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17 Karma

Review on Atomic Swap Wallet by Roger Sandoval

Revainrating 4 out of 5

Complete Review of Atomic Wallet

Atomic wallet is really great wallet which supports many, multiple over 500+ coins and tokens . i personally use atomic wallet from 1 year as my spending wallet and it is very easy to use.

Atomic wallet supports mostly all coins and ethereum based erc20 tokens. Also, security wise Atomic wallet is great wallet. Atomic wallet has many features except storing coins.

Atomic wallet implement Atomic swap exchange feature where user can easily exchange any coins or tokens to any cryptocurrency without transferring your funds to 3rd party exchange. As Swap feature is fully decentralized, there is no risk of hack or scam.

Atomic wallet allows users to buy cryptocurrencies with credit/debit card. and it is done with the help of simplex. Atomic wallet.

All in all, User can buy, store and cryptocurrencies at one wallet only which is very great and all processes are fully decentralized. User can create all coins wallets accounts on 1 seed. and they can also extract private keys of specific coin from atomic wallet.

If you are using Atomic Wallet then you must store your backup passphrase/seed/private keys securely at 3-4 different places to avoid any loss. because atomic wallet doesn't store you keys at their servers. I will recommend you to use this wallet. but, if you want to store large amount then its great if you store in hardware wallet.

Comment your opinion in comment box. And mention if i miss any point about atomic wallet. 👍🏻



Updated 5 years ago
Rating has not been changed
Atomic Wallet Official coin is now on Binance chain and we can convert erc20 AWC into Bep AWC now within atomic wallet app. Atomic wallet updated its user interface for pc version.



Pros
  • Atomic wallet is very simple, easy to use and user-friendly wallet and its user interface is also well clean.
  • Atomic wallet is multi-currency wallet which supports more than 500+ cryptocurrencies and tokens.
  • Atomic wallet is secure and fully decentralized wallet where only you have all controls on your keys and funds.
  • Atomic wallet provides great feature that is Atomic swap exchange and that is also fully decentralized so you can avoid risk of any exchange hacks or fund loss.
  • Atomic wallet alsoprovide great feature of buying cryptocurrencies with credit/debit cards by partner with simplex.
  • Atomic wallet has its cryptocurrency which runs on binancechain and listed on binance decentralize exchange.
Cons
  • Users of atomic wallet are solely responsible for their funds security because atomic wallet cant store your keys.
  • Atomic wallet still not as secure as hardware wallet because hardware wallets are cold and mobilewallets are hot storage which should be hack.

Comments (1)

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October 26, 2019
The only problem I noticed with this wallet is that we can't trade your own token on it, that is, we don't have the option to trade its own token AWC in its own wallet, that's a shame. But for the rest, it's a very good option to be storing our coins and tokens !!