Cosmos was founded in 2014 by Jae Kwon and Ethan Buchman. ATOM is a cryptocurrency that powers an ecosystem of blockchains—run by the Cosmos Network – designed to scale and interoperate with each other. In other words, if one considers blockchain networks like Ethereum, Solana and Terra (LUNA) to be “super computers,” Cosmos goal is to be the “internet provider” which allows all these super computers to interact.
Cosmos (ATOM) seeks to confront the various drawbacks which proof-of-work blockchains have been confronted with such as energy inefficiency issues, poor performance and immature governance systems. The platform seeks to solve traditional issues which arise in blockchains by providing a system of many interconnected blockchains.
There is a total supply of 260,906,513 ATOM tokens. ATOM tokens are not mined like Bitcoin or Litecoin, rather they are acquired through staking.
The Cosmos Network is secure through a Proof-of-Stake Consensus algorithm. Vaildator nodes that stake a higher number of ATOMS are more likely to be used to authenticate transactions and earn compensation. Nodes which are found to be acting deceitfully will be penalized and consequently may lose the tokens they had at stake.
Eager to buy Cosmos (ATOM) but not sure how? No worries! Bitbuy is the simplest and most secure platform to buy ATOM from. Bitbuy always ensures the lowest associated fees and highest security when buying, selling or trading cryptocurrency.
Investors can easily invest in ATOM by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying ATOM directly through the Bitbuy platform. Experience problems or need questions asked along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth throughout
Investors can easily invest in Cosmos (ATOM) by creating an account with Bitbuy, adding fund to their account directly through e-Transfer or bank wire and buying ATOM directly through the Bitbuy platform. Experience problems or need questions asked along the way? Do not fear, Bitbuy is always here. Our customer support will ensure your investment journey is smooth throughout.
Buying Cosmos (ATOM) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
If at any point you need help signing up, verifying your account, adding funds, or buying and selling ATOM, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy ATOM in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy ATOM.
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy ATOM with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy ATOM in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your ATOM? Bitbuy is the perfect place to start. Bitbuy has a built-in wallet in each user accounts that you can use to store your ATOM safe and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade click the 'Sell' button which will appear in red.
Click the drop-down and search ATOM to begin the sale.
Enter the amount of ATOM that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate ATOM and click on the 'Sell' button.
Enter the amount of ATOM you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
Buy Bitcoin, Ethereum and more in minutes! Get started with as little as $50.
Trade some of the most in-demand cryptocurrencies at some of the best prices in CanadaGet started
Quickly find the answers you need in our support centre, or contact a member of our team 24/7/365, and we'll be happy to assist you.
Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.