Got scammed.
I opened this account deposited money. Next thing I know it was gone. Luckily was only 200 thought it invest 1000 thank god did not. I tried contacting support but nothing. Reported to Coinbase and the FBI division of cybe crimes please stay away.
Holds coins captive
This app will generate a wallet for you but will never show you the key! Only a recovery phrase that can be used in their app. This is a huge red flag and it means they can stop you from moving your coins with a different app! Apps like this often start charging their own fees once they get a huge user base with a lot of value in their wallets. You get locked in and theres no way to get your coins out without paying them. Be careful and do not use this app to store a lot of value!
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Response from developer
Thank you for sharing your review and concerns. The Recovery Phrase is all you need, as the Private Key can easily be derived from the Recovery Phrase. We're happy to help! Please open Valora and gently shake your device to open a support ticket. We will provide detailed instructions on safely and securely obtaining your private key from your Recovery Phrase.
Lost money
Send 400$ worth of crypto to a different wallet and only received 14$ worth lost 386$
Use anything but this app
Use anything but this app
Using for awhile
Not perfect yet but wow this thing has some good bones .. can earn crypto while supporting good causes and what they are attempting to do in Africa is going to be the cherry on the crown . Hope they invent an in wallet pay as you go credit card .. be awsome to hit a button at the top of the screen and swap a crypto into cash equivalent that can be used in the real world . Still haven’t bridged the etherium network completely with the celo network .. ps work around would be to have that loadable card act as the middle man .. transfer celo to the card and then from the card as a cash buy into etherium . The ecosystem wins and so do the users.
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Can’t get money out/try’s to lock you out.
The app will only let you transfer money to two apps. Then after you have logged in with a password for years, they lock you out if you don’t have a recovery code.
