Whether you’re a beginner or an experienced investor, you may eventually want to withdraw your funds from Atomic Wallet and place them in a more secure solution like Zengo, where they can rest safely until the time comes for you to withdraw your money back to your bank account.
In this how-to withdraw money from Atomic Wallet guide, we’ll show you exactly how to move cryptocurrency out of your Atomic Wallet and into your Zengo wallet (from which you can later withdraw in fiat). To ensure this transfer is completed with the minimum amount of risk, be sure to follow the steps.
If you want to withdraw your funds from Atomic Wallet, you first need to set up your Zengo crypto wallet. Zengo is an innovative, Web3-ready, non-custodial wallet with state-of-the-art security features, including Multi-Party Computation (MPC) technology, Web3 firewall, and biometric protections to ensure the safety and security of your account and assets. It’s the ultimate solution for storing your crypto and NFts safely and securely, with total control and no private key vulnerability.
After setting up the Zengo app and completing the onboarding steps, just follow these instructions to withdraw from Atomic Wallet to Zengo:
Log in to your Atomic Wallet account. It can be both the desktop and the mobile app.
Head to the “Wallet” tab and pick a coin you want to withdraw. Make sure that Zengo supports this asset by making sure that it is listed in the Zengo app.
Click the “Send” button. Next, paste your receiving address into the box provided. You can find your new Zengo address by opening your Zengo app, tapping on “Actions” in the menu, then on “Receive,” and then on the desired asset.
Select the amount you wish to transfer. Next, adjust the fee by using the “Set Fee” button.
Finally, click “Send” to complete the withdrawal. In the event that you are required to complete any additional security checks, please make sure you follow all of them in the letter.
To confirm the safe arrival of your funds, open the Zengo app. Check your balance on the main balance page. Alternatively, you can tap on the “History” button on the main menu for an in-depth overview of your most recent transactions.
Zengo provides superior digital asset security, using biometric facial recognition software in favor of outdated, complicated seed phrases. So even if you lose or upgrade your device, with Zengo’s recoverability option, you will have no trouble regaining access to your account. Zengo also uses the power of MPC technology to safeguard all of your investments, as well as a Web3 firewall for even more protection when interacting with Daaps.
While other services control how and when you can access your digital assets, Zengo is completely non-custodial. This gives you complete control over all of your crypto funds and NFTs. Plus, with Zengo’s seamless fiat onramp services, you can use your wallet to diversify your crypto portfolio in a simple and straightforward way.
With Zengo, you won’t have to worry about dealing with useless chatbots. We have a dedicated team of human support agents ready to assist with any issues or problems you might encounter. Our support service is available via chat and email 24/7, all year long.
Withdrawing from the Zengo wallet app to other wallets or fiat is fast and seamless. First, open the app, then tap “Actions,” and hit the “Send” button. Pick whichever cryptocurrency you want to withdraw and select the amount. Finally, enter the receiving address and be sure to double-check all the details before sending.
Zengo also enables you to withdraw your crypto as fiat currency, with USD, GBP, and EUR options. If you wish, you can do this by tapping on the “Actions” tab on the main menu. Then, click on “Sell,” pick a crypto you want to withdraw and a fiat currency you wish to receive, then enter the amount before confirming. If the requested asset is not offered for sale, then swap it for a more common asset and then withdraw to fiat.
Below are answers to frequently asked questions concerning cryptocurrency and fiat withdrawals from Atomic Wallet.
Atomic Wallet is a decentralized crypto wallet available on both mobile and desktop that allows users to buy, sell, and store more than 1,000 different cryptocurrency tokens. It strives to offer a simple and convenient solution for crypto investors. It also supports staking for users to earn passive income and the ability to buy leading cryptocurrencies with their bank cards. It was released back in 2018, with Konstantin Gladych in the role of CEO.
Both Atomic Wallet and Zengo are non-custodial crypto wallets, and therefore they share some similarities in terms of basic features and functionalities. However, there are some notable differences worth mentioning. Atomic Wallet is primarily focused on simplicity, a wide range of assets, along with staking options. Zengo, on the other hand, in addition to a straightforward user interface alongside its 24/7 customer service, aims to provide the safest environment possible for its users with its state-of-the-art security technology. What’s more, Atomic Wallet does not support withdrawals to fiat, while Zengo does via its trusted partners.
According to their website, Atomic Wallet doesn’t charge extra fees for transactions. However, you will have to pay blockchain network fees whenever you wish to withdraw from Atomic Wallet. The size of the fee can vary based on network conditions. Users may also adjust the fee using the “Set fee” button when making a transfer, but it will delay the withdrawal if you lower the fee.
Atomic Wallet does not have any withdrawal limits at this time. This means that you’re able to transfer as much money as you like from place to place. Keep in mind that you will still need to cover the necessary network fees.
Withdrawals from Atomic Wallet may be complete in an hour or two, or they could take several hours or even multiple days, depending on the cryptocurrency, network conditions, and the amount of gas fees you have paid for your withdrawal.
There are some issues that users may run into when withdrawing funds from Atomic Wallet, such as connection problems, which can be addressed by reloading the wallet or checking the internet connection. Users may also encounter problems if they lack specific tokens needed for transaction fees or if they attempt to withdraw more than they have in their account without accounting for network fees or minimum unspendable balances. Furthermore, mistakes such as entering an incorrect address can lead to loss of funds. Therefore, be sure to verify all details before taking any action so the transaction goes smoothly. If you encounter any difficulties, you can submit a support request to Atomic Waller.
As of June 2023, Atomic Wallet does not support fiat withdrawals. If you want to withdraw money from this wallet to a fiat currency, like US dollars, Euros, or Pounds, you’ll have to first transfer your crypto to Zengo (or another wallet or exchange that supports a fiat offramp gateway). You can then withdraw directly from Zengo to your bank account in fiat currency.
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