How to buy Cosmos (ATOM) in Canada

How to Buy Cosmos (ATOM) in Canada

Cosmos (ATOM) is attempting to create an “Internet of Blockchains” through a decentralized network of blockchains like Polkadot and Ethereum. It leverages integration between multiple chains to allow for greater functionality.

BUY PRICE1 ATOM = CAD $0.00

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SELL PRICE1 ATOM = CAD $0.00

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SUMMARY1. Brief Intro2. Price3. How to Buy4. Why Netcoins?5. About Cosmos

Brief Intro

Cosmos is a decentralized network of parallel blockchains with the vision of building a decentralized internet of blockchains, where any blockchain can transact with other blockchains without needing a trusted, centralized third party. Cosmos was founded by Jae Kwon and Ethan Buchman in 2016, and its native cryptocurrency is ATOM. The Cosmos ecosystem runs on a proof of stake consensus protocol, which uses ATOM to reward users for participating in the staking process.

ATOM Price

Buy ATOM

ATOM / CAD

CAD $ -

1H24H7D

Buy Price$0.00

Sell Price$0.00

24h High$0.00

24h Low$0.00

How to Buy ATOM

1. Create an Account

2. Fund It

Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.

3. Start Trading

Buy and sell as much Cosmos Coin as you want with no slippage due to our deep liquidity.

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More about ATOM

Why Buy ATOM?

ATOM’s appeal to investors comes from its role as the native currency of the Cosmos ecosystem. ATOM appeals to investors because of its exciting pipeline, solid track record and strong community support with goals of connecting blockchains into a unified network. In addition to that, here are four more reasons why Canadians could be interested in buying ATOM. There is a need for blockchain interoperability. The cryptocurrency market faces a large test over the coming decade regarding adoption. Each blockchain carries strengths and weaknesses, which have potential on their own. The real opportunity comes with working together, which Cosmos and ATOM want to accomplish.

What Can You Do With ATOM?

The token has many use cases beyond holding it as a long-term investment in hopes of price appreciation. ATOM can be used as means of payment within the Cosmos networks and can be staked to further participate in the operations of the network.

How Long Does an Enjin Coin Take to Transact?

As an ERC-20 token on the Ethereum blockchain, Enjin is reliant on the Ethereum blockchain to process transactions. This means that gas fees and transaction times will fluctuate with the Ethereum blockchain depending on traffic and upgrades.

How Much ATOM Can I Buy?

ATOM, like other cryptocurrencies, is highly divisible. You can buy a whole ATOM coin or fractions of it. When opting to buy ATOM, a platform like Netcoins allows you to buy whatever dollar amount of ATOM coins you’d like. Buying ATOM in regular intervals (like days, weeks or months) is known as dollar-cost averaging and can be a great way to average the price you buy at. All of these options are available on Netcoins, Canada’s first publicly-owned, fully regulated cryptocurrency exchange.

Where to Keep Your ATOM?

You can buy ATOM from crypto trading platforms, like Netcoins, and leave your ATOM coins inside the platform. However, there are much safer options to storing your ATOM as leaving them in exchanges can expose them to certain risks like hacking and theft. The safest option to keeping your ATOM secure is to transfer them into an ATOM wallet. An ATOM wallet is a type of digital wallet that is used to send and receive ATOM, similar to a Google wallet or a physical wallet.

FAQs

WHY IS KYC (VERIFICATION) REQUIRED?

Netcoins USA is a licensed money service business under FinCEN, we adhere to the strict guidelines set by them for Money Transmitter Businesses. We are required to have a Know-Your-Customer (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers, as per American regulations.

WHAT DO I NEED TO PROVIDE FOR YOUR VERIFICATION PROCESS?

You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business in the US.

HOW CAN I FUND MY ACCOUNT?

Your Netcoins account can be funded with a crypto deposit, regular ACH, ACH pre-funding or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy ENJ in the US.

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