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 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find Cosmos (ATOM)

As soon as your deposit has been approved, you'll now have access to your assets and you can start buying and trading. To purchase 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 cointype (ATOM) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “ATOM/BTC” to go ahead.

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

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

The ”Price” field will be filled with the most up-to-date rate Cosmos (ATOM) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of ATOM you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of ATOM.

When you are glad, click on “Buy ATOM”. Your order will be filled as soon as a Seller sells their ATOM for the price you introduced.

Step 5 – Withdraw Cosmos (ATOM)

Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time frame. To take off your Cosmos (ATOM), go to the tab called “Funds” and click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cosmos (ATOM) by using the provided drop-down box. Put into the volumen of Cosmos (ATOM) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (ATOM) Cosmos is safe inside your wallet, you're finished.
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