How to Buy Cosmos (ATOM)

A Step-by-Step-Guide on 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).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate Cosmos (ATOM)

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

In order to find Cosmos (ATOM), you'll need to insert the shortname of the coin (ATOM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “ATOM/BTC” to go on.

Binance Hot To Buy Cosmos (ATOM)
Binance How to Buy (ATOM) Cosmos
Step 4 – Purchasing Cosmos (ATOM)

After you have spotted Cosmos (ATOM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are making our own Limit Order.

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

When you're glad, click on “Buy ATOM”. Your plan will be filled when a Vender sells their ATOM for the price you submitted.

Step 5 – Withdraw Cosmos (ATOM)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your Cosmos (ATOM), go to the tab called “Funds” and mouse click on “Withdraw”. Cosmos (ATOM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cosmos (ATOM) by using the given drop-down box. Put into the volumen of Cosmos (ATOM) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed Cosmos (ATOM).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (ATOM) Cosmos is safe within your wallet, you are all done.

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