Where & How to Buy Cosmos (ATOM) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Cosmos on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
Reading time 3 minutes

Cosmos coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Cosmos this way. Follow our quick step guide below.

How to buy Cosmos quickly in 3 steps

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To buy Cosmos you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 10 crypto platforms for users based in

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Kraken review
4.0
Kraken
Min. Deposit $10
Fees 0.10% – 0.26%
No. assets 200+
Demo account Yes

Kraken review

Uphold review
4.3
Uphold
Min. Deposit $1
Fees $0.99
No. assets 250+
Demo account Yes

Uphold review

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Cosmos token

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Locate the search box and type ATOM. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Cosmos tokens! Not a big deal, right?

Where to buy ATOM easily

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The overall best platform to buy Cosmos for beginners is Coinbase .

Here are the top five places to buy Cosmos, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Coinbase: Best secure trading platform for all types of trader
  2. Kraken: Best for simple, global cryptocurrency trading from your phone
  3. Uphold: Best for building long term wealth
  4. KuCoin: Best social trading altcoin exchange
  5. Nexo: Best for earning interest & rewards

Read more about how we rate, rank and review platforms.

Best exchanges to buy Cosmos (ATOM), reviewed

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We found 10 crypto platforms for users based in

1. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

2. Kraken: Best for simple, global cryptocurrency trading from your phone

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4
Ratings

$10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

3. Uphold. Best for building long term wealth

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4
Ratings

$1

Min. deposit

$0

Fees

300

No. assets

Yes

Demo account

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies. 

Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention. 

Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies. 

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Fees & Costs

Pros & Cons

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

4. KuCoin. Best social trading altcoin exchange

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

5. Nexo. Best for earning interest & rewards

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.

You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest. 

The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee. 

Highlights

Pros & Cons

How to trade ATOM

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You can trade Cosmos on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how ATOM crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of ATOM/USDT is $1. You read the price charts and decide that now is a good time to start purchasing ATOM.
  2. Open a trade: You trade one USDT for one ATOM ($1 USD for 1 ATOM).
  3. Continue to monitor the price: The following month, one ATOM token is now worth $2, a 100% increase.
  4. Close your trade: You trade your ATOM token back to USDT for $2.

In this example, you buy and sell Cosmos, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Cosmos (ATOM)?

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The simplest way to buy Cosmos cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for ATOM.

  • Buy Cosmos with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Cosmos with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Cosmos (ATOM)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Cosmos then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Cosmos wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Cosmos?

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The answer depends on the current price and your own investment goals. Put simply, buying Cosmos, selling Cosmos, and trading ATOM are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Cosmos.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of ATOM, then a good time to purchase Cosmos is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Cosmos and selling it the next day probably isn’t why you’re here either.

How has Cosmos (ATOM) performed this year?

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The current Cosmos price today is $4.63, which is -89.65% versus its all time high of $44.70, which it reached on 20 September 2021. ATOM is -55.94% this year, with a 52 week high of $14.48 and a 52 week low of $3.64. 

Regardless, closely following Cosmos price news & analysis will help you decide when to pull the trigger.

Is Cosmos (ATOM) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Cosmos and its token to help you decide whether to invest in ATOM.

  • Internet of blockchains. The Cosmos network aims to create an internet of blockchains. Any developer can build a custom blockchain on the network that can easily transfer data and assets between each other while transaction fees are low and speed is fast. As more developers use the network, the value of ATOM may increase.  
  • Developers have more control. Blockchains built within Cosmos are created using the Cosmos Development Software Kit (SDK). This lets developers use existing modules or create new ones to make their own dApps on application-specific blockchains. SDK gives developers more control and governance, which is impossible using other networks. This should encourage more users over time. 
  • Cosmos 2.0. In September 2022, Cosmos released its new white paper outlining its plans for the next three years. One of the most notable changes was its new issuance model, which saw ATOM move from an inflationary coin to a deflationary coin. This means the number of tokens minted over time will decrease, increasing their scarcity and value. 
  • Over 260 apps and services on Cosmos. The Cosmos ecosystem has been used by lots of developers and has 263 apps and services built on it. These include many uses from smart contracts, NFTs, exchanges, wallets, marketplaces, and many more. These apps need ATOM tokens to function and the more developers that build will see an increase in the coin’s utility. 

Use this quick summary of pros and cons to compare Cosmos with other similar projects.

Pros

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  • The Cosmos network is great for developers
  • Proof-of-Stake algorithm helps democratise coin acquisition
  • Due to its volatile nature, the ATOM is an interesting coin to watch

Cons

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Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

FAQs

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01

Where can I buy Cosmos (ATOM)?

02

What do I need to buy ATOM?

03

Is Cosmos on Coinbase?

04

Is Cosmos on Binance?

05

Is Cosmos on eToro?

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What is the best wallet to store ATOM?


Sources & references

Prash Raval

Prash Raval

Financial Writer

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Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while running an educational service helping novice traders learn the markets. He has a keen interest in micro and small cap stocks....