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BitFreezer

🔍 Last analysed 18th February 2022 . Under development Not functioning anymore
18th February 2018

Jump to verdict 

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Do your own research!

Try out searching for "lost bitcoins", "stole my money" or "scammers" together with the wallet's name, even if you think the wallet is generally trustworthy. For all the bigger wallets you will find accusations. Make sure you understand why they were made and if you are comfortable with the provider's reaction.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

Its website is no longer online. The accompanying Android app on Google Play is also no longer available. We were also not able to locate links to its public source code.

Setup Procedures

Install the app by searching “Bitfreezer” in the app store or request beta access through this website. Then follow the instructions.

Click “register” to set-up your account, be ready to provide a memorable username and password.

Now that you are registered, you can create multiple cold wallets for your cryptocurrencies. Follow the instructions within the app.

With every cold wallet generated, you will receive a key. It is vital that you store this key offline. In the event you should ever need to recover your wallet, this key will be the only way this is possible.

Conduct transactions from the wallets on your smartphone. Simply follow the instructions to connect keys and to send/receive funds.

Verdict

All indications point to a discontinued product.

Moreover, the promotional material shows no screen or buttons, so this product at best was blindly signing whatever an app asked it to sign.

(dg)

Verdict Explained

We still have to analyze this product.

As part of our Methodology, we ask:

Development

Did we get to a conclusion on the verdict of this product yet?

If the answer is "no", we mark it as "Under development".

This product still needs to be evaluated some more. We only gathered name, logo and maybe some more details but we have not yet come to a conclusion what to make of this product.

But we also ask:

Defunct!

Is the product still supported by the still existing provider?

If the answer is "no", we mark it as "Not functioning anymore".

Discontinued products or worse, products of providers that are not active anymore, are problematic, especially if they were not formerly reproducible and well audited to be self-custodial following open standards. If the provider hasn’t answered inquiries for a year but their server is still running or similar circumstances might get this verdict, too.