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Buy Cosmos (ATOM)

ATOM

$12.59

24H Change
-2.20%
24H Volume
$165M
Global Rank
#38
Market Cap
$3.4B

Cosmos Price

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About Cosmos (ATOM)

The Cosmos network is a decentralised ecosystem of independent blockchains able to exchange data and assets between one another. Cosmos aims to offer a solution to slow, unscalable and environmentally damaging proof-of-work (PoW) blockchains used by Bitcoin and Litecoin by providing an ecosystem of connected blockchain networks. This interoperability between blockchains is made possible by two major components of the Cosmos network, IBC (inter blockchain communication) protocols, and IoB (internet of blockchains).

The ATOM native token is the currency used for staking on the network, and tokenising the transactions between several blockchains.

Sign up to Swyftx to buy Cosmos in Australia.

How to buy Cosmos in Australia?

A number of cryptocurrency exchanges in Australia in Australia allow you to purchase Cosmos. Swyftx is one of the best cryptocurrency exchanges in Australia with a trading platform that is easy to use and makes buying ATOM simple and quick. Start by creating your free trading account by clicking the signup button at the top of this page. We require a few personal details like your name, email address and phone number.

To activate your account, you'll need to verify your phone number email address, and identity. You won't have to scan or send any documents, however. Verification takes most customers under 3 minutes to complete.

Once verified, the next step is to deposit funds via one of the following payment methods: bank transfer, POLi, PayID and debit card. When your deposit has arrived in your account you can use this to Buy Cosmos instantly.

Is Cosmos a good investment?

Swyftx is unable to provide investment advice and therefore cannot say whether Cosmos is a good investment or not.

The Cosmos ecosystem is huge, with over 250 decentralized applications running on its network. In addition to this, well-known blockchain-based projects including Terra (LUNA) and Binance Coin (BNB) were built using Cosmos. This indicates that Cosmos is a reliable and efficient blockchain network that is being utilised by huge projects in the crypto space.

Cosmos has a lot of long term potential and is positioned well for future performance. However, the crypto industry is highly volatile and there is no such thing as a guarantee. Just like any of your crypto investments, it's important to conduct thorough research on Cosmos before investing in it. Thorough research includes looking at things like use cases, competitors, tokenomics and its roadmap.

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How to Buy Cosmos (ATOM) in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy ATOM

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Cosmos FAQs

  • Cosmos FAQs
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Where is the best place to buy Cosmos?

The best place to buy Cosmos is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Cosmos and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Cosmos determined?

The price of Cosmos is determined by the forces of supply and demand in the market. Similar to other assets, the price of Cosmos is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Cosmos are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Cosmos with credit card?

Swyftx does not allow you to directly buy Cosmos with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Cosmos instantly.

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Period: Last 24 hours

ATOM Buys and Sells

By number of orders

18% Buy
18%
Buys
82%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Swyftx Learn

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What is Cosmos (ATOM)?

Cosmos (ATOM) is the coin that powers the entire Cosmos ecosystem. This article explains what Cosmos is, how it works, and the essential role that ATOM plays in everything.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.