Cosmos is the internet of blockchains with a plethora of advantages to the crypto market. You can trade Cosmos by signing up on an exchange, verifying and funding the account, or transferring BTC to the wallet and trade.
What is Cosmos?
Cosmos (ATOM) is a digital currency using a proof-of-stake network for communications, data sharing, and secure transactions. It is a network enabling scalability and independence between different blockchains.
Why should I trade Cosmos?
Cosmos (ATOM) can be considered as a good asset for investment for 2 reasons:
- Technology. Cosmos is becoming the backbone for scalability and interoperability between crypto blockchain technologies. The network ensures security, data sharing and streamlines every transaction between blockchain networks.
- Financial forecasts. Analysts consider ATOM a promising investment, due to the historical data, high volatility and external factors, ATOM might be a great asset to add in your portfolio
How much ATOM will be worth?
According to the analytical analysis of Wallet Investor, Cosmos (ATOM) is a great asset for both long-term and short-term investments. Within 1 year the price might go up to $55 and within 5 years the growth might be 226%.
At the same time we encourage our readers to do their own research, as far as the information given above is not a financial advice.
ATOM trading vs investing
Investors earn from the asset’s value and bull market, while traders make quick profits via buying and selling when the price dips and appreciates.
ATOM trading
Cosmos aims to become the ecosystem of all blockchains, presenting trading opportunities to traders. ATOM’s trading volume dipped to $265.6M for $13.48 on May 31, 2021, and the price went up to $17.04 on June 3, 2021. Traders with the right strategies will benefit from the value increase. The coin has a 24-hour trading volume of $282.8M for $14.81 on June 7, 2021, according to CoinMarketCap.
ATOM investing
AMOS is an innovative project solving interoperability issues with the crypto market, making it an ideal prospect for investors. The coin traded for $3.14 with a trading volume of $107.6M on June 7, 2020. The coin has a 24-hour trading volume of $220.8M for $14.07 on June 7, 2021. Investing in AMOS is profitable because of its long-term growth in value.
Where to trade Cosmos?
There is a wide range of exchange platforms to buy, sell, or trade ATOM with other pairs such as USDT, BTC, or ETH. Below are few reliable platforms to trade your Cosmos:
- 7b broker app – The 7b app allows users to invest or trade ATOM with access to clear trading estimates, track price changes and manage your portfolio.
- Binance – Binance is a leading crypto exchange trading hundreds of digital assets with transparency and security.
- KuCoin – KuCoin is a crypto trading platform with over 4 million users from various countries. It is a reliable platform with ultra-fast transactions.
- OKEx – OKEx is a world-leading exchange platform providing access to AMOS and other trading pairs and derivatives.
- UPbit – UPbit is a user-friendly exchange platform with advanced features for secure and profitable trading.
How to trade using the 7b crypto broker app?
The 7b crypto app is an online broker facilitating secure transactions with over 2,000 coins and the best broker to trade Cosmos. You can trade ATOM using the 7b broker app with the below steps:
- Download 7b app from Google Play
- Verify and fund the account.
- Purchase or send ETH or BTC to your wallet
- Find ATOM through the search bar
- Choose ETH or BTC for trade and pair for ATOM
FAQ
Is Cosmos a good investment?
Yes, it is a third-generation technology with transaction speed, low fees, and an ideal alternative to other cryptocurrencies. Cosmos is a profitable project for retail and institutional investors.
How do I invest in Cosmos?
Invest in Cosmos by signing up on an exchange like the 7b app, verify your account, and buy BTC or ETH with fiat currencies. Find ATOM through the search bar, pair with BTC, and withdraw into a secured wallet.
How to trade Cosmos for beginners?
Newbies can access and trade AMOS on cryptocurrency exchange platforms. Sign up, complete the two-step verifications, send or buy ETH or Bitcoin. Use the search bar to locate ATOM and trade with Bitcoin.
How to buy Cosmos cryptocurrency?
You can buy Cosmos by creating an account on a regulated exchange platform and purchasing BTC or ETH with your debit or credit card. Find ATOM through the search bar, select buy and pair with BTC or ETH.
What is Cosmos Blockchain?
Cosmos blockchain is a decentralized network using a proof-of-stake consensus algorithm to enhance scalability and interoperability. The network ensures seamless communications and transaction security.
How safe is Cosmos?
Yes, the native coin of Cosmos – ATOM, is an absolutely safe asset, both suitable for long-term and short-term investments. The guarantee of ATOM security also comes from the platforms listed it – Binance, Gate.io, 7b.
How do I exchange Bitcoin to Cosmos?
Step 1. Log in to your crypto exchange account
Step 2. Search ATOM/BTC exchange pair
Step 3. Enter the necessary amount of ATOM
Step 4. Confirm the exchange operation
Step 5. Receive ATOM
How do I invest in Cosmos?
To invest in Cosmos (ATOM) one should first exchange fiat money on ATOM. The operation can be made via an exchange or swap platforms. Afterwards the sum should be sent either to wallet or a broker account.
