What is Cosmos (ATOM)?

Investing in ATOM allows you to vote on network updates. On the other hand, Cosmos (ATOM) rewards investors with a small percentage of the reward according to the tokens wagered. Therefore, the ATOM limit is adjustable depending on the amount of tokens invested. Additionally, ATOM's value may increase as more blockchain networks are built on this platform. The cryptocurrency is the 27th most valuable cryptocurrency in the world.

The most important things in brief about Cosmos (ATOM)

An important point to consider when investing in this cryptocurrency is that there are not many ways to access ATOM. The coin can be bought through certain providers like eToro which is one of the most recognized platforms. The currency can also be obtained through an exchange. With both methods, however, you need a wallet to exchange cryptocurrencies.

Cosmos (ATOM) has many advantages for investors, however, the investment area is extremely risky. With its goals, Cosmos (ATOM) can satisfy a great need in the blockchain area and is therefore something completely new for investors. It is a cryptocurrency with the potential to grow in the stock market. One thing that corrects this is that at least Binance has included this value showing the potential of Cosmos (ATOM).

Do you need a Cosmos (ATOM) wallet?

To safely invest in Cosmos (ATOM), you need an electronic wallet, better known as a crypto wallet . It is advisable to get one that suits the needs of the investor and can bring as much profit as possible.

This allows ATOM tokens to be easily and securely stored. The Cosmos wallet “ Comostation ” works as a universal wallet that securely protects assets and keeps token passwords private.

What is Cosmos (ATOM) Mining?

Mining is a process by which new coins are brought into circulation. This is done with the help of computers that solve extremely complex mathematical problems. Mining is extremely attractive to investors because it offers miners a reward for their work. These rewards are crypto tokens.

The newly mined cryptocurrencies are used for payment transactions, are circulated and thus other users of the network can buy cryptocurrencies. In this case, they are called “ validators ”, which correspond to the role of miners and receive compensation or block fees.

Would you rather buy real Cosmos (ATOM) coins or Cosmos CFDs?

Cosmos (ATOM) can be purchased in the form of real currency or tokens, as well as through a contract for difference or CFD . Here we will explain both options:

Cosmos Coins

Cosmos (ATOM) can be purchased through a cryptocurrency exchange with a crypto wallet . This can be done with a broker where you buy the cryptocurrencies you want and then transfer them from the broker's wallet to another wallet to then exchange them into ATOM.

Cosmos CFD

Another way to buy Cosmos ATOM are so-called CFDs or Contracts for Difference, which are offered on cryptocurrencies with a high market share. The trader does not physically buy the coins but makes a profit on the difference between the buy and sell price of the coins. Investors can invest in ATOM without having to receive it in the form of tokens.

Where can I buy Cosmos (ATOM)?

Cosmos (ATOM) can be purchased through various options including cryptocurrency marketplaces and cryptocurrency exchanges.

cryptocurrency marketplace

The cryptocurrency marketplace is a space where investors enter to purchase a cryptocurrency or a security . Mostly these are online sites where you can buy or sell cryptocurrency.

cryptocurrency exchange

The cryptocurrency exchange is where the exchange of cryptocurrencies for other cryptocurrencies using fiat currencies or altcoins occurs. A cryptocurrency exchange is an online platform that acts as an intermediary between buyers and sellers of that particular cryptocurrency.

Is it possible to make money by buying Cosmos (ATOM)?

The money that can be made from investing in Cosmos (ATOM) comes in two ways: through ATOM inflation or through transaction fees . As Cosmos' value has increased in recent months, investors have benefited from Cosmos' value.

Cosmos price development and forecast

Here we describe how the value of Cosmos ATOM has evolved from launch to the present day:

• May 2019: Atom's ICO was this month. The price was around 4 euros.
• June – September 2019: The cryptocurrency reached a high of 6.31 euros after about a month. By September, however, the value had reached a low of EUR 1.75.
• October 2019 - March 2020: In February 2020, the cryptocurrency had regained its starting value, but in March 2020 it had a new low of EUR 1.47 due to the coronavirus crisis.
• April - December 2020: The cryptocurrency recovered significantly and in August the price was around 7 euros.
• January 2021: The value of the ATOM cryptocurrency was around 6 euros.
• February - June 2021: From February to June, the value of ATOM increased significantly and reached a peak of 24.99 euros
• July 2021: The price of the Cosmos cryptocurrency fell and is now at 8 euros.

Cosmos (ATOM) Prediction: Does Cosmos have potential and a future?

The Cosmos blockchain and its native ATOM token have caused quite a stir since their inception. This is related to the fact that Binance has added ATOM to the platform, which has convinced investors around the world that investing in the Cosmos blockchain has significant potential .

In addition, this token has shown a very attractive price development in the last few months. Although it has seen sharp declines, it has bounced back within a few months. He also has a market cap of $2,064,211,580. Experts predict that the value of this token will continue to increase positively in the coming months as the strategy used by Cosmos allows blockchain companies to stay in control of the industry. 

Better a short-term or long-term Cosmos investment?

Whether to invest in Cosmos (ATOM) for the short or long term depends on the strategy that the investor wants to pursue. It is important that you read up on the history of cryptocurrency before making this decision.

Since the performance of this type of cryptocurrency is extremely difficult to predict , the investor should rely on facts and the past performance of Cosmos (ATOM).

What is the best time to buy Cosmos (ATOM)?

The right time to invest in Cosmos (ATOM), like any other security, cryptocurrency or index, should be determined by the investor after thorough research and preparation. But one thing that can help when investing in this one is assessing the volatility of Cosmos (ATOM) since its inception. It is important that you have a thorough understanding of what Cosmos (ATOM) is and how it works in order to make the investment at a time when it will benefit you.

Invest in Cosmos (ATOM) or not?

For the past few months, the value of Cosmos (ATOM) has remained fairly stable. Although there have been several market declines, there hasn't been an extremely strong one in about a year. The maximum value of this cryptocurrency has reached 24.99 euros and it is currently one of the most important cryptocurrencies in the world.

Cosmos (ATOM) developer	Jae Kwon, Ethan Buchman
Foundation, endowment	interchain
Cosmos Headquarters	Switzerland
Coins in circulation	218,433,363.95 ATOM
year of launch	2019