How to Buy Cosmos (ATOM) in Micronesia

A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Micronesia

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your first 10$.

Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Cosmos (ATOM) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Cosmos (ATOM)

Once your deposit has been verified, you'll immediately have access to your assets and you can start buying and trading. To buy (ATOM) Cosmos on Binance, you'll want to hover over theExchangetab and then click onBasic”.

To find Cosmos (ATOM), you will need to put the cointype (ATOM) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click onATOM/BTCto continue.

Step 4 – Acquisition of Cosmos (ATOM)

As soon as you've located (ATOM) Cosmos, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order.

The field with thePricetag will be automatically filled with the most up-to-date valuation Cosmos (ATOM) was sold for. This can be changed to your favoured price. TheAmountfield is the amount of ATOM you wish to buy. TheTotalfield is the whole price in Bitcoin that you will settle for the whole amount of ATOM.

When you're glad, make a mouse click onBuy ATOM”. Your order will be filled when a Vendor sells their ATOM for the price you submitted.

Step 5 – Withdraw (ATOM) Cosmos

Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your Cosmos (ATOM), hover over theFundstab and click onWithdraw”. Cosmos (ATOM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Cosmos (ATOM) by using the given drop-down box. Put into the volumen of Cosmos (ATOM) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are happy, clickSubmit”. You could be asked for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and safed (ATOM) Cosmos in Micronesia.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (ATOM) Cosmos is safe inside your wallet, you're done.