Atomic Wallet - Buy, Stake and Exchange in One Crypto Wallet
Atomic Wallet- Safely store your crypto assets or stake them
Every one of us is aware of the destructions caused by cyber criminals and this is the reason why a lot of us take special heed to secure our digital world from them. When it comes to trading with crypto assets, it mostly is done online and we cannot deny the fact that the online world is highly prone to cybercrime. Hence, to help you trade crypto assets with complete peace of mind, crypto developers and others thought of developing a safe storage space for safely dumping those assets. Hence, today, I am going to introduce you to one such crypto wallet viz. Atomic Wallet.
Well, this wallet is pretty similar to having a physical wallet in which we keep our money the only difference being that the Atomic wallet is not available for offline usage. However, there are some additional perks and advantages of using this wallet that you might like a lot.
Hence, in today's post, I am going to help you take a walk through all the details that you must know if you wish to get started with using this wallet.
What is an Atomic wallet?
Well, it would not be wrong to say that it is a decentralized crypto wallet that can also be used as an exchange allowing you to store and work with around 500 crypto coins and tokens. The main reason why traders love to use this wallet is because of the "Atomic Swap" feature available in it. Founded in the year 2017, this wallet works on a wide variety of operating systems including Windows, MacOS, Ubuntu, Fedora, and Debian. Apart from that, the wallet also works as a mobile-friendly application that can be installed on iOS and Android devices without much difficulty.
Unlike other crypto wallets, this wallet lets crypto traders link their bank cards to make crypto purchases even without having to use a centralized exchange for the same. However, we rest the decision-making in your hands which should be done only after going through the reviews and analyzing users' feedback.
Why should you opt for an Atomic wallet?
While carrying out research on this wallet, we came to know the following about it. So, according to us, the following could be the reason why people are impelled towards its usage:
The high point of this wallet is definitely its support for around 500 crypto coins and tokens
Not just that, all your crypto private keys are encrypted
These keys are not stored anywhere else but on your device
Suitable to be used by beginners as well as professional crypto traders
When it comes to its compatibility, it is highly compatible with a lot of devices such as MacOS, Windows, iOS, Fedora, etc.
And last but not the least, the in-wallet crypto purchase option is something to look forward to
Are you too fascinated by these features? If yes, what are you waiting for? Let's take a glimpse at the procedure to get this installed and then we'll shed some light on its setup process.
Getting the Atomic wallet installed on a PC or Mobile
Before you can start using this wallet, it is important that you complete its installation and setup beforehand. If you want, you can refer to the given steps to get the wallet installed on a supported device:
Open up a browser on your device and go to https://atomicwallet.io/
Find the "Download" button and select it
Make a choice for one of the operating systems-
Windows
MacOS
Ubuntu
Debian
Fedora
Mobile users can select among- Get it on Google Play/ Download on the App Store/ Download APK 7.0+ Android
Based on the selected option, the installation would begin instantly
Followed by this, you can initiate the process to set up your Atomic wallet right away
Outline to set up an Atomic wallet on a PC
Whether you have installed the wallet on your PC or your mobile device, the setup process for the wallet is pretty similar. All you need to do for this is follow the steps given below to understand the same:
Begin the procedure by double-clicking the file icon on your desktop
Followed by this, you need to make a selection for the "Create wallet" option
When prompted, type a new Atomic wallet login password
And repeat the same step to confirm this password
Choose the "Set password" option and let the wallet load
Now, the 12-words seed phrase would be generated
Please note it down safely and select "Open wallet"
Now, you can choose whether you wish to "enable Atomic Wallet to collect logs"
With this, the steps to create and set up the Atomic wallet on a PC come to an end. Meanwhile, if you are planning to use Atomic wallet on a mobile device, then you can refer to the steps outlined in the following section.
Setting up an Atomic wallet on a mobile device
If you wish to use this crypto wallet on the go, then you can use it on your mobile device by installing its mobile-friendly application on your device. Once you have installed the mobile app, you can apply the steps explained below to set up your wallet without further ado:
Find the app icon and tap on it to open it
After this, select the option referred to as "Create wallet"
Now, it's time to set an original password and repeat it in the given spaces
After the password confirmation, you need to let the wallet load
The secret phrase would then be generated which has to be noted down
When you are done with that, your wallet would be ready to use
How do I restore my Atomic wallet with SRP?
Have you forgotten the password that you used during the wallet setup. If that is the case, you do not have to get worried about it because you can always use your secret recovery phrase to restore your wallet. For wallet recovery, here are the steps that must be followed:
Open the wallet app or the desktop file of the Atomic wallet
After this, you can select the "Restore from backup" option
Now, you'll see a space to type your Secret Recovery Phrase
Upon entering the correct SRP, you will be asked to set a new password
Select the "SET PASSWORD" option
Follow the prompts and you're all set...
Summing it up
I hope this write-up was helpful to you in letting you explore all the aspects of using Atomic wallet as a beginner. If you have just entered the crypto marketplace and got to know about this wallet recently, then you should definitely give this wallet a try. It not only is a safe crypto wallet but also lets you enjoy a wide range of crypto trading activities such as staking of crypto assets.
Yes, that's true... With this wallet by your side, you can easily stake your Ethereum with 5% APY. If you don't believe me about the same, please do check out the details given on its official website i.e. https://atomicwallet.io/.