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What is ATOM?

Cosmos touts itself as the “internet of blockchains.” This is because Cosmos consists of several independent blockchains that can communicate with each other in a decentralized way. This network of blockchains enables Cosmos to be faster and cheaper than other legacy blockchains like Ethereum.

The Cosmos ecosystem is powered by its native token ATOM. The network uses a proof-of-stake consensus mechanism where ATOM holders can stake tokens and earn rewards. ATOM is also a governance token, allowing holders to participate in the development and improvement of the network.

Cosmos is the brainchild of developers Jae Kwon and Ethan Buchman. The Interchain Foundation (ICF), the non-profit behind Cosmos, helped raise $17 million in an initial coin offering (ICO) in 2017. The project raised another $9 million to fund development in a Series A funding round in 2019.

Why buy ATOM with OKX?

Buy/Sell ATOM in a few steps — Simple
OKX makes it easy to buy Cryptocurrency with a user-friendly interface

What can I do after I buy ATOM?

You can seamlessly buy and trade Cosmos on OKX with various payment methods. Use your debit or credit card or pay with digital wallets like ApplePay to buy Cosmos on OKX. Over 20 million customers trust OKX to keep their assets secure. The following are reasons why users prefer OKX for trading crypto.

Minimal fees

OKX has one of the most competitive fee structures in the market. Our trading fee reduces with increased trade volume, allowing you to increase your profit share.

Swift transactions

With crypto market volatility, every second counts. That’s why OKX is built to execute billions of dollars worth of crypto trades with rapid speed every day.

Trusted and secure

We employ multi-layered security to protect your funds and information from cybercriminals. Our security stack includes semi-offline storage, a multi-signature system, emergency backups, 2FA, anti-phishing codes, withdrawal passwords, and more.

Optimized portfolio management

OKX equips you with a wide range of tools to help you effectively manage your crypto portfolio. We separate your trading and funding accounts and provide in-depth reports to aid well-informed trades and investments. Furthermore, you enjoy better control over your crypto portfolio by making swift entries and exits whenever you feel right.

Multi-device support

We understand and appreciate the requirements of crypto investors/traders and provide all possible means to help them accomplish their goals. As one of our initiatives toward this end, we provide seamless access to the OKX platform on multiple devices, including desktop computers, laptops, smartphones, and tablet PCs.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Cosmos (ATOM)

Using fiat

Select your local fiat currency and ATOM as the cryptocurrency you want to buy. Select your payment method and process the payment to receive ATOM tokens in your OKX account. However, note that you can only use selective fiat currencies to buy ATOM.

Using trading pairs

If your fiat currency does not support the purchase of ATOM tokens, you can easily use trading pairs on OKX. Just head to the spot trading market and search for "ATOM". You'll see ATOM trading pairs- ATOM/BTC, ATOM/ ETH, and ATOM/USDT. You can use these cryptocurrencies to buy ATOM in minutes.

Select the trading pair of choice, enter the relevant order details and hit confirm to place an order. You'll receive ATOM tokens in your OKX wallet once the order is processed. If you do not own enough BTC, ETH, or USDT, you can either deposit them from an external wallet or buy more using fiat currency on OKX.

Converting other tokens to ATOM

If you have tokens in your portfolio that you're looking to sell, hold on! You can easily convert them to ATOM using our free "Convert" feature. This function allows you to exchange your cryptocurrency for ATOM with no fees. OKX helps you convert over 100 supported cryptocurrencies into ATOM.

Through staking rewards

So you already own ATOM tokens and are looking for more. Visit our "Earn" page and type "ATOM" in the search bar to find all ATOM staking programs. Choose your preferred option and select "Subscribe." Enter the appropriate amount of ATOM tokens and confirm the details to start earning more ATOM.

FAQs

Can I buy Cosmos on OKX and use them as collateral for loans?
Yes. You can secure flexible term loans against your Cosmos holdings. Head over to the OKX Loan page and select from over 120 loanable assets on OKX. Select Cosmos as collateral, enter the loan amount, review the details and hit confirm to place a loan request.
Which cryptocurrencies can I convert to Cosmos on OKX?
OKX supports the conversion of over 100 cryptocurrencies into Cosmos. Converting the existing tokens in your OKX wallet can help you skip trading fees incurred while buying Cosmos through trading pairs.
How can I buy Cosmos with leverage on OKX?
With our margin trading option, you can easily buy Cosmos with leverage and maximize your returns. Select'Margin Trading' in "Trade" and select the relevant margin trading pair. Enter the leverage and order details, and hit confirm to purchase Cosmos with leverage.
Does OKX have enough liquidity for Cosmos trades?
OKX is one of the leading cryptocurrency exchanges in the world, with millions of users transacting on the platform daily. Therefore, OKX always has abundant liquidity to rapidly process all Cosmos buy and sell orders.
Can I transfer Cosmos to other wallets after buying them on OKX?
Yes. Using our "Withdraw" function, you can quickly transfer your Cosmos tokens to other crypto wallets. Enter the withdrawal details and follow the on-screen instructions to transfer Cosmos.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.