The Atomic Wallet is considered to be one of the best custodial crypto wallets, enabling you to own your private keys. Essentially meaning the crypto is yours and in your possession. Very different to holding your crypto on the exchange where they are not in your personal possession, if the exchange gets hacked then say 'bye bye to your crypto!'.
The other benefit of holding on the Atomic Wallet is that you can stake many popular cryptocurrencies while still being in your possession, they also do not charge you a fee (unlike some exchanges). Are always expanding the list of coins you can hold on the wallet and are adding to their list of stakable coins as soon as custodial staking is permissable.
They are now working towards adding Cardano and Icon onto their staking list. Both will require to hold only a minimum of 1 coin in order to stake. Staking Cardano will yield around 7.2% ROI per annum and Icon would yield around 13.43% ROI per annum. Both would be returning impressive gains in comparison to the rates given by banks.
How do you prefer to stake your crypto? Do you trust to hold on exchanges or do you trust yourself for self custody?
Hope you found this article informative, follow for more posted on a regularly basis.
Thanks for reading,
Vee.
