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Posted (edited)

Hello guys,

Just to let you know that our team has released a wallet for XRP.
Feel free to try it and let us know what you think about it.

Currently, it supports: 

  • Push notifications
  • Social media login/register
  • QR code scanner 
  • Destination tag, so there's no need for the 20 XRP activation fee.
Edited by XRPCloudWallet
Play Store link currently unavailable

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Posted (edited)
2 hours ago, XRPCloudWallet said:

Hello guys,

Just to let you know that our team has released a wallet for XRP.
Feel free to try it and let us know what you think about it.

Currently, it supports: 

  • Push notifications
  • Social media login/register
  • QR code scanner 
  • Destination tag, so there's no need for the 20 XRP activation fee.

Our Website:

https://xrp-cloud-wallet.firebaseapp.com/

Play Store:

https://play.google.com/store/apps/details?id=com.peninsulapps.xrpcloudwallet

How is it that you get around the 20 XRP minimum? 

You're basically a centralized wallet, then? Essentially no different than an exchange? 

Scam?

Edited by Hodlezerper

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Okay, forgive me for being skeptical, but on the face of it there are so many reasons not to use this, which need to be pointed out for newcomers:

  • It uses a shared wallet with destination tag, so the user has no control over the coins they send to you, they rely on you (the service) to be secure and trustworthy. We don't know who you are, so this is problematic. Your websites states: "Don't leave your coins on exchanges!" Why are you better than any of the exchanges?
  • There does not seem to be any way for you to make money from this, I didn't see any ads on the app. Your website claims "no cost" and "free", so we must assume there is no cost for transactions. So if you're not making money, why should we believe that you'll still be operating in a year/month/week? Also, what's your incentive for providing the service?
  • The reviews on Google Play store are clearly fake; all created on the same day, all 5 star, all names are the same sort of format, all reviews are fairly generic.
  • Lots of ways to sign in with social media accounts, so nice and easy for you to link addresses of incoming transactions to real people.

Maybe this is a legitimate project, but unfortunately it has all the indicators of a scam. Beware.

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Posted (edited)
3 hours ago, XRPCloudWallet said:

Destination tag, so there's no need for the 20 XRP activation fee.

@XRPCloudWallet: Where can I find Ripple's documentation about that? One reason for having an activation fee is, presumably, spam prevention; so if there's a workaround, what's to stop spammers from using it?

Edited by tev
spelling, punctuation

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2 minutes ago, tev said:

Where can I find Ripple's documentation about that?

It just means you're sending your XRP straight into their wallet, along with everyone else who uses their service. The destination tag means that they can link your deposit to your user account with them. You rely on their systems and honesty when it comes to withdrawing your XRP, because you can't initiate the transaction on the ledger, you have to trust that they will send you back your XRP when you request it.

It's the same way that the majority of exchanges work. But exchanges have terms of service and a monetary and legal incentive to be honest and maintain a good reputation. And even exchanges screw up sometimes.

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And he didn't bothered to buy a decent domain too.

2 hours ago, at3n said:

The reviews on Google Play store are clearly fake; all created on the same day, all 5 star, all names are the same sort of format, all reviews are fairly generic.

All names have a middle initial name :) Clearly those comments are fake.

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5 hours ago, at3n said:

D'accord, pardonnez-moi d'être sceptique, mais à première vue, il y a tellement de raisons de ne pas utiliser cela, qui doivent être soulignées pour les nouveaux arrivants:

  • Il utilise un portefeuille partagé avec une étiquette de destination, de sorte que l'utilisateur n'a aucun contrôle sur les pièces qu'il vous envoie, il compte sur vous (le service) pour être sûr et digne de confiance. Nous ne savons pas qui vous êtes, donc c'est problématique. Vos sites Web déclare: "Ne laissez pas vos pièces de monnaie sur les échanges!" Pourquoi es-tu meilleur que n'importe lequel des échanges?
  • Il ne semble y avoir aucun moyen pour vous de faire de l'argent de cela, je n'ai vu aucune publicité sur l'application. Votre site Web affirme «sans frais» et «gratuit», nous devons donc supposer qu'il n'y a aucun coût pour les transactions. Donc, si vous ne gagnez pas d'argent, pourquoi devrions-nous croire que vous serez encore opérationnel dans une année / mois / semaine? Aussi, quelle est votre motivation pour fournir le service?
  • Les avis sur Google Play Store sont clairement faux; tous créés le même jour, tous les 5 étoiles, tous les noms sont du même type de format, tous les avis sont assez génériques.
  • Beaucoup de façons de vous connecter avec les comptes de médias sociaux, si gentil et facile pour vous de lier les adresses des transactions entrantes à de vraies personnes.

Peut-être que c'est un projet légitime, mais malheureusement, il a tous les indicateurs d'une arnaque. Il faut se méfier.

if it's free
it's YOU the product

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5 hours ago, noucktourno said:

And he didn't bothered to buy a decent domain too.

All names have a middle initial name :) Clearly those comments are fake.

25 reviews, all on April 12, all with middle name initial, must be a very special app... That's why they're not on App Store.

Friends, please report this app if you have an Android device.

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