Bank transfers are ideal for large ATOM transactions due to their low fees and high reliability. If you’re looking for a secure and affordable payment method, this guide shows you how to purchase ATOM via bank transfer.
ATOM is the native cryptocurrency of the Cosmos Hub, a secure, decentralized blockchain at the heart of the Cosmos Network. It facilitates interoperability between blockchains and powers the Hub’s services, including staking and governance. Cosmos aims to create an “Internet of Blockchains,” where independent blockchains can seamlessly communicate and share value. ATOM holders play a vital role in securing the network by staking and participating in governance. The token’s utility extends to paying transaction fees and earning rewards through staking, making it essential for the Cosmos ecosystem.
ATOM powers the Cosmos Hub by supporting its interchain communication and shared security features. The token is integral to staking, where validators secure the network and process transactions. Stakers earn rewards in ATOM, incentivizing participation in the ecosystem. The Cosmos Hub’s Inter-Blockchain Communication (IBC) protocol enables ATOM to facilitate seamless transactions between blockchains. From staking to governance and enabling liquidity across the Cosmos ecosystem, ATOM is a versatile and foundational asset.
ATOM serves multiple purposes within the Cosmos ecosystem, extending its utility beyond staking and governance. By staking ATOM, users can earn rewards while contributing to the security of the Cosmos Hub. ATOM holders also play a key role in governance, voting on proposals that shape the network's future. Additionally, ATOM facilitates interchain transactions, enabling users to pay fees and access services across the interconnected blockchains within the Cosmos Network.
The best time to buy ATOM depends on market trends and your investment goals. As the Cosmos Hub introduces new features like Interchain Security or sees growth in its blockchain ecosystem, ATOM demand often rises. Market dips or announcements of major partnerships can also present good buying opportunities.
Bank transfers are best for large ATOM purchases, offering low fees and high reliability. This method ensures secure transactions while helping you save significantly on costs.
If you prefer not to use a bank transfer, there are several other payment options available for purchasing ATOM. You can explore alternatives such as debit cards, credit cards, Apple Pay, Google Pay, SEPA and PIX. Each method offers its own set of advantages depending on your location and preferences.
If ATOM isn’t what you're after, or if you're looking to explore other options, Kado supports over 40 assets across 40 chains, including popular tokens like BTC, ETH, USDC, SOL, and more. Simply pick your asset and follow the same easy steps!
Use a bank transfer for secure, affordable ATOM purchases — buy today!
Why use a bank transfer instead of a card?
Bank transfers typically have lower fees and higher transaction limits compared to card payments. They can also be a more secure option for larger transactions, reducing the risk of chargebacks that can occur with credit and debit card payments.
Why use Apple Pay instead of a card or bank transfer?
Using Apple Pay can save you time at checkout because it utilizes convenient features like Touch ID or Face ID for quick authentication. This means you can complete your crypto purchase in seconds without needing to enter card details manually.
