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
S-Wallet is a multi-currency cryptocurrency wallet that allows each user to store crypto and fiat assets in a single secure vault.
3.1. The Company provides the following services on the Platform (collectively – “Services”, and separately – the “Service”):
- services of virtual currency exchange;
- services of management of custodian virtual currency wallets (“Wallet Services”);
- services of staking;
- other services available on the Platform.
Google Play Review
★☆☆☆☆ January 27, 2023
Your sending fees are extremely too high. Where on earth can someone send a btc worthy $21 and charged $11.50 for such a transaction? This is clear daylight robbery. I give you 0.00000006% of a star.
As the provider mentions, the service is a custodial service. Once we’ve downloaded and registered with the platform, we were able to see options for depositing or withdrawing BTC. However, we were not able to find the seed phrases or the private keys. This 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.