Binance dex atoms9/8/2023 ![]() The Lunie wallet was the official open source wallet developed by the Cosmos team. If you would like instructions on how to do this, this handy guide should cover everything. It does, however, come with a price tag of $119.Īs mentioned, you will have to use either the Lunie Wallet or the Cosmostation in order to manage your coins on your PC. It also has support for additional coins and is bluetooth enabled. This can support many more apps at the same time which means that you don't have to always install and uninstall coin apps when using them. However, the Ledger Nano X could also be considered. This currently costs $41 which makes it one of the most affordable hardware wallets currently on the market. The entry level is the Ledger Nano S which should be sufficient for you to store your ATOM. ![]() There are currently two different Ledger devices that you can buy. Top Tip □: When buying a hardware device, be sure to buy it from the official store and don't use third party sellers. It is therefore important to make sure that you keep these in a safe place and do keep backups. If you were ever to lose your Ledger Nano device, you can also recover it through the use of the seed words that you setup when you were first configuring the device. Get your Ledger Nano X From the official store This is done by installing the Lunie wallet which we cover below. Although there is a Ledger Live app that you can use to manage all of your other coins, this cannot be used to manage the ATOM on the wallet. The Ledger device will connect to your PC through a USB cable where you can manage your coins. When you need to sign the transaction you will do so on the device and it will never be exposed to an online environment. The benefit of using a hardware wallet is that your private keys are always kept on the device in a cold storage environment. It supports over 1,000 coins and tokens with an expanding roadmap. The Ledger Nano is perhaps the most well known hardware wallet currently on the market. When it comes to security of wallets, nothing can really beat the effectiveness of a hardware wallet. ![]() If you are going to be using these wallets, make sure that it has broad community support before sending your coins there. Now, this may not be an all-inclusive list as there may be other wallets that you have found that claim to support ATOM. My criteria is mostly based on the security, developer support and user friendliness of the chosen wallet. Nevertheless, there are currently a few options for users to store their ATOM crypto. This means that may have less wallet support ERC20 tokens. Unlike many of the other projects that have raised an ICO, ATOM was not issued on the Ethereum blockchain. Top 7 ATOM WalletsĬosmos was built on the Tendermint core and as such, it is a completely native blockchain. I will also give you some top tips when it comes to safely storing your ATOM. In this post, I will give you the 7 best ATOM wallets on the market. Given the primary use of ATOM is for staking it is critically important to find the best and most secure wallet for storing ATOM tokens. ![]() It is not used as a store of value, or as an exchange medium, but is instead used for staking on the Cosmos network. One of the first blockchains built on Cosmos is the Cosmos Hub and it's native token is the ATOM. ![]() They want to build an "internet of blockchains". Cosmos (ATOM) is a project that is trying to solve the problems of scalability & interoperability plaguing blockchains. ![]()
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