Greetings, Pi42 traders! We’re excited to announce the listing of Cosmos Hub (ATOM) on our platform. You can now leverage Pi42 to seamlessly buy, sell, and trade ATOM with Indian Rupees (INR).
What is Cosmos Hub (ATOM)?
Launched in 2019, Cosmos Hub (ATOM) is the central blockchain within the Cosmos ecosystem. It acts as a hub that connects various independent blockchains, enabling seamless communication and data exchange between them. ATOM serves as the native token that powers the Cosmos Hub and incentivizes validators who secure the network.
Benefits of Cosmos Hub:
- Interoperability: Cosmos allows different blockchains to communicate and interact with each other, fostering a more interconnected blockchain ecosystem.
- Scalability: The Cosmos network addresses scalability limitations by enabling the creation of independent blockchains tailored to specific needs.
- Security: Cosmos Hub inherits the security of the underlying Tendermint Byzantine Fault Tolerance (BFT) consensus mechanism.
Trading ATOMINR on Pi42:
Excited to be a part of the Cosmos ecosystem? Here’s a quick guide:
- Login: Access your Pi42 account.
- Navigate: Head to the trading terminal.
- Select the Pair: Choose ATOMINR from the dropdown menu.
- Define your Position: Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.
- Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage risk.
- Execute your Trade: Click Buy/Long or Sell/Short based on your market analysis.
- Track your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.
Explore the Potential of a Connected Blockchain Future with ATOM
The integration of ATOMINR on Pi42 allows you to participate in the development of the Cosmos network, a key player in fostering interoperability within the blockchain space.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.