The Atomic Wallet is a decentralized cryptocurrency wallet and exchange app that supports over 500 coins and tokens. The wallet’s main feature is its decentralized exchange called Atomic Swap, which is what the wallet is named after. Founded in 2017 by Konstantin Gladych, the co-founder and CEO of Changelly, the Atomic Wallet has compatibility with multiple operating systems including Windows, MacOS, Android, and iOS. It allows users to use their bank card to purchase cryptocurrencies such as Bitcoin, Litecoin, and Ethereum without the use of a centralized exchange. This, coupled with its fast, secure transactions for a long list of coins and tokens, has made it popular within the crypto community.
By: Evan Jones | Dec 13, 2019 | Modified May 25, 2020
|Platforms supported:||Windows, MacOS, Linux, Android and iOS|
|Cryptos supported:||500+ including Bitcoin, NEO, Tron|
|Pin code protection:||Yes|
|Frequency of updates:||Medium|
The Atomic Wallet is good for beginners because it is free, and it allows them to purchase cryptocurrency directly through the wallet if they do not already own crypto assets. This is in contrast with cryptocurrency wallets such as Exodus, which requires you to buy crypto assets through a third-party exchange and send them to the wallet in order to begin exchanging crypto coins and tokens. In addition to this easy start-up for all users, the wallet allows you to exchange almost any coin and token due to its combination of the internal Atomic Swap exchange and the other exchanges that have been added as extra coverage.
The Atomic Wallet’s best features are its cost, coin and token support, security and the ability to purchase cryptocurrency directly within the wallet with your bank card. The wallet is free to use apart from the market value transaction costs required to make an exchange, meaning the wallet is accessible to all. It supports over 500 coins and tokens while also providing other exchanges apart from Atomic Swap in order to try and cover as many crypto assets as possible.
Being that the exchange is decentralized, all your assets are stored on the blockchain while all your private keys are encrypted and stored on your device with a 12-word recovery phrase as backup should your device be lost or stolen. Atomic Wallet supports a multitude of platforms ensuring almost anyone can access the wallet regardless of their OS choice, while also offering mobile support including fingerprint scanning for extra security. Being able to purchase cryptocurrency directly through the wallet with just a bank card allows even a crypto novice to begin exchanging crypto coins and tokens almost immediately after downloading it.
There are over 500 coins and tokens are supported on Atomic Wallet including:
For a full list of coins and tokens supported by Atomic Wallet visit: https://atomicwallet.io/cryptocurrency-prices
The first stage of Atomic Wallet’s security is the user-created password. This password is required for access to the wallet, along with confirmation of transactions and viewing private keys. Backing up the user-created password is a randomly generated 12-word backup phrase which can be used to recover access to the wallet if your device is lost or stolen.
All data stored on the users’ device or sent when making a transaction is fully encrypted. Atomic Wallet uses both AES and TLS encryption to ensure secure transactions. Data is not stored on servers and Atomic Wallet does not store or have access to your private keys, meaning your safety is in your own hands.
Atomic Wallet supports a wide variety of operating systems including the ubiquitous Windows and MacOS but also Linux. In fact, Atomic Wallet supports a number of Linux distributions including Ubuntu, Debian and Fedora. On the mobile side Atomic Wallet supports both Android and iOS.
As with all cryptocurrency wallets, if the user loses their access to their device and lose their recovery phrase, they are unable to access their assets and therefore lose them. This is a risk all users take when using a cryptocurrency wallet.
Yes, Bitcoin along with other assets such as Ethereum, and Litecoin, can be purchased directly through the Atomic Wallet using your bank card.
Yes, Atomic Wallet is available on Ubuntu along with Debian, Fedora, Windows, and MacOS, while also being available on Android and iOS for mobile use.
Yes, Atomic Swaps are the main feature of the Atomic Wallet. Atomic Swap is the decentralized exchange housed within the Atomic Wallet that allows users to exchange over 500 crypto coins and tokens at the click of a button.
Yes, Atomic Wallet is free to download. Users only pay transaction fees required to exchange crypto assets. You can download Atomic Wallet for free at: https://atomicwallet.io/
Atomic Wallet is owned by Konstantin Gladych, who is CEO. and is well-known as the co-founder and CEO of Changelly.
Yes, Atomic Wallet secures local data with an AES symmetric encryption algorithm and the data is transferred via BitTorrent protocol or by interacting with blockchains and is secured with TLS asymmetric encryption.
Yes, the user controls their own private keys, they are stored on the users’ device and not stored or known by Atomic Wallet.
No, because Two-Factor Authentication is centralized by Google, Atomic Wallet has issues with allowing its use and does not support it at this time.
Any amount of cryptocurrency, large or small, can be stored on Atomic Wallet.