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)
In the Google Play description, STICPAY does claim to be a digital wallet.
Transfer and receive money faster and easier with STICPAY, the international digital wallet.
With STICPAY, you can make payments online, transfer money to friends and family, and you can send and exchange cryptocurrencies.
This would mean that it is possible to send and receive BTC. However, this app appears to be custodial due to one of the features being:
We keep your money safe
- Advanced anti-fraud and security features
- Strict KYC and AML checks
- 2 Factor Authentication
Presumably, the funds are under custody of the providers and identity verification is in use. In that case, this app is custodial and 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.