Atomic Wallet: A light wallet solution for crypto assets
The advent of the cryptocurrency has made it possible to transact digital assets from one part of the world to the other without any barrier. As a matter of fact, cryptocurrency through the blockchain technology has been one of the greatest inventions in the 21st century. Transactions are carried out within a short time with the help of digital currency. Little wonder why the rate of adoption of this digital means of transaction is increasingly alarming by the day. The security of the blockchain is another pull factor as transactions are permanently stored on the blockchain which gives room for transparency.
The Challenge
As the rate of adoption of cryptocurrency is increasing, the major challenge of many users is how to exchange their cryptocurrency for another and how to change them to fiat currency. With this challenge, there is need for exchange platform that is simple, straight forward and easily accessible that will serve multiple purposes functions for the increasing population of cryptocurrency users who are not much conversant with exchange procedures.
Here comes the Atomic Wallet!
Atomic Wallet is a decentralized cross-blockchain wallet that stores and exchanges digital assets in a more secured, efficient and transparent way with the ability to make cross chain atomic swap.
Atomic wallet is very important when transacting between two different and separate blockchains as it saves time, energy, resources and eliminates the need for a middleman during trading and transactions of cryptocurrencies.
Atomic wallet is a well designed cryptowallet which gives better transaction experience and management of cryptocurrencies through atomic swap technology and also using integrated exchanges into the wallet i.e Shapeshift and Changelly. Atomic wallet has a very organized user interface in so that crypto assets are displayed in graphical charts.
A personal experience
I was very glad when I got to know about Atomic wallet because I have actually expended more funds on conversion and transaction of cryptocurrencies from different blockchains. I remember when I wanted to change Utrum (OOT) from Komodo blockchain to Ethereum (ETH), I had to first convert OOT to Bitcoin Cash (BCH) then to Ethereum (ETH), I spent so much on commissions using two different exchanges in order to complete the process and actualize my aim. This whole lengthy process has now been made easy by Atomic wallet simply by making use of atomic swap. Wow! What a great relief!
Features of Atomic Wallet
Atomic swap
Atomic wallet makes use of decentralized Atomic Swap to carry out transactions and proceed with cross-chain exchange which makes the system to avoid the risk involved in third party engagements.
Through atomic swaps, users will be able to exchange any cryptocurrency from a particular blockchain with another cryptocurrency from another blockchain without the need of an exchange, or a third-party.
Cross-chain atomic swap takes place on the atomic wallet which means that users will be able to change any asset of their choice which is listed on the atomic wallet for another listed asset without an hassle and get charged for transferring the assets for atomic swap which is more secured than using escrows and decentralized exchanges.
Security
One of the outstanding features of Atomic wallet is security as part of the first things users consider before choosing a particular exchange is security. Without a well secured wallet exchange, all the life savings of users can be taken away in a day. Against this backdrop, atomic wallet has a strong encryption and custody-free solution that guarantees the all the users the highest level of security.
Users in control
Atomic wallet is so nice that it does not take the possession of user’s private keys. This gives rest of mind to clients as their assets cannot be withdrawn behind them or without their consent. The encrypted pin never leave client devices. Only users have the control over their funds. This bring about transparency which earn users trust.
Multi-currency support
Currently Atomic Wallet supports more than 300 coins and tokens which makes it easier and convinent for anyone to use. It brings exchange to the clients which is the most convenient way to handle all your crypto assets. I am just so happy about this atomic wallet because it has everything I need in an exchange.
Integrated Exchanges
Apart from the multi currency support ability of Atomic wallet, it also has integrated exchange which allows users to make use of in case the needed coin is not included in the supported currencies. The integrated exchanges are shape shift and changelly which are established exchange platform with integrity.
CONCLUSION
Conclusively, Atomic wallet is a Multi-asset Wallet with cross-chain Atomic Swap exchange and decentralized orderbook that supports so many crypto coins and tokens such as; BTC, ETH, DCR, LTC and 300+ ERC20 tokens., as well managing user’s crypto porfolio in a single smooth interface.
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