ExchangeNews

Kraken Exchange Announced to List Cosmos (ATOM).

The top European based exchange Kraken, announced that it will list Cosmos (ATOM).

According to Kraken Blog post, Cosmos aims to provide ATOM transfers at block 500,000. Kraken exchange will allow funding and trading once the transfers goes live. Users can place buy orders as soon as trading is enabled. The sell orders starts after the first ATOM deposit is clear. The ATOM trading starts Monday April 22 approximately 8am PST (4pm UTC)!

To deposit,  Navigate to Funding > Deposit > Cosmos (ATOM) then generate a deposit address and send ATOM to this address

The Cosmos trading pairs are :

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

Basically, Cosmos is a Proof-of-Stake blockchain interoperability project based on the Tendermint consensus protocol. Cosmos and Tendermint aim to provide a fast and highly scalable consensus protocol and reduce the time and complexity involved in building Blockchain applications, providing a stable interface for popular programming languages.

Cosmos comprises a decentralized network of independent, parallel blockchains, each powered by the core consensus protocol, with constituent and derivative blockchains within the Cosmos ecosystem understood as “zones” operating in proximity to the principal. ATOM is the token powering the main Cosmos Hub.

Kraken claims to list more assets, however, due to certain policies the company can’t never reveal any details in advance.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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