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Author Topic: Freewallet or Atomic Wallet?  (Read 444 times)
hack3rcon (OP)
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April 22, 2021, 05:11:52 PM
 #1

Hello,
I read something about both of the Freewallet and Atomic Wallet and I need the users experiences.
Please share your opinions.


Thank you.
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April 22, 2021, 05:14:19 PM
 #2

Hello,
I read something about both of the Freewallet and Atomic Wallet and I need the users experiences.
Please share your opinions.


Thank you.

Atomic wallet was the first one I tried to install about 5 years ago. Don't remember what exactly I didn't like but overall it remember it like an overcomplicated thing, not newbie friendly. Never used it since.

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April 22, 2021, 05:16:14 PM
Last edit: April 22, 2021, 05:29:26 PM by Yogee
 #3

Please don't use freewallet. There have been many cases which have been documented here where they held user funds out of suspicion in exchange for their personal information. Even Elon Musk said that this wallet is shit because they blocked him.

What coins do you plan to store? There are plenty of non-custodial wallets to choose from and Atomic is one of them.

Additions just in case you don't know the difference between custodial wallets like "Freewallet" and non-custodial wallets like Atomic. Custodial means they do not share the private keys or seed phrase which also means they control all their user's funds. Non-custodial wallets allows users full control of their keys and their money.

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April 22, 2021, 05:47:19 PM
 #4

Please don't use freewallet. There have been many cases which have been documented here where they held user funds out of suspicion in exchange for their personal information. Even Elon Musk said that this wallet is shit because they blocked him.

What coins do you plan to store? There are plenty of non-custodial wallets to choose from and Atomic is one of them.

Additions just in case you don't know the difference between custodial wallets like "Freewallet" and non-custodial wallets like Atomic. Custodial means they do not share the private keys or seed phrase which also means they control all their user's funds. Non-custodial wallets allows users full control of their keys and their money.
Yes, Freewallet has many cases happened maybe the OP can see some documentation on the accusation board where there are lots of complains about the freewallet holding their coins so I hope this can be understood after @yogee is explained here.

Atomic wallet I think is a non-custodial secure wallet and can try it there because I see rare cases so this is a recommendation for OPs who want to see some of my opinion.

So indeed the worst experience is freewallet with many cases happening.

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April 22, 2021, 07:05:36 PM
Last edit: April 23, 2021, 08:47:17 AM by Oshosondy
Merited by DdmrDdmr (2), NeuroticFish (1)
 #5

Freewallet
  • has history of blocking accounts
  • it is a custodial wallet
  • do not give private key
  • you do not have full control over your wallet

Atomic wallet
  • Close source
  • noncustodial
  • gives private key
  • full control
  • but generating only legacy addreses

If you want bitcoin wallet, go for electrum, you can go for atomic wallet if you want altcoins wallet, but not having nested segwit and native segwit derivation paths afaik, but many altcoins have low fee.

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April 22, 2021, 07:48:18 PM
 #6

If to choose just from these 2 wallets, you definitely should pick Atomic wallet. Freewallet simply have too many disadvantages - it's fully custodial and their reputation isn't best. Even Elon Musk was very disapoointed about this wallet.
But if you're planning to hold Bitcoin only, Atomic wallet probably isn't best choice too. For altcoins it's good wallet I think. But for Bitcoin, they still don't support SegWit, what is huge disadvantages.
If you need wallet for Bitcoin only, Electrum is the best option IMO.

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April 22, 2021, 07:51:14 PM
 #7

I would not use Freewallet or Atomic Wallet when there are much better wallets for every day use.
Freewallet is custodial wallet better known after Elon Musk complained when he used it first time, and users have no control over keys.
Atomic wallet is better than Freewallet but I don't like it's interface and I would use some other wallet like Electrum for Bitcoin and Exodus for all other coins.

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April 22, 2021, 07:59:53 PM
 #8

Free wallet is a example of centralised wallet, the team keep your private keys for you, meaning they have access to your funds, and atomic wallet gives users their keys to their funds when opening a new wallet with them, the choice is yours to make from here on, my advice is stay away from any wallet like free wallet, the best wallet for me is hardware wallet or trust wallet

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April 22, 2021, 08:34:26 PM
 #9

Just as others giving you advise about freewallet. Their thread[1] and account[2] will give you an idea that you should not use them.

[1] [ANN] Freewallet.Org: More Freedom From Freewallet

Check those posts there about them blocking accounts.

[2] https://bitcointalk.org/index.php?action=profile;u=1177176

Check their profile account and the negative trusts that has been put to them.
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April 23, 2021, 02:53:29 AM
 #10

Hello,
I read something about both of the Freewallet and Atomic Wallet and I need the users experiences.
Please share your opinions.


Thank you.

Atomic wallet was the first one I tried to install about 5 years ago. Don't remember what exactly I didn't like but overall it remember it like an overcomplicated thing, not newbie friendly. Never used it since.

5 years? It was launched 2 years ago.

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April 23, 2021, 04:10:18 AM
 #11

5 years? It was launched 2 years ago.

Just checked my old records to make sure. My bad, I was talking about Armory. Almost forgot its name except for the first letter, LOL

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April 23, 2021, 05:19:59 AM
 #12

FreeWallet is a centralized wallet that's like 50x worse than storing funds on Binance or Coinbase.

As always, hardware wallets like Ledger[1] or Trezor[2] to maximize security as much as possible, and probably BlueWallet[3] as a mobile hot wallet.


[1] https://ledger.com/
[2] https://trezor.io/
[3] https://bluewallet.io/

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April 23, 2021, 08:52:46 AM
 #13

Atomic wallet is closed source. Their actual claim is they use open-source library.
Changed. That means it is hard to see any altcoin open source wallet, or is there any open source altcoin wallet?

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April 23, 2021, 10:02:35 AM
 #14

I don't understand where all these people find that Freewallet - do they have some great SEO or do they pay huge amounts of money for advertising? Fortunately, some like the OP are intelligent enough to ask first before falling into the jaws of the impossible KYC process that this service has.

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April 23, 2021, 11:54:54 AM
 #15

I am not aware of Freewallet, I am aware of Atomic Wallet as I have been using it from day one. Atomic wallet is a non-custodial multi-cryptocurrency wallet. You can use both the desktop version and the mobile version. I am using the mobile version at the moment and I have not faced any issue with it. They have great support and most of the time your issues get resolved over a chat on the telegram.

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April 23, 2021, 02:10:27 PM
 #16

I am not aware of Freewallet, I am aware of Atomic Wallet as I have been using it from day one. Atomic wallet is a non-custodial multi-cryptocurrency wallet. You can use both the desktop version and the mobile version. I am using the mobile version at the moment and I have not faced any issue with it. They have great support and most of the time your issues get resolved over a chat on the telegram.
According to some Telegram groups that I know of, their experience with Atomic wallet is not that great. There are bugs and lots of issues that keep popping up, at least until last month. I don't know whether they've fix the bugs or not, but it is definitely not the best and all-in-one wallet. If OP is looking for something like that, a hardware wallet might be a better option.

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April 23, 2021, 03:05:40 PM
 #17

Of those mentioned in your OP, Atomic, the reasons have already been given to you.
 
Atomic is the size of the shitcoin that you are going to use in "$$"(funds) it is excellent to handle amounts low and if you are going to make transactions In the shitcoin world, it works well, but be careful with the exchange or internal swap, the percentages are high, this wallet is very versatile it offers you that possibility ... if you are starting in the shitcoin world it works well, no ideal but meets the minimum requirements.

Possible additional options; if it's for bitcoin use minimal electrum, if it's for ETH and its "derivatives" Trust Wallet for everything else Atomic Wallet...


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April 23, 2021, 03:42:22 PM
 #18

Both Freewallet and atomic wallet almost have the features, have some flaws at some point and also there disadvantages but the best aspect of atomic wallet is that the team believe in the crypto community logan " Not your keys, not your coins" i.e
1) Atomic wallet provided you private keys to the wallet you use while free wallets don't.
2) Free wallet requires an email address and your name (which is against anonymous rules) but you can create an account while an atomic wallet doesn't.
3) They both provide Bitcoin legacy wallet which is not advisable during this time.


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April 24, 2021, 05:49:54 AM
 #19

Thank you.
Electrum is just for the Bitcoin Sad
I need something like Atomic Wallet. Any suggestion? I found Guarda Wallet.
 
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April 24, 2021, 06:38:46 AM
 #20

Im Atomic wallet user for almost 2 years now If I'm not mistaken I know this wallet when they introduced airdrop before and since then I use it for storing some of my coins I never had a problem with sending and receiving devs are active so you don't need to worry using Atomic, Freewalet on the other hand has some bad reviews other called this wallet a scam so better stay away and use trusted alternative like Atomic or Exodus. 

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