Delta crypto app review
Check if the provider is under a jurisdiction that will allow them to.Check if you know at least enough about them so you can sue them when you have to!.Do your own research if the provider is trust-worthy!.We have to acknowledge that a huge majority of Bitcoiners are currently using custodial Bitcoin banks.
#Delta crypto app review code#
This verdict means that the provider might or might not publish source code and maybe it is even possible to reproduce the build from the source code but as it is custodial, the provider already has control over the funds, so it is not a wallet where you would be in exclusive control of your funds. Products that claim to be non-custodial but feature custodial accounts without very clearly marking those as custodial are also considered “custodial” as a whole to avoid misguiding users that follow our assessment. They might be a trustworthy Bitcoin bank and they might be a better fit for certain users than being your own bank but our investigation still stops there as we are only interested in wallets. For our evaluation of it being a wallet, these details are irrelevant. Some services might claim their setup is super secure, that they don’t actually have access to the funds, or that the access is shared between multiple parties. The custodial service can at any point steal all the funds of all the users at their discretion. Verdict is custodial and thus, not verifiableĪs the provider of this product holds the keys, verifiability of the product is not relevant to the security of the funds!Īs part of our Methodology, we ask: Is the product self-custodial? If not, we tag it Custodial!Ī custodial service is a service where the funds are held by a third party like the provider. provisions in its Terms of Use concerning the unilateral termination of user accounts and subsequent freezing of funds.
its regulatory compliances including identity verification, 3.
We have sufficient reason to believe that the app is custodial primarily due to 1. We then selected ‘BTC’ as the coin and a wallet address is generated. The function to ‘Deposit’ is marked by a blue button. Once we have confirmed the OTP, we are brought to the app’s main interface. Suspension or Termination of Services and Account: We may, at Our discretion and without liability to You, with or without prior notice and at any time, temporarily suspend or permanently terminate Your access to all or a portion of any Services.Īpart from identity verification, the site also mandates a screening process. The Site’s Terms of Use has clear language about the termination of accounts. Users can trade (long/short) perpetual swaps, futures and options on Bitcoin, Ether, Ripple, DeFi, & 70+ tokens and cryptocurrencies.
#Delta crypto app review android#
(Analysis from Android review) App Descriptionīy all indications, this app looks like a centralized cryptocurrency exchange.ĭelta Exchange is a cryptocurrency derivatives exchange. This analysis yourself and create a merge request for your changes. If you find something we should include, you can Make sure you understand why they were made and if you areĬomfortable with the provider's reaction. For all the bigger wallets you willįind accusations. Think the wallet is generally trustworthy. Please help us spread the word discussing the risks of centralized custodians with Delta Exchange: Crypto Tradingįor "lost bitcoins", "stole my money" or "scammers" together with the wallet's Help spread awareness for build reproducibility