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ATOM
ATOM
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Cosmos (ATOM) aims to solve the issue of interoperability between separate blockchains, creating a network of blockchain networks, dubbed the internet of blockchains. Currently blockchains and the transacting between them is siloed, which restricts development and relies on the already existing infrastructure which can lead to issues surrounding scalability and usability. Cosmos aims to change this by utilising open source tools to allow for interoperability by monitoring every blockchain in the network, known as a zone. Zone’s are independent and benefit from the full functionality of that network, allowing them to complete all tasks and execute any activities that the network would normally complete (transactions, voting, new token distribution etc) without any disruption to Cosmos. The Cosmos Hub is the place where all these zones (or blockchains) are connected. Every zone is connected to the hub through the protocol and maintains a constant record of the stare of each zone. Once a zone is connected to the hub, this can be used across all others connected to the hub. The ATOM token itself is used to secure the Cosmos Hub and the interchange services it provides. This is a proof of stake concept which allows for rewards in the form of newly minted ATOM and a share of transaction fees collected by the blockchain

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Frequently Asked Questions (FAQs)

The ATOM price is $8.5667 AUD, representing a +8.46% from the day prior.

Yes - you can easily buy and sell ATOM (ATOM) on Coinstash. Simply login or sign up, to start buying ATOM (ATOM) in minutes.

The best place to buy ATOM (ATOM) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell ATOM (ATOM) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of ATOM (ATOM) is $485.0M AUD in the last 24hrs, representing a +8.46% from the day prior.

ATOM (ATOM) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of ATOM (ATOM) is $3.4B AUD.

Yes - With Coinstash you can convert your ATOM (ATOM) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of ATOM (ATOM) is 390.7M.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling ATOM (ATOM) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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