How to Buy Cosmos (ATOM) - A Step-by-Step Guide

It doesn't matter if you are in Toronto, Montreal, Calgary, or anywhere in between, Ndax gives you all the tools and support to buy and sell Cosmos in Canada.

Why buy ATOM?

Cosmos is a decentralized “internet of blockchains” that enables different blockchain networks to communicate with each other and exchange data. ATOM is the native governance token of Cosmos that can be staked to participate in governance decisions.

How to purchase ATOM on Ndax

  1. Sign up or create an account: Get instantly verified with Ndax's streamlined verification process.
  2. Fund your account with Canadian dollars: You have the option to fund your account with fiat currencies using Interac e-transfer, Wire Transfer, or a Bank Draft.
  3. Invest in ATOM: ATOM is highly divisible, so you can buy small amounts to get started. Trade CAD to ATOM with as little as $1 and with low trading fees of 0.2%.

Storing your Cosmos

After investing in Cosmos, the next step is to store your Cosmos in a secure cryptocurrency wallet. Depending on your own needs, investment amount, and preferences, you can keep your Cosmos on a trading platform, a physical hardware wallet, or a software wallet.

You are free to transfer your Cosmos to a private wallet from Ndax. However, if you decide to store your Cosmos in your Ndax wallet, we have all the security measures in place to keep your Cosmos safe and secure.

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What can you do with Cosmos?

  • Pay for Goods and Services: Online stores, merchants, restaurants, and retail environments continue to adopt ATOM and other cryptocurrencies as a means of payment.
  • Invest and Trade: On our trading platform, ATOM can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth, and profits.
  • Use as a Store of Value: Investors are using ATOM as a store of value.

Why buy ATOM on Ndax?

  • We take the fear out of trading: Ndax’s security standards are among the highest in the Canadian FinTech industry. Ndax holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies. Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
  • Grow your portfolio with Ndax’s recurring purchase feature: Set Cosmos recurring purchases to automatically buy ATOM to CAD each day, week, or month. Set regular purchases as low as $10.

Download the Ndax mobile app

Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device.

Download Ndax mobile app:

Google Play

App Store

Gain control of your ATOM investments with advanced trading options

The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:

  • Limit Order: Buy or sell orders executed at a specific price.
  • Stop order: Order to buy or sell once a cryptocurrency reaches a specific price point.
  • Trailing stop market order: An order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid, or ask.
  • Trailing stop limit order: Limit buy or sell orders triggered once a cryptocurrency touches a trailing amount set by the user.
  • Fill or kill (FOK) order: Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be canceled entirely.
  • Immediate or cancel order (IOC): Trade that executes immediately and cancels any unfilled portions of the order.
  • Reserve order (Iceberg Order): A large trade is divided into multiple limit orders. The orders are split into visible and concealed amounts.

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Are you ready to start trading ATOM

Start trading on Ndax today. Experience seamless transactions, top-notch security, and unparalleled support.

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Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.