Discover how to buy Cosmos (ATOM) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Cosmos (ATOM) is currently at
$2.3760
$0
Last updated on --.
How can I buy Cosmos on OKX?
Whether you're new to crypto or an experienced trader, you can buy Cosmos using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Cosmos
Select Cosmos and buy using your chosen method.
Step four
Receive your Cosmos
Confirm your purchase and store your Cosmos in your portfolio.
What's Cosmos?
Cosmos is like a big puzzle that helps different blockchains talk to each other. Imagine each blockchain as a piece of a puzzle, and Cosmos is the table where they all fit together. It exists to make sure these blockchains can share information easily, solving the problem of isolation and making the internet of blockchains possible. This helps create a more connected and efficient digital world.
How can I buy Cosmos?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Follow the instructions to verify your identity. 2) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 3) Once your account is funded, navigate to the trading section, search for Cosmos, and place a buy order by entering the amount you wish to purchase.
Why do people buy Cosmos?
People buy Cosmos because it helps blockchains communicate, making them more useful. It supports a network where different blockchains can share data and work together, enhancing their functionality. Cosmos is widely adopted in the industry for its ability to connect various blockchain ecosystems, making it a practical choice for those interested in blockchain technology and its real-world applications.
Things to know before buying Cosmos in the United States
In the United States, cryptocurrencies like Cosmos are legal but regulated. You must complete KYC/AML verification when setting up your account. Tax implications include reporting capital gains if you sell Cosmos for more than you paid, and income tax on any earnings from staking. Always consult a tax professional for detailed advice on your specific situation.
What are other ways to own Cosmos?
You can obtain Cosmos through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward you for learning about crypto. Staking Cosmos can earn you rewards, and some platforms offer tokens for providing liquidity or completing tasks like referrals. Each method requires effort and understanding of the risks involved.
How can I store my Cosmos?
To keep your Cosmos safe, you can use custodial wallets, where a service holds your tokens, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your wallet, keep recovery phrases secure, and consider proof of reserves for added security. Choose the storage option that balances security and convenience for you.
Why should I buy Cosmos on OKX?
Learn more about the security measures keeping your Cosmos safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Cosmos (ATOM)
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How to get Cosmos for free
Invite friends, earn rewards
See how you can get free Cosmos when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Cosmos grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Cosmos
Take advantage of price fluctuations and trade your Cosmos for other cryptocurrencies.
Send Cosmos
Send your Cosmos anywhere, anytime with fast, low-cost transfers.
Spend Cosmos
Use your Cosmos to pay for goods, services, and experiences seamlessly.
Hold Cosmos
If you think your Cosmos will increase in value, you can hold onto it.
Sell Cosmos
Convert your Cosmos to cash quickly and securely.
How to buy Cosmos (ATOM) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Cosmos ATOM safely on a trusted exchange like OKX.
Choose the best exchange to buy Cosmos (ATOM) depending on your individual needs. Factors to consider when picking the best place to buy Cosmos (ATOM) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Cosmos. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Cosmos (ATOM), as well as fiat withdrawal options.
This depends on the method you use to convert Cosmos (ATOM) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.