Cosmos is a decentralized blockchain interoperability system allowing multiple parallel blockchains to network and share data. Developers Jae Kwon and Ethan Buchman launched Tendermint in 2014, which led to the algorithm behind Cosmos and its white paper in 2019. Tokens on the Cosmos network are known as ATOM. Cosmos is backed by the Interchain Foundation (ICF). This Swiss non-profit finances open-source blockchain projects and raised over $25 million at ICO (its initial coin offering) and in initial funding rounds. It aims to solve issues facing cryptocurrencies, such as scalability and usability. On this Page:Contents [show] How to Buy Cosmos at eToro Choose an exchange – we recommend eToro as it’s FCA, ASIC, and CySEC regulated. Create an account Deposit funds into your account Search ‘Cosmos’ (ATOM) in the drop-down menu Click ‘Open Trade’ and select an amount of ATOM to buy Best Places to Buy Cosmos in 2023 Invertir Invest $ = Bitcoin Actualizar More Filters Close Filters Sort By Rating Price 1 Provider that matches your filters Providers that match your filters Payment methods Bank Transfer Credit Card Giropay Neteller Paypal Sepa Transfer Skrill Sofort Features Instant Verification For Beginners Wallet Service Mobile App Usability Very Good Good Average Bad Support Very Good Good Average Bad Rates 1or more Security 1or more Selection of Coins 1or more Classification 1or more Remove Filter Apply Filter No results found Trying adjusting the filter to see some results. Rating with $1000 you receive 0.0576 BTC What we like Easiest to deposit Most regulated Copytrade winning investors Rates Security Selection of Coins Features Payment methods with $1000 you receive 0.0576 BTC Read Reviews Visit Site Read Reviews 68% of retail CFD accounts lose money. Compare Cryptocurrency Exchanges Binance Visit Site As with any asset, the values of digital currencies may fluctuate significantly.... Coinbase Visit Site The value of digital currencies can go up or down frequently.... AvaTrade Visit Site 71% of retail CFD accounts lose money.... Libertex Visit Site 74% of retail investor accounts lose money when trading CFDs with this provider.... Rating4.54.54.55 For Beginners Instant Verification Mobile App Wallet Service Coin Selection 0 0 0 0 Rates Trading fees 0.1%0.50%SpreadsSpreads Deposit fees N/AN/AN/AN/A Withdrawal fees N/AN/AN/AN/A Additional features Regulated FCAFCACBI, MiFIDCySEC Min.Deposit $10$2$100100 EUR Leverage 1 - 100xN/A1 - 30xN/A Latest prices by currency Bitcoin $26656$26656$26656$26656 Ethereum $1593.32$1593.32$1593.32$1593.32 XRP $0.509431$0.509431$0.509431$0.509431 Tether $0.999766$0.999766$0.999766$0.999766 Litecoin $64.68$64.68$64.68$64.68 Bitcoin Cash $208.12$208.12$208.12$208.12 Chainlink $6.69$6.69$6.69$6.69 Cardano $0.245706$0.245706$0.245706$0.245706 IOTA $0.148056$0.148056$0.148056$0.148056 Binance Coin $211.18$211.18$211.18$211.18 Stellar $0.114845$0.114845$0.114845$0.114845 Bitcoin SV $31.25$31.25$31.25$31.25 Payment methods Bank Transfer Credit Card Giropay Neteller Paypal Sepa Transfer Skrill Sofort How to Sign Up at eToro – Full Step-by-Step Guide Opening an account with a broker company is the first step to learning more about buying Cosmos. Finding a broker who has access to the blockchain is critical, as Cosmos is listed on the Blockchain network. A few of the most prominent crypto brokers in the United Kingdom have been discussed in this article. We recommend eToro as it’s the most straightforward and cost-effective broker to buy Cosmos. Step 1: Open an Account To begin, go to the eToro website and click the “Join Now” button in the middle of the screen to create a trading account. Enter the following information for yourself: Full name Nationality DOB Address Contact Details Username and Password How to create an account on eToro Visit eToro Your capital is at risk. Step 2: Upload ID To comply with government rules, eToro will ask for a copy of your driver’s license or passport to verify your stated identity. You’ll need a copy of your most recent utility bill or bank statement to double-check the address provided. Once the documents are uploaded, the verification will take place of its own accord. Step 3: Make a Deposit eToro requires a minimum deposit of $50, which can be made in a variety of ways, including: Debit cards Credit cards Bank transfers Skrill PayPal Neteller eToro doesn’t charge a deposit fee. This is less expensive than some key competitors, such as Coinbase, which charges 3.99 percent to buy Bitcoin with a debit card. How to fund your eToro account via, e.g., Paypal Furthermore, there is no transaction fee if you are a US resident and deposit funds using a USD-backed payment method. The minimal deposit is $50 for US residents and $200 for most other nations. The excellent news is eToro allows direct Cosmos purchases; thus, you can simply open an account, deposit funds, and buy ATOM. Aside from a bank transfer, all deposit methods immediately credit your funds to your account. Step 4: Search for Cosmos At this point in our step-by-step guide, you should have a funded eToro account. It is now time to purchase Enjin (ENJ). Entering ‘ENJ’ into the search box at the top of the page is the simplest way to achieve this. The procedure begins with entering the login and password into the account. In the search box, type Cosmos or ATOM. The popped-up search results will display a list; investors must select the desired cryptocurrency by clicking on it. Lastly, click the ‘Open Trade’ button to complete your investment. Step 5: Buy Cosmos (ATOM) You can now purchase Cosmos by entering the amount you want to invest ($25 minimum) in the ‘Amount’ box. Then, click the ‘Trade’ option and input the money you want to put into the coin. Finally, clicking ‘Open Trade’ will activate the operation, resulting in a successful investment in Cosmos coin. Best Broker to Buy ATOM in the UK As of 2023, eToro, founded in 2007 and based in the United Kingdom, had over 20 million members in around 100 countries. It includes millions of registered users in 43 US and Washington, DC. eToro began as a graphics-intensive forex platform and has updated those cryptocurrency trading tools. Today users can trade further asset classes, for instance, stocks, ETFs, and commodities. ATOM is listed on eToro, so you can buy Cosmos and trade it directly on eToro’s platform. Initial Deposit eToro users can start trading for a minimum deposit of $50, and its trading platform allows investors to copy trade selected traders with a track record of beating the markets. There’s also a copy portfolio service where you can replicate a specific portfolio allocation rather than follow a trader, e.g., 30% ATOM, 20% Ethereum, and 50% Bitcoin. Both of these features come with no management fees. Various Payment Options Traders can pay with credit/debit cards, bank transfers, or e-wallets like PayPal, Skrill, VISA, or Neteller. Another fascinating tool eToro provides is the ability for investors to buy and sell fractions of equities. For all beginners, traders can acquire a fraction of stocks rather than a single share of a company using their eToro share trading account. Regulation eToro is regulated in the United Kingdom (UK) and worldwide, with licenses from ASIC, the Financial Conduct Authority (FCA), and CySEC. Furthermore, eToro is a member of the Financial Services Compensation Scheme (FSCS) , which safeguards the first £85,000 of investors’ cash in the event of the bankruptcy of the broker. On eToro, buying and selling can be done online and on mobile devices via their app. Opening an eToro account is simple and takes only a few minutes. Payment can be made using various methods, including debit/credit cards, e-wallets, bank transfers, and Paypal. Pros & Cons of the eToro platform: eToro offers both copy and social trading. ASIC, the FCA, and CySEC are in charge of regulation. eToro accepts Skrill, VISA, Neteller, and PayPal. Offers to buy CFDs in addition to stocks. A well-known trading app for mobile devices. There are no commissions in trading stocks. User-friendly user interface in graphical form (graphical user interface) stockbroker. Performing in-depth technical studies may be challenging for experienced traders. Visit eToro Your capital is at risk. 2 – Binance Binance is the largest cryptocurrency exchange in the world in terms of daily trading volume. It was established in 2017 and is based in the Cayman Islands. Changpeng Zhao, a developer who previously designed high-frequency trading software, launched Binance. It was founded in China but relocated its headquarters because the Chinese government threatened to ban Bitcoin. The main benefit of Binance is the number of altcoins on offer and the low trading fee – maker and taker fees are 0.1 percent, or 0.075% when using BNB to pay for fees, which is lower than Coinbase. If you put in a high volume, it gets cheaper to trade as those fee percentages are further reduced. Expert traders can use Binance’s futures and margin trading features to trade altcoins with leverage. Binance’s high liquidity is another reason why it is popular – it’s possible to get filled on large orders without slippage, and there are fewer wicks than on smaller exchanges. Professional cryptocurrency traders have found a home on Binance, which has one of the fastest order execution speeds and institutional-grade research reports. Over-the-counter (OTC) trading between private parties was launched in 2019 for more than 20 (USD 1 million) BTC trades. Many new coins and trading pairs were created due to an incubator lab for blockchain startup ideas and a launchpad for ICOs. Binance has over 313,000 daily active users. The good news is you can buy Cosmos (ATOM) and trade it on Binance. The Cosmos network upgrade & hard fork was listed on 28 Jan 2021. Pros & Cons of the Binance platform: Liquidity is excellent. Security characteristics are second to none. Professional traders have access to a wide range of high-quality products. Credit card deposits have high fees. Visit Binance 3 – Coinbase Coinbase was founded in San Francisco about a decade ago; one of the world’s foremost cryptocurrency exchanges went public in April and is currently valued at around $50 billion, around the same as Hyundai. Coinbase hit that market valuation as cryptocurrency demand increased, fueled by thousands of stimulus dollars and long hours at home quarantine. When Covid-19 struck America, Bitcoin, the most popular digital currency, was worth less than $5,000, compared to roughly $50,000 a little more than a year later. ATOM began trading on Coinbase Pro on Tuesday, February 14. ATOM is supported in all Coinbase-supported jurisdictions. Previously, transfers were only available during business hours, Pacific Standard Time. Once sufficient ATOM supply was produced on the platform, trading on the ATOM/USD and ATOM/BTC order books commenced in stages, starting with post-only mode and progressing to full trading once our parameters for a healthy market were reached. ATOM support will be available immediately in all Coinbase-supported jurisdictions. Pros & Cons of the Coinbase platform: It provides you with passage to more than 50 cryptocurrencies. To fund an account, a low minimum is required. Cryptocurrency is safe if a website is hacked. Fees are higher than on other Bitcoin exchanges. Visit Coinbase 4 – Bitfinex Bitfinex is a cryptocurrency exchange based in Hong Kong that has operated since late 2012. Bitfinex has the world’s most liquid order book. For traders, high volume is vital because it provides a low spread, the gap between the best bid and asks prices. Bitfinex has an advanced, customizable graphical user interface, over 50 trading pairs (for example, BTC/ETH), and numerous order types such as limit, market, stop, stop-limit, trailing stop, fill or kill, and scaled orders. The trading platform UI on Bitfinex can be customized. You will also have access to advanced charting features and API access. These characteristics combine to make it a popular exchange among more experienced Bitcoin dealers. For example, funding and Margin Trading Users of Bitfinex’s P2P (Peer to Peer) margin trading platform can borrow and trade with up to 3.3x leverage. Borrowing terms (amount, length, and interest rate) can be set by the user or determined automatically by Bitfinex. On the other hand, Cryptocurrency owners can securely lend their cash to traders to earn interest. Users can offer funding in various currencies and assets at the rate and length of their choosing. Warning: Margin trading increases both upside and downside risks and is unsuitable for inexperienced traders. Margin funding secures your funds on Bitfinex for the term of the loan. Fees on Bitfinex – Bitfinex operates on a taker-maker fee scheme, meaning customers who complete current orders are considered takers, while traders who place new limit orders are called makers. Fees for takers begin at 0.2 percent and reduce as low as 0% for large manufacturer orders. There is no trading cost for big orders placed through the OTC desk. Bank wires carry a 0.1 percent deposit and withdrawal fee, which might increase to 1% if you need an expedited withdrawal. Deposits of cryptocurrency usually are free of charge. However, withdrawals may incur a modest cost depending on the currency withdrawn. Bitfinex listed Cosmos back on April 15, 2021. ATOM will be available to trade with US Dollars (ATOM/USD) and Tether tokens (ATOM/USDT). Pros & Cons of the Bitfinex platform: Suitable for seasoned traders. Over 100 crypto coins are supported. Ethical- reimbursed all damages incurred by traders due to the exchange’s 2016 bitcoin breach. Liquidity is very high. Allows for wire deposits and withdrawals from banks. There is no regulation. Citizens of the United States are not accepted. Expensive trading commissions Email is the only way to contact the support team. Visit Bitfinex 5 – KuCoin KuCoin established itself as a one-stop shop for all sorts of cryptocurrency activities. Since its inception in August 2017, the KuCoin exchange has developed to include over 200 cryptocurrencies and 400 markets, making it one of the most vibrant crypto hubs online. It provides bank-level security, a slick interface, a user-friendly UX, and a wide range of crypto services, including: Margin and futures trading A built-in P2P exchange Ability to buy crypto with a credit or debit card Instant-exchange services Ability to earn crypto by lending or staking via its Pool-X Opportunity to participate in new initial exchange offerings (IEOs) via KuCoin Spotlight Besides, KuCoin has some of the lowest fees because it lists small-cap cryptocurrencies with significant upside potential, has a vast range of coins, lesser-known cryptos, and solid profit-sharing incentives. For example, up to 90% of trading fees are returned to the KuCoin community via KuCoin Shares (KCS) tokens. Trading Fees – Kucoin’s trading fee structure is pretty straightforward. The platform charges 0.1 percent to both makers and takers, making it one of the cheapest cryptocurrency exchanges online. If you own the platform’s native Kucoin Shares tokens, you can further minimize your fees. KuCoin listed Cosmos (ATOM) on May 24, 2019, and supported trading pairs include ATOM/BTC, ATOM/ETH, and ATOM/USDT. Pros & Cons of the Kucoin platform: 24/7 customer support No forced Know Your Customer (KYC) checks User-friendly exchange Low trading and withdrawal fees Vast selection of altcoins Ability to buy crypto with fiat Ability to stake and earn crypto yields No bank deposits Complicated interface for newbies No fiat trading pairs Visit KuCoin 6 – Bybit Bybit, founded in 2018, is a forward-thinking, rapidly expanding cryptocurrency derivatives exchange. A team of individuals with experience in investment banking and the forex sector formed the organization. Bybit’s headquarters are in Singapore, and the company is registered in the British Virgin Islands. It promises a worldwide economy and offers a trading system that appears to be fast, secure, and transparent. It has set out on a quest to create the next-generation financial ecosystem powered by innovative and powerful blockchain technology. With over 1.6 million Bybit users worldwide, whether retail or professional clients, Bybit stays customer-focused and strives to give the greatest user experience possible. There are numerous similarities between the exchangers. Bybit has included several distinguishing characteristics that may make them appealing. Bybit exchange provides three contract alternatives for trade derivatives products, including Bitcoin and other cryptocurrencies: Inverse Perpetual USDT Perpetual Inverse Futures It provides access to various trading tools, including cross and isolated-margin trading. In addition, Bybit provides 100X leverage trading, which is not adjustable when used with the cross-margin option. Limit orders, conditional or conditional limit orders, stop-loss orders, and advanced orders such as Good till Cancelled, Immediate or Cancel (IOC order), and Fill or Kill are all supported by Bybit. Moreover, Bybit offers a variety of data analysis tools for accessing data, including price moving averages, moving average indicators, and monthly price ranges. It also contains funding information, individual index prices, a rolling volatility chart, BTC daily realized volatility, market analysis, and recent news. It offers the crypto community a superb trading experience with an easy-to-use user interface. Market takers pay 0.075 percent, while market makers pay -0.025 percent. As a result, they will be compensated when a market maker opens a transaction. This low cost encourages market makers to stay active and fill the order book. Pros & Cons of the Bybit platform: A new user does not require KYC. It is simple to begin trading. Bybit leverage is extremely high, with low trading fees and a market maker rebate. Contracts for Derivatives are settled in Coins and USDT. Up to 100x leverage on crypto Advanced tools supported by great technology Risk-free test environment to learn and experiment Educational resources Not available in the US Crypto derivatives are extremely risky Not suited to spot trading May share your data with third parties for marketing Visit Bybit What is Cosmos (ATOM)? Cosmos (ATOM) is a decentralized ecosystem of separate blockchains that All In Bits Inc (dba Tendermint Inc) expects will lay the groundwork for the next generation of internet technologies. Rather than participating in crypto faction wars, Cosmos links them all together, enabling interoperability, currency exchanges, and an Internet of Blockchains (IoB). Atom (ATOM) is the network’s proprietary staking coin tokenizing transactions. In simple words, Cosmos is a cryptocurrency blockchain project whose goal is to solve some of the issues preventing cryptocurrencies from becoming more widely accepted. These are a few of the issues: Scalability: As a blockchain’s transaction volume grows, the traditional proof-of-work algorithm takes longer to process each transaction. The native Tendermint BFT byzantine fault-tolerant consensus engine in Cosmos tries to overcome this problem. Usability: Blockchain projects are complex, and even experienced software developers find using and deploying them challenging. Developers can use the Cosmos SDK platform to create a more flexible framework for incorporating blockchain technology into their projects. Compatibility: Cryptocurrencies based on various blockchains often cannot “communicate” or exchange data. The IBC Protocol from Cosmos is a messaging-like protocol that makes blockchains more compatible. The Cosmos token, ATOM, powers the network’s functionality and can be purchased and sold on several major exchanges. Cosmos was established in 2014, and because of its unique structure, it quickly soared through the ranks of cryptocurrency initiatives. With a market capitalization of around $1.56 billion, Cosmos is currently the 61st largest cryptocurrency by total market capitalization. Is it Worth Buying Cosmos in 2023? Cosmos (ATOM) has entered a period of uncertainty, leaving investors questioning its performance and overall value. The coin’s price charts are showing declines, accompanied by a decrease in the blockchain’s usage over the past month. On August 7, a glimmer of hope arose when LunarCrush, a crypto data analytics platform, highlighted several bullish factors that positively impacted Cosmos. This raises the question: Can these factors potentially reshape ATOM’s trajectory in the upcoming days? Artemis, a provider of blockchain data, brought attention to a concerning trend regarding the decline in Cosmos’ blockchain usage. The number of active addresses daily has noticeably decreased in recent weeks. Concurrently, there has been a decline in the daily transactions conducted on the blockchain, indicating reduced participation within the network. The network value dropped, as evidenced by the decreasing Total Value Locked (TVL) metric. After reaching its peak in May 2023, the TVL experienced a downward spiral. Despite these challenges, Cosmos managed to maintain a robust social presence. According to Cosmos Daily’s weekly report, social engagement saw an impressive increase of 199%. The sentiment surrounding the token took a bullish turn, surging by over 80%, according to Santiment’s data. Additionally, social volume remained high, accompanied by an improvement in weighted sentiment, creating an optimistic outlook for the blockchain. LunarCrush’s latest data brought a glimmer of hope. Combining Cosmos’ Galaxy Score and Alt Rank, their metrics hailed ATOM as the “coin of the day” on August 7. However, it remained to be seen if this recognition would translate into positive movements in the price charts. Regrettably, the recent performance didn’t quite align with the initial optimism. CoinMarketCap reports that ATOM has experienced a decline of over 2.5% in the past week. Currently, the coin is trading at $8.56, with a market capitalization exceeding $2.9 billion. Although some bullish indicators have appeared on the daily chart, such as the Relative Strength Index (RSI) and the Chaikin Money Flow (CMF), the Exponential Moving Average (EMA) Ribbon continues to favor the bears. Source: CoinMarketcap Investors in the derivatives market appeared interested, as indicated by the positive Binance funding rate for ATOM. Additionally, open interest remained relatively stable, hinting at the potential continuation of the coin’s current price trend. Furthermore, Cosmos’ ecosystem has attracted numerous projects, which could be pivotal in the coin’s growth. Despite the mixed signals, the crypto community remains curious about Cosmos’ potential trajectory in the ever-fluctuating market landscape. Will the Price of Cosmos Go Up in 2023? In the world of cryptocurrency, all attention is currently centered around Cosmos (ATOM). Investors and enthusiasts eagerly await its price movement in 2023. Reflecting on its past, this digital asset has undergone significant fluctuations in value and witnessed notable market developments. In early 2021, the crypto market experienced an upswing, driving ATOM’s value to $32.14 by May 12. However, as summer approached, a downward trend emerged. By September of that same year, Cosmos staged an impressive comeback, reaching its all-time high at $44.70. The year concluded with a minor decrease, leaving ATOM at $32.47. The momentum continued into 2022. The cryptocurrency surged to $44.45 in January, signaling a promising start. However, Cosmos faced challenges later due to its partnership with Terra, another cryptocurrency. Unfortunately, the collapse of Terra resulted in a downward spiral for ATOM’s value. After undergoing a recovery period, Cosmos faced the unsettling news of FTX’s bankruptcy—a prominent player in the cryptocurrency industry. This unfortunate event led to a significant 70% loss, causing the end-of-year price to plummet to $9.34. However, as the year turned to 2023, Cosmos began with renewed hope and started February at $15.36. However, this hopeful outlook encountered obstacles as the U.S. Securities and Exchange Commission (SEC) labeled ATOM unfavorably. This unfavorable classification caused Cosmos’ value to decline, with the token dropping below $10 by June {after trading was suspended on Crypto.com. Source: CoinMarketcap Fortunately, Cosmos experienced a recovery, with its value reaching $10 on July 3. The, the introduction of Ripple’s XRP caused a brief increase, pushing ATOM’s price up to $10.27 on July 13. However, this upward trend proved to be short-lived as the cryptocurrency eventually stabilized around $9.20 by July 24. The growth of Cosmos is driven by the increasing integration of numerous projects into its ecosystem. Essentially, Cosmos acts as a blockchain platform specifically designed to address the challenge of interoperability among independent blockchains. This uniqueness positions Cosmos to enable seamless communication and data exchange across interconnected blockchains. The Interchain Communication Protocol (IBC) is central to this capability, facilitating secure and trustless interaction among various blockchains within the Cosmos network. However, recent events have caused concern for Cosmos. The Securities and Exchange Commission’s (SEC) classification of ATOM as a security about the Binance lawsuit has introduced uncertainty into the project. To tackle potential legal consequences head-on, Cosmos has proactively sought legal expertise to navigate this situation. This strategic move aims to ensure swift and effective responses should the court seek clarity on ATOM’s status. The aftermath of this lawsuit has had a tangible impact on Cosmos, with the potential delisting of ATOM from some exchanges being a major blow. Experts predict the lawsuit’s ripple effects could lead to an 18% price decline over the past month. The tumultuous journey of Cosmos and its recent market fluctuations underscore the fierce competition within the cryptocurrency landscape. The native ATOM token’s resilience can be attributed to Cosmos’ focus on seamless blockchain interoperability. As Cosmos continues its mission to enhance blockchain connectivity, the potential for ATOM’s future appreciation remains a compelling opportunity for wealth generation in the dynamic world of cryptocurrencies. Buying Cosmos (ATOM) as a CFD Product CFD trading is described as “the purchasing and selling of CFDs,” with the term “CFD” standing for “contract for difference.” CFDs are derivative products since they allow you to speculate on financial markets such as stocks, currencies, indexes, and commodities without owning the underlying assets. Instead, when you trade a CFD, you agree to swap the difference in the price of an asset between the time the contract is opened and the time it is closed. One of the key advantages of CFD trading is that you can bet on price changes in either direction, with the amount of profit or loss you make depending on how accurate your forecast is. Finally, Contract for Difference trading has entered the cryptocurrency industry, and Cosmos (ATOM) is now available as a CFD product. If you’re having trouble understanding bitcoin trading and where to keep your crypto funds, you may use CFDs to profit from Cosmos (ATOM). We recommend trading Cosmos (ATOM) CFDs on the Binance or Coinbase platforms since these are regulated and allow you to choose from various analytical tools. Cosmos ATOM Price Predictions – Where Does ATOM Go From Here? As more organizations incorporate blockchain technology into their processes, the need for a platform that allows blockchains to communicate with one another grows. Cosmos is one of these systems, with its native currency, ATOM, aiming to create an “Internet of Blockchains” in the following years. According to our projections, long-term growth is expected in Cosmos coin. Cosmos Price Prediction 2023 Experts are maintaining their bullish outlook toward Cosmos. As per their predictions, Cosmos will be around $20 by the first half of this year and about $24 by the end of this year. Cosmos Price Prediction 2024 The average price of Cosmos is expected to be around $16 in the year 2024. The coin will maintain its steady price range due to its strong fundamentals. Cosmos Price Prediction 2025 Experts are hopeful that Cosmos will maintain an average price of $30 by the year 2025. This crypto is expected to close this year with a massive value of $46 on its price charts. Summary Cosmos is a coin that supports an ecosystem of blockchains that are meant to scale and communicate with one another. Cosmos is a proof-of-stake chain, and the team’s goal is to “build an Internet of Blockchains, a network of blockchains capable of communicating with each other in a decentralized manner.” ATOM holders can stake their tokens to help keep the network running and gain more ATOM as a reward. If you’re ready to take the plunge to get in on the action, you can complete your crypto journey using our recommended broker, eToro. Getting your account set up and ready to purchase ATOM using Bitcoin only takes three minutes. You buy on eToro and then transfer to Binance, which allows you to margin trade ATOM. You should also remember the following: Investing in and trading Cosmos necessitates extensive research and effort. Cosmos is a high-risk investment. Invest just what you can afford to lose. Only use registered brokers and exchanges when trading or investing. You should also consult review sites and online specialists for their thoughts on Cosmos. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 30 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Professional Crypto Traders Buy Crypto 81% of retail investor accounts lose money when trading CFDs with this provider. FAQs Any risks in buying Cosmos now? ATOM has seen significant gains since the start of this year. At the time of writing, its price has increased by 426 percent from January 1. On September 20, it reached a new all-time high of $44.80. The Cosmos network already hosts over 250 apps and services, with over $112 billion in digital assets under administration. Considering this, there's relatively less risk involved in buying ATOM. However, we always recommend doing your research before making decisions. Should I buy ATOM? The development of Cosmos' first decentralized finance (DeFi) interface is one of the factors driving the price surge. Other advantages include its integration with Ethereum (ETH), which currently hosts most DeFi applications, and its compatibility with Bitcoin (BTC). On September 20, it reached a new all-time high of $44.80, and the current forecast is bullish. So we recommend buying it on eToro. However, make sure to follow proper risk management to avoid losing funds. Is it safe to buy ATOM? Cosmos appears to have a lot of long-term potentials and taking a buy position can prove to be a good investment. However, it still is a volatile and high-risk business, so don't put money at risk. Before you buy, research ATOM, its rivals, and the cryptocurrency business to ensure you know the risks. Will ATOM ever hit $500? Cosmos is trading at $46. It will be challenging for ATOM to hit $500 anytime soon. The more realistic target for ATOM will be $100, and the coin can hit this level in a couple of years.
