Buy Cosmos (ATOM)

Follow the steps below to easily and securely buy Cosmos.

You can securely store your Cosmos in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Cosmos. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Cosmos with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Cosmos with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Cosmos through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Cosmos is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Cosmos involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Cosmos, it is important to understand the risks.

Volatility: The price of Cosmos can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Cosmos is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Cosmos through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Cosmos or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Cosmos: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Cosmos instantly at the best available market price.

- Do you want to buy Cosmos at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Cosmos. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Cosmos without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Cosmos with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Cosmos reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Cosmos without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Yes, you can send your Cosmos to an external wallet. With Finst, you can easily send your Cosmos to a hardware or a software wallet.

Yes, at Finst, you can stake ATOM and earn passive income on your coins while contributing to the security of the network.

Yes, you can store Cosmos (ATOM) on hardware wallets such as Ledger or Trezor.

Cosmos calls itself “The Internet of Blockchains.” The goal? An ecosystem in which different blockchains can communicate with each other. Bitcoin laid the foundation, Ethereum introduced smart contracts, and Cosmos makes it possible to connect blockchains to each other. This allows them to collaborate and exchange information and assets.

Think of the universe: planets, stars and black holes exist separately, but are all connected by gravity. This is exactly how Cosmos works. Each blockchain is a stand-alone system, but they can communicate with each other via Cosmos. This provides more flexibility and endless possibilities.

The network consists of multiple blockchains that are connected via the Cosmos Hub and communicate via the Inter-Blockchain Communication (IBC) Protocol. This makes Cosmos enormously scalable and efficient.

Cosmos was founded in 2014 by Jae Kwon and Ethan Buchman. They developed the Tendermint consensus algorithm, which forms the core of Cosmos. The development was supported by the Interchain Foundation (ICF), a Swiss company that works on secure and scalable blockchain solutions. The first ATOM token sale took place in 2017, and the network went live in 2019.

Cosmos stands out thanks to three major advantages. First of all, the network is very scalable. Because it only has 100 validators (and will have a maximum of 300 in the future), transactions can be processed much faster than with traditional blockchains. Cosmos also offers developers complete freedom. They can create their own blockchain without being dependent on an existing network such as Ethereum. Finally, Cosmos enables interoperability, allowing different blockchains to communicate with each other.

Cosmos uses Delegated Proof of Stake (DPoS). This means that validators are responsible for processing transactions, while ATOM holders can “stake” their tokens to help secure the network. These people receive a reward in the form of extra ATOM coins. Validators are chosen based on reliability and reputation. Large exchanges and companies are often validators because they cannot afford a “slash” (penalty for bad behavior). This means that these companies will do everything they can to be a reliable validator.

The Cosmos Hub is built from a modular ecosystem that consists of three important components. First, there is Tendermint Core, an open-source framework that allows developers to build blockchains in various programming languages. Next, there is the Cosmos SDK, a set of tools that makes developing applications on Cosmos easier, comparable to a box of blocks for developers. Finally, there is the IBC Protocol, the technology that allows different blockchains to communicate with each other. Thanks to these technologies, Cosmos can connect not only with blockchains within its own ecosystem, but also with those outside it.

Cosmos is popular, but it also has a few disadvantages. Decentralization is relatively low because there are only a limited number of validating nodes. In addition, the resources available to developers to build applications are more limited than with some other blockchains. ATOM tokens are also locked for a certain period of time, which means you cannot trade them directly.

Of course, Cosmos has its strengths too. The native token, ATOM, has various applications. You can use it to pay transaction costs within the network, to earn passive income through staking and to vote on network updates via the governance structure. In addition, the interoperability of the network is a major advantage for many.