinued shortly, kindly download our mainnet app…

App Description

Crypto, DeFi and NFT Access Wallet for Bitcoin, Litecoin, Ethereum, Tether, Tron, BNB.

The Site

The Terms of Service (PDF)

With our services, you can generate and save the private master key that only corresponds to the wallet and must be used in conjunction with the wallet to authorize you to access the wallet. We do not store any data in our server, and all encrypted backup of certain information about the wallet is stored on the user side. You are solely responsible for the security of your private primary key and any backup mnemonic security associated with your wallet.

The App

We downloaded the app. It offers two choices: create a wallet or import a wallet. Wallet creation entails the provision of the 12-seed words. There is a BTC wallet that can send and receive.

Verdict

The Github repository has been provided for this app. However, there is no appID, Android build instructions, or any Android app source code. Unless there is any further clarification, we assume that this app is closed source.

(dg)

Verdict Explained

We still have to analyze this product.

As part of our Methodology, we ask:

Did we get to a conclusion on the transparency of this product yet? If not, we tag it Development 

This product still needs to be evaluated some more. We only gathered name, logo and maybe some more details but we have not yet come to a conclusion what to make of this product.