Tokoin | My-T WalletApp 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)
It is the first official digital wallet from Tokoin where you can store and transfer your TOKO token. Besides TOKO, you can also manage multiple cryptocurrencies including Bitcoin and Ethereum.
Downloaded the app and was asked for email, password, phone, sms verification. Then go to Settings > Wallets. You’ll see ‘Master Wallet’ plus a 12-word mnemonics. Account verification is accomplished by submitting an identity document. It is possible to send and receive BTC. Wallet backups are also available with 12-word mnemonics.
Evidently, this is a self-custodial app. However we could not find a link to the source code on their website and a search for its Google Play appID ‘com.tokoin.wallet’ on GitHub, did not lead to any repository containing code for the app. Thus, 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.