Review on Atomic Swap Wallet by Othere Obtentus
Over 500 supported coins and tokens
Atomic wallet is a decentralized cryptocurrency wallet with over 500 coins and tokens support. It is also an exchange app which has its own decentralized exchange called Atomic swap. It is available on multiple operating systems and it allows its users to buy cryptocurrencies through their bank cards without involving centralized exchanges.
Atomic wallet is good for beginners who are new to cryptocurrencies as it is free and they can easily understand and explore the wallet with its simple interface and buy or exchange coins within the wallet with the integrated Atomic swap exchange. There are other exchange integrations for extra coverage.
It is one of the best wallets available with its minimal costs and maximum currency support. Users can directly purchase cryptocurrencies with their bank card. It is a decentralized wallet, so your funds will be stored on the blockchain and keys on your device with a 12 word recovery phrase provided incase the device is damaged or lost.
Pros
- Over 500 coins and tokens supported
- Within app currency exchange through Atomic swap
- Available for almost all operating systems
- Simple and easy to use
- Private keys are stored locally on the device
Cons
- No hardware wallet integration
- Users are solely responsible for the security of the wallets
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Comments (1)
August 04, 2020
Atomic is not an Exchange app per se. They use a third party Exchange partner "Change now" in their wallet. So Change Now handles all exchanges for Atomic wallet.
Atomic is decentralized because there is no need for kyc and staking rewards are paid directly from validators to delegators.
