Review on Atomic Swap Wallet by Danh Huỳnh Ngọc Công
Atomic wallet - a groundbreaking product
Atomic wallet is an innovative wallet because it integrates the groundbreaking technology - atomic swap. This is very good when it functions the users and moreover, it functions the whole blockchain industry. Right now, it is on the early days on development so hopefully there will be many interesting things implemented
Updated 5 years ago
Rating has not been changed
Positive point: Atomic Swap Wallet issues a token on Ethereum blockchain which gives a lot of benefits to the holders. For example, holders can do staking, receive dedicated support, get discounted on trading fee, etc.
Pros
- - Creating an a wallet with ASW is super easy and can be done with in a few minutes
- - There are over 300 available coins/tokens on this exchange so there is a high chance that users will find out their favorite cryptocurrency
- - Being a wallet integrated with an atomic swap exchange, ASW focuses or letting the users do cross-chain swap right on their product so there is no need to find a middleman like the exchanges.
- - There is no need to set up an account and do KYC; therefore, there is no worry that users' information will be exposed to other people
- - Not similar to swap exchanges like Changelly or Shapeshift, atomic swap is decentralized and everything will be done thanks to the network of the blockchains
- - It is easy to manage the holdings of assets and get the transaction history because the layout is well-arranged
- - By using credit cards such as Visa or Master Card, ASW users can buy cryptocurrency with fiat right on the exchange
- - ASW is backed by a large community, many strategic partners and a lot of venture capitals so it will grow sustainably in the near future
- - It encourages the users by holding the long term airdrop with simple tasks
- - It design is very nice and professional. Everything is beautiful and very well-looking
Cons
- - When using fiat to buy cryptocurrencies, it is a must to verify the identities so it will be fit with AML law
- - Storing, sending, receiving assets, and exchanging them are the only functions of the wallet; however, to be competitive in this blooming market, ASW must feature more functions on their product so they can become the winners
- - There are a lot of big competitors that have already had great products, like Trust wallet from Binance or Bread wallet
