Atomic Wallet Review: Fees, Coins, Security Compared 2023

One might want to start investing in cryptocurrency for the long-term. The best thing you can do is set up a cryptocurrency wallet first. The selection of options can be overwhelming, so it is best for beginners to start with an easy to use encrypted and secure one. This article will provide you with an in-depth review of Atomic, one of the best cryptocurrency wallet solutions on the market.

What Is Atomic Wallet?

Atomic Wallet is a multiplatform cryptocurrency wallet supporting over 500 assets. It belongs to the decentralized anonymous wallets - no registration is needed, the keys are stored on the user's device.

Atomic Wallet History

Founded in 2017 by Konstantin Gladych, co-founder and CEO of Changelly. Wallet is supported in several operating systems, including Windows, macOS, Linux, Android, and iOS. Since its inception, Atomic Wallet has been steadily growing and adapting to the ever-changing cryptocurrency markets and culture. Today it is a full-fledged cryptocurrency wallet!

Atomic Wallet Summary

Is Atomic Wallet Legit and Safe?

Atomic Wallet Reviews

Atomic Wallet user rating is 4.4, based on 13160 user reviews. It's an excellent indicator of reliability.

How does it Work?

The Atomic Wallet app works in the following ways:

How to open your Atomic Wallet account

Step 1 - Go to the official website and initiate the download

Go to the official website https://atomicwallet.io/. Click Download, and then select the version for the operating system you are using.

When selecting mobile operating systems you will be redirected to the sites of the official application stores - Google Play or App Store (unless you are downloading an APK file - then the file download will start. You will subsequently need to open it from your phone and install it.

If you choose the desktop operating system, the installation file is downloaded. Just run and install it like a normal application.

Step 2 - Installing security measures

Saving your security phrase and then confirming it before using the wallet. After that, you will need to create your own password and select a source currency. You will be able to add more currencies later.

Step 3 - Open the Atomic Wallet and add crypto

Atomic Wallet Features

Fees

The wallet is completely free. You just pay the network fees (which are designed for miners).

Supported Assets

Atomic Wallet supports Bitcoin, Ethereum, XRP, Litecoin, XLM, over 500 other coins and tokens. 

Stacking

Atomic Wallet gives you the opportunity to staking cryptocurrencies running on the Proof-of-Stake algorithm to earn passive income. Go to Staking to see which coins are currently available for staking and what annual returns they offer.
The process itself is as simple as possible. Click on the coin of interest and then click on Staking. Enter the amount and view information about yields, commissions, and validators. If you're happy with everything, click Stake.
You can withdraw assets from Stake at any time by also going to the desired coin and clicking Unstake.

Exchanges

Instantly exchange one cryptocurrency for another via Atomic Wallet in the Exchange section. The operation is very simple - you need to select the given and received currency, enter the amount and click on the Exchange button, then confirm your action. Please note that firstly, the exchanger does not support all of the assets that are in the wallet, secondly, when selecting Tether it means Tether ERC-20, and thirdly, there is a minimum amount for each exchange pair.

Security

Atomic Wallet offers the following security measures: Password for access, storage of keys with the user, passphrase for recovery.

Support

Wallet support works 24/7. Contact can be made using the feedback form.

Other contacts: Email - [email protected] Social networks and messengers: Meta (FB), Telegram, etc.

Advantages and disadvantages

Alternatives

Conclusion

Atomic Wallet is definitely one of the most convenient and secure cryptocurrency wallets. It supports hundreds of different cryptocurrencies, makes it possible to quickly exchange them one to another, and has 24/7 technical support. The wallet is extremely easy to use, there are no problems with its use even for beginners who are working with cryptocurrencies for the first time. The fact that not all coins are available for purchase and exchange is not a big problem - after all, the main thing is that all the most popular assets are available. It's definitely worth considering this storage option if you're looking for a suitable wallet for your computer or phone.

FAQs

Why do I need an AWC token?

This is a proprietary wallet token that allows you to increase the level of cashback for transactions. The higher the level, the more you can save.

Can I buy cryptocurrency with my card?

Yes, but not all coins. The commission is 5%.

What is Atomic Wallet?

A multicurrency and multiplatform wallet for storing cryptocurrency. It has been in operation since 2017.