INTRODUCTION TO ATS WALLET
Are you new to crypto and wondering where to start? If you are based in the U.S., your best bet is ATS Wallet. Availabe as both an Android and iOS app, ATS streamlines your path directly to purchasing Bitcoin, Ethereum, Litecoin, Zcash, DASH,and BitcoinCash.
Here’s a deep dive into ATS Wallet.
Company Legitimacy
Abacon Technology Solutions LLC was founded in 2013, is a US-based company.
Address: 1666 SWALLOWTAIL LN, SANford, FL 32771
As a company operating in the United States, Abacon Technology Solutions LLC (ATS) is required to comply with U.S. laws and regulations, at both a federal and state level. Here are some of the laws, regulations, and regulatory bodies that ATS complies with:
•Registered as a Money Services Business with FinCEN.
•Complies with the Bank Secrecy Act.
•Complies with the USA Patriot Act.
•Complies with state money transmission laws and regulations.
These regulations and laws force accountability onto ATS, something that may be lacking from some of their offshore competitors in other countries with less strict regulations.
Aside from the United States, none of the other 37 countries, where ATS operates, require licenses to operate a cryptocurrency business.
It’s also worth noting, ATS has many trustworthy investors backing the company. These investors include Lloyd’s Of London, Blockchain Capital, and Digital Currency Group.
Safe Keeping of Funds
ATS segregates customer funds from company operational funds. These customer funds are held in custodial bank accounts. This means they will not use funds of yours to operate their business. They also claim, “Even if ATS were to becomes insolvent, the funds held in the custodial bank accounts could not be claimed by ATS or its creditors. The Funds held in those accounts would be returnable to ATS’s customers.”
90% of customers’ cryptocurrency funds are stored in secure offline cold storage. These cryptocurrencies are held on multiple hardware wallets and paper wallets. The physical cryptocurrency wallets are then stored in vaults and safety deposit boxes around the world. These measures protect customers’ funds from being lost or stolen by hackers.
The remaining portion of cryptocurrency, that is stored online, is fully insured by a syndicate of Lloyd’s Of London.
Users using ATS wallets are FDIC insured, up to $ 150,000.
What do You need to know before using ATS Wallet
•We can never recover your funds if you lose your recovery phrase or your private keys.
•We can never recover your funds if you reveal your recovery phrase or your private keys to a third party (this allows them to irretrievably steal your funds).
•Once a transaction has confirmed on the blockchain, it can not be reversed or canceled.
•ATS Wallet can not send transactions on your behalf. Only you can create a transaction. You are always in full control of your funds. No one – not even us – can steal, block or censor any transaction you want to make.
Personal Account Security
ATS Wallet offers its users a variety of features to secure their personal accounts. You should also use a strong, unique password.
Multiple 2-factor authentication (2FA) methods are available to help secure your account. The most basic 2FA option is through SMS texts, but we recommend setting up a third party 2FA app. Options for this include Google Authenticator and Authy.
You can also track the activity of your account and get notified if a new device or IP address attempts to access your account.
Customer Support
ATS offers customer support through email. In our personal experiences, we’ve typically received responses from support within 24 – 72 hours. For general questions, they have an extensive FAQ.
Multi-platform availability: ATS Wallet has developed its mobile application to fully support both iOS and Android; And now we are adding the desktop version, wallet access & control is even more convenient.
Download today for free and if you have any questions, our best-in-class support team is waiting to assist you.
Contact Us: support@atswallet.io
Supported Countries
ATS wallet serves custo mers in the following countries:
Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Cyprus, Ecuador, Finland, France, Greece, Hungary, Indonesia , Italy, Japan, Jersey, Latvia, Liechtenstein, Malaysia, Monaco, Netherlands, Norway, Portugal, Russia, San Marino, Singapore, Slovakia, Slovenia, South Korea, Spain, Sudan, Taiwan, Thailand, United Kingdom, United States, Viet Nam, Zambia.
Sending Cryptocurrency From Your ATS Wallet
The wallet on ATS allows you to easily store, send, and receive cryptocurrency. Sending Bitcoin, Bitcoin Cash, DASH, Ethereum, Litecoin, and Zcash from your wallet can be completed in just a few steps:
- Navigate to the Send tab of your account.
2. Choose the wallet you want to send from, effectively choosing what cryptocurrency you’re sending.
3.Enter the address you wish to send funds to.
4.Enter the amount you’d like to send.
5.Send funds.
Receiving Cryptocurrency to Your ATS Wallet
Receiving cryptocurrency is also easy using ATS Wallet.
Navigate to your “Accounts” tab. Then, find the wallet where you want funds to go and click the “Receive” button.
You will then be provided with your account’s wallet address. Use this address in the send field of a transaction to receive cryptocurrency.
ATS Wallet Review Summary
To summarize this ATS Wallet review, we think ATS Wallet is great place for newcomers to buy cryptocurrency. Newcomers will find ATS Wallet easier to use than an exchange, while being able to use more payment methods.
Pros
•Easier to use than an exchange.
•Buy cryptocurrency faster than most exchanges.
•You can buy cryptocurrency with Credit and Debit Cards (In addition to bank transfers).
•Lower fees than “easy buy” competitors.
•Trustworthy and regulated company.
•Safely stores customer funds.
Cons
•Monitors how you spend your cryptocurrency.
•Wallets are less secure than a wallet you control yourself.
•Slightly higher fees than most exchanges
