Author - Daniels Kenneth In category - Cryptocurrency exchange Publish time - 7 August 2023

how to buy atom

If you want to buy Cosmos, one of the best ways is with fiat money, meaning with a credit or debit card. Buying Cosmos with your debit or credit card will be much faster and, more importantly, simpler than doing so with another cryptocurrency. On CEX.IO, you don’t need to already own crypto or swap another crypto into ATOM.

how to buy atom

Being a crypto investor requires taking security seriously and owning your private keys gives you much more power and control. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone. The only people you can trust for storing your crypto assets is yourself. Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you. For investment, tax, or legal advice and before taking any action you should consult your own advisors.

How to Buy Cosmos (ATOM) Cryptocurrency

And here is whyInteroperability has been a significant issue in the blockchain space. While blockchain platforms like Polkadot and Avalanche are working on solutions to this challenge, they use independent bridges to connect different blockchains. Uniswap, PancakeSwap and Poloniex are examples of decentralized exchanges that allow pairings and transactions with ATOM. Decentralized exchanges allow investors to trade directly with each other without third-party oversight.

  • In the past two years, the price of one ATOM token has ranged from slightly over $1 to as high as $44.
  • Uniswap, PancakeSwap and Poloniex are examples of decentralized exchanges that allow pairings and transactions with ATOM.
  • You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you.

Uphold, the Home for Altcoins, is a global, multi-asset digital trading platform offering low fees, high security, and maximum transparency. Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market. The easiest way to buy ATOM is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature. To create an account on any cryptocurrency exchange you will need an email address.

NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances.

How to Buy Cosmos (ATOM)

Developers call this concept an “Internet of Blockchains.” The goal of the project is to allow separate blockchains to communicate with each other in a seamless manner. We may receive compensation when you click on links to products we review. Find an exchange to buy, sell and trade ATOM by comparing deposit methods, supported fiat currencies and fees. Simply create an account with us, link your payment card, and your ATOM will be in your wallet shortly. Crypto wallets are a more secure option for storing your cryptocurrency. Before Cosmos launched, blockchains were built in isolation from each other from the ground up, which took a lot of programming work.

how to buy atom

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Its native token Cosmos (ATOM) is the cryptocurrency that powers the entire Cosmos ecosystem. MoonPay offers a fast and easy way to buy Cosmos (ATOM) with credit card. Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.

How do I find the best places to buy Cosmos Hub?

Plus, the process of buying using your payment card is straightforward. By purchasing your Cosmos with a credit card, CEX.IO will instantly notify and confirm your transaction through lightning-fast payouts. CEX.IO offers an excellent opportunity to all our U.S. citizens the best place to buy ATOM online instantly. Alternatively, you can purchase Cosmos from decentralized exchanges such as Uniswap or through Peer-to-peer (P2P) transactions. However, you need to be careful when making P2P transactions and ensure you receive your Cosmos coins. But some P2P platforms provide escrow services to ensure both parties act honestly.

  • You can’t buy Cosmos directly through Ledger Live yet but you can manage & control it securely through the app.
  • CEX.IO is one of the most trusted places where you can use any debit or credit card to safely & instantly buy Cosmos and skip complicated payments.
  • They also handle a large number of transactions daily, which makes them an attractive target for hackers.
  • As a relatively young cryptocurrency, ATOM is still trying to become more popular.
  • Cosmos introduced a platform that allows developers to create their own separate blockchains through a software engine called Ignite, previously known as Tendermint.

Binance, Kraken and CEX.IO are all centralized exchanges where you can buy ATOM tokens. Centralized exchanges are companies that match buyers and sellers for cryptocurrency transactions. Similar to a stock exchange, they act as a central, governing body that oversees each transaction to maintain security and fair play between investors on the exchange.

Decide how to pay for ATOM

We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.

For more sophisticated investors Kraken also offers futures and margin trading. We list the top 6 exchanges that offer the ability to buy Cosmos (ATOM) with a credit card or debit card. Our hardware wallets are compatible with more than 1500+ different assets, including Bitcoin, Ethereum, Ripple and many more. Crypto are sensitive assets and deserve the best security solution. Our hardware wallets let you take control of your assets, with the highest security standards. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Cosmos Hub.

It is often the first to offer buying opportunities for new tokens. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site. However, decentralized exchanges can be difficult to understand, and the lack of a governing party leaves investors with little reprieve if a transaction goes wrong.

This is the only fee you will have to think about though with Uphold being completely transparent and charging no commission. Recently purchased the Nano Ledger X, and the simple, easy-to-use interface helped me to easily transfer my Bitcoins from Coinbase. Products like the Nano Ledger X will help cryptos such as Bitcoin become adopted the broader society. Cosmos Hub (ATOM) is in the top 1,000 cryptocurrencies by market cap, valued at $2,487,381,731. Cosmos network does not require every project to develop a bridge to other projects. Such a use case is unique, and it gives Cosmos the potential to be a one-of-a-kind blockchain crypto project. is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which receives compensation. We may receive compensation from our partners for placement of their products or services.

Ignite provides the core foundation on which blockchains are built — consensus mechanisms — to anyone who wishes to build their own blockchain. Each blockchain on the platform is connected through the Inter-Blockchain Communication Protocol, which allows the transfer of information between two blockchains. This means users can directly swap tokens from different blockchains through the protocol without relying on a third party.

Leave a Reply

Your email address will not be published. Required fields are marked *