Before knowing about how a crypto exchange app like KoinBX can guide or enhance your trading experience. A network of blockchains designed to scale and cooperate together is powered by the blockchain platform Cosmos. The platform relies on a network of numerous distinct blockchains known as zones. Tendermint BFT, a high-performance, dependable, and secure consensus engine with strict fork-accountability policing actors’ bad behavior, powers these zones. The Tendermint BFT consensus method makes scaling public proof-of-stake blockchains simple.
Cosmos is a dynamic, decentralised network of linked applications and services. The Cosmos SDK, a cutting-edge blockchain technology, powers the Cosmos Hub and its rapidly growing orbit of sovereign chains.
Developers can utilise the SDK to develop innovative applications that add value by interacting with the Cosmos Hub.
How to buy Cosmos with KoinBX?
You must first register for a KoinBX account in order to buy Cosmos online. If you are unfamiliar with it, adhere to the instructions below.
Visit the KoinBX website or get the app from the App Store or Google Play Store.
After that, enter your email address and password to complete the platform registration.
Verify your email address after that.
Secure your Account
By using an Authenticator App or mobile text verification, you may secure your account. This step is optional, but it is usually advised that you use 2-factor authentication to secure your account for your own security.
KYC Verification
The subsequent stage, which is necessary for cryptocurrency trading, is KYC verification. KoinBX processes your KYC as swiftly as possible using the best identity verification technologies, which leads to a quicker onboarding procedure and a more seamless trading experience.
Money Deposit
- Adding money is the next stage. You can choose to deposit money in INR or digital currencies.
- For INR deposits, be sure to include your account number, bank name, IFSC code, and any other necessary details. Among other payment methods, you can transfer INR from your bank account to your KoinBX account.
- There are no extra costs involved in depositing cryptocurrency funds from your wallet or even from other exchanges. Get your deposit address from your KoinBX wallet first before doing this. Then, to transmit your bitcoin, enter this address in the ‘transmit Address’ field of your other wallet.
Buy Cosmos Atom.
- After adding money to your KoinBX wallet, you are prepared to go further. Visit the KoinBX Exchange and choose “ATOM/INR” to view the current Cosmos price in India.
- Enter the desired quantity of ATOM in INR in the box labelled “Buy” and “Sell,” click the “Buy” button, and then watch for ATOM to be transferred to your wallet once the order is executed.
Experience hassle-free trading on India’s reputable crypto exchange platform.
Now you can buy, sell, and trade Cosmos in the INR, USDT Markets of KoinBX.
Concluding Remarks
In recent years, crypto has gained significant popularity in India, with a growing number of people investing in digital assets. But many people are still clueless about the process for buying crypto in India due to the lack of clear regulations and guidelines from the Indian government. Also, the process of buying cryptos can be intimidating for beginners, but it is essential to choose the best and most reliable crypto exchange and take the necessary precautions to ensure a safe and secure investment.
Download here >> KoinBX Android App
Download here >> KoinBX iOS App
KoinBX is a state-of-the-art trading platform for digital assets that provides a variety of outstanding features designed to meet the needs of both seasoned investors and passionate crypto fans. Here are a few distinctive qualities that make KoinBX stand out from the competition.
