AWC: Common Questions


Introduction

AWC is the native token of Atomic Wallet. You can receive AWC cashback for any exchange you make in the app, as well as stake the token to earn rewards. Don't get confused once you notice there're two AWC tokens in your coin list—we'll talk about both in this guide.

Atomic Wallet & AWC: A Brief Overview

Exchange. You can exchange the blue-labeled AWC in the Exchange tab in our app. For more details, see Where do I exchange my AWC?.
Buy crypto. AWC is unavailable for fiat purchases at this time. You can buy the yellow-labeled AWC with BNB in the Settings tab in our app.
Staking. AWC is available for staking in Atomic Wallet. Check out the Staking tab in the app and see How do I stake my AWC? for more details.

Why are there two AWC tokens in the app?

In 2019, we migrated AWC from the Ethereum to the Binance blockchain. Subsequently, 50% of the token's supply got issued under the BEP-2 protocol, which is why there are two AWC tokens listed in the app. The one based on the Ethereum blockchain ( ERC-20 AWC) features a blue icon, whereas the Binance-based token ( BEP-2 AWC/AWC-BNB) has a yellow one. 

What's the difference between the two tokens?

  • Only BEP-2 AWC can be staked. 
  • Only ERC-20 AWC can be traded via our built-in exchange for now. 

Where can I trade my AWC?

ERC-20 AWC can be traded in the Exchange tab in our app. Since this AWC a token based on the Ethereum blockchain, you'll need to have some ETH on your balance to pay the network fees for the exchange. 

For a detailed list of all the exchanges that support AWC-BNB, see Where do I exchange my AWC?

How do I swap my ERC-20 AWC for AWC-BNB?

You can swap your Ethereum-based AWC for the BNB token via our partners' swap service at a 1:1 rate. Refer to How to swap AWC for more details. 

When will I receive my AWC cashback?

Cashback isn't awarded on a per-exchange basis, so don't worry if you haven't received yours right after making a trade. We distribute AWC membership awards around the middle of each month, accounting for all exchanges made the previous month. For example, you'll receive your cashback for all the exchanges you made throughout December in the middle of January, etc.

Why have I received much less AWC in cashback than I was expecting?

There's an upper limit on how much AWC you can receive via our membership program, which you can check in the Settings tab on the left sidebar. The limit currently caps at 200 USD worth of AWC in cashback per month for our Platinum users. 

When are AWC staking rewards paid out?

AWC staking rewards are paid out weekly. You won't need to claim them, as they'll automatically get deposited to your BNB address. See How do I stake AWC? to learn more about earning passive income off your deposit. 


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