A few weeks ago, we could witness the massive pump of Atomic Wallet Coin. Yesterday also Trust Wallet Token made a first massive move. In this post, I am going to compare these two tokens that I consider to be the most popular Wallet Coins.
Both wallets are multi-coin wallets supporting all of the main blockchains. They work with any ERC20 and BEP2 token. You can use them to withdraw the ERC20 tokens that you have earned on Publish0x.
Atomic Wallet Coin is the older token of both, issued in January 2019. Trust Wallet Token is a very young token that was issued in April 2020.
Is it possible that both Wallet Tokens are similar in their development and that TWT will moon-rocket in the future like AWC a few weeks ago?
The main differences between Atomic Wallet Coin (AWC) and Trust Wallet Token (TWT) are their use-cases. The AWC and TWT use-cases are giving several different benefits to their users but these benefits are sightly different.
Membership And Cashback
The Atomic Wallet Membership program is based on AWC. All customers holding AWC-BEP2 receive rewards for using a built-in exchange service. The amount of cashback depends on membership status. The minimum requirement is currently 300 AWC. The cashback rewards will be distributed on a monthly basis and shown automatically on your AWC balance.
Trust Wallet is planning a membership and cashback program but it is not active yet. TWT holders will benefit from discounts on DEX services and purchasing crypto within the app.
The cashback will also work on Trust Wallet`s Collectible Marketplace. This means that anyone who is interested in trading, selling, or buying digital collectibles can also utilize the token.
Airdrop And Invite Friends
AWC was also used for bounties and airdrops for new sign-ups and invited friends. While you can still receive a 5 AWC bonus for the first time using the exchange, the airdrop for inviting friends is currently suspended due to massive abusing. Atomic Wallet is planning to reopen the program once the verification system for legit users is improved.
TWT is also used for bounties and airdrops for new sign-ups and invited friends. The good news is that this one is also active right now! Simply go to settings and tap on the “Invite a Friend” button to join.
When a new user downloads Trust Wallet with your referral code and purchases at least $50 worth of crypto in the app, both will receive 125 TWT to their wallets.
This means that when you use my referral link to sign up for Trust Wallet and you buy at least $50 worth of crypto, you and I, we both will receive 125 TWT. These are the win-win situations I like the most.
My referral link will lead you to this page, where you have to provide your phone number to receive a one-time password to download the Trust Wallet App.
The most popular and the most important use-case of AWC is probably staking. Such a staking feature is not existing and not planned for TWT.
You can stake your BEP2-AWC tokens directly in Atomic Wallet and earn up to in amazing 23% in staking rewards. The current minimum amount for staking is 10 AWC. Your yearly profit depends on the amount of AWC that you are staking.
10 - 999 AWC = 17% yearly
1000 - 10,000 AWC = 20% yearly
Over 10,000 AWC = 23% yearly
As I already mentioned, there aren`t any plans for TWT to make it stakable like AWC.
It is planned that TWT works as a governance token for coin listing and features. Once this governance component is activated, TWT can be used by anyone who wants to take part in making decisions for adding new blockchain support, tokens, and product features.
Furthermore, it is planned that TWT will also be used for DApp reviews and promotions. The goal is to incentivize developers to work on DApps that contribute to further adoption of Web 3.0 on mobile devices.
So far, there are no plans for an AWC governance feature.
Buy And Sell
It is not possible to buy AWC by using Atomic Wallet`s implemented exchange. Instead, you have the possibility to buy AWC with Binance Coin (BNB) when you go to the settings tab in your Atomic Wallet. This is probably the easiest way to purchase AWC and it works on the desktop version as well as on the mobile version. This service will place an order directly on Binance DEX with the market price.
And how can you acquire some TWT? Well, it is not possible to buy and sell TWT by using Trust Wallet`s implemented exchange. The funny part is, that it is possible to buy and sell AWC by using Trust Wallet`s implemented exchange. Trust Wallet`s implemented exchange is probably Trust Wallet`s best feature because you are actually trading directly on Binance DEX!
HotBit is the current most active market trading TWT. There aren`t many more exchanges yet and Trust Wallet has no plans yet to list the tokens on exchanges by themselves. This may eventually change in the future, depending on the governance system that will be set up.
I believe that AWC still has some potential to unlock in the upcoming months. Also, TWT`s potential is huge. At the moment TWT is still undervalued because there are no benefits for HODLers right now. As soon as TWT is giving the planned benefits to its holders it will also increase in price.
In the CoinGEcko price comparison widget, you can see the blue line at the bottom of the chart. If TWT unlocks its potential by introducing the new use-cases then its potential is definitely huge, even if there is no TWT staking feature coming. Remember, that when AWC started one and a half years ago, one AWC was worth three cents. Today the new Trust Wallet Token is worth three cents.
With this in mind, do you also see the potential for huge TWT pumps within the next months?
I hope that I could provide you with some valuable information about the similarities and differences of Atomic Wallet Coin and Trust Wallet Token.
Remember that you can use my referral link to sign up for Trust Wallet. When you buy at least $50 worth of crypto after signing up by using my invitation link, you and I, we both will receive 125 TWT, that`s a win-win. You can choose from a brought variety of different cryptocurrencies to buy.
Who knows, maybe the 125 TWT that you will get for free will turn into $125 after a nice pump? Just HODL it!
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