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Investments in cryptocurrencies can develop enormous potential and attract extremely high returns. Despite the significantly higher risk than, for example, in the stock market, a real trend has developed around cryptocurrencies.
In 27th place among the most valuable cryptocurrencies is Cosmos, currently with a current price of € 5.30. The Tendermint team has been developing the cross-chain project since 2016.
The project’s main goal is an Internet-based blockchain and based on the project’s ATOM token transfer.
Whether an ATOM investment can be worthwhile, how to invest in the Cosmos cryptocurrency and useful tips are described below.
The following diagram shows a clear and detailed comparison of brokers and exchanges. Here are the best options for everyone who wants to buy Cosmos (ATOM).
Rating
Min. Deposit
Min. Spread
Assets
Views
Positive Reviews
Negative Reviews
Likes
Investments should generally be straightforward and quick to handle. The provider TradeATF grants us this and is therefore presented in the following tutorial. In addition to buying Cosmos, TradeATF also allows you to invest in indices, oil, metals and stocks.
Registration and registration with TradeATF are free and easy to use. The “Register” button is easy to find on the website at the top right of the picture. Click on it, enter your email and a password, and we are already registered.
If you want to trade, you need a live account. Personal data is requested for this. You then have to verify your account finally. The provider will also ask a few questions about previous trading experiences, which should be answered carefully and honestly.
At this point, a little hint for sceptics. If investing in cryptocurrencies is still too risky for you, TradeATF offers you the opportunity to open a demo account. Here you can get to know about investing without jeopardising your savings.
Of course, no real profits can be made here either. But the tool is very useful, especially for checking investment strategies.
First, log in. You can open the deposit menu by clicking on your name in the top right corner. Next, click on “ Make a deposit ”. The deposit options are versatile.
Well-known providers such as PayPal , electronic payment service providers such as Skrill or Neteller, and more old-fashioned variants such as bank transfer and credit card transfer are offered. Currently, the minimum deposit amount is € 100.
Of course, mobile transfers can also be made. To do this, use the TradeATF Trading App, log in and then click on “Wallet Registration Card “. The ” Deposit ” button will now appear.
| Payment option | Possible? |
| Buy Cosmos with a credit card | ✔️ |
| Buy Cosmos with PayPal | ✔️ |
| Buy Cosmos with Skrill | ✔️ |
| Buy Cosmos with bank transfer | ✔️ |
| Buy Cosmos with Neteller | ✔️ |
| Buy Cosmos with other payment methods | ✔️ |
Buying Cosmos is easy and quick at TradeATF. The search field is the first point of contact. Here we enter “ Cosmos ”. Cosmos coins are known as ATOM. First, we get an overview of the price development and performance.
There will also be brief information about cryptocurrency. If you are sure of the investment, click on the “Buy” button. Here, the amount of the asset is asked, which has yet to be confirmed.
At this point, we would like to point out the particular risk involved in investing in cryptocurrencies. In any case, do not invest too much of your total assets. With the right strategy and a broker like TradeATF, you can confidently buy Cosmos.
Cosmos (ATOM) is a cryptocurrency on which a scalable blockchain ecosystem is built, in which individual blockchains interact with each other. The team’s goal behind Cosmos is to create an “Internet of blockchains, a network of blockchains that can communicate with one another in a decentralized manner”.
The cryptocurrency sector is a rapidly growing area. As a result, more and more financial service providers want to benefit from the mysterious tokens’ hype.
For your investment, you have the choice between a broker and an exchange. Anyone who wants to become the owner of ATOM Coins will have to go to a crypto exchange. For this, however, you need a so-called wallet.
Some of these have extremely high-security standards, but these can also be a bit complicated when entering this sector. Beginners in crypto trading, in particular, should find it a little more difficult.
If you want to benefit from cryptocurrencies and do so without a complicated wallet system, you will feel in good hands with our TradeATF recommendation.
Cosmos has two major advantages. First, the developers’ focus is on networking blockchains to form a multichain and doing so as simply as possible. Interoperability and scalability are crucial and wisely chosen factors for this project.
The idea behind these two terms is to simplify the whole cryptocurrency sector. Many cryptocurrencies have the problem of scalability in common. Cosmos offers solutions and simplifies them by optimising the blockchain.
In addition, the high level of trust among investors and the communication between different blockchains speak for a Cosmos purchase.
We see the cryptocurrency sector itself as the main disadvantage. It cannot be foreseen how this market will develop. The planned regulations of the EU Commission could also have a substantial impact on the market.
How a unique token will develop in such an indefinite period cannot be foreseen. We advise you to do this when investing in Cosmos humble before arrogance when.
Depending on the provider, the fees that are incurred when buying Cosmos differ. The free account opening and commission-free account management speak in favour of our TradeATF recommendation. The transaction fee of 0.001% of the transaction value is the only cost that can be expected.
We think that the cost structure at TradeATF is extremely fair and positive. This can also be seen in the following example.
Let’s take the following example when buying Cosmos:
With these assumptions, we now go through the fees of the largest providers.
| providers | TradeATF | Plus500 | Capital.com |
| Deposit | Free | for free | for free |
| Purchase fees | Free | 3.08% | 0.1% |
| Holding fees | Free | 0.05% | for free |
| Sales charges | Spreads | 0.05% | 0.1% |
| Total fees | Reasonable | € 92.32 | 10 € |
ATOMEUR chart from TradingView
Anyone who invests in Cosmos at TradeATF is not dependent on a so-called wallet. Instead, TradeATF invests as a CFD broker. In this area, broker fees were recently reduced by 50% due to their enormous popularity.
One should be aware that when investing through a broker, the actual coins do not go into personal possession. Here you buy an option and not the actual value.
If you don’t believe in CFDs and want to purchase the tokens, you need a wallet. There are lots of different variants and options here. However, you should be careful and choose the wallet that fits your investment strategy.
As soon as you have the perfect wallet, you can use it on various crypto exchanges, such as the largest and most popular provider Binance buy Cosmos.
Admittedly, the goal of Cosmos to raise the blockchain to a new level and thus to network the Internet even better via multichain is quite ambitious. However, it seems that the project is turning the right screws with the focus on interoperability and scalability.
If the multichain network can actually be implemented, this very ambitious idea should quickly establish itself and establish a new standard. This should then also be reflected in the value of ATOM.
Who now buys Cosmos? You should consider that the crypto provider is not alone with its idea. A few other projects have similar goals, such as Polkadot. Which Multichain network will have the edge, in the end, is still in the stars.
There are currently two options for making an investment. Either you decide to actually purchase it on an exchange. Or you use a broker like our recommendation Libertex to benefit from Cosmos.
The main difference between broker and exchange lies in the system itself. With exchanges, it is possible to actually bring the coins into your own possession, provided you have a wallet. If that is too complicated for you, you will need to use a so-called CFD broker. The investment is made possible there via options and investors are therefore not dependent on the actual possession of tokens.
The performance of cryptocurrencies in general is extremely difficult to assess. There is currently a real hype about this financial sector. Cosmos is backed by many major investors and seems to be doing promising work. Profits seem quite possible.
Not all wallets support multiple currencies. So it depends individually on your digital wallet whether both Bitcoin and Cosmos are supported..
Investing is speculative. Your capital is at risk when investing. This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. Therefore, conduct your own due diligence. This website is available to you free of charge, however we may receive commissions from the companies we offer on this website
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