Eltcoin is a company that offers a set of different services for many projects including a blockchain platform, and an exchange. But in this case, ELT is a wallet that has been not very functional for users and it is even a project highly considered a scam. If researchers take time in exploring the page they will find that the platform does not offer so much content. Everything is outdated and the platform has not received support for a long time.
This wallet that is active and available for iOs and Android servers is not the best release currently. It is just a product that has been offering errors, bugs, and other failures when updating the app. This might come, perhaps, of confirmed low management. But in my perception, it is more than that. The platform also has a lack of development.
Some months ago it was believed this project was about to vanish out of the internet, but it still remains there, although it hasn't received any update. The team is not active on it, although they can still be located through other services. Hacks have not occurred on it, but users are worried about that, and today more users consider not to keep accessing the app.
All that I can inform is that warnings and pieces of advice have been mentioned. This project is not good and everyone should keep away from the platform to avoid possible issues with their data.