1 Level
95 Review
314.75 Karma
Review on Atomic Swap Wallet by Patejl Patejlson
Atomic Wallet - do not deposit XRP
Atomic Wallet was one of my first phone app wallet I have installed and have been using. The first benefit using the wallet was that they were airdroping their native currency AWC. On the other hand negative experience was with XRP as you have to have balance at least 20 XRP which are non withdrawable. They have also high fees. The app overall is simple and easy to use. One the big advantage is they are providing staking for selected crypto (AWC 20 % APR). You can also buy and exchange crypto. Worth to mention it is non custodial wallet.
Pros
- lot of crypto listed
- swap function
- native currency airdrop
- simple and easy to use
- staking
- non custodial
Cons
- XRP issue
- high fees
New products
Comments (2)
October 23, 2020
Thank you for your comment but it is worth to state the impression with one of my first wallet installed. My point was with the fact that if you have for example 21 XRP and you store them in this kind of wallet you have to understand the fact that you can use only 1 XRP.
October 23, 2020
Hello, For you to own an $XRP address (non-custodial) $XRP Blockchain requires you to lock 20 $XRP. It's like that on every non-custodial wallet. Unless you are using and Exchange wallet where you get a memo, and don't own the private keys to the wallet then there is no lockup fee.
