How to buy the Cosmos blockchain cryptocurrency (ATOM) | Finder

How to buy the Cosmos blockchain (ATOM) cryptocurrency

See which exchanges to visit, and what Cosmos is all about.

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CoinSpot Cryptocurrency Exchange

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Cosmos is focused on blockchain interoperability. It’s intended to be like a blockchain of blockchains, laying down standardised protocols for different blockchains to talk to each other.

The Cosmos system is powered by the Tendermint proof-of-stake protocol, which uses the Cosmos ATOM token.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
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Quick guide: How to buy ATOM

  1. Register for an account with a cryptocurrency exchange like CoinSpot.
  2. Enable 2-factor authentication.
  3. Verify your account.
  4. Click “Deposit AUD”.
  5. Transfer funds into your account.
  6. Click “Buy/Sell” at the top of the screen.
  7. Search for the cryptocurrency you want and click “Buy”.
  8. Enter the amount you want to buy, or the amount of AUD you want to spend.
  9. Review the transaction details.
  10. Click “Buy”.
Go to CoinSpot's site

This is our quick guide to just one way to buy ATOM. Compare some other options in the table below.

In this guide:


Where to buy ATOM

Exchanges that offer Cosmos (ATOM) include the following:

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD

257
cryptocurrencies

Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

276
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos.
Binance Cryptocurrency Exchange Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

261
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

250
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

132
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
Buy 130+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
Coinbase Digital Currency Exchange
Debit card
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

40
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Easy Crypto Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi
AUD

53
cryptocurrencies

Easy Crypto is a simple way to buy and sell a range of cryptocurrencies, straight to and from your own crypto wallet.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

67
cryptocurrencies

Finder Exclusive: Get 0% fees on credit/debit card purchases for 30 days after signup.
Buy 80+ cryptocurrencies, earn up to 8% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

273
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
CEX.IO Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, SWIFT, SEPA, Faster Payments (FPS)
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

164
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
CoinSwitch Cryptocurrency Exchange
Credit card
USD, JPY, RUB, EUR

387
cryptocurrencies

CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
KuCoin Cryptocurrency Exchange
Cryptocurrency, Interac e-Transfer, PayPal, Wire transfer, Credit or Debit Card
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

211
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

27
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

269
cryptocurrencies

Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

512
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

A step-by-step guide to buying ATOM

You can buy ATOM with fiat currency, cryptocurrency or a combination of both. Take your pick:

I want to buy ATOM with fiat I want to buy ATOM with crypto

Buying ATOM with fiat currency

Buying ATOM directly with fiat

There are a limited number of places to purchase ATOM, but you can purchase it directly for USD, CAD or EUR on Kraken. To buy ATOM on Kraken with fiat currency, you will need to do the following:

  1. Create an account.
  2. Get verified up to tier 2.
  3. Make a wire transfer to deposit your funds on Kraken.
  4. Navigate to the relevant USD/ATOM, CAD/ATOM or EUR/ATOM pair and place an order.

Note that Kraken requires a higher level of account verification for fiat deposits, currency exchange fees may apply and your deposit may take up to a week.

Using AUD to get ATOM

It may be preferable to purchase ATOM with cryptocurrency, even if you have to buy Bitcoin or Ether to use as an intermediary cryptocurrency first.

Buying through fiat currency like AUD via an intermediary cryptocurrency could be faster. For a same-day purchase, you might want to do the following:

  1. Create an account at Coinspot.
  2. Get verified – this will often be complete within a couple of hours.
  3. Make an AUD deposit with POLi (instant).
  4. Buy Bitcoin or Ether with AUD.
  5. Create an account at your choice of exchange listing ATOM such as Binance.
  6. Transfer your BTC or ETH to the exchange.
  7. Buy ATOM with cryptocurrency.
Go to CoinSpot's website

Buying ATOM with cryptocurrency

To buy ATOM with cryptocurrency, you could do the following:
  1. Create an account at Binance.
  2. Deposit your cryptocurrency.
  3. Convert your cryptocurrency into BTC, BNB or USDT if needed.
  4. Trade BTC, BNB or USDT for ATOM.

How to sell ATOM

The process for selling ATOM is like buying it in reverse.

  1. If you haven't already, register for an exchange which supports ATOM.
  2. Deposit your ATOM on this exchange.
  3. Exchange your ATOM for another cryptocurrency or fiat currency if applicable.

Storing your Cosmos (ATOM) in a wallet

Cosmos has its own native wallet, called Lunie. You can find it at the Lunie website. To get started, sign in at the Lunie website.

Find out more about storing cryptocurrency in our ultimate wallets guide.

How does Cosmos (ATOM) work?

Cosmos allows blockchains to seamlessly communicate with each other within a scalable proof-of-stake-based protocol.

It’s built on Tendermint proof of stake, and Tendermint’s developers are the main driving force behind the creation of Cosmos.

Cosmos aims to do the following:

  • Allow anyone to easily create their own custom blockchain with Cosmos SDK.
  • Cement a new set of blockchain standards through the Inter-Blockchain Communication (IBC) protocol.
  • Create seamless interoperability between Tendermint-based chains such as those created through Cosmos SDK as well as non-Tendermint blockchains such as Bitcoin.
  • Cosmos has a well-known team behind it and has achieved a lot of recognition from many other large projects in the space.

    • Things to consider before buying Cosmos (ATOM)

    Cosmos is a new project, and it’s just one of several blockchain interoperability projects.

    And although it’s been heavily tested prior to launch, its underlying proof-of-stake protocol is still largely experimental. Similarly, the IBC protocol has yet to be launched.

    Once you learn about Cosmos and the team behind it, and weigh up the risks and downsides associated with the project, you can make an informed decision about whether to buy Cosmos' ATOM cryptocurrency.

    Buy/sell ATOM

    Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

    Disclaimer: The author holds BTC at the time of writing.

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