How to Buy Cosmos (ATOM) in Svalbard

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

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your welcome $10.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Cosmos (ATOM)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can commence buying and trading. To buy (ATOM) Cosmos on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover (ATOM) Cosmos, you will need to insert the short name of the asset (ATOM) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we have marked this also. Click on “ATOM/BTC” to go ahead.

Step 4 – Purchase (ATOM) Cosmos

Once you have spotted (ATOM) Cosmos, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our Limit Order.

The “Price” field will be automatically filled with the up-to-date rate (ATOM) Cosmos was traded for. This can be changed to your desired price. The “Amount” field is the quantity of ATOM you like to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of ATOM.

If you are satisfied, click on “Buy ATOM”. Your order will be filled when a Seller sells their ATOM for the price you offered.

Step 5 – Withdraw (ATOM) Cosmos

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. To take off your Cosmos (ATOM), hover over the tab called “Funds” and mouse click on “Withdraw”. (ATOM) Cosmos can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ATOM) Cosmos by using the given drop-down box. Enter the amount of Cosmos (ATOM) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You've successfully purchased and safed Cosmos (ATOM) in Svalbard.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (ATOM) Cosmos is safe within your wallet, you're all done.