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      Gemini Adds Support for New Blockchain Network: Cosmos (ATOM)

      Gemini's logo Gemini Jan 10, 2023 14:30:47

      We are thrilled to announce support for Cosmos (ATOM), adding a new Layer 1 blockchain to Gemini’s growing list of supported networks!

      ATOM is now available for deposits on Gemini.*

      Trading for ATOM will follow, opening first on our API/FIX and ActiveTrader applications for the USD trading pair. It will then become available on the Gemini Mobile App and website on a rolling basis for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.

      Follow our Twitter account @Gemini for real-time updates as ATOM becomes available for trading.

      Adding Cosmos to our list of supported networks is another important milestone on our journey to expand access to the vast crypto ecosystem. Cosmos is a proof-of-stake, multi-chain blockchain intended to facilitate data transfer among other blockchains. The network operates via a “hub and spoke” model where independent blockchains (“Zones”) interact with a single chain (“Hub”). This system can enable near-instant transfers between multiple blockchains without the need for a central party such as an exchange. ATOM is the native token on the Cosmos network, used for staking, transaction payments, and governance voting.

      With the addition of Cosmos, Gemini is now compatible with 12 blockchain networks, including: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Bitcoin Cash (BCH), Polkadot (DOT), Avalanche (AVAX), Zcash (ZEC), Filecoin (FIL), Dogecoin (DOGE), and Tezos (XTZ).

      Gemini supports more than 120 tokens! Learn more about all the tokens we support for trading and/or custody here.

      We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

      Onward and Upward!

      Team Gemini

      *ATOM can be stored in Gemini’s exchange wallet but is not yet available in Gemini Custody.

      Read the original article at gemini

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