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Atomic Wallet integrates staking support for NEO, ONT, VET, and others

Jan 31, 2020 | Crypto Wallets

A growing portion of crypto assets provides staking functionality. Users are required to keep funds in their wallet. Atomic Wallet, a desktop client, has now built in staking support for numerous assets.

A Major Atomic Wallet Update

Cryptocurrency wallet solutions are crucial in this industry. They give users the chance of taking full control of their assets on whatever device they prefer. 

Rather than leaving funds in an exchange, having full control is preferable. That automatically extends to any staking aspect a specific crypto asset brings to the table.

More and more crypto enthusiasts hold a diversified portfolio. That also means they want to use a multi-coin wallet.

It is far easier to manage compared to juggling different applications on desktop and mobile. 

Several of these wallets exist, and Atomic Wallet is one of the more popular offerings.

In a new update, the developers introduce staking support. This means that users can keep funds in Atomic Wallet and passively generate staking rewards.

Several core assets are supported from launch. They include TRON, Ontology, NEO, VeChain, BitTorrent, and so forth.

The wallet also depicts the current yearly reward for staking.

In some cases, those rewards are very high, whereas others might be a bit lackluster. Some coins can only be obtained through airdrops as well. 

This update is something that most users will certainly appreciate. 

Images courtesy of their respective sources.

Fintoism is not providing financial or investment advice. All content published on this platform is for entertainment and educational purposes only.

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<a href="https://fintoism.com/author/oglock/" target="_self">JP Buntinx</a>

JP Buntinx

JP Buntinx is passionate about cryptocurrencies, fintech, blockchain, and finance. He currently resides in Belgium.

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