Atomic Wallet
Pros of Atomic Wallet
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Multi-asset support: Manages over 1,000 cryptocurrencies and tokens, including Bitcoin, Ethereum, Solana, and others.
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Self-custodial: Private keys are stored locally; users maintain full control of their funds.
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Built-in swap service: Integrated atomic swaps and exchange features allow in-app trading without needing external platforms.
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Staking for multiple assets: Supports staking for coins like ADA, ATOM, XTZ, and more, with rewards managed inside the app.
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Cross-platform availability: Available on Windows, macOS, Linux, iOS, and Android.
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Simple user interface: Beginner-friendly layout with helpful onboarding.
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Affiliate program: Users can earn rewards by referring others.
вCons of Atomic Wallet
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Closed-source: Core code is not fully open-source, which may raise transparency and trust concerns.
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No built-in dApp browser: Lacks native access to DeFi protocols or Web3 applications.
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Security incidents: Faced a major wallet breach in 2023 affecting user funds, which damaged its reputation.
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No fiat off-ramp: Users cannot directly withdraw funds to bank accounts; requires third-party exchanges.
Conclusion:
Atomic Wallet is a feature-rich, self-custodial wallet that combines broad crypto support with staking and in-app swaps. While convenient and beginner-friendly, it may not satisfy users who prioritize open-source transparency or deep DeFi integration.
Name | Value |
---|---|
Wallet Name and Brand | Renowned for atomic swap tech; versatile multi-asset wallet |
Type of Crypto Wallet | Available on mobile & desktop; non-custodial multi-asset wallet |
Supported Crypto Assets | Supports 500+ coins and tokens; very broad selection |
Stablecoin Support | Yes—stablecoins available among the many assets supported |
Deposit Methods | Crypto transfers; fiat on-ramps via partnered services |
Deposit Limits | No inherent limits; governed by blockchain and third-party providers |
Transaction Limits | No internal transaction limits beyond network fees |
Crypto-to-Fiat Conversion Method | Swap available; no direct fiat withdrawal within wallet |
Size of Conversion Fee | ~1–2% spread on atomic swaps |
Transaction Fees Within the Network | Only network fees; no extra charges |
Fixed Fees | No fixed fees |
Built-in Exchange Features | Not applicable (primarily storage/payment) |
Multi-currency Balance Support | Yes – broad multi-asset display |
Web3 Service Integration | Basic dApp browser integration |
Staking or Lending Features | Supports staking for several coins |
Referral Program | Referral programs offered occasionally |
Obligatory KYC Requirements | No KYC required for basic wallet use |
Verification Levels and Their Details | N/A for wallet use |
KYC Processing Speed | N/A for wallet use |
Minimum Verification Threshold for Basic Usage | None |
Security Measures | PIN, biometric protection, AES encryption, regular security updates |
Key Storage Model | Non‑custodial – keys stored locally |
Backup Features | Provides seed phrase; instructs secure backup |
Platform Transparency | Transparent operational and fee information |
Asset Insurance Availability | No insurance available |
Multi-signature Support | Not available |
User Interface and Usability | User-friendly with clear menus; geared for security-conscious users |
Availability of Mobile App | Yes – available on iOS and Android |
Compatibility with Mobile Operating Systems | Fully compatible with latest mobile OS |
Compatibility with Desktop Operating Systems | No dedicated desktop app; rely on mobile and WalletConnect |
Web Interface | Yes – web dashboard exists for portfolio overview |
Support for Additional Platforms and Devices | Available on mobile; can integrate with hardware wallets |
Transaction Speed | Fast processing; relies on network dynamics |
Cross-chain Exchange Support | Supports cross-chain swaps using integrated bridging protocols |
Transparency of Fees and Terms | Clearly communicates fees via UI |
Update Frequency | Maintained actively with periodic updates |
Company History and Brand Reputation | Atomic Wallet is respected for its atomic swap tech and broad asset support |
User Reviews and Independent Ratings | Generally positive (4+ stars); praised for atomic swaps and user interface |
Customer Support Quality | Offers clear documentation and support channels; response times vary |
Geographic Availability | Available globally; user-friendly across regions |
Compliance with European Regulations and Standards | Non‑custodial; compliant through minimal data collection policies |
Availability for EU Residents | Fully available; optimized for European user needs |
Integration with Exchange Services and Liquidity Aggregators | Uses atomic swap technology with integrated liquidity bridges |
Support for Decentralized Applications (dApps) | No native dApp browser; relies on external connections |
Portfolio Management Tools | Advanced portfolio analytics are available |
Customization Options for Settings and Filters | Customizable settings for notifications, gas fees, token display, themes |