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How to buy Cosmos with Debit Card
Why investors buy Cosmos with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is ATOM a good investment?
Cosmos, which is introduced as "Blockchain Internet", tries to bring different blockchains together in one unit and from the very beginning solve several main problems that plague this technology. ATOM is the core cryptocurrency on top of the Cosmos platform, which is designed to facilitate communication, scaling and collaboration between independent blockchains. The projects launched in the Cosmos network allow the exchange of their tokens as well.
In addition, Cosmos presents itself as a set of tools, with its modular and adaptable features, available to developers who are ready to start working on the decentralization of the Internet and related financial infrastructure. In other words, Cosmos, known by its founding team as the Internet of Blockchain, aims to create a cryptographic network united by open-source tools to simplify transactions between them. It is this focus on customization and interoperability that sets Cosmos apart from other projects.
Who can buy Cosmos with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
What is Cosmos ?
The native staking token for Cosmos platform is called ATOM. This currency forms the foundation of the token economy of the Cosmos network. The ATOM symbol is widely and commonly used on exchanges in order to address the Cosmos currency. You can easily find information about this cryptocurrency by searching its symbol, ATOM.
What is ATOM
The functions and unique position of Cosmos in the blockchain field have made this cryptocurrency popular; In such a way that it was able to establish its position among the top digital currencies in just a few years. In 2017, in just the first 29 minutes of the Cosmos ICO, $17 million worth of tokens were sold.
The cost of ATOM ranged within a $2 to $8 scope in 2019 and 2020. In May 2021, ATOM's price reached a high of $29.44 during a bull run in the cryptocurrency market. The price of ATOM reached an all-time high of $44.54 four months later that year. Following that, ATOM's price briefly fell before rising once more to $43.22 in October 2021. As the general crypto market fluctuations hit in 2022, Cosmos’s main currency ATOM was mostly ranged $9 to $10. It then later surged to $11, $12 and even $13 by the start of 2023. The ATOM median price forecast for 2030 is expected to reach $103, with a long-term increase anticipated based on the Cosmos price prediction. Remember though, this is not a signal ir financial advice to purchase this cryptocurrency. We advise doing some research and seeking professional guidance before investing in the cryptocurrency market.
How to buy ATOM with Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy ATOM online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
Is ATOM Reliable?
High reliability can be seen as one of the most important components for this network. In fact, Cosmos has a very high level of security and encrypts all input and output data. Cosmos uses the proof-of-stake method, which is a more environmentally friendly way to secure a blockchain, in order to ensure the safety of its network. This method guarantees that no one spends money that isn't theirs. In addition, Cosmos SDK capabilities also bridge security boundaries between modules, helping developers make better decisions about module compatibility and limiting the scope for malicious or unexpected interactions.
Buy Cosmos at your ease
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FAQ
Frequently asked questions
The value of Cosmos is impacted by numerous factors. One of which is that it was generated with a fixed supply, similar to many cryptocurrencies. In this regard, it won't experience inflation and its price hikes could result from its scarcity. Also, all payment processes, transaction fees, rewards, etc. are paid through this digital currency. This has caused a great demand for ATOM digital currency. This demand, in turn, has caused its price to experience a good growth. In such a way that this currency has experienced a growth of 528% in the last two years.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
The Interchain Foundation (ICF), a Swiss non-profit organization that funds Open Source blockchain projects, is the organization that helped develop and launch Cosmos. Developers Jae Kwon and Ethan Buchman founded the Cosmos network in 2014 by creating Tendermint, the consensus algorithm that powered Cosmos. The two later wrote the Cosmos white paper and released its software in 2019. The Interchain Foundation launched the ATOM ICO in 2017, raising over $17 million.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.
After buying ATOM digital currency, you must transfer it to a wallet in order to keep it safe and secure. Cryptocurrency wallets are mainly divided into the two categories of hardware and software wallets. Hardware crypto wallets are the most secure, but software wallets usually have more features and a better user interface. Our exchange offers you a personal online wallet, which, because it can quickly connect to a wide range of trading options, greatly simplifies your trading of ATOM cryptocurrency.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.
