What Is Atomic Wallet Coin (AWC)?

Atomic Wallet is a non-custodial decentralized cryptocurrency wallet that offers transparent, custody-free, and immutable trading. Non-custodial means a blockchain wallet wherein users have complete control over their funds and the related private key.

Atomic Wallet aims to easily manage cryptocurrencies and develop a healthy multifunctional ecosystem to boost crypto mass adoption. The focus is to build an all-in-one decentralized crypto solution while respecting the users' privacy. Users are claimed to have complete control over their funds in the Atomic Wallet. These funds are not in the wallet but on the blockchain. Atomic Wallet connects to the blockchain nodes and shows the balances, transaction history, and everything in the wallet itself. Atomic Wallet also allows users to perform transactions on the blockchain.

There is a 12-word backup key for the wallet to keep the funds secure. This is the master key, and the wallet is claimed safe until the 12-word backup is safe. The password is stored locally on the device and is strongly encrypted. 

Atomic Wallet has the following unique features:

• Atomic Wallet supports more than five hundred tokens and an anonymous exchange for more than sixty crypto assets with cashback rewards for every swap.

• A wide range of coins can be staked to earn weekly, monthly, and yearly profits. 

• Any 18 most popular crypto-assets can be bought with a bank card.

• A big team of crypto professionals works 24*7 to provide users with a better experience.

AWC is the native token.) of the Atomic Wallet platform with a strict limit of one hundred million to be created ever. The token operates on the Ethereum blockchain with ERC20 as the standard for tokens. AWC token offers benefits to the holders such as features for the trading desk, bounty rewards, staking, discounts on exchange services, and much more. Staking AWC tokens offer up to 23 percent yearly profit. AWC is also used as cashback reward for instant exchange and other rewards like referral campaigns.

AWC token is used to pay different fees on the Atomic Wallet platform:

• Increasing atomic swap rating

• Using Atomic Swap

• Featuring in Atomic Wallet interfaces

• Listing new asset in Atomic swap exchange

• Listing new assets in Atomic Wallet

As per the whitepaper, the token received for the aforementioned services is burned until 50 percent of the AWC is destroyed.

History of Atomic Wallet Coin (AWC):

Atomic Wallet was founded in early 2018 by Konstantin Gladych, a Ph.D. in data science having good experience in blockchain and cryptocurrencies. Charlie Shrem is the strategic advisor who is also a founding member of the Bitcoin Foundation.