5 features that makes Atomic Wallet the best crypto wallet

5 features that makes Atomic Wallet the best crypto wallet


                       What is Atomic Wallet?

Atomic Wallet is a decentralized cross-platform software wallet that supports over 500 tokens. It offers a wide range of features to accommodate both beginners and advanced users, making it simple and convenient to manage crypto assets in a secure and transparent manner. With the ability to store, buy and instantly exchange crypto assets, it is truly a do-it-all wallet. But that's not all you can do with this sleekly designed software wallet. Let's look at 5 features that makes Atomic Wallet a highly rated wallet.      571066a9db009d9f9039f96310ab9c0d9fd3d6c1eb11f5fbddd032ffab9dbafd.png

To Download Atomic Wallet for desktop(Windows/MacOS/Linux) or mobile(Android/iOS) click here.

 1. Security

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The most important feature of any digital wallet, especially a software wallet, is it's security. So it is paramount to choose a wallet with a high level of security. How does Atomic Wallet's security compare to other wallets? Most wallets require that you verify your identity through the frowned upon Know Your Customer process. Atomic Wallet supports anonymity. None of your data is stored and you're not required to submit personal information. The wallet is non-custodial, meaning you have full control of your funds. All of your data is fully encrypted, protected by AES and TLS encryption. According to Atomic Wallet's roadmap, hardware wallet(Trezor and Ledger) integration is on the horizon.

How to create a new wallet: 

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Step 1. Once Atomic Wallet is installed, open the app and tap New Wallet to begin.
Step 2. The first layer of security is a user-created password. This password is required to login, confirm transactions and view private keys. Set a strong multi-character password, confirm and wait for your wallet to load.
Step 3. Once your wallet is loaded, it will display your backup phrase. This second layer of security is a randomly generated 12-word phrase, your private keys. In the event that your device is lost or stolen, it can be used to restore your wallet. Copy the phrase and keep it in a safe place. That's it! you're ready to start using Atomic Wallet.

Atomic Wallet also allows you to sync your wallet on multiple devices by restoring your existing wallet using your backup phrase. Please note that some functions, such as membership program, is currently only available on the desktop version.

How to restore your wallet:

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Step 1. Open the app and tap restore
Step 2. Enter your 12-word backup phrase and tap restore
Step 3. 
Set a new password and confirm

** I'm using the mobile app for demonstration but the process is the same for desktop **

2. User Interface 

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Atomic Wallet's UI is user-friendly and easy enough for anyone to navigate. The interface is sleekly designed and flawlessly optimized for your device of choice. 

A look inside the app:

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1. Dashboard: At the bottom of the screen you can switch between tabs to show your wallet, view transaction history, instantly exchange crypto, buy crypto with a credit card and stake crypto. At the top left corner is the filters section and top right corner is the tools section.
2. Filters: Here you can customize how your wallet is displayed
3. Tools: Here you can:

  • Add token(Erc20 tokens)
  • Wallet connect to a web dapp by scanning QR code
  • Participate in Atomic Wallet's airdrop. Sign up with your email to receive 10 AWC and get an additional 5 AWC if you use a promo code. You may use my promo code: 18P0M4. To receive airdrop you must hold $10 worth of any any popular asset (from top200 CoinMarketCap) in the wallet
  • Change password
  • Enable fingerprint/ face ID instead of using your password to login
  • View your private keys
  • Change your local currency from a list of 32 fiat currencies, Bitcoin is also an option
  • Check for updates, search FAQs and chat with the support team 24/7 in support
  • View terms of service and privacy policy in about

3. Supported Coins

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Finding a software wallet that fits all your needs can be quite difficult, especially for a beginner. Most wallets only support major cryptocurrencies like BTC, ETH and LTC. Which means you may find yourself downloading multiple wallets and exchanges to be able to buy and store all of the cryptocurrency you like. And if you are someone that wants to diversify their portfolio and invest in different projects, it can be time consuming to manage all of your assets when you have to switch between different apps and websites all the time. One way to solve this is to store all of your assets in one place.

Atomic Wallet supports over 500 tokens and coins, including all ERC20 tokens. You can buy, exchange, send and receive crypto. The convenience of being able to manage all of your crypto assets in one place greatly reduces time and effort. 

How to buy crypto with a credit card:

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Step 1. Go to the Buy tab. Choose your fiat currency amount and the cryptocurrency you want to buy and tap Continue.
Step 2. Fill in your credit card info and complete the process. Your crypto will appear in your wallet once the transaction is complete.

4. Staking 

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Currently, Atomic Wallet offers staking for ATOM, XTZ, TRX, ALGO and other assets. Atomic Wallet plans to add 5-10 new staking assets, such as ICX and ADA, this year. You can also stake Atomic Wallet Coin(AWC), it's native coin. Staking AWC will yield up to a whopping 23% in rewards yearly. Here is the breakdown of the rewards:

10-999 AWC= 17%
1000-9999 AWC= 20%
Over 10000 AWC= 23%

Those are pretty good numbers and considering the price of AWC has spiked by over 100% the past month. 

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In Atomic, staking is decentralized. You are able to delegate your assets directly to a validator of your choice, stake any amount with no limits, unstake and switch validators anytime and receive rewards daily, all while paying no fees at all.

How to stake AWC:

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Step 1. Go to Staking tab and select AWC
Step 2. Tap Stake 
Step 3. Select your desired amount(minimum 10 AWC) and tap Stake
Step 4. Enter your password and tap Confirm
Step 5. AWC is successfully staked

**Staking procedure is different for some assets so follow instructions accordingly**

5. Membership Program

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Atomic Wallet's membership program is a cashback program for users holding a minimum of 1000 AWC-BEP2(AWC-BNB). These can be purchased directly in the wallet with BNB. Earn cashback each time you make a trade. How much cashback rewards you earn depends on your membership status and how often you trade. As shown above, users can also simultaneously stake any amount of the AWC they hold and earn even more rewards. For example, if you hold 1000 AWC you can earn 0.25% cashback on every trade and additionally earn up to 20% in rewards by staking them. Users receive rewards based on their membership status as illustrated below.

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How to join membership:

**Membership program is available on desktop only**

00f04d36110a532bee74f2a5c03c1bfc924c668a8a31c4252c71dd495a1977d9.png Step 1. Make sure you have enough BNB in your wallet. Go to Settings and click on Buy AWC tab. Buy at least 1000 AWC.

84b4268fe30e038720898d48bc4945cc7fdde065227ec66ba76ab7752b00f7a2.png Step 2. Go to Membership tab, pick your membership and click Join Membership. Your membership status will be updated accordingly.

Here's an example of how the cashback rewards works:

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Download Atomic Wallet using my referral link and we will both receive 5 AWC each. To get 10 more AWC, remember to register for the airdrop and use my promo code 18P0M4. That's 15 AWC as a bonus!

 

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Clebby
Clebby

An amateur blogger, an avid reader, an advocate for decentralization and a cryptocurrency enthusiast.


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