ADVERTISEMENT
Join 30,000 other smart people like you
Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else.
Point AI
Powered by AI and perfected by seasoned editors. Every story blends AI speed with human judgment.
IN PARTNERSHIP WITH
Fredrick Eghosa
Share this story
Published:
Psst… you’re reading Techpoint Digest
Every day, we handpick the biggest stories, skip the noise, and bring you a fun digest you can trust.
I’ve used my fair share of crypto wallets over the years — some great, some frustrating, and a few that left me questioning my life choices. So, when I came across Atomic Wallet, I was curious.
Could it really be the all-in-one, secure, and hassle-free wallet it claims to be? Would it stand up to real-world use? Or was it just another overhyped product in the crowded crypto space?
I decided to put it to the test.
I downloaded the app, tested its key features, and explored its built-in exchange to see if it could live up to the hype. And now, after spending enough time with it, I’m ready to share my uncut, no-nonsense review: the good, the bad, and the unexpected.
If you’re considering Atomic Wallet to manage your crypto, this review will give you everything you need to know before making a decision.
Let’s get in.
Atomic Wallet is a non-custodial crypto wallet designed for buying, staking, and swapping digital assets, all without relying on third parties. Supporting over 500 cryptocurrencies, it gives users full control over their private keys, ensuring a decentralized experience.
With over 10 million users worldwide, Atomic Wallet has built a reputation as a go-to option for those who want a secure and feature-rich crypto management tool. Atomic Wallet also includes a Web3 Wallet for interacting with decentralized apps (DApps) and an in-app DApps Store, making it not only a crypto wallet but a full-fledged crypto management platform.
Want to know if it’s the right wallet for you?
Join 30,000 other smart people like you
Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else.
Keep reading as I dive into my hands-on experience.
Beyond just buying and selling, you should be able to manage crypto securely, efficiently, and without unnecessary headaches. With so many wallets out there, each promising the best experience, I wanted to see if Atomic Wallet could truly deliver the all-in-one solution it claims to be or if it would fall short where it matters most.
I wasn’t just looking for another wallet; I wanted to see if Atomic Wallet could:
At first glance, Atomic Wallet stood out for a few reasons:
But does it actually deliver on these promises?
Let’s start with the basics.
Atomic Wallet markets itself as a simple yet powerful crypto wallet, so I expected an easy setup. Fortunately, that’s exactly what I got.
Setting up Atomic Wallet was refreshingly straightforward.
Here’s how it went:
The app is available on Windows, macOS, Linux, iOS, and Android, so no matter your device, you’re covered. Downloading was quick, and installation took just a few minutes.
No sign-up, no personal details, just open the app, and it generates your wallet. The most important step is your 12-word recovery phrase. This is your only way to restore your wallet if you lose access. Write it down and keep it safe.
The UI is clean and modern, with an intuitive layout that feels beginner-friendly. Whether on desktop or mobile, navigation was seamless; no clutter or confusion.
At this point, Atomic Wallet was off to a promising start. But does it hold up when it comes to features, security, and usability?
Let’s go deeper.
At its core, Atomic Wallet is a non-custodial, decentralized crypto wallet, meaning you — not a third party — have full control over your funds. Unlike centralized wallets or exchanges that hold your private keys, Atomic Wallet stores them locally on your device, encrypted for security. This ensures that only you have access to your crypto, making it a safer choice for those who prioritize security and self-custody.
But how exactly does it work?
Let me break it down.
When you create an Atomic Wallet, you receive a 12-word backup phrase. This phrase acts as the master key to your wallet. If you ever lose access to your device, you can restore your funds using this phrase. Since Atomic Wallet doesn’t store this information on its servers, losing your backup phrase means losing access to your wallet forever.
Additionally, your private keys are stored locally on your device and are never shared with Atomic Wallet or any third party. This non-custodial approach ensures that you remain in full control of your assets at all times.
A common misconception is that crypto wallets “hold” your assets. In reality, your funds never physically sit inside Atomic Wallet. Instead, they remain on the blockchain, and the wallet acts as a gateway, allowing you to manage your assets, check balances, view transaction history, and send or receive crypto.
Atomic Wallet connects directly to blockchain nodes, retrieving real-time data about your holdings and enabling you to initiate transactions seamlessly.
Beyond just storing crypto, Atomic Wallet includes built-in features for buying, exchanging, and staking assets.
One of the first things I look for in any crypto wallet is usability. A sleek UI is great, but if it’s cluttered or confusing, it’s a dealbreaker.
Atomic Wallet delivers a clean, modern, and beginner-friendly interface across both desktop and mobile. The navigation is straightforward, with clear sections for sending, receiving, swapping, and staking crypto. Even if you’re new to crypto, you won’t feel lost.
That said, some advanced features, like setting custom network fees, may require a learning curve, but overall, Atomic Wallet strikes a good balance between simplicity and functionality.
Here’s a breakdown of Atomic Wallet’s standout features.
One of the best ways to make crypto work for you is staking, and Atomic Wallet makes it simple. You can stake popular coins like ETH, ADA, BNB, SOL, TRX, NEAR, XTZ, HBAR, and more, earning a 5-20% Annual Percentage Rate (APR) in passive rewards. Since Atomic Wallet is non-custodial, staking rewards go directly to your wallet, with no intermediaries involved.
Tracking multiple crypto assets can be overwhelming, but Atomic Wallet simplifies it by providing a real-time portfolio tracker. With a clean dashboard, you can:
There’s no need for third-party portfolio apps, everything is built into Atomic Wallet.
If you like quick, anonymous swaps, Atomic Wallet has an instant exchange feature that supports more than 60 crypto pairs. No third-party exchange or NYC is required.
The best part is that you earn cashback on eligible swaps.
However, it’s worth noting that exchange rates and fees may be higher than what you’d find on centralized exchanges, so it’s best for convenience rather than the lowest rates. For quick, hassle-free trades, this feature is a solid addition.
Atomic Wallet lets you buy Bitcoin, Ethereum, SOL, XRP, ADA, DOT, USDT, BUSD, and more directly within the app. It supports multiple payment methods, including:
This makes it easy to purchase crypto without needing an external exchange, though fees may vary depending on the provider.
Managing multiple wallets for different coins is a hassle. With Atomic Wallet, you get support for over 500 cryptocurrencies, including Bitcoin, Ethereum, and a wide range of altcoins, all in one place. You don’t need to juggle multiple apps. Atomic Wallet covers all your crypto storage needs in a single interface.
Atomic Wallet is a non-custodial wallet, which means you (no one else) control your private keys. Here’s how security works:
In short, you’re in full control, but that means the responsibility of securing your recovery phrase falls on you.
Atomic Wallet works across multiple devices, ensuring smooth performance whether you’re on desktop or mobile:
After spending time testing Atomic Wallet, I found a lot to like, but also a few drawbacks that could be dealbreakers for some users.
Here’s what I think:
Whether you’re a beginner or a seasoned crypto investor, Atomic Wallet’s interface is intuitive and easy to navigate. Setting up the wallet, sending and receiving crypto, and exploring features like staking and swapping felt straightforward and hassle-free.
One of Atomic Wallet’s biggest strengths is its vast cryptocurrency support. This eliminates the need to manage multiple wallets for different assets.
Because Atomic Wallet is non-custodial, you—not a third party—hold your private keys. This provides greater security compared to wallets that store your keys on centralized servers.
Having staking and exchange functions directly inside the wallet is convenient. You can stake coins like ADA and SOL and earn passive rewards without needing a separate platform.
Unlike centralized exchanges that require identity verification, Atomic Wallet lets you swap cryptocurrencies anonymously. This is a major plus for users who value privacy and decentralization.
There’s no account registration, no email requirement, and no KYC for basic wallet features. You can store, send, and receive crypto without worrying about your identity being tied to the wallet. No one can freeze or block your funds.
I tested Atomic Wallet’s customer support, and I was pleasantly surprised. Responses via live chat and email were quick and helpful—not something you always get with crypto wallets.
The desktop app offers smooth performance and responsive design. The mobile app, on the other hand, is easy to use, though some transactions took longer than expected. Its dark mode features are a great touch for those who prefer a low-light interface.
One of the biggest downsides I noticed was the exchange fees. While swapping crypto inside Atomic Wallet is convenient, the rates tend to be higher than those on centralized exchanges. If you prioritize low fees over convenience, using an external exchange may be a better option.
The lack of hardware wallet support (like Ledger or Trezor) is a letdown for users who prefer maximum security. Hopefully, this is a feature that the platform will add soon.
During my testing, some transactions took longer than expected to confirm, especially when the network was congested. While not a dealbreaker, it’s something to keep in mind.
Most crypto wallets allow 2FA for added security, but Atomic Wallet doesn’t have this option. If someone gains access to your device, they could potentially access your funds without needing an extra authentication step.
While using the Android app, I experienced a few UI freezes. These weren’t frequent but could be frustrating if they happened during a transaction.
When dealing with cryptocurrencies, security is everything. Since Atomic Wallet is non-custodial, you’re in full control of your assets, but that also means you’re responsible for keeping them safe.
Here’s a breakdown of Atomic Wallet’s major security features, how they work, and what you need to do to protect your funds.
You’ll be given a 12-word backup phrase when you first create your Atomic Wallet. This phrase acts as the master key to your wallet and can be used to restore access in case you lose your device.
Atomic Wallet is designed to give users complete control over their funds. Here’s what makes it secure:
Atomic Wallet does not store your private keys, backup phrases, or personal data on any centralized server. Everything is stored locally on your device and encrypted, ensuring that only you can access your funds.
Private keys and backup phrases are stored locally, not on external servers. All sensitive data is strongly encrypted to prevent unauthorized access.
You set up a password to secure access to the wallet. The password is required for actions like making transactions, exporting private keys, and accessing sensitive wallet features.
Even with Atomic Wallet’s security measures, your funds are only as safe as the precautions you take. Here are some essential tips to avoid security risks:
Your wallet is only as secure as the device it’s installed on. If your phone or computer is hacked, lost, or infected with malware, your wallet could be compromised. You can provide ongoing protection by ensuring the following:
If someone gets access to your backup phrase, they can steal your funds, even if they don’t have your password. No one (not even Atomic Wallet support) should ever ask for your phrase. If someone does, they’re scamming you.
Your wallet password protects access to your funds. Choose a unique, complex password and store it securely in a trusted password manager.
When managing your cryptocurrencies, understanding the associated fees is crucial. Here’s a detailed breakdown of the costs you might encounter while using Atomic Wallet:
You’re to pay Network Fees only. Atomic Wallet does not charge any additional fees for sending or receiving assets. You’re only responsible for the standard network (blockchain) fees, which vary based on the specific cryptocurrency and current network conditions.
There are no additional fees. Atomic Wallet doesn’t charge any extra fees for staking your assets. However, when you initially stake or unstake, you’re required to pay the standard network fee associated with the blockchain of the asset you’re staking.
Some tokens have inherent transaction fees coded into their smart contracts. For instance, transferring BabyDoge or SafeMoon may incur additional fees (e.g., a 10% fee per transaction), which are separate from any network fees and are not collected by Atomic Wallet.
Note: Fee structures and rates can change over time due to network congestion, updates in Atomic Wallet’s policies, or changes in third-party service charges. Always refer to the official Atomic Wallet support page or consult within the app for the most current information before proceeding with any transactions.
If you fall into any of these categories, Atomic Wallet could be a solid choice for managing your crypto portfolio securely and efficiently.
If you prefer a non-custodial wallet where you control your private keys rather than relying on a third party, Atomic Wallet is a great choice. Your funds remain on the blockchain, and only you have access to your assets through your 12-word recovery phrase.
Atomic Wallet is ideal for those who want a single, feature-rich platform for storing, sending, receiving, and exchanging cryptocurrencies. With support for over 500 coins and tokens, a built-in exchange, and fiat on-ramping, it eliminates the need for multiple apps.
For those looking to generate passive income through staking, Atomic Wallet offers direct staking for ETH, ADA, BNB, SOL, TRX, NEAR, and other assets with competitive APRs ranging from 5% to 20%. There’s no need for third-party staking platforms, making it a hassle-free option for long-term crypto investors.
To maximize your experience with Atomic Wallet, here are some essential tips and best practices:
Atomic Wallet has several strengths, but how does it stack up against other popular crypto wallets like MetaMask, Trust Wallet, Exodus Wallet, and Coinomi?
Here you go:
Compared to wallets like MetaMask and Trust Wallet, Atomic Wallet provides a smoother onboarding experience with a clean, easy-to-navigate UI across desktop and mobile. It’s great for beginners, whereas some wallets (like MetaMask) can feel more technical.
Atomic Wallet supports over 500 cryptocurrencies, making it more versatile than Exodus Wallet, which has around 300. However, Trust Wallet and Coinomi support even more assets. That said, if you need access to a broad range of altcoins and tokens, Atomic Wallet is still a strong contender.
Like Trust Wallet and Exodus Wallet, Atomic Wallet is non-custodial, meaning users control their private keys. However, it lacks hardware wallet integration (like Ledger or Trezor), which could be a dealbreaker for those seeking the highest level of security.
Atomic Wallet’s built-in exchange allows instant crypto swaps, but the fees can be higher compared to using centralized exchanges like Binance or KuCoin. In contrast, wallets like MetaMask let users set their gas fees, which can be more cost-effective.
One of Atomic Wallet’s biggest advantages is its built-in staking, offering 5% – 20% APR on various cryptocurrencies. While Trust Wallet also provides staking, Atomic Wallet’s rates are often more competitive, making it a great choice for passive income seekers.
Overall, Atomic Wallet is a solid choice, but whether it’s the best depends on your specific needs. Atomic Wallet is best for users who want a beginner-friendly, all-in-one wallet with staking and multi-currency support. It’s not ideal for those who prioritize lower exchange fees, hardware wallet integration, or advanced trading features.
After thoroughly testing Atomic Wallet, I can confidently say it’s a strong option for crypto holders who want a non-custodial, multi-currency wallet with staking and a built-in exchange. The wallet’s ease of use, broad asset support, and seamless staking experience make it particularly appealing to both beginners and experienced users.
However, it’s not without its drawbacks. The higher exchange fees, lack of hardware wallet support, and absence of two-factor authentication (2FA) are notable downsides, especially for users who prioritize maximum security. If you’re looking for a low-fee trading experience or hardware wallet integration, alternatives like MetaMask or Ledger might be better suited.
Since Atomic Wallet is decentralized and non-custodial, it cannot be hacked in the same way centralized exchanges can (e.g., Binance or Coinbase). However, your personal security matters. If hackers gain access to your device, backup phrase, or private keys, they can steal your funds.
Yes, Atomic Wallet is a non-custodial wallet, meaning you control your private keys. It encrypts sensitive data locally on your device and doesn’t store any personal information. However, it lacks two-factor authentication (2FA) and hardware wallet integration, which may be a concern for security-focused users.
Atomic Wallet is free to use for storing, sending, and receiving cryptocurrencies. However, exchange fees can be high compared to centralized platforms. Additionally, network fees (gas fees) apply when making blockchain transactions.
Yes, Atomic Wallet supports staking for multiple cryptocurrencies, including ETH, ADA, BNB, SOL, TRX, and NEAR, offering 5-20% APR depending on the asset.
No, Atomic Wallet does not require KYC (Know Your Customer) verification for its basic features, such as storing, sending, and swapping crypto. However, KYC may be required for buying crypto with fiat through third-party providers.
Your 12-word backup phrase is the only way to recover your wallet if you lose access. If you lose it, you will permanently lose access to your funds since Atomic Wallet does not store user data. Always keep it safe and offline.
No, Atomic Wallet does not support hardware wallets, which is a disadvantage for users who want extra security. If you need hardware wallet compatibility, consider alternatives like Ledger, Trezor, or MetaMask (via Ledger integration).
Yes, you can install Atomic Wallet on multiple devices, but you will need to import your wallet using your 12-word recovery phrase each time. However, it does not support cloud syncing, so balances and settings won’t automatically update across devices.
Yes, Atomic Wallet provides 24/7 customer support via live chat and email. While responses are generally quick, some users have reported slow replies during peak times.
After putting Atomic Wallet to the test, I can say it’s a solid choice for crypto holders who want a simple, secure, and feature-packed non-custodial wallet. With support for over 500 cryptocurrencies, staking, and a built-in exchange, it offers plenty of functionality for managing digital assets.
That said, it’s not perfect. While user control over private keys is a major plus, the lack of 2FA, no hardware wallet integration, and high exchange fees are important drawbacks to consider. If security and low-cost trading are your top priorities, you may want to explore other wallets.
Ultimately, Atomic Wallet is best for users who prioritize convenience, decentralization, and easy staking. If that sounds like you, it’s definitely worth trying. Just remember to safeguard your 12-word recovery phrase, as losing it means losing access to your funds permanently.
Would I recommend it? Yes, but with caution. If you’re comfortable with its security trade-offs and fees, it’s a great all-in-one solution for managing crypto.
Disclaimer!
This publication, review, or article (“Content”) is based on our independent evaluation and is subjective, reflecting our opinions, which may differ from others’ perspectives or experiences. We do not guarantee the accuracy or completeness of the Content and disclaim responsibility for any errors or omissions it may contain.
The information provided is not investment advice and should not be treated as such, as products or services may change after publication. By engaging with our Content, you acknowledge its subjective nature and agree not to hold us liable for any losses or damages arising from your reliance on the information provided.
Always conduct your research and consult professionals where necessary.
Read next
How stablecoins are revolutionising cross-border payments in Africa
Cross-border payments in Africa are expensive and slow. But stablecoins are changing that — offering faster, cheaper, and more accessible alternatives for freelancers, businesses, and everyday users across the continent.
Nigerian crypto companies should be cautious as SEC recognises crypto as securities
While Nigeria’s crypto ecosystem celebrates the recognition of crypto as a security by the SEC, the move will not completely be favourable in the short-term.
Flutterwave, YellowCard, Onafriq join stablecoin-based payment network launched by company behind USDC
Flutterwave, YellowCard, and Onafriq have joined a stablecoin-based payment network created by Circle, the company behind USDC. The companies will now be part of a global stablecoin settlement system.
Zone wants to create an Ethereum blockchain where government-backed regulators have oversight
Zone wants to build an Ethereum or Solana where traditional, financial, and decentralised financial products can be built on with full government oversight. The question, however, is how will this work?
Nigerians did not lose $822M to CBEX as total deposits are estimated to be about $6.1M
While reports claim Nigerians lost up to ₦1 trillion to CBEX, total deposits in connected wallets are estimated to be $6.1 million. These wallets are still receiving deposits ranging from $1 to $7,000.
Join 30,000 other smart people like you
Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else.
More Stories
Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Chams Q1 profit before tax falls 54% as finance costs surge
Airtel to roll out Starlink in underserved Africa
These UNILAG graduates are building an AI-powered delivery robot for Nigerian estates
Explore
Reach our audience
Businessfront. All rights reserved
