How to Buy Cosmos (ATOM)

Step 1 – Signup to Kraken

You'll first need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find Cosmos (ATOM)

As soon as your deposit has been verified, you'll directly have access to your funds and you can commence invest and trading. To invest in Cosmos (ATOM) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find Cosmos (ATOM), you will need to put the shortname of the coin (ATOM) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “ATOM/BTC” to go on.

Step 4 – Purchasing Cosmos (ATOM)

After you've spotted Cosmos (ATOM), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most recent price Cosmos (ATOM) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of ATOM you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of ATOM.

If you're happy, make a mouse click on “Buy ATOM”. Your order will be filled when a Vendor trades their ATOM for the price you gave.

Step 5 – Withdraw Cosmos (ATOM)

Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. To take off your Cosmos (ATOM), hover over the ”Funds” tab and mouse click on “Withdraw”. Cosmos (ATOM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Cosmos (ATOM) by using the provided drop-down box. Enter the amount of Cosmos (ATOM) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.