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Atomic Wallet connects directly to the blockchain nodes and shows the information about your balances, transaction history and everything you see in the wallet. It also allows you to perform transactions on the blockchain. Atomic Wallet also provides you with exchange and buying crypto services with the help of our partners. What is a word backup? Your word backup is the key to your wallet.

It has essential meaning for keeping your funds safe. Think about it as a login to your bank account: whoever owns it, can access your funds. Public and private addresses for each coin are derived with specific algorithms from your backup. If you keep your word backup safe, your wallet is safe. We recommend to store it offline in two different places. Never share it with anybody, even the members of our team! Is Atomic Wallet safe?

Atomic Wallet is an interface that gives you access to your funds on the blockchain. The most important information, such as your private keys and backup phrase, is stored locally on your device and is strongly encrypted. The wallet and all the operations within it are protected with a password. Others are made only for storage. There are pros and cons to keeping your cryptocurrencies online or in an offline wallet.

There is no universal minimum purchase rule for digital currencies, but some exchanges have minimum order sizes, and fees may make small purchases impractical. Bitcoin is highly volatile. Pros Secure storage of bitcoin and other digital currencies Ability with some to buy and sell coins to take advantage of market fluctuations Flexibility to keep your coins online and accessible, or offline and ultra-secure Cons Some exchanges associated with these wallets charge high fees Setting up some wallets can be complex Hardware wallets require an initial cost How Should I Choose a Bitcoin Wallet?

The best bitcoin wallet for your needs depends on your comfort with technology and your goals. Here are some of the best types of wallets for different situations: Beginners: Consider starting with an online wallet that charges very low fees for transactions.

SoFi, Robinhood, and Coinbase are best for this group. If you have a strong investment background, SoFi, Robinhood, and Exodus are good choices. Experienced users: Hardware wallets offer the best security.

People who are very comfortable with computers should have no problem navigating the additional complexities.

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