WearepleasedtoannouncethatKrakenwilllistCosmos(ATOM).ATOMtradingstartsMondayApril22!
FundingandTradingstarttime
CosmosplanstoenableATOMtransfersatblock500,000,expectedatapproximately8amPST(4pmUTC)onMondaythe22nd.Krakenwillenablefundingandtradingshortlyaftertransfersgolive.Clientswillbeabletoplacebuyordersassoonastradingisenabled,butsellorderswillnotstartappearinguntilafterthefirstATOMdepositsclear.Extracautionisrequiredwhentradinganewlylistedasset–seethecautionabouttradingbelowformoreinformation.
Thestarttimeisapproximate.Checkthestatuspageforupdatesaroundthetimeofthelaunch.
Cosmostradingpairs
ATOM/USDATOM/EURATOM/CADATOM/BTCATOM/ETHHowtodeposit
NavigatetoFunding>Deposit>Cosmos(ATOM)thengenerateadepositaddressandsendATOMtothisaddress
WhatisCosmos?
CosmosisaProof-of-StakeblockchaininteroperabilityprojectbasedontheTendermintconsensusprotocol.CosmosandTendermintaimtoprovideafastandhighlyscalableconsensusprotocolandreducethetimeandcomplexityinvolvedinbuildingBlockchainapplications,providingastableinterfaceforpopularprogramminglanguages.Cosmoscomprisesadecentralizednetworkofindependent,parallelblockchains,eachpoweredbythecoreconsensusprotocol,withconstituentandderivativeblockchainswithintheCosmosecosystemunderstoodas“zones”operatinginproximitytotheprincipal.ATOMisthetokenpoweringthemainCosmosHub.
PriceHistory
ICO:$0.1(April2017–raised$17.3Mon173MATOMsold)
Current(forwardtraded):$4.32(April2019)
Supply
Total:236M
Inflation:7-20%peryear
ProjectWebsite
https://cosmos.network/WilltheassetbeavailableonKrakenPro?
ClientswillbeabletotradeATOMonbothKrakenandatKrakenPro.Ifyouhaven’ttriedKrakenProyet,wehighlyrecommendit.MostclientspreferitfortheimprovedUI,integratedchartsandtools.Also,itsupportsmobiletrading(clickhereonyourmobiledeviceandselect“Trading”inthebottomrighttogetstarted).
Whataboutmargintrading?
MargintradingwillnotbeavailableatlaunchforCosmos(ATOM),butmaybeenabledinthefuture.
Whataboutfuturesandindices?
KrakenFuturesandKrakenIndiceswillnotsupportCosmos(ATOM)atlaunch,butwewillreassessasthespotmarketsbecomemoredeveloped.
WhataboutOTCblocktrades?Kraken’sOTCdeskwillsupportCosmos(ATOM)atlaunch.
WillKrakenlistmoreassets?
Wedoplantolistmoreassets,however,ourpolicyistoneverrevealanydetailsinadvance–notevenaboutwhichassetsweareconsidering.Oursupportagentscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.
Investwithcaution
ListinganassetortokenontheexchangedoesnotconstituteanendorsementbyKraken,norinanywayarecommendationtobuy(orsell)theassetorparticipateintheassociatednetwork.Whilewedoextensiveresearchinourevaluationofanassetbeforelisting,wefocusonaspectsoftheproject’slegitimacy(itisnotillegalandnotascam),andonthesecurityandreliabilityofthesettlementlayer(ourriskinallowingdepositsandwithdrawalsofthetoken).Ourresearchdoesnotinanywayconsiderwhetherthepriceisjustified,orlikelytogoupordowninthefuture.Doyourownresearchandinvestatyourownrisk.
Tradewithcaution
Youshouldalwaysconsidertheavailableliquiditywhentradinginanymarketandmanagethisriskaccordingly.Buttheliquidityofanewlylistedassetmaybeverylow,socautionisespeciallywarranted.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).Tobesafe,werecommendtheuseoflimitorderstohelpensurethatyourordersdon’tgetfilledatunexpectedprices.
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