Post
Topic
Board Bitcoin Discussion
Re: El Salvador official wallet app @chivowallet go offline
by
Jawhead999
on 08/09/2021, 09:49:11 UTC
Nevertheless, I think if a wallet is created by government, it would be a custodial wallet.
Yes, it's custodial since they could reject your transaction and no private key will be given, just like ordinary exchange you access with email password pin code etc.

CHIVO SA DE CV, reserves the right to refuse to process any order of transfer, purchase, sale or withdrawal of Bitcoin and / or dollars at its sole discretion, if CHIVO SA DE CV suspects that the order involves ( or has a high risk of involving) activities related to money laundering, terrorist financing, fraud, or any type of financial crime, or activity that is not in accordance with the provisions of these T&C; or in case of being judicially or administratively required by any competent authority. In such circumstances, CHIVO S. A. DE C. V., will cancel or refuse to process the order, without any obligation to re-allow a subsequent order at the same price or on the same terms as the canceled or refused order.

To that extent, by registering with Chivo Wallet, the User accepts the responsibility of keeping a control of the security of any information, identity documents, passwords or any code used to access Chivo Wallet.

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Is Chivo wallet restricted to El Salvadorians or for everyone globally?
Not really sure, they use Spanish language and no English language yet IMO they only focus to their citizens only now.

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Anyone has been able to check the Chivo wallet? Let's share it, please.
I can't lol I got a messages "not compatible with this version" it's weird because my Android version should be able to download it. Here the download link https://chivostatic.turpialtech.com/index.html#descarga