How to Buy Cosmos (ATOM) in Venezuela

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

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10$.

Coinbase Promo Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

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

Binance Signup

Step 3 – Locate (ATOM) Cosmos

As soon as your deposit has been affirmed, you will instantly have access to your assets and you can start purchasing and trading. To invest in (ATOM) Cosmos on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

In order to locate (ATOM) Cosmos, you will need to put the shortname of the coin (ATOM) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we have highlighted this also. Click on “ATOM/BTC” to advance.

Step 4 – Buying Cosmos (ATOM)

Once you have spotted (ATOM) Cosmos, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to create our Limit Order.

The “Price” field will be automatically filled with the recent valuation Cosmos (ATOM) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of ATOM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of ATOM.

If you are glad, click on “Buy ATOM”. Your order will be filled when a Vendor sells their ATOM for the price you introduced.

Step 5 – Withdraw (ATOM) Cosmos

Unless you are trading, best advise is not to keep coins on an Exchange for an longer period of time. To withdraw your Cosmos (ATOM), go to the tab called “Funds” and click on “Withdraw”. (ATOM) Cosmos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (ATOM) Cosmos by using the provided drop-down box. Put into the quantity of (ATOM) Cosmos you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and safed (ATOM) Cosmos in Venezuela.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the Cosmos (ATOM) is stored inside your wallet, you are done.