Atomic wallet
Atomic wallet is a multi-currency wallet that works as a convenient app that is universal and fully decentralized supporting over 300 cryptocurrencies and works with a simple interface. It is very secure and helps exchange your crypto and mostly helps manage your cryptocurrency.
Wallet holder’s data are not stored or saved by the wallet because only you have access to your funds and your coin. An open-source library works with Atomic wallet and your mnemonic keys are stored or encrypted unto your devices and never leaves it.
Coins are exchanged just within the snap of a finger and it doesn’t take time before it's been converted. It also allows the user to buy all types of coins within a minute. It also gives room to all your transaction at a go.
How many different coins does Atomic wallet support?
The atomic wallet supports the usefulness of over 300 cryptocurrencies and this is making atomic wallet more popular in the bitcoin world and it will keep increasing. Most of the used crypto on atomic wallets is the likes of Bitcoin, Litecoin, Etheruem, EOS, Ripple, and Dash. Being unable to store all your crypto in your portfolio inside your wallet because atomic wallets got you covered.
How do I back up the recovery seed key in a multichain wallet?
A recovery seed key can be 12, 18, or 24 words that need to be stored elsewhere or be written down in a paper and this also can be used to recovered stolen or lost gadgets. A recovery or mnemonic seeds are been given to a new user when trying to set up a new wallet account. It must be printed out or be written down on a piece of paper and should be kept well or else if lost can render the account useless.
How do I re-import the existing multichain wallets in a fresh installation
This re-importation only takes few minutes to happen and it goes thus;
- First back up your recovery key or mnemonic keys by launching Atomic wallet
- Then access the wallet and go to settings, in the settings click on access wallet
- Click on the wallet in the screen setting, tap on display wallets and then click on the + sign.
After accessing the import screen then click on multicoin and paste your recovery phrase there and voila your account has been re-imported.
How do I add or import a new coin in a multichain wallet using the coin private key
If you are adding a coin to your wallet you will do so by following the simple step, although, by defaults BTC, ETH and BNB are been given to a user to have access to his account. Click on the upper right of the main wallet screen.
You can then scroll down to the list of available assets or search for the coin you want to add. Then make use of the toggles in other to add the coin or token and the newly added coin recovery phrase will be required to add the desired coin. After the recovery key has been pasted and clicked on. You are to go back to the main screen to see your newly added coin.
This particular task(Homework Task Week-4) is central to your own experience, so I was expecting you to include your own screenshots. Assuming you have a Smartphone or Desktop/Laptop, you should have had downloaded the app and included your own screenshots.
Here you have taken the screenshot from another source, you have referenced it, that's fine, but it does not elicit your own experience with Atomic wallet.
No, not at all. First off, in Atomic wallet, you can't add a new coin. You can use the private keys of the supported coins and import them into another wallet. Here you can only add ERC-20 token if you have any.
Again, you have not used this wallet, that is why you are not being able to show your own screenshots, neither being able to demonstrate it properly.
I would encourage you to download/install Atomic wallet (or any other Multi-chain wallet) and experience it.
Thank you.
Homework Task -4 successfully accomplished.
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Interesting similarities between this post and the one you just checked for @frederickbangs.
And interesting that @frederickbangs and @futurekr always seem to post at the same time.
Maybe you can take a look and see what you think? @sapwood
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Yes, I am also of the same observation. The chronology, the way they have written the text, and most importantly both of them did not choose to include their own experience with a Multichain wallet.
(I assume both of them use a Smartphone/Desktop/Laptop), still, they did not download and install the Multichain wallet.
Thank you.
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Thank you for this. You might want to share this with your fellow Professors to be on the lookout.
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Yes, I will update the list in Group chat.
Thank you.
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