My Review; Atomic Wallet, A Necessity for Every Cryptocurrency User

in #atomicwallet6 years ago (edited)

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Introduction

I count myself so fortunate to have been among the handful of people who are selected to be the tester and early adopter of Atomic wallet app on different operating systems Windows, Linus, Mac to mention but few. So, with first hand evidence and information, I can categorically tell you that Atomic wallet is a must for every cryptocurrency enthusiasts, traders and investors by the virtue of the numerous advantages and wonderful features it possesses.

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.

The advent of cryptocurrency made it possible to transfer digital assets from one place to another without the need for any middle man or agency such as financial institutions across the globe. Cryptocurrency through the blockchain technology is arguably one of the greatest inventions in the 21st century.

Advantages of Cryptocurrency

Part of the major advantages of cryptocurrency above the traditional means of transaction is that transactions are carried out on the blockchain within a short period of time. As a matter of fact, transaction from the farthest two locations on earth can take few seconds compared to the conventional means of money transfer that takes longer time.
Another advantage is that cryptocurrency is more secured since transactions are stored on the blockchain, it is also very useful in carrying out transaction that involves large amount of money, and directly peer to peer without much regulations unlike the conventional means of transaction.
With all these numerous advantages provided by cryptocurrency over traditional currency, no wonder why the rate of adoption of cryptocurrency is increasing everyday.

The Current reality

The current reality is that the rate of adoption of cryptocurrency is increasing at a very alarming rate, virtually everybody wants to be part of this digital revolution which is a positive reaction and a plus to the early adopters and crypto enthusiasts, but the major challenge of many users are having is how to exchange their cryptocurrency for another Cryptocurrency and to fiat currency without any loss or stress.
There are many Cryptocurrency exchange platforms but many of the existing ones are rather too complicated or not user friendly. So there is currently need for an exchange platform that is simple, straight forward and easily accessible and that will have multiple and cross chain functions.

Welcome the Atomic Wallet!

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Atomic Wallet being a decentralized cross-blockchain wallet stores and exchanges digital assets in a more secured, efficient and transparent way and has 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.

Seamless Fiat to Crypto Transaction

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direct screen shot from my computer

Atomic wallet is so designed in the sense that it makes adoption of Cryptocurrency so easy. One can easily purchase Cryptocurrency using fiat currency by the use of an interface on the atomic wallet that provide space for direct buying from your bank through interswitch using card. I was so happy and relaxed when I saw this function on the 0.1.33 Version of the atomic wallet, I tried it and it is a very secure, simple and straight forward way to buy Cryptocurrency through the bank.

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Various Asset availability

The current available version of the atomic wallet which is 0.1.34 Version came with lots of improvements and addition of many more Cryptocurrencies. The work of improvement is still ongoing. In fact, I was amazed to see Presearch Coin (PRE) and many other coins that are not yet popular but with very promising future.
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Currently, Atomic Wallet is in support of more than 300 Coins and tokens which makes it very easy and convinent for anybody to use. It makes exchange experience a nice one for every user which is the best way to get many people to adopt Cryptocurrency usage. I am so about the release of atomic wallet because it has everything needed in an exchange.

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Inbuilt direct exchanges

Atomic wallet is a very well designed cryptowallet that gives better transaction experience to user and good management of cryptocurrencies and fiat currency. Through atomic swap technology which is integrated into the wallet and peer to peer exchanges, Atomic wallet becomes a wallet that any Cryptocurrency investor or crypto enthusiasts cannot afford to do without.
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There are also direct exchanges that have been built into Atomic wallet in case some users cannot find their choice coin peer in the wallet. Shapeshift and Changelly which are known for outstanding performance in the area of direct exchange are built into the Atomic wallet.

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My experience

There was a time that I wanted to exchange a particular Cryptocurrency asset to another Cryptocurrency, the process took a very long time as I had to convert from one Cryptocurrency to another up to the third coin before I was able to trade the last digital asset to fiat currency. It was not a sweet experience. Also, I expended more money on conversion and transaction of cryptocurrencies from different blockchains which drastically reduced the inital value and worth of the asset I was trying to transact.
Since then, I have been on the outlook for an exchange platform that can do cross blockchain atomic swap with good user interface and Atomic wallet answers my quest and put an end to my long time search. The whole lengthy, boring, and expensive process has been made easy by Atomic wallet through cross chain atomic swap.

Cross-Chain Atomic swap

Another feature of Atomic wallet is that it makes use of decentralized Atomic Swap in carrying out transactions with cross-chain orientation which makes the users avoid the risk of third party engagements.
Through the feature of atomic swaps, users are able to exchange any cryptocurrency from any blockchain to another cryptocurrency from other blockchain in a twinkle of an eye.
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Users are able to change any asset of their choice that are listed on the atomic wallet for another listed asset without going through the rigour of the conventional inter-chain transaction which is cost demanding and only get charged for asset transfer for atomic swap.

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Good Security

It is no longer a news that hackers are out for Cryptocurrency exchange platforms in thier bid to get rich quick through the sweat of others. So to avoid this tragic situation, Atomic wallet has put good security measure to secure user's assets as one of the outstanding features of Atomic wallet is security.
It is good to know that atomic wallet does not store any user's information, be it secret key or public keys. This ultimately gives rest of mind to users as their assets cannot be withdrawn behind them or without their consent. Client's encrypted pins will never leave their devices. Only clients have the control over their funds. Users are in custody of their assets and access to them. It is noteworthy that without a well secured wallet exchange, the life savings of users can be carted away in just a day. Atomic wallet has a very strong encryption and custody-free solution that guarantees the safety of all the users.

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Conclusion

With every sense of sincerity, I strongly recommend Atomic wallet to every cryptocurrency enthusiasts, traders and investors. It has a very good interface which is so beautiful and user friendly.To get the first hand experience and evidence of what I have been advocating, you can easily download the wallet Here . Available are different Operating Systems not limited to Windows, Linus, Mac, Ubuntu and the mobile application is about to be launched. The Atomic wallet Coin is a great coin that is worthy of investment.

For More information;

Website

Whitepaper

Bitcointalk ANN

GitHub

Twitter
Telegram
Download Atomic wallet here

Author: Peter Ajala
Bitcointalk username: Petox34
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2338476;sa=summary

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Atomic wallet is the next exchange platform

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Nice review. Atomic wallet is a good deal