Cosmos (ATOM) is the cosmos-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 51 based on market capitalization on CoinMarketCap, with a market capitalization of 2076958553 recorded at the time of writing. ATOM has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Cosmos. They wish to invest or purchase Cosmos (ATOM), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Cosmos. Regardless of your location, Bitrue can provide you with a simple and secure way to buy ATOM.
Where and how to buy Cosmos
When it comes to purchasing Cosmos (ATOM), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Cosmos in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased ATOM will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Cosmos (ATOM) through Bitrue.
Alternative methods to acquire Cosmos
Apart from directly buying Cosmos (ATOM), what are the alternative methods to acquire Cosmos ?
Fixed Auto-Investment in ATOM
Regularly invest a fixed amount at scheduled intervals in Cosmos (ATOM) digital assets, enjoying both short-term returns and long-term benefits.
Staking ATOM
Flexible staking of Cosmos (ATOM) digital assets to earn interest or high returns in other cryptocurrencies.
Get Cosmos (ATOM) for free
If you have enough time, you can obtain Cosmos for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Cosmos (ATOM).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Cosmos.
- All cryptocurrency airdrops and rewards can be exchanged for ATOM through coin-to-coin exchange or spot trading.
How to keep your Cosmos safe and secure
Once you have purchased Cosmos, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Cosmos and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Cosmos wallets, you also have the option to store Cosmos (ATOM) separately in a personal encrypted wallet. This wallet serves to keep your Cosmos secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Cosmos, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Cosmos encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Cosmos?
Cosmos (ATOM) is a cryptocurrency . Cosmos has a current supply of 281,768,507.465919 with 223,983,904.465919 in circulation. The last known price of Cosmos is 38.78536464 USD and is up 6.89 over the last 24 hours. It is currently trading on 185 active market(s) with $805,906,242.95 traded over the last 24 hours. More information can be found at https://cosmos.network/.
How many Cosmos are there in total?
The total supply of Cosmos is 390,934,204 and the Circulating Supply is 390,934,204 .
Why are people buying Cosmos?
People buy Cosmos for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Cosmos serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Cosmos include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Cosmos?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase ATOM.
Should I buy Cosmos?
Deciding whether to buy Cosmos depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Cosmos investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Cosmos (ATOM) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Cosmos?
Generally, buying Cosmos digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 ATOM?
To purchase 10 ATOM, the cost in USD would be $56.98.
What are the fees for buying Cosmos?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy ATOM?
Currently, Bitrue does not support purchasing ATOM or adding fiat currency using Apple Pay.
How to use Google Pay to buy ATOM?
Currently, Bitrue does not support purchasing ATOM or adding fiat currency using Google Pay.
What can I do with Cosmos?
You can use Cosmos to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Cosmos?
If your Bitrue wallet does not hold Cosmos, you need to deposit ATOM into your Bitrue account. If you already have ATOM, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of ATOM you want to sell, select the selling price, confirm the sell order, and once your ATOM is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Cosmos (ATOM) worth 1 US dollar?
In theory, Cosmos (ATOM) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for ATOM is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.