ABCC has now added a new cryptocurrency, ATOM, for trading. This has increased our trading pairs to include ATOM/USDT.
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ATOM is the native token of the Cosmos network. It will be primarily used as the native staking token for the Cosmos hub. With the Cosmos hub at the heart of the ecosystem under the hub and zone model of the Cosmos ecosystem, most if not all Blockchains would be connected to the Cosmos hub. This would make the ATOM tokens valuable as the Cosmos ecosystem expands its network.
Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision.
MORE TO KNOW
Q: Why does ABCC support ATOM Listing now?
A: After nearly three years of planning and development, Cosmos has officially released a live software in March. It launched Cosmos Hub, the first in a series of PoS blockchains that will be created in the Cosmos ecosystem.
Q: When will deposit and withdrawal open?
A: Deposit and withdrawal will be open once Cosmos chain mainnet completes.
Q: How does ABCC Exchange guarantee ATOM tokens?
A: All ATOM issued on ABCC Exchange will be 1:1 backed by commitment from our partners globally, and ABCC will assure timely delivery of ATOM token once transfer is enabled.
Q: How much ATOM can we buy on ABCC Exchange?
A: On the first batch, ABCC is secured for 100,000ATOM by our partners that are credible OTC liquidity providers and group of investors. The supply will be increased if the demand is strong.
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You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.