Atomic Wallet vs Blockstream Green

Comparing: two wallets
Decided by: Editorial rating
Last reviewed: 2026-08-26

Do not keep bitcoin here: over 5,500 wallets were emptied in June 2023 and the cause was never published.

Blockstream's own Bitcoin and Liquid wallet, whose 2FA cosigning multisig is its reason to exist and has been closed to new accounts since May 2025.

Verdict: Blockstream Green

Blockstream Green rates higher on our rubric: 3.7 against 1.2 for Atomic Wallet.

Criterion: Editorial rating
Atomic Wallet: 1.2
Blockstream Green: 3.7

Atomic Wallet and Blockstream Green, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Atomic Wallet and Blockstream Green compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Atomic Wallet	Blockstream Green
Editorial rating	1.2	3.7 (favoured on this row)
Status	Caution: see the review	Available
Made by	Atomic Wallet	Blockstream
Price	Free download	Free download
Who holds the keys	self-custodial, keys generated on your device and encrypted with your password	self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check
Bitcoin-only	No	No
Runs on	iOS, Android, Windows, macOS, Linux	iOS, Android, Windows, macOS, Linux
Screen	Not stated	Not stated
Connectivity	Not stated	Connects to your own node and routes over Tor with one tap, and pairs with the Blockstream Jade hardware wallet
Released	2017	2014 as GreenAddress, renamed after Blockstream acquired it in 2016
Countries on the maker's list	No published list	No published list
Last reviewed	2026-08-26	2026-08-25

Pros and cons, side by side

Atomic Wallet

What works

Keys are held on your device, so a working install still lets you move your own coins out
Desktop builds are published for Windows, macOS, Ubuntu, Debian and Fedora, with a hashsum check for the download
One app covers bitcoin and more than a thousand other assets, which is why so many people kept so much in it

What to watch

More than 5,500 wallets were drained on June 2 and 3, 2023, for over $100 million by Elliptic's count
Atomic has never published a confirmed technical cause, offering four possibilities and picking none
No compensation has been paid to the people who lost money
Its first public statements put the damage at under 0.1% and then under 1% of users, which the on-chain evidence contradicted
The first class action was thrown out in 2024 on jurisdiction rather than on the facts, and a second is now pending in California
The homepage says nothing about the incident and still runs testimonials from a man who died in 2021

Blockstream Green

What works

A cosigning key behind two-factor authentication, so a thief with your unlocked phone still cannot spend
The cosigner cannot trap your coins: a CheckSequenceVerify timelock hands each deposit back to your key alone after about 360 days
An open source recovery tool exists for the case where the 2FA service is permanently switched off
Runs on iOS, Android (Google Play and F-Droid), Windows, macOS and Linux
Pairs natively with Blockstream Jade, so the keys can live on a device instead of the phone
Open source, no documents required, and it can connect to your own node over Tor

What to watch

New 2FA Protected accounts have not been available since May 2025, which is the feature most people came for
Keeping 2FA protection on older coins means redepositing them before each timelock expires
Not bitcoin only, and Liquid balances depend on the Liquid federation rather than on bitcoin's mining
The cosigning server sees a 2FA wallet's transactions, a privacy cost single signature does not have
Three names in circulation (Blockstream Green, the Blockstream app, Multisig Shield) make guides and support articles hard to line up

Frequently asked questions

Is Atomic Wallet or Blockstream Green better?

Blockstream Green rates higher on our rubric: 3.7 against 1.2 for Atomic Wallet. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Atomic Wallet and Blockstream Green free?

Yes, both are free to download. What differs is who holds the keys: Atomic Wallet is self-custodial, keys generated on your device and encrypted with your password; Blockstream Green is self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check.

Is Atomic Wallet or Blockstream Green bitcoin-only?

Neither: both support assets beyond bitcoin. Atomic Wallet: Bitcoin plus more than 1,000 other coins and tokens, by Atomic's own count. Blockstream Green: Bitcoin on chain, Lightning, and Liquid assets including Liquid bitcoin and Tether USDt.

Does Atomic Wallet or Blockstream Green carry a warning?

Atomic Wallet: On June 2 and 3, 2023, more than 5,500 Atomic Wallet users had their balances emptied in a single coordinated event. Elliptic put the total above $100 million and attributed it to North Korea's Lazarus Group. Atomic Wallet has never published a confirmed technical cause and no compensation has been paid. The first US class action was dismissed in September 2024 for lack of personal jurisdiction rather than on the facts, and a second was filed in California in June 2025. The company's own homepage carries no mention of any of it.

The full reviews: Atomic Wallet and Blockstream Green, each with its sources, and every wallet we review.

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