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Atomic Wallet App Review 2023 Presented By Traders Union Experts

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Atomic Wallet

Atomic Wallet, a non-custodial, cross-platform cryptocurrency wallet developed by an Estonian team in 2018, supports exchange transactions and token holding. Built on its unique blockchain and Atomic Swap protocol, it facilitates rapid, direct transactions without intermediaries.

The Atomic Wallet app reviewed by Traders Union offers an efficient means to minimize transaction fees. Both desktop and mobile versions are standalone, and not tied to any crypto startup.

Things to know about Atomic Wallet

Traders Union presents an in-depth look into the robust capabilities of Atomic Wallet, a multifaceted cryptocurrency platform:

  • Atomic Wallet, a decentralized platform, supports over 300 tokens and altcoins, offering a vast array of investment choices.
  • It incorporates a built-in exchange mechanism permitting immediate swaps between cryptocurrencies and fiat money, supporting over 18 fiat currencies such as USD, EUR, and RUB, with a low spread to ensure favorable conversion rates.
  • Unlike many exchanges, Atomic Wallet champions anonymity. Users need not provide extensive personal data for verification; only a photo is required. Post password and key generation, the user assumes complete responsibility for their account, adhering to the principles of decentralization.
  • Atomic Wallet facilitates the staking of more than 30 currencies with attractive profitability rates. Long-term investors (one month or more) can potentially earn an additional 5-10%. The wallet maintains its own pool of validators ensuring maximum liquidity, quick verification, swift transaction confirmation, and fair reward distribution.
  • Lastly, Atomic Wallet has its proprietary token, AWC. Holding AWC provides users with exclusive benefits such as discounts and cashback, amplifying the overall user experience.

Is Atomic Wallet safe?

TU experts assess the safety features of Atomic Wallet, an innovative cryptocurrency platform:

  • Atomic Wallet demands standard registration security measures like password and seed phrase generation, and minimal verification through photo submission.
  • The wallet, however, lacks two-factor authentication. No additional confirmation through email or phone is available, marking a potential security concern.
  • Atomic Wallet doesn’t collect user data during registration, hence your email, phone number, or address aren’t needed.
  • Atomic Wallet supports cold storage, allowing you to maintain access to your cryptocurrencies offline.
  • While Atomic Wallet has not yet suffered any hacks, risks are inherent, such as phishing sites, accidental password disclosure, or malware.
  • Atomic Wallet’s Terms of Service highlight certain limits to its liability. Users are advised to carefully review all regulating documents before investing.

Atomic features: A short review

TU analysts delve into the primary and secondary features of Atomic Wallet, along with its incentive systems:

  • Atomic Wallet serves as both a hot and cold wallet for short-term trading and long-term storage of cryptocurrencies, requiring minimal setup and verification.
  • It enables the purchase of cryptocurrencies via Visa/MasterCard through the ShapeShift exchange.
  • Staking, an auxiliary feature, offers passive income. With 13 coins currently available for staking, users can earn 0.5%-20% profitability, paid in cryptocurrency every 3-7 days.
  • Atomic Wallet features a cashback loyalty program, offering up to 1% commission compensation to holders of its native AWC token.
  • The wallet proposes four tiered statuses—Blue to Platinum—for active AWC investors, promising average payback periods of 6-12 months thanks to the multi-level reward system.

What are the costs of Atomic Wallet?

Atomic Wallet charges a 2% commission per transaction, with the amount determined in the transaction currency, or a minimum fee of 10 USD. However, the exact fee amount is only displayed in the wallet. While no other fees are charged by Atomic Wallet itself, users should note that additional fees may be applied by their chosen payment system or payment provider.

In addition to the Atomic Wallet review, Traders Union has also published a MetaMask wallet review on their website. This review provides an insightful analysis of MetaMask’s functionalities, user interface, and security features, offering traders a comprehensive understanding of this Ethereum-based wallet.

Conclusion

The Atomic Wallet app offers a robust platform for managing a diverse array of cryptocurrencies, with features such as built-in exchanges, staking options, and a cashback loyalty program. However, users should be aware of its potential security limitations. For more in-depth reviews of cryptocurrency wallets and trading platforms, be sure to visit the Traders Union website.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Economy

Ibeto Customs, Police Renew Joint Security Pact for Efficiency, Safety

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Nigeria Customs Service

By Adedapo Adesanya

The Nigeria Customs Service (NCS), Ibeto Seaport and Terminals Command, Port Harcourt, and the Nigeria Police Force have renewed their commitment to joint security operations at the nation’s maritime corridors, following a strategic meeting between top officials of both agencies.

According to a statement, the renewed partnership came as the Commissioner of Police, Eastern Port Police Command, CP Shuaibu Audu, paid a working visit to the Customs Area Controller, Comptroller Usman Yahaya, at the Command headquarters on April 17, 2026.

The engagement, according to a statement by the Command’s Public Relations Officer, Chief Superintendent of Customs Tangwa Emmanuel, was aimed at strengthening inter-agency cooperation and boosting operational efficiency within the port environment.

Speaking during the visit, Comptroller Yahaya described the engagement as significant, stressing that sustained collaboration among security agencies remains critical to safeguarding national assets and ensuring seamless port operations.

This visit is timely and highly appreciated. It reflects the importance of sustained cooperation among agencies entrusted with the security of our nation and the protection of critical economic assets,” he said.

He assured the police boss of Customs’ readiness to maintain strong working relations with the Eastern Port Police Command.

“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities,” Mr Yahaya added.

The Customs Area Controller noted that the synergy between both agencies has continued to play a vital role in maintaining order, facilitating legitimate trade and curbing criminal activities within the port system.

This was contained in a statement shared via the Customs official X handle.

Customs and the Police share common responsibilities in safeguarding the port environment. Synergy remains the cornerstone for achieving our collective mandate,” he stated.

He also briefed the visiting Commissioner on the operational relevance of the Ibeto Seaport and Terminals Command, reiterating the Command’s commitment to strengthening maritime security.

On his part, CP Audu said the visit was part of efforts to consolidate existing ties between the Nigeria Police Force and the Nigeria Customs Service.

“My presence here today is to reinforce the cordial relationship between the Nigeria Police Force and the Nigeria Customs Service. No organisation can function effectively in isolation,” he said.

He emphasised the importance of sustained collaboration among security agencies, particularly in securing the nation’s ports, which he described as vital to economic stability.

Synergy among security agencies is essential to addressing emerging threats. Our ports are strategic national assets, and we must work together to keep them secure,” Mr Audu stated.

The police commissioner also sought continued support from Customs officers in advancing shared security objectives.

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Economy

Tinubu Removes Wale Edun, Elevates Taiwo Oyedele as New Finance Minister

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swear in taiwo oyedele

By Modupe Gbadeyanka

Mr Taiwo Oyedele has become the new Minister of Finance and Coordinating Minister for the Economy after the exit of Mr Wale Edun.

This announcement was made on Tuesday by the Office of the Secretary to the Government of the Federation via a statement signed by Mr Yomi Odunuga, the Special Adviser of Media and Publicity to the Secretary to the Government of the Federation, Mr George Akume.

It was disclosed that President Bola Tinubu approved the removal of Mr Edun as Finance Minister as well his counterpart in the Housing and Urban Development Ministry, Mr Ahmed Musa Dangiwa.

According to Mr Akume, “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”

In approving the cabinet reshuffle, the President has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended), he added.

Before this minor cabinet reshuffle in the membership of the Federal Executive Council (FEC), Mr Oyedele the Minister of State for Finance.

Mr Muttaqha Rabe Darma has now been named as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.

Mr Tinubu thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours, reminding others that “the process of reinvigoration shall be continuous.”

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Economy

Dangote Eyes Crude Oil Production to Ease Shortfalls

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Crude Oil Production

By Adedapo Adesanya

The Dangote Group has announced plans to begin its own crude production, to help cover shortfalls in local crude feedstocks, in the coming weeks through its upstream assets.

According to Mr Devakumar Edwin, the Vice President of the Dangote Group, the company has commenced early testing on crude from its Niger Delta licenses.

In an interview with Platts, part of S&P Global Energy, the official said the company has already begun standard well testing and is preparing to scale up output.

“We have opened a well and begun standard testing, which should be completed in the next three to four weeks, maximum.

“After that point, oil can start to be pumped in larger volumes, and the company can begin work on drilling new wells,” he said.

Also speaking, Mr David Bird, the chief executive officer (CEO) of the Dangote refinery, said the upstream assets could provide a more stable crude supply for the refinery.

“Alongside its upstream interests, the company is seeking to establish its own shipping presence to help reduce logistics costs and improve the reliability of its crude sourcing,” Mr Bird said.

While confirmation has come from the company, the Nigerian government or the Nigerian National Petroleum Company (NNPC) Limited is yet to officially confirm the development.

The 650,000 barrels-per-day facility has been able to get enough feedstock locally under the federal government’s Crude-for-Naira initiative, leading it to source crude from international markets at a premium, which is partly responsible for the high cost of petrol and other fuels.

However, in April 2026, the NNPC said it would increase its crude supply to Dangote Refinery to seven cargoes.

The refinery, on several occasions, has stated it sources the majority of its crude oil outside Nigeria despite being the country’s Naira-for-crude sale deal.

Last month, it said the NNPC only gave it four to five cargoes, which is less than 50 per cent of expected volumes. The majority of Nigeria’s crude is tied to joint ventures with international oil companies.

With the latest development, it would help reduce the dependency on international crude as well as allow Dangote to ease some of its import costs.

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