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Sunday, December 4, 2022

Atomic Wallet Review: Is It Is Safe Wallet Or Not?

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About Atomic Wallet

Atomic Wallet is a decentralized Cryptocurrency wallet that supports more than 500 coins and tokens, providing simplicity, safety, and convenience for its users. The wallet has gained prominence in the crypto realm. Its key features rest on the Atomic Swaps offering, which is a DeFi exchange. The Atomic swap exchange was launched in 2017 by a fintech mastermind, the CEO of Changelly, Konstantin Gladych.

The Atomic wallet supports users’ fiat currency bank cards to buy crypto tokens, such as Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC). The hardware wallet supports easy access to operating systems, such as macOS, Android, Windows, and iOS.

Atomic Wallet Key Details

KeyDetails
Vendor Name Atomic Wallet
Supported Currency Bitcoin
Wallet Features Open Source, Hierarchical Deterministic
Platforms Google
Validation Type SPV
Ease of UseEasy
Anonymity High
Listed At Altwow 26/03/2022
Official Wallet Website Click Here To Visit Wallet Website

How To Install Atomic Wallet?

Step 1

First Download Blue Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Blue Website.

Step 2

Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.

Step 3

Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .

Step 4

Many Wallet Offer Private Key Features. If Blue Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.

Step 5

Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.

Atomic Wallet Fees

Atomic Swaps cryptocurrency exchange purchasing is administered through the wallet’s associate service, Simplex. As they know that users has 500 coins and tokens are permitted through Atomic Swap. The fees sanctioned by the wallet for attaining crypto through fiat currencies are based on two elements.

The first one is where the built-in exchange wallet imposes fees of 2% for a trade order of $10 for each transaction, respectively. The second element is where the crypto wallet service taxes the user’s bank card with a provider’s purchasing fee based on the respective size of the fiat currency account policies.

The fees for this element by the Atomic Wallet are distinguished with an extra cost of 5% exacted as the cryptocurrency purchase needs high-risk performance security for certain coins.

During Wallet review compared with many wallets, it is the only wallet where all the fees depend on the cost processed within the wallet. The expense payment estimate received encompasses the aggregate of all the fees exacted.

Supported Devices by Atomic Wallet

A device that has an operating system such as Windows, macOS, and Linux supports Atomic swaps. In fact, Wallet supports a number of Linux distributions, including Ubuntu, Debian, and Fedora. On mobile, the Atomic Wallet can be downloaded from both the Google Store and the App Store for Android and iOS devices, respectively.

Crypto assets

Atomic offers an anonymous exchange for more than 60 crypto assets with cashback rewards for every swap.

PoS assets

You can stake a wide range of coins and earn profit weekly, monthly, and yearly.

Fiat currencies

Buy any of the 18 most popular crypto assets with your bank card: Bitcoin, Ethereum, Ripple, and many more.

Employees

The big passionate team of crypto professionals works 24/7 to provide you with a better experience.

23% yearly profit in AWC Staking

Every Atomic Wallet user is able to stake native AWC tokens (along with Tezos, Cosmos, and many more) and earn up to 23% yearly profit. AWC is widely used in Atomic Wallet ecosystem as Cashback rewards for every instant exchange, as rewards for referral campaign, and other bonuses. Atomic Wallet Token is tradable on Binance DEX, HOO, and IDEX.

Mission

The mission is not only to provide a convenient way of managing cryptocurrencies but also to create a healthy multifunctional ecosystem that will boost the crypto mass adoption.

At Atomic Wallet, they are building an all-in-one decentralized crypto solution for everyone – no matter how familiar with the cryptocurrency world you are.

The goal is to explain and show that crypto isn’t hard. They also highly respect users’ privacy and provide main features without any KYC.

Core values

Privacy

They respect everyone and guarantee our users full anonymity.

Security

They provide users with the exceptional safety of their funds.

Decentralization

They fully support the decentralization of the network

Security

Atomic Wallet is a non-custodial decentralized wallet.

It means that you own your backup phrase and private keys, thus, you fully control your funds

They have no access to your wallet and your sensitive information

Your 12-words backup and private keys are stored locally on your device and strongly encrypted

Moreover, your funds are not located in the wallet itself, there are safely stored on the blockchain

Is Atomic Wallet safe?

Atomic Wallet is theoretically completely secure, as long as you do everything correctly. It’s open source, which significantly reduces the chances of bugs or hidden vulnerabilities creeping into the programming and critical data like passwords are encrypted and only stored locally on your device.

However, your funds might still be at risk if you install the wallet on a computer that has malware or which connects to the Internet through unsecured Wi-Fi networks. There’s always some level of risk where Internet connections are involved.

These risks can be mitigated very effectively by pairing your Atomic Wallet with a hardware wallet. The best hardware wallets create a physical layer of security, such as a button that needs to be physically pressed, which prevents people from remotely stealing funds. With the combination of Atomic Wallet and a supported hardware wallet you can simultaneously get the cool features of Atomic Wallet and the extra security that’s needed to use it with near complete confidence. At the time of writing, hardware wallet support is not yet available, but it’s still underway.

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