How to Use the Atomic Wallet: Guide and Review!

How to Use the Atomic Wallet: Guide and Review!

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Atomic Wallet was developed by a team with prior experience in creating a popular cryptocurrency exchange. This means the wallet incorporates a number of advantages. The wallet is non-custodial. The lightweight client is downloaded to your device, which then stores the encrypted keys on its internal storage.

Link to the Atomic Wallet website

Atomic Wallet has already attracted approximately 3 million users. It supports 300 tokens, fiat purchases, token swaps, and staking. In this article, we will review how to use this popular wallet, user feedback, as well as its advantages and disadvantages.

Atomic Wallet — Overview and Installation

The wallet was created in Estonia and the project has been developing confidently for over 5 years. The wallet is anonymous and does not require registration. The project adheres to decentralization principles, and the wallet keys are provided to the owner. The user is responsible for storing the data and the security of their coins.

Next, proceed to download the wallet. You need to visit the official project website 👉 atomicwallet.io. Before downloading the program, keep in mind that:

On the main page of the project, click “Download”.

The developers offer a wallet that can run on a wide range of platforms. Let’s look at the options on the downloads page:

Let’s continue using the Windows version as an example.

Download the file to your device’s hard drive and start the installation. Then launch the installed application.

Creating a New Wallet in Atomic Wallet

After launching, the application will offer two options:

Select the first option and set a new password. It should be strong, so include uppercase Latin letters and symbols. Confirm the password and click “Set password”.

Next, the wallet will display a seed phrase consisting of 12 words. The phrase is available only to the wallet user, so you should write it down by hand on a piece of paper and keep it in a safe place. If you forget your password, this phrase will be the only way to restore access to your wallet. Repeat the following steps:

The checkbox at the very bottom of the window allows you to share information with the developers to help improve the wallet.

The wallet has been created successfully, and the application is ready to use. Next, let’s look at the application interface and main controls.

Atomic Wallet — Interface Features

The situation with language support has not changed. Even the latest version supports only one language — English. However, the application is intuitive to use, so it is enough to learn the functions of the main buttons:

The settings are minimal, so the application is ready to use right away. Let’s move on to swaps and transactions.

How to Top Up Atomic Wallet

The wallet offers only two ways to top up your balance:

You can buy tokens using a bank card as follows. On the main page, click “Buy crypto”.

In the new window, follow these steps:

Next, you will need to enter the code from the SMS message and confirm the transaction.

The second method is a transfer from a crypto wallet. On the main page, select the desired token.

Then click “Receive”.

Scan the QR code using your mobile wallet app to transfer funds. Alternatively, click on the wallet address or the “Copy” button to copy the address and send it to a friend or partner.

These are the main methods. However, it’s worth noting the developers’ efforts in adding quick purchase buttons:

  1. Click on the wallet logo to buy Bitcoin with fiat money.
  2. Click “+” — this icon allows you to transfer Ethereum from another crypto wallet and top up your balance with this coin.
  3. Go to settings and click the “Buy AWC” tab at the top of the screen. The built-in Binance DEX module allows you to exchange BNB for the native AWC token created by the wallet’s developers.

Atomic Wallet — How to Withdraw Funds

The application offers users only one method for withdrawing coins: you can transfer them only to another cryptocurrency wallet. To do this, select the desired coin on the main page.

Click “Send”.

Then follow a few simple steps:

The coins have been sent!

How to Use the Atomic Wallet Exchange

The integrated exchange in the app allows you to avoid using third-party services. This approach usually saves time and money. On the left side of the wallet’s main panel, click “Exchange”.

To swap one token for another, follow these steps:

Atomic Wallet — Fees

This compact wallet offers a limited number of features. Therefore, the number of actions that incur a fee is minimal. There are three types of fees users may encounter in the app:

Network fees are the same for any wallet. However, fees for buying or swapping are relatively high.

Atomic Wallet — Reviews, Advantages, and Disadvantages

Users consider the wallet simple and user-friendly. Based on real opinions, both positive and negative points can be highlighted. The wallet has the following advantages:

  • an absolutely free solution that allows you to store around 300 tokens and make transactions;
  • a simple and clear website, educational materials, and videos;
  • the solution is available on many platforms, with a mobile version;
  • balance changes are displayed as percentages, with statistics on the current coin price and daily price changes;
  • built-in exchange and the ability to buy crypto with bank cards;
  • staking and earning directly in the app;
  • live 24/7 support directly in the app;
  • an easy-to-use interface.

Negative points include the following factors:

  • the app is only available in English;
  • only a limited number of coins can be bought with fiat, and this feature is often unavailable;
  • it is not possible to withdraw funds to a bank account or card;
  • high fees for internal services;
  • user data may be compromised;
  • no support for hardware wallets;
  • technical bugs and glitches — this is considered a drawback, but it hardly affects users since issues are quickly resolved;
  • a small number of tokens available for conversion.
Link to the Atomic Wallet website

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