Author - Daniels Kenneth In category - Cryptocurrency exchange Publish time - 14 August 2023

how to buy cosmos coin

We offer various trading pairs for Cosmos trading through the CEX.IO Crypto Exchange. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. The whole process can take as little as 10 minutes and all you’ll need is a smartphone or computer, photo identification and a means of payment.

Most cryptocurrency exchanges will allow you to store your assets at the exchange itself. This is the simplest way to store your crypto, but it does come with some risk. Hackers pose a constant threat to exchanges, which are a choice target due to the number of transactions and assets they handle on a daily basis. Our partners cannot pay us to guarantee favorable reviews of their products or services. Finder.com is an independent comparison platform and
information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services.

Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. Cosmos can be purchased on crypto exchanges by using fiat currencies. You can buy Cosmos via Credit/Debit card or Bank Transfer directly on the exchange. To buy Cosmos on exchanges, you’ll first need to create and validate your account by giving some personal information data.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can buy Cosmos Hub. There is a growing number of charities that accept donations in Cosmos and cryptocurrency. MoonPay follows strict security measures to ensure you have a safe Cosmos purchase. Your ATOM tokens will be deposited to your account in a few minutes, if not seconds.

Cosmos Hub (ATOM) is in the top 1,000 cryptocurrencies by market cap, valued at $2,487,381,731. There are many custodial and non-custodial wallets to choose from. Cosmos network does not require every project to develop a bridge to other projects.

how to buy cosmos coin

Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. 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. Binance is one of the largest and most well-known cryptocurrency exchanges in the world. KuCoin currently offers Cosmos (ATOM) cryptocurrency trading as well as over 300 other popular tokens.

Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents. 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.

Buy Cosmos

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.

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.

Use a crypto wallet

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. KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.

  • This exchange is part of the Binance Group, which ensures a high standard of quality.
  • KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs.
  • Cosmos network does not require every project to develop a bridge to other projects.
  • If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important.
  • Like many other cryptocurrencies in 2022, ATOM has suffered during the downturn that has plagued the larger crypto market.

It is often the first to offer buying opportunities for new tokens. From humble beginnings, Kraken now offers over 200 digital assets including Cosmos (ATOM). For more sophisticated investors Kraken also offers futures and margin trading. 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. We believe everyone should be able to make financial decisions with confidence.

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.

Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. 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.

How to Buy Cosmos (ATOM) Cryptocurrency

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. Crypto wallets are a more secure option for storing your cryptocurrency.

how to buy cosmos coin

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. Centralized exchanges are easy to find and they don’t require a huge amount of technical expertise, so they’re typically a good fit for investors who are new to crypto. However, they’re usually more expensive, as most centralized exchanges charge a service fee for transactions. They also handle a large number of transactions daily, which makes them an attractive target for hackers.

Is Cosmos Hub a good investment?

Uphold is a commission-free desktop and mobile trading platform that gives you access to, and the opportunity to trade Cosmos (ATOM) and dozens of other cryptocurrencies. They have been in operation since 2014 and now boast a very credible reputation with more than 1.5 million users worldwide. Easily migrate your funds from an exchange to your hardware wallet through Ledger Live or one of our third party wallet. As a relatively young cryptocurrency, ATOM is still trying to become more popular.

When you own cryptocurrencies, what you really own is a private key, a critical piece of information used to authorize outgoing transactions on the blockchain network. Holding the private keys gives you access to your crypto, like holding a pin code to your debit card; in short it gives you access to your funds. Store your ATOM coins with one of the best and most secure digital wallets available — The CEX.IO Wallet. Moreover, if you want to use your wallets to guarantee total ownership over your assets, CEX.IO allows you to transfer your ATOM coins to your non-custodial or hardware wallet. You can buy Cosmos with a credit or debit card on a crypto exchange like Coinbase or Coinmama. You’ll need to create a Cosmos wallet (an account) and get it approved before being able to buy.

Find an exchange to buy, sell and trade ATOM by comparing deposit methods, supported fiat currencies and fees. Use your Cosmos to purchase goods and services from any participating merchant that accepts Cosmos and cryptocurrency. With over 2.5 million users worldwide in the last 5 years, CEX.IO is one of the most reputable crypto exchanges available. The services spread on Cosmos (ATOM) and other cryptocurrency ranges from 0.8% to 1.2% depending on the asset. This is the only fee you will have to think about though with Uphold being completely transparent and charging no commission.

The whole process can take as little as 15 minutes and all you’ll need is a smartphone or computer, an internet connection, photo identification and a means of payment. Cosmos Hub is a highly volatile asset capable of major price swings in a single day. Today ATOM is trading for $8.50, which is slightly up from yesterday’s trading price of $8.58. Convert your Cosmos to another cryptocurrency directly in your wallet or by using a DeFi application. After you buy Cosmos, you can transfer it to anyone across the globe, as long as you know their Cosmos wallet address. Purchase Cosmos in more than 150 countries using the local currency of your bank account.

Transfer your Cosmos to your hardware wallet.

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. Buy Cosmos instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more. 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. Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion.

How to buy Cosmos with a debit card

In the past two years, the price of one ATOM token has ranged from slightly over $1 to as high as $44. The price sits at about $12 as of this writing, but value fluctuations can happen rapidly and are not for the faint of heart. Like many other cryptocurrencies in 2022, ATOM has suffered during the downturn that has plagued the larger crypto market. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

Before Cosmos launched, blockchains were built in isolation from each other from the ground up, which took a lot of programming work. Cosmos introduced a platform that allows developers to create their own separate blockchains through a software engine called Ignite, previously known as Tendermint. Simply create an account with us, link your payment card, and your ATOM will be in your wallet shortly. Huobi Global is one of the top exchanges that currently offers Cosmos (ATOM) trading opportunities.

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