Updated: 27 september 2022
6 minutes

Atomic wallet is a non-custodial decentralized crypto wallet. With it, you can store over 1,000 assets on a free yet cold database. The application offers integrated services so that you can purchase crypto by credit card or by staking. In this article, you’ll find all you need for Atomic.

Hot/ColdCold storage
Custodial / Non-custodialNon-custodial
SupportMobile and desktop application
Supported cryptosAround 500 assets (coins and tokens)
Built-in functionsPurchase, exchange, staking
PriceFree
CostsNo commission, but possible fees for partners
For U.S. users? Yes

Atomic Wallet—A Brief Overview

Learning About the Atomic Wallet

Atomic software stores cryptocurrencies. It has the nuance of being a software wallet, belonging to the category of offline-cold wallets while software wallets tend to be hot and used online. The non-custodial program of Atomic is downloaded onto a computer or mobile device you have.

It’s compatible with various assets like ERC20, BEP20 and TRX20 tokens. In addition to storing crypto, Atomic has a platform where you can buy crypto via a credit card. You can exchange crypto, start staking or benefit from cashback services through the wallet.


You’ll also find the wallet’s site in various languages and accessible to crypto enthusiasts. In this Atomic wallet review, we also cover the various ways to use and connect to Atomic.

Atomic History

Atomic wallet was founded in 2017. The company is based in Tallinn, Estonia, and has more than 60 employees led by key-crypto figures:

  • Konstantin Gladych, the CEO and co-founder of Changelly.com
  • Charlie Shrem, described as a “strategic advisor and visionary”, also a founding member of the non-profit, Bitcoin Foundation

Atomic crypto wallet now has more than 5 million users worldwide. On its website, the Atomic team defines its objective as follows: “We are building an all-in-one decentralized crypto solution for everyone, regardless of your level of knowledge of the world of cryptocurrency.”

Characteristics

Here, we take a closer look at the features of the Atomic wallet.

“Cold”

Likely the most useful feature about Atomic is that it remains offline. The term cold wallet, as opposed to a hot one, refers to wallets disconnected from the web. An offline-crypto wallet is more secure because your crypto is inaccessible to cyberattacks and other risks of the internet.

The thing is, Atomic is not a hardware wallet. The vast majority of cold wallets are hardware wallets. These are small devices that come in the form of a USB stick. Ledger and Trezor are among the best-known cold wallets.

The Atomic cold wallet is an exception, being that it’s a software wallet for crypto. Concretely, your passwords and key data are saved locally on a personal device, be it a computer or mobile device you own. As long as your device is offline, your wallet is offline and your funds are too. 

For maximum protection, the device should be kept offline as much as possible.

The Atomic crypto wallet is a good alternative for investors wanting a free crypto wallet. Indeed, Ledger and Trezor hardware cost between $70 to $80 USD.

Non-custodial

Another key facet of Atomic is its non-custodial engineering, which means you’re the only person with a private key for your wallet, ensuring that you have full ownership of your funds. 

Your private keys are never stored on Atomic wallet servers or any others.

For clarity, centralized wallets, which are on central exchanges, are the custodial type. These agents store and secure private keys for you, which has its advantages and disadvantages. On the one hand, you don’t have the risk of misplacing your private keys or losing your money.

On the other hand, by handing over your private keys, you lose control of your crypto. 

Many crypto users believe that if you don’t own your private keys, you don’t really own your crypto either. In summary, by using a non-custodial wallet like Atomic, you’re fully responsible for your private keys, and you retain full control over your assets.

Multipurpose

How Store Cryptocurrencies

Atomic isn’t limited to a single digital asset or even a single blockchain. This software wallet can manage over 1,000 coins. As of mid-November of 2024, Atomic crypto wallet was compatible with over 1,000 financial assets. Some of those coins and tokens include:

  • 45-crypto coins: Your options are cryptocurrencies with their own blockchain, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), BNB Coin (BNB), Avalanche (AVAX), and Algorand (ALGO)
  • 347-ERC20 tokens: These tokens operate on Ethereum and include Shiba Inu (SHIB), Uniswap (UNI), Chainlink (LINK) or ApeCoin (APE)
  • 57-BEP20 tokens: Binance Smart Chain tokens operate on BSC and include PancakeSwap (CAKE) , FTX Token (FTT) and THORChain (RUNE)

7-TRX20 tokens: The Tron Blockchain uses these tokens, which include BitTorrent-New and Just (JST)

Compatibility

You can find the Atomic crypto wallet available in these two formats: 

  • Atomic—Desktop Wallet: A desktop application that’s compatible with Windows, MacOS, Debian, Ubuntu and Fedora
  • Atomic—Mobile Wallet: This mobile version of the application is only available on Google Play

To date, Atomic has excellent user reviews. Its Google Play desktop application has a rating of 4.6/5 from more than 67,700 reviewers.

Hardware-free

Some software wallets, like Exodus or Guarda, give you the option of connecting Ledger and Trezor hardware to your Atomic cold wallet. This is not the case with Atomic. You cannot link your Ledger or Trezor hardware wallet to an Atomic one.

Atomic Wallet services

A Software Wallet for Cold Storage

Like any crypto wallet, Atomic wallet is where you receive, store and send crypto. In addition, the Atomic wallet hosts integrated services within its interface. You can find out which options are available directly from the wallet.

Buying crypto

Atomic uses a built-in menu for buying crypto and relies on third-party mediators such as Simplex. Simplex charges a fee, and you can find those amounts listed below. 

Purchasing crypto on the Atomic app is done by a Visa or Mastercard. You can pay in euros (EUR), pounds (GBP), the dollar (USD) or other fiat currencies. On a dime, Atomic gives you direct access to over 48 cryptocurrencies, including Bitcoin, Ethereum and Cosmos.

Exchanging denominations

Do you want to bet on another cryptocurrency or diversify your portfolio? It’s possible through the Atomic wallet. You can exchange crypto on the Atomic app faster and with less risk.

Staking

Do you want to grow your crypto? You can keep your assets in Atomic and stake into various blockchains. As stated on the Atomic website, you can “earn crypto while you sleep.”

To date, Atomic wallet supports staking for the following options:

Atomic Wallet Coin (AWC)Tron (TRX)Tezos (XTZ)VeChain (VET)
Cosmos (ATOM)Band Protocol (BAND)Algorand (ALGO)Near Protocol (NEAR)
Ziliqa (ZIL)ICON (ICX)Solana (SOL)Komodo (KMD)
Cardano (ADA)


Each of these are associated with a specific remuneration rate. Your annual return will vary between different platforms and asset classes. You can calculate your potential earnings using the calculator offered by Atomic when choosing the coin you want to stake in.

Earning cashback

This is not a service strictly speaking but rather an offer. Atomic has a cashback service that pays out earnings at a set percent back. Each time you purchase or exchange crypto, you get cash back. The cashback percentage depends on the value of Atomic’s native token.

Here are some examples:

  • 300 AWC: 0.5%
  • 600 AWC: 0.75%
  • 1000AWC: 1%

How Much Is the Atomic Wallet?

A Cold Wallet With Cashback Rewards

Atomic can be downloaded for free. However, you will later encounter two types of fees:

  • Network fees go to miners or network nodes—not Atomic. They are due the moment you buy or send crypto. The amount depends on the blockchain and the congestion of your transaction. With Atomic, you can customize your network fees. This affects the speed of your transactions, for the “highest paid” transactions get processed first.
  • Transaction fees charged when purchasing cryptocurrency. There are two parts:
  1. You pay 2% of the transaction price, with a cap of $10 per transaction.
  2. You pay the issuer of your bank card depending on the bank’s policy and up to 5%.

When you complete a transaction, you can view the estimated fees before confirming.

Opinion on Atomic Wallet

Atomic Wallet stands out as a comprehensive solution for managing and trading cryptocurrencies. Its intuitive interface, diverse range of cryptocurrencies, and integrated exchange function make it an appealing choice for both beginners and experienced users. Security is a priority, with full control over private keys. Additionally, the staking option and user-friendly interface contribute to its overall appeal. Staying updated on developments is crucial to making the most of this wallet. In summary, Atomic Wallet offers complete and secure management of digital assets all in one place.

Your Atomic wallet review FAQ

How many assets does Atomic support?

You can store over 1,000 coins and tokens from over 20 different blockchains.

Does Atomic make bank deposits?

No, you’ll need to transfer tokens to an exchange that allows bank transfers.

Does Atomic support NFTs?

Yes, NFTs can be stored on the Atomic wallet app.

Does Atomic display NFTs?

Yes, you can view NFTs in JPG, JPEG, GIF, PNG or WEBP formats.

About the author

Joseph Minor

In seeing a digital world explode, Joseph invested his writing in the field of technology over 8 years ago. As a leading-content creator, he believes in clarity, credibility and writing topics people want to read. From blockchain to Web3.0, Joseph sees no shortage of developments as crypto pushes forward. He’s become a voice in technology that people can trust and look forward to hearing more from.