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What is Cosmos and How to Buy

Cosmos is considered “The Internet of Blockchains”. Cosmos allows for dApps and services to connect with IBC, the Inter-Blockchain Communication protocol, enabling participants to freely exchange assets and data across decentralized blockchains.

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cosmos-atom-logo | Crypto Currency

What is Cosmos?

Cosmos considered the “Internet of Blockchains,” was co-founded and developed by Jae Kwon and Ethan Bushman in 2014. During this time, they had created Tendermint, the consensus algorithm that would later power Cosmos. The Cosmos white paper and software were released in 2019. Cosmos dApps and services connect with IBC, the Inter-Blockchain Communication protocol, enabling participants to freely exchange assets and data across decentralized blockchains.

Before Cosmos, blockchains had difficulties communicating with each other and remained compartmentalized. Cosmos solves this issue by creating an open-source environment where Blockchains are easier to build with faster transaction speeds so that networks can share data and tokens without centralized authorization. Cosmos is built upon a Proof of Stake model and uses ATOM as its native cryptocurrency. Cosmos is also a major component of building within the Metaverse.

Where can I buy ATOM?

H2cryptO – Cosmos is purchased easily through a centralized exchange, such as H2cryptO. H2cryptO offers a simple interface within our H2cryptO web/mobile app, and we offer exceptional 24/7/365 live support.

Why purchase ATOM?

Before Cosmos, blockchains had difficulties communicating with each other and remained compartmentalized. Cosmos solves this issue by creating an open-source environment where Blockchains are easier to build with faster transaction speeds so that networks can share data and tokens without centralized authorization. Cosmos is built upon a Proof of Stake model and uses ATOM as its native cryptocurrency. Cosmos is also a major component of building within the Metaverse.

Purchasing ATOM on H2cryptO:

  1. Sign up for an H2cryptO account. Provide full name/surname, email address, and a unique password (12 characters minimum).
  2. Verify your H2cryptO account. Please submit all documentation for Know Your Client (KYC) verification.
  3. Once KYC has been approved you are now eligible to deposit FIAT or Cryptocurrency. You can fund your cryptocurrency account by choosing a cryptocurrency, and then create a wallet address. Then you can send cryptocurrency to this address. Funding your account with FIAT currency can be completed by ACH, Wire Transfer, or Debit/Credit Card. 

  4. Once the ACH, wire transfer, or credit card transaction has been completed, you can start buying Cosmos! You now will have the ability to trade cryptocurrencies with 24/7/365 live client service support.

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