Trust Wallet vs Atomic Wallet | Why Trust Wallet Is Much Better
Jack Moreau
Feb 2024
9 min read
Fact checked
Introduction: Finding the perfect crypto wallet to safeguard your digital riches is no easy task. We have compared Trust Wallet vs Atomic Wallet and explored vital aspects like blockchain and cryptocurrency support, standout features, hardware wallet compatibility, security measures, and so much more. Allow us to guide you towards the ultimate wallet!
Trust Wallet and Atomic Wallet are two popular multi-asset wallets that offer users a secure and user-friendly way to store, manage, and exchange digital currencies.
While both wallets share a similar purpose, they differ in various aspects such as features, supported platforms, user base, and overall reputation.
Starting with Atomic Wallet, it was founded in 2017 by Konstantin Gladych, the former CTO of Changelly. This decentralized wallet is based in Tallinn, Estonia, and has a global team of 35 employees.
Atomic Wallet Website
Atomic Wallet prides itself on being a non-custodial wallet, meaning users have full control over their funds without the need for a third party acting as an intermediary.
It offers anonymity and security, as each account is accessible only by the user who controls the seed phrase. Currently, Atomic Wallet supports over 300 coins and tokens, including popular cryptocurrencies like Bitcoin, Ethereum, and Solana.
Atomic Wallet Cryptocurrencies
With over 5 million users worldwide, Atomic Wallet has gained a reputation as a trustworthy wallet. The wallet is available on desktop and mobile devices, with features such as staking, exchange services, and a cashback program linked to their native AWC token.
Atomic Wallet App
On Android and iOS, Atomic Wallet has over 1 million downloads and a favourable rating of 4.4 stars based on over 70,000 reviews.
Trust Wallet was founded in 2017 by Viktor Radchenko, and it quickly grabbed the attention of Binance, leading to its acquisition in 2018.
Trust Wallet Website
Trust Wallet is based in San Francisco and has a team of over 220 employees located worldwide. Like Atomic Wallet, Trust Wallet is a non-custodial wallet, giving users complete control over their private keys.
Trust Wallet has emerged as one of the fastest-growing wallets in the world, with an astonishing user base of 60 million across their mobile and browser wallets.
With support for over 70 blockchains and 10 million digital assets, Trust Wallet offers a wide range of options for users. It has achieved an excellent reputation with an impressive 4.5-star rating on Trustpilot based on 1.7 million reviews.
Trust Wallet Cryptocurrencies
Trust Wallet has garnered over 10 million downloads on mobile devices and over 500,000 downloads on Chrome browsers. It supports popular cryptocurrencies such as Bitcoin, Ethereum, and Solana, as well as a multitude of altcoins and ERC20 tokens.
Trust Wallet App
Trust Wallet vs Atomic Wallet User Experience
When comparing Trust Wallet and Atomic Wallet, there are several important factors to consider. Let's start with the user experience.
Trust Wallet is known for its user-friendly interface, making it easy for users of all experience levels to navigate the app. On the other hand, Atomic Wallet is also straightforward and easy to use, with a simple interface that doesn't overwhelm beginners.
Moving on to the custodial aspect, Trust Wallet is a non-custodial wallet, meaning that users have full control over their private keys and assets. This ensures better security for their crypto assets.
When it comes to supported devices and browsers, Trust Wallet is available on both Android and iOS, providing users with a mobile wallet experience. It also offers support for Chrome, Brave, Opera, and the Edge Browser.
Trust Wallet Browsers
Similarly, Atomic Wallet is also non-custodial, offering the same level of security and control to its users. Atomic Wallet can be downloaded and used on various operating systems such as Windows, MacOS, Linux, as well as on Android and iOS.
Atomic Wallet Desktop
In terms of functionality, Trust Wallet offers support for more blockchains and features on its mobile app compared to its browser wallet. Users can access DeFi dApps like Uniswap and Aave through the browser available within the app.
Atomic Wallet, on the other hand, allows users to exchange tokens, buy cryptocurrencies with cards, display NFTs, and stake a selection of blockchains, regardless of whether they are using the mobile wallet or the desktop version.
Atomic Wallet Assets
Trust Wallet vs Atomic Wallet Features
Trust Wallet is a feature-rich cryptocurrency wallet that offers a wide range of products and services for its users.
One of the key features of Trust Wallet is its support for in-app swaps, which are facilitated through multiple third-party DeFi integrations such as Thorchain, Kyber Network, and 1inch.
Trust Wallet Swaps
However, it is important to note that Trust Wallet charges a 1% swap fee in addition to any third-party exchange fees incurred during the transaction.
For those interested in the NFT space, Trust Wallet has you covered. The wallet supports NFTs on several blockchains including Ethereum, Solana, and Polygon.
Trust Wallet NFTs
With Trust Wallet, users can easily store and manage their NFTs, view their NFT collections, and transfer them to other wallets or marketplaces.
In addition, Trust Wallet offers staking support for over 20 cryptocurrencies, allowing users to earn yield on their digital assets. Popular assets such as BNB, ATOM, LUNA, OSMO, ALGO, and Tezos are supported for staking within the wallet.
Trust Wallet Staking
Trust Wallet also provides users with the ability to buy cryptocurrencies with fiat currencies and their card. The wallet has integrated with Binance Pay and Coinbase Pay for seamless crypto purchases.
Trust Wallet Buy Crypto With Card
Additionally, users can take advantage of the helpful Koinly integration for tax filing purposes at the end of the year.
Overall, Trust Wallet offers a wide range of features and services, including in-app swaps, NFT support, staking capabilities, and integration with fiat-to-crypto payment providers.
Atomic Wallet is a cryptocurrency wallet that offers a convenient in-app swapping feature using Binance Dex. This allows users to easily exchange their assets within the wallet.
Atomic Wallet Swap
However, it is important to note that Atomic Wallet charges a 0.5% swap fee, in addition to any additional commission from exchange partners.
Atomic Wallet Buy Crypto With Card
For those interested in the NFT scene, Atomic Wallet supports NFTs from a range of blockchains, including Solana, Ethereum, BSC, Avalanche, and Polygon. This allows users to store and manage their NFT collections within the wallet.
Atomic Wallet also offers staking support for over 20 assets, including prominent names like Cardano, BNB, Solana, Tezos, Cosmos and others.
Trust Wallet and Atomic Wallet are both non-custodial wallets that prioritize user security by giving users full control over their private keys and funds.
Trust Wallet is a non-custodial wallet that ensures that all private keys are stored in a decentralized manner across millions of devices.
This decentralized storage approach provides a robust resistance to potential cyber-attacks and ensures that users have full ownership and control over their crypto assets.
Support
To further enhance security, Trust Wallet offers features such as two-factor authentication (2FA), robust backup solutions for private key recovery, and data encryption.
Additionally, Trust Wallet provides added security features on mobile devices, such as Face or Touch ID, to protect user assets.
The wallet also conducts regular audits by Stateful and offers bug bounties for security vulnerability reports, which highlights its commitment to maintaining a secure user experience.
In terms of additional security measures, Trust Wallet offers regular security audits and bug bounties up to $100,000, inviting hackers to identify and report potential vulnerabilities.
The wallet also provides advanced features such as token approval alerts, transaction previews, and permission management tools, which help users navigate the world of decentralized finance (DeFi) more securely.
Trust Wallet actively guards against deceptive practices like spam tokens and allows users to report any suspicious activities.
Like Trust Wallet, Atomic Wallet ensures that users private keys are stored on their personal devices. However, concerns were raised when a report by Coindesk highlighted security vulnerabilities identified by the third-party audit firm, Least Authority.
Atomic Wallet Security
In response, Atomic Wallet's CEO addressed these concerns, reassuring users that none of the flagged issues posed direct threats given the wallet's non-custodial nature and local data storage.
The CEO further announced plans to address the remaining concerns and submit the wallet for subsequent audits. While Atomic Wallet has had some security vulnerabilities identified, it has also taken steps to address these issues and enhance its overall security.
On the other hand, Atomic Wallet currently does not integrate with any hardware wallets like Ledger and Trezor, which limits its compatibility with external security devices.
Trust Wallet vs Atomic Wallet Conclusion
In conclusion, Trust Wallet provides a user-friendly interface and is available on both Android and iOS devices, as well as browsers such as Chrome, Brave, Opera, and Edge.
It supports a 100s of blockchains and 1000s of cryptocurrencies and offers features such as in-app swaps, NFT support, staking capabilities, and integration with fiat-to-crypto payment providers.
Trust Wallet also prioritizes security with its non-custodial design, decentralized storage of private keys, and additional security measures such as 2FA and regular audits.
On the other hand, Atomic Wallet offers a seamless user experience, with a simple interface that is easy to navigate. It can be downloaded on various operating systems, including Windows, MacOS, Linux, Android, and iOS.
Atomic Wallet supports over 300 cryptocurrencies and offers features such as staking, exchange services, and a cashback program.
While its security has come under scrutiny in the past, Atomic Wallet has taken steps to address vulnerabilities and enhance its overall security.
In this comparison, Trust Wallet stands out as the winner with its extensive list of supported blockchains, in-app swap capabilities, and strong focus on security!
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.
