Quantfury: Your Global BrokerApp 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)
Description from the site:
Сommission-free trading and investing at real-time spot prices of global and crypto exchanges.
Quantfury is an exchange that allows users to trade cryptocurrencies and leverage real stock market assets like Tesla or Uber. It utilizes a third party provider: Coinpayments.
The platform provides services for: Crypto, Stocks, Futures, ETFs.
QuantFury Terms and Conditions Page
Quantfury (!Quantfury”), provides a mobile application-based platform (the !Quantfury App”) that allows users of the Quantfury App (!Traders”) to obtain economic exposure to the price movementof an underlying financial instrument (including, stocks, ETFs, commodity futures, index futures, cryptocurrency pairs, and fiat currency pairs) without the need for ownership and physical settle-ment of the underlying financial instrument (the !Service”).
Of particular note here is the section pertaining to wallet custody:
Funds received by Quantfury, prior to utilization on the Quantfury platform, shall be held in wallets originated by reputable third-party providers. All funds and other property of any Trader which Quantfury or its affiliates may at any time be carrying for a Trader (either individually or jointly with others) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by Quantfury as security and subject to a general lien and right of set-off for liabilities of client to Quantfury whether or not Quantfury has made advances in connection with such funds or other property, and irrespective of the number of accounts the client may have with Quantfury. Quantfury shall at no time be required to deliver to any client the identical property delivered to Quantfury for any account of any client.
Quantfury Support Page on Withdrawals
Withdrawals on Quantfury are sent instantly and without any fee, outside of the network fee required by blockchains to send the transaction.
Quantfury withdrawals are facilitated by the service of Coinpayments, the #1 merchant wallet in the world. Quantfury relies and passes on the network fees set by Coinpayments, which are flat.
Quantfury Support Page on Adding Funds to Account Balance Wallet
You can add funds to your Quantfury account balance at any time. Make sure to fund your account balance wallet in the same type of cryptocurrency that your current account balance is funded in.
Funding and Deposits
It is possible to fund your account using cryptocurrencies:
Once you selected the trading power, and the cryptocurrency you will be funding your account balance with, the Quantfury app will display the minimum amount required to be funded to access the trading power you selected.
Identity verification is required.
This app is custodial ergo, the app cannot be verified.
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.