Where to Buy Cosmos (ATOM) in 2022 - Best Cryptocurrency Exchanges (2023)

Cosmos is a decentralized blockchain interoperability system allowing multiple parallel blockchains to network and share data. Developers Jae Kwon and Ethan Buchman launched Tendermint in 2014, which led to the algorithm behind Cosmos, and its white paper in 2019. Tokens on the Cosmos network are known as ATOM.

Cosmos is backed by the Interchain Foundation (ICF), a Swiss non-profit that finances open-source blockchain projects and raised over $25 million at ICO (its initial coin offering) and in initial funding rounds. Its aim is to solve issues facing cryptocurrencies such as scalability and usability.

How to Buy Cosmos at eToro

Best Places to Buy Cosmos in 2022

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How to Sign Up at eToro –Full Step by Step Guide

Opening an account with a broker company is the first step to learning more about buying Cosmos (ATOM). Finding a broker who has access to the blockchain is critical, as Cosmos (ATOM) is listed on the Blockchain network.

A few of the most prominent crypto brokers in the United Kingdom have been discussed in this article. We recommend eToro as it’s the simplest and cost-effective broker to buy Cosmos (ATOM).

Step 1: Open an Account

To begin, go to the eToro website and click on the “Join Now” button in the middle of the screen to create a trading account. Enter the following information for yourself:

• Full name
• Nationality
• DOB
• Address
• Contact Details
• Username and Password

How to create an account on eToro

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Step 2: Upload ID

To comply with government rules, eToro will ask for a copy of your driver’s license or passport to verify the stated identity. To double-check the provided address, you’ll need a copy of your most recent utility bill or bank statement. Once the documents are uploaded, the verification will take place of its own accord.

Step 3: Make a Deposit

eToro requires a minimum deposit of $50, which can be made in a variety of ways, including:

• Debit cards
• Credit cards
• Bank transfers
• Skrill
• PayPal
• Neteller

eToro doesn’t charge a deposit fee. This is less expensive than some of its key competitors, such as Coinbase, which charges 3.99 percent to buy Bitcoin with a debit card.

How to fund your eToro account via e.g. Paypal

Furthermore, if you are a US resident and deposit funds using a USD-backed payment method, there is no transaction fee. The minimal deposit is $50 for US residents and $200 for most other nations.

The excellent news is eToro allows direct Cosmos (ATOM) purchases; thus, you can simply open an account, deposit funds, and buy ATOM. Aside from a bank transfer, all deposit methods credit your funds to your account immediately.

Step 4: Search for Cosmos

At this point in our step-by-step guide, you should have a funded eToro account. It is now time to purchase Enjin (ENJ). Entering ‘ENJ’ into the search box at the top of the page is the simplest way to achieve this.

• The procedure begins with entering the login and password into the account.
• In the search box, type Cosmos or ATOM.
• The popped-up search results will display a list, and investors must select the desired cryptocurrency by clicking on it.

How to Buy Cosmos (ATOM) on eToro

Lastly, click on the ‘Open Trade’ button to complete your investment.

Step 5: Buy Cosmos (ATOM)

You can now purchase Cosmos (ATOM) by simply entering the amount you want to invest ($25 minimum) in the ‘Amount’ box.

Cosmos price chart on eToro

Then, click the ‘Trade’ option and input the amount of money you would like to put into the coin. Finally, clicking ‘Open Trade’ will activate the operation, resulting in a successful investment in Cosmos (ATOM) coin.

Best Broker to Buy Cosmos (ATOM) in the UK

As of 2021, eToro, founded in 2007 and based in the United Kingdom, had more than 20 million members in around 100 countries. It includes millions of registered users in 43 US states and Washington, DC.

eToro began as a graphics-intensive forex platform, and it has updated those tools for cryptocurrency trading. Today users can trade further asset classes, for instance, stocks, ETFs and commodities.

ATOM is listed on eToro and so you can buy Cosmos and trade it directly on eToro’s platform.

Initial Deposit

eToro users can start trading for a minimum deposit of $50, and its trading platform allows investors to copytrade selected traders with a track record of beating the markets.

There’s also a copy portfolio service where rather than follow a trader you can replicate a certain portfolio allocation, e.g. 30% ATOM, 20% Ethereum, 50% Bitcoin. Both of these features come with no management fees.

Various Payment Options

Traders can pay with credit/debit cards, bank transfers, or e-wallets like PayPal, Skrill, VISA, or Neteller. Another fascinating tool provided by eToro is the ability for investors to buy and sell fractions of equities. For all beginners, this means that traders can acquire a fraction of stocks rather than a single share of a company using their eToro share trading account.

Regulation

eToro is regulated in the United Kingdom (UK) and around the world, with licenses from ASIC, the Financial Conduct Authority (FCA), and CySEC. Furthermore, eToro is a member of the Financial Services Compensation Scheme (FSCS) , which safeguards the first £85,000 of investors’ cash in the event of bankruptcy of the broker.

On eToro, buying and selling can be done both online and on mobile devices via their app. The procedure of opening an eToro account is simple and takes only a few minutes. Payment can be made using a variety of methods, including debit/credit cards, e-wallets, bank transfers, and Paypal.

Pros & Cons of the eToro platform:

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2 – Binance

Binance is the largest cryptocurrency exchange in the world in terms of daily trading volume. It was established in 2017 and is based in the Cayman Islands. Changpeng Zhao, a developer who previously designed high-frequency trading software, launched Binance. It was founded in China but relocated its headquarters due to the Chinese government threatening to ban Bitcoin.

The main benefit of Binance is the number of altcoins on offer, and the low trading fee – maker and taker fees are 0.1 percent, or 0.075% when using BNB to pay for fees, which is lower than Coinbase. It gets cheaper to trade if you put in high volume as those fee percentages are reduced further.

Expert traders can use Binance’s futures and margin trading features, to trade altcoins with leverage. Binance’s high liquidity is another reason why it is popular – it’s possible to get filled on large orders without slippage and there are less wicks than on smaller exchanges.

Professional cryptocurrency traders have found a home on Binance, which has one of the fastest order execution speeds and institutional-grade research reports. Over-the-counter (OTC) trading between private parties was launched in 2019 for more than 20 (USD 1 million) BTC trades. Many new coins and trading pairs were created due to an incubator lab for blockchain startup ideas and a launchpad for ICOs.

Binance has over 313,000 daily active users. The good news is you can buy Cosmos (ATOM) and trade it on Binance. The Cosmos network upgrade & hard fork was listed on 28 Jan 2021.

Pros & Cons of the Binanceplatform:

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3 – Coinbase

Coinbase was founded in San Francisco about a decade ago, one of the world’s foremost cryptocurrency exchanges went public in April and is currently valued at around $50 billion, which is around the same as Hyundai.

Coinbase hit that market valuation as cryptocurrency demand increased, fueled by thousands of stimulus dollars and long hours at home quarantine. When Covid-19 struck America, Bitcoin, the most popular digital currency, was worth less than $5,000, compared to roughly $50,000 a little more than a year later.

ATOM began trading on Coinbase Pro on Tuesday, February 14. ATOM is supported in all Coinbase-supported jurisdictions. Previously, transfers were only available during business hours, Pacific Standard Time.

Once sufficient ATOM supply was produced on the platform, trading on the ATOM/USD and ATOM/BTC order books commenced in stages, starting with post-only mode and progressing to full trading once our parameters for a healthy market were reached. ATOM support will be available immediately in all Coinbase-supported jurisdictions.

Pros & Cons of the Coinbaseplatform:

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4 – Bitfinex

Bitfinex is a cryptocurrency exchange based in Hong Kong that has been in operation since late 2012. Bitfinex has the world’s most liquid order book. For traders, high volume is vital because it provides a low spread, which is the gap between the best bid and asks prices.

Bitfinex has an advanced, customizable graphical user interface, over 50 trading pairs (for example, BTC/ETH), and numerous order types such as limit, market, stop, stop-limit, trailing stop, fill or kill, and scaled orders. The trading platform UI on Bitfinex can be customized. You will also have access to advanced charting features and API access. These characteristics combine to make it a popular exchange among more experienced bitcoin dealers. For example, funding and Margin Trading Users of Bitfinex’s P2P (Peer to Peer) margin trading platform can borrow and trade with up to 3.3x leverage.

Borrowing terms (amount, length, and interest rate) can be set by the user or determined automatically by Bitfinex. On the other hand, Cryptocurrency owners can securely lend their cash to traders to earn interest. Users can offer funding in various currencies and assets at the rate and length of their choosing.

Warning:Margin trading increases both upside and downside risks and is unsuitable for inexperienced traders. Margin funding secures your funds on Bitfinex for the term of the loan.

Fees on Bitfinex –Bitfinex operates on a taker-maker fee scheme, which means that customers who complete current orders are considered takers, while traders who place new limit orders are called makers. Fees for takers begin at 0.2 percent and reduce as low as 0% for large manufacturer orders. There is no trading cost for big orders placed through the OTC desk.

Bank wires carry a 0.1 percent deposit and withdrawal fee, which might increase to 1% if you need an expedited withdrawal. Deposits of cryptocurrency usually are free of charge. However, withdrawals may incur a modest cost depending on the currency withdrawn.

Bitfinex listed Cosmos (ATOM) back on April 15, 2021. ATOM will be available to trade with US Dollars (ATOM/USD) and Tether tokens (ATOM/USDt).

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5 – KuCoin

KuCoin established itself as a one-stop shop for all sorts of cryptocurrency activities. Since its inception in August 2017, the KuCoin exchange has developed to include over 200 cryptocurrencies and 400 markets, making it one of the most vibrant crypto hubs online.

It provides bank-level security, a slick interface, a user-friendly UX, and a wide range of crypto services, including:

• Margin and futures trading
• A built-in P2P exchange
• Ability to buy crypto with a credit or debit card
• Instant-exchange services
• Ability to earn crypto by lending or staking via its Pool-X
• Opportunity to participate in new initial exchange offerings (IEOs) via KuCoin Spotlight

Besides, KuCoin has some of the lowest fees because it lists small-cap cryptocurrencies with significant upside potential, has a vast range of coins, lesser-known cryptos, and strong profit-sharing incentives – up to 90% of trading fees are returned to the KuCoin community via its KuCoin Shares (KCS) tokens.

Trading Fees –Kucoin’s trading fee structure is pretty straightforward. The platform charges 0.1 percent to both makers and takers, making it one of the cheapest cryptocurrency exchanges online. If you own the platform’s native Kucoin Shares tokens, you can further minimize your fees.

KuCoin listed Cosmos (ATOM) back on May 24, 2019, and supported trading pairs include ATOM/BTC, ATOM/ETH, ATOM/USDT.

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6 – Bybit

Bybit, founded in 2018, is a forward-thinking, rapidly expanding cryptocurrency derivatives exchange. A team of individuals with experience in investment banking and the forex sector formed the organization. Bybit’s headquarters are in Singapore, and the company is registered in the British Virgin Islands. It promises a worldwide economy and offers a trading system that appears to be fast, secure, and transparent. It has set out on a quest to create the next-generation financial ecosystem, which will be powered by innovative and powerful blockchain technology.

With over 1.6 million Bybit users worldwide, whether retail or professional clients, Bybit stays customer-focused and strives to give the greatest user experience possible. There are numerous similarities between the exchangers, Bybit has included several distinguishing characteristics that may make them appealing.

Bybit exchange provides three contract alternatives for trade derivatives products, including Bitcoin and other cryptocurrencies:

• Inverse Perpetual
• USDT Perpetual
• Inverse Futures

It provides complete access to various trading tools, including cross and isolated margin trading. In addition, Bybit provides 100X leverage trading, which is not adjustable when used with the cross-margin option. Limit orders, conditional orders or conditional limit orders, stop-loss orders, and advanced orders such as Good till Cancelled, Immediate or Cancel (IOC order), Fill or Kill are all supported by Bybit.

Moreover, Bybit offers a variety of data analysis tools for accessing data, including price moving averages, moving average indicators, and monthly price ranges. It also contains funding information, individual index prices, a rolling volatility chart, BTC daily realized volatility, market analysis, and the most recent news. It offers the crypto community a superb trading experience with an easy-to-use user interface.

Market takers pay 0.075 percent, while market makers pay -0.025 percent. As a result, they will be compensated when a market maker opens a transaction. This low cost encourages market makers to stay active and fill the order book.

Pros & Cons of the Coinbaseplatform:

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What is Cosmos (ATOM)?

Cosmos (ATOM) is a decentralized ecosystem of separate blockchains that All In Bits Inc (dba Tendermint Inc) expects will lay the groundwork for the next generation of internet technologies. Rather than participating in crypto faction wars, Cosmos links them all together, enabling interoperability, currency exchanges, and an Internet of Blockchains (IoB). Atom (ATOM) is the network’s proprietary staking coin that also tokenizes transactions.

In simple words, Cosmos is a cryptocurrency blockchain project whose goal is to solve some of the issues preventing cryptocurrencies from becoming more widely accepted. These are a few of the issues:

Scalability: As a blockchain’s transaction volume grows, the traditional proof-of-work algorithm takes longer to process each transaction. The native Tendermint BFT byzantine fault-tolerant consensus engine in Cosmos tries to overcome this problem.

Usability:Blockchain projects are complex, and even experienced software developers find it challenging to use and deploy them. Developers can use the Cosmos SDK platform to create a more flexible framework for incorporating blockchain technology into their projects.

Compatibility: Cryptocurrencies based on various blockchains are often unable to “communicate” or exchange data. The IBC Protocol from Cosmos is a messaging-like protocol that allows blockchains to be more compatible.

The Cosmos token, ATOM, is used to power the network’s functionality and can be purchased and sold on several major exchanges. Cosmos was established in 2014, and because of its unique structure, it quickly soared through the ranks of cryptocurrency initiatives. With a market capitalization of around $1.56 billion, Cosmos is currently the 61st largest cryptocurrency by total market capitalization.

Is it Worth Buying Cosmos (ATOM) in 2021?

Cosmos’ value is projected to rise in the future, as scarcity tends to drive up prices. Please keep in mind that any investment has some risk. Invest in what you can achieve before drawing any judgments and undertake as much research as possible. Cosmos has a lot of long-term potentials and appears to be well-positioned to endure. However, it is a volatile and high-risk business, so don’t put money into it that you can’t afford to lose.

Before you buy, please do your homework on ATOM, its competitors, and the cryptocurrency business. Since the beginning of the year, ATOM has seen tremendous growth. According to CoinMarketCap data, its price has increased by 426 percent from January 1. On September 20, it reached a new all-time high of $44.80.

Given how dramatically the price of Cosmos has risen in recent months, it may have already reached its peak. This isn’t a significant problem if you’re interested in long-term investing and intend to keep your crypto for several years. Just keep in mind that you may not experience results right away. Consider including Cosmos as a minor part of your portfolio if you enjoy what you’ve read. There’s much danger involved with cryptocurrency investments, so only spend what you can afford to lose.

Will the Price of Cosmos (ATOM) Go Up in 2021?

After reaching $44, the price dropped abruptly to around $30, where it has been consolidating around the support level. Ever since, ATOM/USD has formed a wedge, which can be seen on the H4 and D1 time frames. Thus it supports a bullish bias in ATOM and signifies that ATOM’s bull run isn’t quite finished yet. It looks like the ATOM/USD coin’s price is only consolidating for another jump higher.

The 55 and 200 EMAs also support this; both EMA bands have broadened significantly since the Golden Cross formed in August. Traders might expect ATOM to move above $60 if the price breaks above the wedge.

Cosmos (ATOM) Line Chart – CoinMarketCap

Trading Beastsforecasts a neutral-bullish market for the price of the ATOM token in the future years. According to their predictions, the price of ATOM towards the end of the year will be around $30.74, which is close to the most recent support zone. The price will be $33 by the end of 2022. Only in 2024 could we expect to see a genuine break above the previous all-time high.

WalletInvestorbelieves that the price of ATOM will rise, but more substantially. According to their calculations, the price will stabilize over $50 in 2022, representing a more than 55 percent ROI for investors who purchase today. The price will continue to grow in the following years, reaching $120 by the end of 2026.

Long Forecastcontinues the forecast pattern, predicting a profitable decade for ATOM investors. Their ATOM coin price prediction implies that the coin will reach a new all-time high before the end of the year. The price estimate for 2022 is likewise bullish, with the price expected to stabilize around $60 after reaching a new all-time high of $71. ATOM’s price is predicted to have increased in the next few years.

DigitalCoinPriceAnother cryptocurrency fortune-teller, DigitalCoinPrice, has predicted some very excellent fortune for ATOM’s future pricing. They believe that ATOM will be worth roughly $60 by 2022. Each year after that, new all-time highs will be set, and by 2027, ATOM’s price will be far above $100. This is perhaps the most optimistic ATOM price projection, but given the nature of the cryptocurrency industry, it is highly plausible.

How to Choose the Right Crypto Broker

These are the characteristics to look for while selecting the best bitcoin exchange for you. Are you ready to start investing in and trading cryptocurrencies?

Hundreds of platforms worldwide are ready to provide you with access to thousands of digital currencies. With so many features, you may be unsure where to go for the finest cryptocurrency exchanges and apps. When looking for cryptocurrency platforms, look for the following features and benefits.

1. Crypto selection

The number of currencies with which you can trade varies greatly between exchanges. If you’re a beginner trader, you’re probably only interested in Bitcoin and maybe a couple of other popular currencies.

Thus a large selection may overcomplicate the platform for you. However, if you’re more experienced and have the time to do your research, you might prefer an exchange with an extensive range of lesser-known coins that you can invest in early.

2. Safety & Security

Crypto may appear shady because of a lack of government oversight and its use on the black market. Most big platforms, such as eToro, Coinbase, and Binance, are aware of this and take considerable efforts to secure your personal and financial information along with your holdings against theft. Security measures such as two-factor authentication (2FA), encryption, and cold storage should be considered (offline storage to protect against theft and hacking).

3. Fees

As competition grows and risk diminishes, industry fees are anticipated to standardize and fall across the board. For the time being, there is a vast range. On reputable exchanges, there is usually a trading fee and the possibility of additional commission costs. eToro and Binance are well-known for their relatively cheap fees.

4. Accessibility & Availability

Can you utilize the exchange while in your country and state, according to regulations? If an exchange is not currently available in your state, keep a watch out because companies are constantly growing. Platforms should keep you informed, but frequent changes and lousy customer service are not unusual.

So it’s a good idea to keep an eye out for yourself. Stay tuned to websites and social pages of eToro, Binance, Coinbase, and other cryptocurrencies pages for updates.

5. Buy/trade options

You may fund your account and buy cryptocurrency by connecting your bank account and transferring funds. You can deposit with a debit or credit card. Some platforms may even let crypto-to-crypto trading, while others may not. Choose an exchange that offers maximum payment options.

6. Wallet

Not every trading site includes a wallet for storing your cryptocurrency holdings. It may be easier to manage your funds and trade on the same platform. However, if you have a substantial amount of cryptocurrency, you should consider using an external cold wallet for increased security.

7. Mobile apps

Although cryptocurrency may be the future currency, not every site is currently on board with the technology. A robust and user-friendly investment mobile app might allow you to maintain your cryptocurrency account and conduct transactions on the go without having to navigate a cumbersome mobile website.

8. Customer service

Customer service on cryptocurrency platforms is not always the best. This is unfortunate since if something goes wrong with your account, you’ll want an exchange that responds quickly to your demands. If you stumble across an exchange that has received excellent rankings for service, this is a great advantage that could significantly improve your experience.

When you’re considering an investment, follow these things:

Every cryptocurrency has risks, and this is particularly true for Cosmos (ATOM). So, whenever you invest, make sure you don’t get caught up in FOMO. Ere investing in any digital asset, you should do your own study in addition to following others.

1 – Research, research, study: Before investing your money, conduct thorough research on the product to avoid hazards related with it.

Here are the several ways we investigate

• Make a personal financial plan.
• Evaluate your risk-taking comfort zone.
• Consider a proper investment combination.
• Be cautious if you decide to invest extensively in leveraged products.
• Make and keep an emergency fund.
• Take into account dollar-cost averaging.
• Take advantage of your broker’s leverage“free money.”
• Consider rebalancing your portfolio on occasions.
• Avoid situations that could lead to fraud.

Buying Cosmos (ATOM) as a CFD Product

CFD trading is described as “the purchasing and selling of CFDs,” with the term “CFD” standing for “contract for difference.” CFDs are a type of derivative product since they allow you to speculate on financial markets such as stocks, currency, indexes, and commodities without owning the underlying assets.

Instead, when you trade a CFD, you agree to swap the difference in the price of an asset between the time the contract is opened and the time it is closed. One of the key advantages of CFD trading is that you can bet on price changes in either direction, with the amount of profit or loss you make depending on how accurate your forecast is.

Finally, Contract for Difference trading has made its way into the cryptocurrency industry, and Cosmos (ATOM) is available as a CFD product now. If you’re having trouble understanding bitcoin trading and where to keep your crypto funds, you may use CFDs to profit from Cosmos (ATOM). We recommend trading Cosmos (ATOM) CFDs on the Binance or Coinbase platforms since these are regulated and allow you to choose from various analytical tools.

Taxation onCosmos (ATOM) Earnings:

Did you purchase, sell, use, or trade cryptocurrency? If this is the case, you may owe taxes if you are a US taxpayer. Here’s an explanation of what that can imply, the actions you might need to take, the forms you’ll need, and how profits and losses may influence your taxes.

Do I have to pay cryptocurrency taxes?

We see cryptocurrency as the foundation for tomorrow’s open financial system, but it is also a component of today’s traditional one. The Internal Revenue Service (IRS) has produced crypto tax guidance to answer the many queries about crypto and taxes.

There is much contradictory information, but make no mistake: you must disclose gains and losses on each deal or when you acquire cryptocurrency, even if the gain or loss is insignificant. Whether you take tax form from a crypto exchange or not, you are responsible for reporting any income and transactions to the IRS. For this purpose, brokers and exchanges like eToro, Binance, and Coinbase make transaction history available.

If you’re a non-US investor, keep in mind that taxes on cryptocurrency vary by nation. This guide only addresses the requirements in the United States. Unless you have specific US tax duties (uncommon), visit your local country tax professional to confirm your tax reporting obligations in your home jurisdiction.

Buying and selling cryptocurrency is taxable as the IRS deems cryptocurrency to be property instead of cash. As a result, tax regulations that apply to property transactions (but not real estate transactions), such as selling valuable coins or vintage vehicles that can rise in value, also apply to bitcoin, ethereum, and other cryptocurrencies.

The IRS isn’t playing games. Failure to declare income, including revenue from cryptocurrency sales, may result in IRS fines. Beginning with 2019 tax returns, the IRS will require you to answer “yes” or “no” to a question concerning whether you had any cryptocurrency transactions during the year. Regarding your reporting duties, please speak with a tax-planning professional.

With that in mind, here’s a list of steps you can take to learn whether you need to pay crypto taxes, how to calculate the amount, and what forms you’ll need. Let’s get started.

Tax implications of airdrops

If you obtained free cryptocurrency through an airdrop, their use will affect how it is taxed. Because airdrops are similar to free money received in a giveaway or a lottery prize, they should be taxable as ordinary income at the fair market value on the day of receipt.

If it’s in your wallet but your exchange hasn’t yet begun supporting the protocol, so you can’t do anything with it, it’s not yet taxable. When you have the power to move, sell, exchange, or otherwise do something with the cryptocurrency you received in a fork, it becomes taxable. For IRS guidance on forks and airdrops, see IRS FAQs (Q21-Q24) and Rev Rul 2019-24.

So you’ve got some crypto activities to report?

To begin, you’ll need a unified view of all your cryptocurrency-related transactions, each of which should be recorded on your tax return.

Tax Implications on charitable contributions and crypto gifts

Recipient of a gift:If you are fortunate enough to get cryptocurrency as a gift, you are unlikely to have a taxable event unless you sell the cryptocurrency. Your cost basis would be the same as the individual who gave it to you when you do this.

The person who gives the gift is: You can gift up to$15,000in cryptocurrency to each recipient per year without paying taxes. If the value of your gift exceeds$15,000 per recipient, you must file a gift tax return.

Charity donations:If you gift bitcoin directly to a 501 (3) charitable organization, you can claim a charitable deduction equal to the donated cryptocurrency’s fair market value.

Automated Trading With Robots

A trading robotis a computer program that, on a computerized basis, executes all of the activities of a professional trader on an exchange. The computer software is a fully automated version of tried-and-true trading techniques. Regardless of the direction in which asset values are moving, robots tend to outperform humans during periods of substantial market volatility. This is because they rely on trading strategies that are meant to generate profits even when the market is down.

In addition, the most successful bitcoin bots in the world are known for their lightning-fast research and execution. As a result, they can complete a huge number of transactions every day and thereby take advantage of any trading opportunities that arise.

Trading Enjin (ENJ) can be a difficult profession for anyone, and there is no assurance that your market analysis will result in a profit. There are other sure ways to grow your capital with little to no effort to get around this problem. Ideally, the bots make a profit, and that profit is bigger in risk-adjusted terms than if you had just bought and held the same coins throughout.

Cosmos (ATOM) Price Predictions: Where Does Cosmos (ATOM) Go From Here?

As more organizations incorporate blockchain technology into their processes, the need for a platform that allows blockchains to communicate with one another grows. Cosmos is one of these systems, with its native currency, ATOM, aiming to create an “Internet of Blockchains” in the following years. According to our projections, long-term growth is expected in Cosmos coin.

Cosmos (ATOM) Daily Price Chart

Cosmos (ATOM) Price Prediction for 2021

The Cosmos network’s scalability will be increased to 1,00,000 transactions per second, removing the blockchain’s energy-intensive technique. The network is quite popular, with various projects built on it, and if developments continue, ATOM might reach $30, an all-time high, as per our prediction.

Cosmos (ATOM) Price Prediction for 2022

With many partnerships and collaborations, as well as community investment, the market expects ATOM to perform well and reach a price of $38, which is a difficult but attainable goal in 2022.

Cosmos (ATOM) Price Prediction for 2023

ATOM pricing may experience some cloudy days as a result of changes in government policies and laws. Buyers will have plenty of opportunities to sell Cosmos for-profit and stability if the ATOM price holds support at the 100 SMA. ATOM is expected to reach a high of $42 by the end of 2023.

Cosmos (ATOM) Upward Channel Breakout – Fibonacci Extension

Cosmos (ATOM) Price Prediction for 2024

Additional short-, medium-, and long-term price objectives can be established to purchase or sell ATOM, making the race to climax for Cosmos price less challenging. Starting with a low of $50, it may rise to $55 in the long run.

Cosmos (ATOM) Price Prediction for 2025

Despite the fact that ATOM/USD has dropped, one of the most optimistic on-chain measures in favor of ATOM is the huge growth in the number of coins placed into the contract, which is based on projections and resistance levels. By the end of 2025, the price of Cosmos (ATOM) is expected to reach a high of $60.

Summary

Cosmos (ATOM) is a coin that supports an ecosystem of blockchains that are meant to scale and communicate with one another. Cosmos is a proof-of-stake chain, and the team’s goal is to “build an Internet of Blockchains, a network of blockchains capable of communicating with each other in a decentralized manner.” ATOM holders can stake their tokens to help keep the network running and gain more ATOM as a reward.

If you’re ready to take the plunge to get in on the action, you can complete your crypto journey using our recommended broker, eToro. It only takes three minutes to get your account set up and ready to purchase Cosmos (ATOM) using Bitcoin you buy on eToro and then transfer to Binance, which allows you to margin trade Cosmos (ATOM).

You should also remember the following:

• Investing in and trading Cosmos (ATOM) necessitates extensive research and effort.
• Cosmos (ATOM) is a high-risk investment.
• Investjustwhatyoucanaffordtolose.
• Onlyuseregisteredbrokersandexchangeswhentradingorinvesting.
• You should also consult review sites and online specialists for their thoughts on Cosmos (ATOM).

FAQs