Atomic Wallet Coin PriceAWC

What is Atomic Wallet Coin (AWC)?

Atomic Wallet Coin (AWC) is the native token of Atomic Wallet. Atomic Wallet describes AWC as one of the earliest tokens issued by a decentralized cryptocurrency wallet. Atomic Wallet is a non-custodial wallet that allows users to retain full control of their funds through a backup phrase and private keys, with the company stating it has no access to user funds. The wallet supports over 20 blockchains and approximately 500 coins and tokens, according to CoinMarketCap; the Google Play listing describes it as a universal non-custodial app for over 300 cryptocurrencies. Its core functionality is built around atomic swaps, enabling users to trade crypto directly from within the wallet. AWC plays a central role in this ecosystem as an internal currency that unlocks benefits for holders and users.

The token has a total supply of 100,000,000 AWC, with 50,000,000 issued on the Ethereum network as an ERC-20 token and 50,000,000 issued on Binance Chain as a BEP-2 token. In April 2019, 50% of the AWC token emission was burned. Atomic Wallet was established in 2017; AWC's CoinMarketCap listing date is 2019-01-04. AWC's market capitalization and ranking change continuously and are displayed on the live data panel.

Key Specifications & Tokenomics

• Name: Atomic Wallet Coin
• Ticker / Symbol: AWC
• CoinMarketCap ID (UCID): 3667
• Blockchain / Platform: Ethereum (ERC-20); also issued on Binance Chain (BEP-2, migrated to BEP-20 in 2022)
• Token Standard: ERC-20
• Decimal Places: 8
• Total Supply: 100,000,000 AWC
• Circulating Supply: 10,600,000 AWC
• In Lockup: 90,000,000 AWC
• Explorers: etherscan.io, ethplorer.io
• Contract Address (Ethereum): 0xad22f63404f7305e4713ccbd4f296f34770513f4, verifiable on etherscan.io and ethplorer.io
• Tags: Wallet, Cosmos Ecosystem, Ethereum Ecosystem

The supply is split across two networks: 50,000,000 ERC-20 tokens were burned and transferred to an address with no private key, while 50,000,000 BEP-2 tokens remain on Binance Chain. Around 5,500,000 AWC are distributed among retail investors, advisors and airdrop/bounty hunters, with 70% of these belonging to over 30,000 small holders. No more than 4,500,000 AWC will be distributed over the next 12 months for airdrop, affiliate rewards and market making. 80% of funds remain locked up until there is demand from institutional investors, or will be released after five years. A reserved liquidity of 5,000,000 AWC (BEP-2) plus 5,000,000 AWC (ERC-20) supports the BEP-2 to ERC-20 swapping tool.

Who created Atomic Wallet Coin?

Atomic Wallet was established in 2017 by Konstantin Gladych, former CEO and co-founder of Changelly, who currently serves as CEO of Atomic Wallet. Changelly is an instant crypto swap platform supporting more than 130 digital assets. He holds a PhD in data science with six years of experience in blockchain and cryptocurrencies and ten years in IT. His career includes roles at Segmento / RuTarget in product project management and business development, Clickky Family as Head of Product, and Embria as Head of Mobile Product Marketing Team. Atomic Wallet provides 24/7 live support via email ([email protected]) and Telegram (@AtomicWallet).

How does Atomic Wallet Coin work?

AWC operates as an ERC-20 token on the Ethereum blockchain and as a BEP-20 token on Binance Chain. AWC was originally issued as an ERC-20 token on Ethereum and as a BEP-2 token on Binance Chain; in 2022 the BEP-2 token was migrated to BEP-20. Due to the BNB Chain shutdown, BEP-2 AWC can no longer be sent or swapped and is being delisted. ERC-20 AWC and BEP-20 AWC can be swapped in the wallet. The token functions within the Atomic Wallet ecosystem, a non-custodial application where private keys are encrypted on the user's device and never leave it. The wallet is built on top of common open source libraries and integrates with the blockchains of supported coins.

The wallet's core functionality is based on built-in atomic swaps, allowing users to trade crypto from within their wallet without external services. Instant swap functionality is provided by ChangeNOW. Users can also purchase crypto with fiat currency bank cards directly from the app. AWC holders can pay with AWC tokens to increase the queue of atomic swaps and cover listing fees. The wallet offers staking services for various assets. AWC staking is currently unavailable in Atomic Wallet; the team has stated that BEP-20 AWC staking is planned for the future. The 20% annual yield figure dates from the 2021 BEP-2 staking release and no longer applies. The token also powers a membership program where holders receive up to 1% rewards monthly for using built-in swap and buy crypto services.

What makes Atomic Wallet Coin unique and valuable?

Atomic Wallet describes AWC as one of the earliest tokens issued by a decentralized cryptocurrency wallet. This positioning ties the token directly to a functioning product with an established user base. The wallet's non-custodial architecture ensures users maintain full control of their funds, aligning with the core principles of decentralization and anonymity. Atomic Wallet does not store user data, does not require verification for basic services, and never has access to user funds.

The token's value proposition is reinforced by its utility within the ecosystem. AWC holders benefit from cashback of up to 1% on swaps and purchases and access to premium features. The membership program, based on the native token, provides monthly rewards for active users. With 70,000+ active members participating in cashback and 14,000 active staking accounts, the token has demonstrated practical adoption. The project's mission to accelerate cryptocurrency adoption through a secure, durable and multi-faceted platform further supports its standing in the wallet token category.

What is Atomic Wallet Coin used for?

AWC serves multiple functions within the Atomic Wallet ecosystem. It provides cashback of up to 1% for each swap or purchase, with payouts made monthly. The token is also used to pay for increased queue priority on atomic swaps and to cover listing fees. AWC holders gain access to lower exchange fees and premium features.

Atomic Wallet launched a Membership program based on AWC, where all holders can receive up to 1% rewards monthly for using built-in swap and buy crypto services. The token also plays a role in the referral program and is used within the broader ecosystem for services including swapping of crypto assets, Proof-of-Stake assets and fiat currencies, as well as cashback for exchange. As the native token of a multi-currency wallet supporting hundreds of assets, AWC acts as a unifying utility token across the platform's services.

How Is the Atomic Wallet Coin ecosystem developing?

The Atomic Wallet ecosystem has developed steadily since the project's establishment in 2017. In 2019, the desktop and Android apps were released, BTC-LTC atomic swaps were implemented, instant swap was added, and AWC was listed on IDEX. In 2020, the iOS app was released, 150,000 downloads were achieved, and the AWC token migrated to Binance Chain. April 2019 saw 50% of the AWC token emission burned.

In 2021, the platform achieved 1,000,000 downloads, added seven new assets, and launched four staking validators and settled 20+ nodes. The 2022 roadmap included AWC token migration to Binance Smart Chain, a crosschain NFT gallery and marketplace on Ethereum, Solana, BSC and Flow, a new referral program, and crypto loans integration. The 2023 roadmap focused on a WEB3 browser extension, ten new asset integrations including Fantom and Toncoin, staking support for five more chains including Polygon and Flare, and adding four new chains to the NFT gallery. Ecosystem integrations include ChangeNOW for instant swaps, NOW Wallet for storing, buying, selling, exchanging and staking AWC, and support across Ethereum and Binance Chain networks.

How to mine Atomic Wallet Coin?

AWC is not mined through traditional proof-of-work mechanisms. Instead, the token operates on Ethereum and Binance Chain networks and can be acquired through participation in the ecosystem. AWC staking is currently unavailable in Atomic Wallet; the team has stated that BEP-20 AWC staking is planned for the future. The 20% annual yield figure dates from the 2021 BEP-2 staking release and no longer applies. Users can also earn AWC through cashback on swaps and purchases, with up to 1% returned monthly. A referral and invite-friends program is listed on the project roadmap as coming soon. AWC is currently unavailable for fiat purchases; users can obtain AWC through supported swaps in the wallet or on trading platforms where it is listed. The token's utility in paying for swap queue priority and listing fees creates additional demand within the ecosystem. In 2021 the team launched four staking validators and settled 20+ nodes.

How to keep your Atomic Wallet Coin safe?

Securing AWC begins with understanding the non-custodial nature of Atomic Wallet. Users own their backup phrase and private keys, meaning they bear full responsibility for fund security. The backup phrase, consisting of 12 words found in Settings, Security, and the Private keys & Backup page, should be saved offline and never shared with anyone. Private keys are encrypted on the user's device and never leave it.

Security information: AWC's Ethereum contract is 0xad22f63404f7305e4713ccbd4f296f34770513f4, verifiable on Etherscan; the wallet's private keys and backup phrase are stored locally and encrypted on the user's device.

Atomic Wallet does not store user data, does not require verification for basic services, and never has access to user funds. The company states that customer balances and transaction history are supported by each cryptocurrency blockchain explorer. For additional security, users should ensure their devices are free from malware and use official application versions. The iOS app is temporarily unavailable on the Apple Store, but funds remain safe on the blockchain, and users can restore funds with a backup phrase on another operating system. Previously downloaded versions remain active. Users are advised to keep their backup phrase secure and consider using hardware wallets for large holdings. The platform offers 24/7 live support via email and Telegram for assistance with security concerns.

As with any crypto asset, AWC carries risks. Its price can be highly volatile, regulatory policies in different jurisdictions may affect access to the token and related services, and technical risks such as smart contract vulnerabilities or network disruptions cannot be excluded. The points above are not exhaustive, and users should assess these uncertainties before participating.