Kraken is itemizing Cosmos (ATOM)


We're happy to announce that Kraken will record Cosmos (ATOM). ATOM buying and selling begins Monday April 22!

Funding and Buying and selling begin time

Cosmos plans to allow ATOM transfers at block 500,000, anticipated at roughly 8am PST (4pm UTC) on Monday the 22nd. Kraken will allow funding and buying and selling shortly after transfers go reside. Shoppers will have the ability to place purchase orders as quickly as buying and selling is enabled, however promote orders won't begin showing till after the primary ATOM deposits clear. Further warning is required when buying and selling a newly listed asset – see the warning about buying and selling beneath for extra data.

The beginning time is approximate. Verify the status page for updates across the time of the launch.

Cosmos buying and selling pairs

  • ATOM/USD
  • ATOM/EUR
  • ATOM/CAD
  • ATOM/BTC
  • ATOM/ETH

Learn how to deposit

Navigate to Funding > Deposit > Cosmos (ATOM) then generate a deposit deal with and ship ATOM to this deal with

What's Cosmos?

Cosmos is a Proof-of-Stake blockchain interoperability undertaking based mostly on the Tendermint consensus protocol. Cosmos and Tendermint purpose to supply a quick and extremely scalable consensus protocol and scale back the time and complexity concerned in constructing Blockchain purposes, offering a steady interface for widespread programming languages. Cosmos includes a decentralized community of impartial, parallel blockchains, every powered by the core consensus protocol, with constituent and spinoff blockchains throughout the Cosmos ecosystem understood as “zones” working in proximity to the principal. ATOM is the token powering the principle Cosmos Hub.

Value Historical past

ICO: $0.1 (April 2017 – raised $17.3M on 173M ATOM bought)

Present (ahead traded): $4.32 (April 2019)

Provide

Complete: 236M

Inflation: 7-20% per yr

Mission Web site

https://cosmos.community/

Will the asset be obtainable on Kraken Professional?

Shoppers will have the ability to commerce ATOM on each Kraken and at Kraken Pro. When you haven’t tried Kraken Professional but, we extremely advocate it. Most shoppers favor it for the improved UI, built-in charts and instruments. Additionally, it helps cell buying and selling (click on here in your cell gadget and choose “Buying and selling” within the backside proper to get began).

What about margin buying and selling?

Margin buying and selling won't be obtainable at launch for Cosmos (ATOM), however could also be enabled sooner or later.

What about futures and indices?

Kraken Futures and Kraken Indices won't assist Cosmos (ATOM) at launch, however we'll reassess because the spot markets grow to be extra developed.

What about OTC block trades?
Kraken’s OTC desk will assist Cosmos (ATOM) at launch.

Will Kraken record extra belongings?

We do plan to record extra belongings, nevertheless, our coverage is to by no means reveal any particulars prematurely – not even about which belongings we're contemplating. Our assist brokers can not reply any questions on which belongings we could also be itemizing sooner or later.

Make investments with warning

Itemizing an asset or token on the change doesn't represent an endorsement by Kraken, nor in any approach a suggestion to purchase (or promote) the asset or take part within the related community. Whereas we do in depth analysis in our analysis of an asset earlier than itemizing, we deal with elements of the undertaking’s legitimacy (it isn't unlawful and never a rip-off), and on the safety and reliability of the settlement layer (our threat in permitting deposits and withdrawals of the token). Our analysis doesn't in any approach take into account whether or not the value is justified, or prone to go up or down sooner or later. Do your personal analysis and make investments at your personal threat.

Commerce with warning

You need to all the time take into account the obtainable liquidity when buying and selling in any market and handle this threat accordingly. However the liquidity of a newly listed asset could also be very low, so warning is particularly warranted. Be extraordinarily cautious with market orders and orders that set off market orders (e.g. cease loss). To be secure, we advocate using restrict orders to assist make sure that your orders don’t get stuffed at sudden costs.

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