Cosmos, often called the “Internet of Blockchains,” is a decentralized network built for interoperability among different blockchain ecosystems. By enabling the exchange of data and communication between independent blockchains, Cosmos hopes to address two major issues in the blockchain space: scalability and fragmentation.

Cosmos uses the Tendermint consensus algorithm and Inter-Blockchain Communication (IBC) to connect various blockchains, thus creating an interconnected blockchain ecosystem and a more efficient digital economy. The native cryptocurrency of the Cosmos network is ATOM. ATOM has a circulating supply of approximately 390.69 million ATOM, making the market cap approximately $1.63 billion USD.

If you are interested in learning how to buy Cosmos, it is important to understand the process of buying ATOM safely. This guide will provide you with extensive information on how to buy Cosmos coins, where to buy them, and how to store them safely. In reading this how-to-buy Cosmos (ATOM) guide, you’ll be equipped to safely participate in the Cosmos ecosystem.

How to Buy Cosmos (ATOM)? Summary

To purchase Cosmos (ATOM), you need to register on the best crypto exchange, such as Binance, KuCoin, or MEXC, and carry out the necessary verification before completing your purchase. You can fund your account through a bank transfer, a debit/credit card, or through a peer-to-peer (P2P) crypto exchange.

Once you have funded your account, you will be able to order Cosmos either via a spot trade or through derivatives, like futures contacts. After deciding on how you want to purchase Cosmos, simply search for ATOM, place your order, and confirm your purchase. After the transaction is completed, Cosmos will be transferred into your crypto wallet for further use or crypto day trading.

Key Takeaways

• Sign up on a crypto platform like Binance, KuCoin, or MEXC and complete the verification process to get started.

• Deposit funds into your account using payment methods such as bank transfer, debit/credit card, or P2P trading.

• Buy Cosmos (ATOM) via spot trading or use derivatives for futures contracts depending on your preferred trading method.

• Search for ATOM and place an order based on your chosen method, whether direct purchase or through futures trading.

• After confirming your order, your ATOM will be credited to your wallet.

How to Buy Cosmos: Best Exchanges for ATOM

The Cosmos (ATOM) ecosystem is booming and attracting many investors who want to take advantage of the platform’s interoperability. Once you have defined your investing crypto strategy, the next step is to buy ATOM. It is essential to select a solid and feature-rich cryptocurrency exchange to buy ATOM. In this article, we will review some of the best exchanges with the lowest fees to buy ATOM and highlight key features, advantages, disadvantages, etc.

Best Wallet

Best Wallet is a cutting-edge, non-custodial multi-chain wallet designed to streamline the DeFi experience. Its core focus is on interoperability and user-centricity, enabling seamless asset management across numerous blockchain networks. Best Wallet stands out with its integrated DEX aggregation, advanced staking and governance features. It also offers great NFT management, making it an ideal choice for users seeking a comprehensive DeFi solution. Although the ATOM purchase is not directly supported at Best Wallet, you can exchange your other cryptos for the ATOM ones. Keep in mind to be on the lookout for the best crypto presales to keep up with the latest trends.

To know more about the benefits of the wallet, check out our Best Wallet Review.

Best Wallet Key Features

• Supports a variety of blockchains and EVM-compatible networks.

• Users retain full control of their private keys.

• Facilitates seamless token swaps across different blockchain networks.

• Allows users to stake ATOM and other supported tokens to earn rewards.

• Enables users to participate in governance decisions of supported projects.

• Ability to purchase crypto with fiat.

• Ability to view and manage NFTs.

Best Wallet Pros and Cons

Pros

• Smooth asset transfers across various blockchains.

• Best swap rates and minimal slippage.

• Earn rewards and participate in project decisions.

• Full control over private keys.

• Easy management of NFTs.

• Easy entrance and exit to the crypto market.

Cons

• Less established history compared to major exchanges.

• May have fewer trading pairs than large centralized exchanges.

• Requires users to secure their own private keys.

• Swap fees can fluctuate depending on network congestion.

Visit Best Wallet

Binance

Binance is the world’s largest cryptocurrency exchange by trading volume, renowned for its extensive ecosystem and diverse offerings. Beyond its robust trading platform, Binance provides a comprehensive suite of services, including Binance Earn for passive income, Binance Academy for educational resources, and Binance Launchpad for early-stage project access. Its high liquidity, numerous trading pairs, and advanced trading tools make it a perfect pick.

For more, check out our Binance Review.

How to Buy Cosmos With Binance?

1. Create an Account – Sign up for a free Binance account on the website or app.

2. Choose a Purchase Method – Click “Buy Crypto” to see the available options for purchasing Cosmos (ATOM) in your country.

Buy with Debit/Credit Card

• Select Cosmos (ATOM) and USD from the dropdown menu.

• Choose “Card” as your payment method and confirm.

• If using a new card, enter your details and verify the payment.

• The purchased ATOM will be credited to your spot wallet.

Buy with Google Pay or Apple Pay

• Select ATOM and USD, choose Google Pay or Apple Pay, and confirm.

• Complete the payment, and the tokens will be credited to your wallet.

Use Third-Party Payment

• Binance supports various third-party payment providers based on your region. Check the Binance FAQ for available options.

3. Confirm Payment Details – You have one minute to confirm your order at the current price. If time expires, refresh to update the price.

4. Store or Use Your ATOM – Keep it in your Binance Wallet, stake it on Binance Earn for passive income, or transfer it to Trust Wallet for decentralized trading.

Binance Key Features

• Provides staking, savings, and yield farming products, including flexible savings, locked staking, and DeFi staking options for passive income.

• Offers educational resources and in-depth research reports on cryptocurrencies and blockchain projects to support informed trading decisions.

• Allocates a portion of trading fees to a secure fund for user protection and implements security features like 2FA and address whitelisting.

• Facilitates direct user-to-user trades with multiple payment methods on its peer-to-peer platform.

• Hosts Initial Exchange Offerings (IEOs), allowing users to invest in early-stage token sales.

Binance Pros and Cons

Pros

• Wide range of trading options and advanced order types.

• Diverse staking, savings, and yield farming products.

• Educational resources and market analysis.

• Protects user funds in case of security breaches.

• Provides peer-to-peer trading with many payment options.

• Access to initial exchange offerings (IEOs).

Cons

• Faces regulatory challenges in some regions.

• Can be overwhelming for beginners.

• Some trading fees can be higher than on other exchanges.

• Reliance on a centralized entity poses some risks.

• Mandatory KYC verification can deter some users.

Visit Binance

OKX

OKX is a leading cryptocurrency exchange that caters to a wide range of trading needs, from spot and derivatives trading to DeFi and Web3 integration. Its emphasis on advanced trading tools, competitive fees, and innovative features like copy trading and OKX Earn sets it apart. Also, there is a visible OKX’s commitment to providing a comprehensive trading experience.

You can find more details at our OKX Exchange Review.

How to Buy Cosmos Coin With OKX

Once you create an OKX account, you can purchase your ATOM coins in these ways:

• Debit/Credit Card

1. Tap Buy, select ATOM, and enter the amount in your local currency.

2. Choose a Card as your payment method, review the details, and confirm the order.

3. Your ATOM will be credited upon successful transaction approval.

• OKX Wallet

1. Install the OKX Wallet extension or app and set up your wallet.

2. Deposit funds from the exchange or another wallet.

3. Search for ATOM and initiate a trade via OKX DEX using USDT, ETH, or BNB.

4. Confirm the transaction and receive ATOM in your wallet.

• Bank Transfer (Fiat to Crypto)

1. Select Deposit, choose Bank Transfer, and follow the instructions.

2. Once deposited, use the funds to purchase ATOM via the Buy & Sell option.

OKX Key Features

• Provides technical indicators, real-time market data, advanced charting, and order management for professional traders.

• Offers staking, savings, and lending options, enabling users to generate passive income on their crypto assets.

• Supports the OKX Chain for decentralized applications and DeFi protocols, offering access to various DeFi products.

• Connects to the OKX Wallet for NFT management and interaction with decentralized applications and Web3 services.

• Allows beginners to replicate the trades of experienced and successful traders automatically.

OKX Pros and Cons

Pros

• Comprehensive suite of tools for experienced traders.

• Various yield-generating products.

• Access to decentralized applications and DeFi protocols.

• Access to Web3 applications and NFT management.

• Allows less experienced traders to copy successful traders.

• Dedicated services for institutional investors.

Cons

• Some features may not be available in all regions.

• Any centralized exchange presents potential security risks.

• Quality of customer support can vary.

Visit OKX

MEXC

MEXC is a global cryptocurrency exchange known for its extensive selection of altcoins and high-performance trading engine. It distinguishes itself by offering early access to emerging projects through its Launchpad and Kickstarter programs, alongside various staking and yield farming opportunities. Also, the exchange supports leverage of up to 400x trade and offers significantly low fees.

Take a look at our MEXC Review to know more about the exchange.

How to Buy Cosmos Crypto With MEXC

There are several ways to get Cosmos at MEXC:

• Buy via Spot Trading (MEXC)

1. Create an account on MEXC and complete KYC.

2. Deposit USDT, USDC, or USDE via bank transfer, OTC, or P2P.

3. Search for ATOM on the Spot Trading page.

4. Enter the amount and confirm your purchase. ATOM will be credited instantly.

• Buy with Debit/Credit Card

1. Link your card to the platform.

2. Enter the amount of ATOM you want to buy.

3. Confirm the transaction for instant purchase.

• Buy with a Bank Transfer

1. Link your bank account to MEXC.

2. Select ATOM and enter the amount.

3. Confirm the transaction for a secure and low-fee purchase.

• Buy with P2P Trading

1. Trade directly with other users using flexible payment options (bank transfer, PayPal, etc.).

2. Platforms hold funds in escrow for secure transactions.

• Buy with Third-Party Payment Providers

1. Use services like Banxa, MoonPay, or Mercuryo.

2. Purchase ATOM directly through integrated payment gateways.

MEXC Key Features

• Supports a vast range of altcoins, including emerging and low-cap projects, providing early access to innovative cryptocurrencies.

• Uses a strong trading engine capable of processing high transaction volumes, ensuring fast and reliable trade execution.

• Offers staking, yield farming, and crypto savings accounts for passive income opportunities.

• Provides platforms for initial exchange offerings (IEOs) and token airdrops, enabling participation in early-stage projects.

• Supports margin and futures trading with high leverage for advanced traders.

• Operates in multiple countries and supports various languages, making it accessible to a global audience.

MEXC Pros and Cons

Pros

• Access to many emerging and low-cap projects.

• Fast and reliable trade execution.

• Various staking and yield farming opportunities.

• Opportunities to participate in early-stage projects.

• Offers high-leverage trading.

• Operates in many countries and supports many languages.

Cons

• Some altcoins may have lower liquidity.

• Operates with less regulatory oversight than some larger exchanges.

• Higher risk associated with trading less established altcoins.

Visit MEXC

KuCoin

KuCoin is a user-friendly cryptocurrency exchange that offers a wide range of trading options and innovative features. It stands out with its KuCoin Trading Bot, KuCoin Earn, and KuCoin Shares (KCS) ecosystem. The platform caters to beginner and experienced traders by providing spot, futures, margin trading, and peer-to-peer (P2P) services. Lastly, Security is a top priority at KuCoin, with multiple layers of protection.

Check out our in-depth KuCoin review for more details.

How to Buy ATOM With KuCoin

KuCoin offers multiple ways to purchase Cosmos:

• Buy with a Credit/Debit Card

1. Link your card to your KuCoin account.

2. Enter the amount of ATOM you want to buy.

3. Confirm the transaction and wait for completion.

• Buy via Bank Transfer

1. Deposit funds into your KuCoin account via bank transfer.

2. Once the funds arrive, purchase ATOM directly.

• Buy Using Third-Party Payment Providers

1. KuCoin supports various third-party payment processors.

2. Visit the payment page to check available options in your region.

• Buy via Spot Trading

1. Buy USDT via Fast Trade, P2P, or third-party services, or transfer existing crypto to KuCoin. Ensure the correct blockchain network to avoid loss.

2. Transfer your crypto to your KuCoin Trading Account, find ATOM trading pairs, and place an order.

3. Once executed, ATOM will appear in your Trading Account.

KuCoin Key Features

• Automates trading strategies with grid trading and dollar-cost averaging (DCA) bots for hands-free trading.

• Offers staking, lending, and yield farming options, allowing users to generate passive income.

• Provides platforms for IEOs and token distributions, giving users access to early-stage crypto projects.

• Features a native token (KCS) that grants trading fee discounts, staking rewards, and daily dividend payouts to holders.

• Actively invests in and develops metaverse-related projects.

• Hosts a marketplace for trading Non-Fungible Tokens (NFTs).

KuCoin Pros and Cons

Pros

• Automated trading strategies.

• Various staking, lending, and yield farming options.

• Opportunities to participate in early-stage projects.

• Benefits for KCS holders, including trading fee discounts and staking rewards.

• Involvement in emerging crypto trends.

Cons

• Some trading fees can be higher than on other exchanges.

• Some benefits are tied to holding KCS, which can be volatile.

Visit KuCoin

BingX

BingX is a global digital currency exchange platform, catering to both beginners and advanced crypto traders and investors. The platform offers a wide range of features, including spot trading, futures trading, copy trading, perpetual contracts, and paper trading, with over 1000 trading pairs available. BingX stands out for its strong focus on social trading, allowing users to follow and copy the trades of experienced traders, making it an accessible option for those new to crypto trading while also providing advanced features for seasoned users.

For more, check out our BingX review.

How to buy ATOM With BingX

After creating an account and depositing funds to it, you can buy Cosmos through Spot trading or Derivatives trading. Follow these steps to make a purchase:

• Spot Trading

1. Buy directly from the spot market.

2. Use BingX P2P for peer-to-peer transactions with other users.

• Derivatives Trading

1. Buy in the USDT-M futures market.

2. Buy in the Coin-M futures market using cryptos like ETH, SHIB, etc.

BingX Key Features

• Allows users to replicate the trades of experienced traders, with tools to find and follow successful strategies.

• Supports a variety of derivative products, including futures and perpetual swaps with high leverage.

• Automates trading based on price fluctuations, allowing users to customize bot parameters for optimized trading.

• Offers staking, savings, and high-yield investment options with competitive APYs.

• Provides a risk-free demo account for beginners to practice trading strategies.

• Incorporates social trading elements, enabling users to interact and engage with other traders.

BingX Pros & Cons

Pros

• A strong platform for copying successful traders.

• Wide range of derivative products with high leverage.

• Automated trading strategies based on price fluctuations.

• Yield-generating products with competitive APYs.

• Allows new users to practice trading.

• Allows users to interact with other traders.

Cons

• High-leverage trading poses significant risks for inexperienced traders.

• Derivatives and copy trading may incur higher fees.

• BingX is relatively new compared to some established exchanges.

Visit BingX

Additional Methods to Buy Cosmos (ATOM)

Cosmos (ATOM) has generated a lot of buzz around its interoperability vision with various blockchains. In addition to the aforementioned exchanges, anyone interested can acquire ATOM via PayPal and credit and debit cards. Tag along to discover these methods in more detail.

How to Buy ATOM with PayPal

Buying Cosmos (ATOM) through PayPal has to be done indirectly because PayPal’s cryptocurrency services are generally for main cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. However, the process for buying ATOM with PayPal is also very simple.

Let me show you how to do this:

1. Choose a compatible exchange: Pick a trading platform that allows you to use PayPal as a payment method and gives ATOM trading options.

2. Confirm your account: Register on the selected platform by giving your email address and making a password. Finish any necessary identity validation procedures.

3. Connect your PayPal account: Go to the payment methods area and link your PayPal account by adhering to the platform’s guidance.

4. Start the deposit process with PayPal: To begin a deposit, use PayPal. Input the amount you wish to deposit and validate the transaction via PayPal’s system.

5. Buy ATOM: After you put money in your account, find Cosmos (ATOM) on the trading platform. Input how much you want to buy and approve the purchase.

6. Ensure protection: Move your ATOM to a safe wallet, maybe a hardware wallet such as Ledger or a respected software wallet. This can help guarantee the security of your possessions.

How to Buy Cosmos with Credit & Debit Card

Buying Cosmos (ATOM) using a credit or debit card is simple and supported by many exchanges. Here’s the process:

1. Pick an exchange: Choose a good exchange that allows buying with a credit or debit card and shows ATOM. You can look at Binance, Coinbase, Kraken or Changelly.

2. Get registered and verified: To sign up, you will need to provide your email address and create a password. You must also complete any important identification verification procedures that may require you to upload documents for identification purposes.

3. Add your credit/debit card: Go to the payment methods and put in your card information. Some platforms may require additional authentication steps when using a card.

4. Deposit funds or purchase directly: Depending on the exchange, you can either deposit fiat currency using your card or make a direct purchase of ATOM. Enter the amount you wish to buy and confirm the transaction.

5. Move ATOM to a safe wallet: For increased safety, shift your ATOM from the trading platform to a private wallet. This can be either a hardware or a reliable software wallet.

Methods of Buying Cosmos Compared

For your convenience, here are the top methods of buying Cosmos compared:

Understanding Cosmos (ATOM): The Basics

Before getting into the details about how to buy ATOM, it is important to understand not only the underlying technology of Cosmos but also the inspiration behind this network. The goal of Cosmos is to solve the very real problem of blockchain interoperability, allowing different blockchains to communicate and transact with one another. This effort is creating a decentralized network of independent but interconnected blockchains, improving the scalability and efficiency of blockchain technology.

What is ATOM Crypto?

ATOM is the native cryptocurrency of the Cosmos network and is critical in securing the Cosmos Hub, the main blockchain network that allows different chains to interoperate with each other. ATOM holders can participate in a staking process, which secures the Hub and rewards stakeholders with additional ATOM tokens.

In addition to its staking abilities, ATOM functions as a governance token, allowing ATOM holders to vote on decisions that can impact the network’s development and policies. ATOM is also used to pay transaction fees on the Cosmos, which helps transactions take place on the network.

Key Features of Cosmos

One of Cosmos’s most notable qualities is interoperability, the feature that allows numerous blockchains to communicate with each other and share data through the Inter-Blockchain Communication (IBC) protocol. This framework greatly increases the scalability of blockchains, because Cosmos runs multiple independent chains simultaneously to allow them to process transactions.

Another main quality of Cosmos is sovereignty – each blockchain in the Cosmos network is independent from one another, allowing developers to set their own governance and operational rules. It uses a component called Tendermint, a Byzantine Fault Tolerance (BFT) consensus Algorithm that is well-known for extremely fast transactions with heavy security. Finally, a Cosmos Software Development Kit (SDK) simplifies the blockchain creation process helping developers create custom blockchains in the ecosystem.

Pros and Cons of ATOM

Pros

• Cosmos enables communication between different blockchain networks, a key aspect of blockchain’s future.

• Designed to handle increasing transaction volumes efficiently, making it a viable long-term solution for blockchain scaling.

• Strong support from developers and an active community contribute to ongoing improvements and adoption.

• ATOM holders can earn staking rewards, providing an incentive to stay invested in the network.

• Built on a reputable and secure framework, enhancing credibility and adoption.

Cons

• Other interoperability-focused projects could impact Cosmos’s market position.

• The token’s worth is tied to the overall success of the Cosmos network.

• Like all cryptocurrencies, ATOM experiences price fluctuations, making it a risky investment.

Cosmos Crypto Project Tokenomics

The design of ATOM’s tokenomics motivates network participants to stake ATOM, which strengthens the security of the network. Contrary to fixed-supply cryptocurrencies, ATOM does not have a fixed supply; its supply is flexible, depending on the staking activity. Using its inflationary design, the network rewards both validators and delegators with ATOM tokens for providing staking security to the network.

ATOM is a critical part of the ecosystem, as it is periodically issued to encourage staking. Furthermore, ATOM’s function in governance provides stakeholders with the opportunity to vote on key aspects of future network development. ATOM is also required for transaction fees on the Cosmos Hub, which is key in permitting services to transact efficiently within the network.

Is ATOM a Buy?

Identifying if ATOM is a solid investment requires analyzing its tech, market trends, numerical data, and risks. Cosmos’s core strength is blockchain interoperability, which may grow in importance as demand for cross-chain communication increases. Long-term success will depend on the adoption of its Inter-Blockchain Communication (IBC) protocol.

Market trends and key metrics highlight ATOM’s price volatility. As of late March 2022, its market cap fluctuates between $1.6 billion and $1.9 billion, making it a major cryptocurrency. The circulating supply of 390.93 million tokens is crucial for assessing availability and inflation risks. Its 24-hour trading volume, typically in the tens of millions of US dollars, indicates strong liquidity. ATOM has dropped from its all-time high of $44.47, set in 2021, but it has showcased its growth potential. Though like most cryptocurrencies, it remains volatile. Tracking short- and long-term trends on TradingView and Moonpay is key.

ATOM’s tokenomics also plays a major role. Its staking mechanism secures the network while providing passive income, and its governance system allows investors to contribute to development. However, ATOM faces competition from other interoperability-focused projects and broader market downturns.

Despite this, Cosmos remains appealing due to its strong security model and dedicated development team. Maghnus Mareneck, co-CEO of Interchain Labs, suggests that Cosmos will become as important as Solana. He explained that apps used Ethereum and then moved to Solana for its speed. Mareneck now sees that apps will become independent and interact with other blockchains using Cosmos’ IBC V2, creating an interconnected blockchain network powered by ATOM.

“It’s so clear to me that multichain has always been the end state. And for years, Cosmos has the best stack to support crypto applications looking to build their own L1s,” co-CEO of Interchain Labs said.

Meanwhile, TokenMetrics states, “The Cosmos network offers high security, as it is secured by a network of validators and is somewhat resistant to attacks.” CoinMetro adds, “Cosmos ATOM has the potential to be a good investment due to its unique interoperability and scalability features, as well as its growing ecosystem and dedicated team.”

While Cosmos has a strong technological foundation, its future success depends on widespread adoption. A high market cap signals stability, while strong trading volume ensures liquidity. However, given crypto’s volatility, careful research and risk assessment are essential before investing.

Take a look at our in-depth price prediction for Cosmos (ATOM) from 2025 to 2030, analyzing key factors influencing its future value.

Best Wallets To Store ATOM

Selecting an ideal wallet is vital for safeguarding your Cosmos (ATOM) assets. There are many wallets with distinctive functionalities and security levels and the best ones can be found below:

• Keplr Wallet: Keplr is a full-suite Cosmos wallet that supports networks in the Cosmos ecosystem and EVM Layer 1 and Layer 2 networks, including Arbitrum and Optimism. It allows users to manage assets across multiple chains, stake tokens, perform swaps, purchase crypto with fiat, and manage NFTs.

• Leap Wallet: Leap is a full-suite interchain wallet for the Cosmos network, supporting over 70 networks. It allows users to store and manage ATOM and other tokens, stake, and perform decentralized asset swaps.

• Trust Wallet: Trust Wallet is a software wallet application launched in 2018 that allows users to store and manage their ATOM and supports selected Cosmos Hub networks. It offers in-wallet staking, cross-chain swaps, and fiat on-ramp features, but does not fully support the Cosmos ecosystem.

• Cosmostation Wallet: Cosmostation is an open-source, self-custody wallet application that fully supports IBC networks and Bitcoin, Aptos, Sui, and EVM networks. It allows users to swap assets between supported networks, stake ATOM, access project governance portals, and vote on proposals.

• Ledger Nano S Plus: The Ledger Nano S Plus is a hardware wallet that provides secure offline storage for your ATOM and other cryptocurrencies. It offers a high level of security by keeping your private keys offline, protecting them from online threats.

Conclusion: How to Buy Cosmos?

To purchase Cosmos (ATOM), you will first need to open an account on a cryptocurrency exchange like Binance, KuCoin, or MEXC. Then, follow the steps each exchange platform stipulates to verify your account. You can get funds into your exchange wallet using several methods, such as a bank transfer, debit/credit card, or P2P trading.

Once you have funds in your exchange wallet, find Cosmos (ATOM) under the spot trades, place your order, and complete the transaction. Alternatively, trade through the derivatives market if you are speculating using contracts or crypto futures. After confirming your order, your Cosmos will be credited to your wallet. No need for a spaceship for this one!