How to use the Atomic Wallet crypto wallet: instructions and overview!
Atomic Wallet - Cryptocurrency Wallet
Wallet Token
NoneRussian Language
AvailableSupported Platforms
Windows, MacOS, Linux, Android, iOSKey Features
Multicurrency|Staking System|Cryptocurrency Purchase|NFTAtomic Wallet is developed by a team with experience in creating a popular cryptocurrency exchange. This implies that the wallet incorporates several advantages. The wallet is non-custodial, and a lightweight client is loaded onto the device, which subsequently stores encrypted keys on the internal drive.
Atomic Wallet has already attracted approximately 3 million users. It supports 300 tokens, allows fiat purchases, token exchange, and staking. In this article, we will review the usage of this popular wallet, its reviews, as well as its advantages and disadvantages.
Atomic Wallet Review and Installation
The wallet was created in Estonia and has been steadily developing for over 5 years. It is an anonymous wallet and does not require registration. The project adheres to the requirements of decentralization, and the wallet keys are provided to the owner, who is responsible for data storage and coin security.
Next, let's proceed with the wallet installation. You need to visit the official website of the project 👉 atomicwallet.io. Before downloading the program, please note:
- The specific nature of the wallet requires having antivirus software on the computer;
- Do not store the seed phrase as a screenshot or in an electronic document.
On the project's homepage, click "Download".
The creators offer a wallet that can work on a wide range of platforms. Let's take a look at the download page options:
- Download the desktop version.
- Download the version for mobile devices.
- Check the hash sum. Advanced users can verify the integrity of the downloaded file; the verification should confirm the absence of tampering with the application.
Let's continue with the example of the Windows version.
Download the file to the device's hard drive and start the installation. Then run the installed application.
Creating a New Wallet in Atomic Wallet
After launching the application, it will offer two options:
- Create a new wallet;
- Restore from a backup of an existing wallet.
Choose the first option and set a new password. It should be strong, so it's recommended to 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. This phrase is only available to the wallet user, so it's important to write it down manually on a piece of paper and keep it in a secure place. If you forget the password, this phrase will be the only way to regain access to the wallet. Repeat the following actions:
- Write down the 12 words on a separate piece of paper.
- The dialog box allows copying the words to save them in a notepad or forward them (copying is highly discouraged).
- Open the wallet.
A checkmark at the very bottom of the window allows sharing information with developers to improve the wallet's performance.
The wallet has been created successfully, and the application is ready to use. Next, let's explore the application interface and its main controls.
Atomic Wallet — Interface Features
The language support situation has not changed. Even in the current version, only one language is supported — English. However, the application is easy to navigate, so it's sufficient to understand the functionality of the main buttons:
- Add new tokens to the main screen and configure their display.
- Refresh the main page.
- Fiat currency in which the cryptocurrency balance will be displayed.
- Wallet — the program always starts from this page, as shown in the image below.
- Built-in exchange, allowing you to swap one coin for another.
- Buying cryptocurrency with fiat using a bank card.
- Transaction history.
- Staking and earning.
- Settings — this section allows you to change the password or display the seed phrase.
- Support — useful articles, videos, and a form to contact technical specialists.
- Exit the application.
The settings are minimal, so the application is ready for use right away. Let's move on to exchanges and transactions.
How to Deposit Funds to Atomic Wallet
The wallet offers only two methods for depositing funds:
- Purchasing with fiat;
- Transferring from another cryptocurrency wallet.
To purchase tokens using a bank card, do the following. On the main page, click "Buy crypto".
In the new window, take the following actions:
- Select the fiat currency supported by your bank card. On the left, enter the amount you intend to spend on purchasing cryptocurrency.
- Choose the type of cryptocurrency you want to buy.
- Review the commission and the time it takes for the funds to be credited to your cryptocurrency wallet.
- Click continue.
Next, enter the password from the SMS message and confirm the transaction.
The second method is transferring from a cryptocurrency wallet. On the main page, specify the desired token.
Then click "Receive".
Scan the QR code using a 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 efforts made by the developers, who included buttons for quick purchases:
- Click on the wallet logo to buy Bitcoin with fiat money.
- Click on "+" — this icon allows you to transfer Ethereum from another cryptocurrency wallet and replenish your balance with this coin.
- Go to settings and click on 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, which is created by the developers of this wallet.
Atomic Wallet — How to Withdraw Funds
The application offers users a single method for withdrawing coins. They can only be transferred to another cryptocurrency wallet. To do this, select the desired coin on the main page.
Click "Send".
Then follow a few simple steps:
- Enter the address to which you plan to transfer the coins. Verify the address for accuracy.
- Enter the amount of coins you wish to send.
- Review the current network fee. The value updates approximately every 5 minutes.
- Confirm the transaction.
The coins have been sent!
How to Use the Atomic Wallet Exchange
The integrated exchange in the application allows you to avoid using external services. This approach usually saves time and resources. On the left side of the main wallet panel, click "Exchange".
To exchange one token for another, follow these steps:
- Select the desired token and enter the quantity you plan to send.
- Choose the token you want to receive in return and review the amount you will get.
- A special exchange rate is applied when performing the swap, which includes a small exchange commission.
- The network fee is deducted from the final amount.
- If the conditions suit you, confirm the action.
Atomic Wallet — Fees
The compact wallet offers a limited number of possibilities. Therefore, the number of actions subject to fees is small. The following are the three types of fees that users may encounter in the application:
- When purchasing cryptocurrency with fiat — 5%, minimum $10 per transaction;
- Swap — the exchange commission is already included in the rate and is approximately 5%. Different pairs may have different values;
- Network fee — transferring via the blockchain incurs a network fee.
Network fees are the same for any wallet. However, fees for purchasing or swapping are relatively high.
Atomic Wallet — Reviews, Advantages, and Disadvantages
Users consider the wallet to be simple and straightforward. Based on real opinions, the following positive and negative aspects can be highlighted. The wallet has the following advantages:
- Completely free solution, allowing storage of approximately 300 tokens and performing transactions;
- Simple and user-friendly website, with educational materials and videos;
- Available on many platforms, including a mobile version;
- Balance changes are displayed in percentages, with statistics on the current coin value and its daily price change;
- Built-in exchange and cryptocurrency purchase using bank cards;
- Staking and earnings directly in the application;
- Live round-the-clock support directly in the app;
- Easy-to-understand interface.
The negative aspects include the following factors:
- The app only works in English;
- A limited number of coins can be purchased 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 disadvantage, but it rarely affects users since the issues are quickly resolved;
- A limited number of tokens that can be converted.