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Hong Kong’s leading crypto exchange HashKey has announced that it will list Cosmos (ATOM). The exchange had previously announced the listing of Lido DAO (LDO) yesterday. With this latest listing, the number of listed altcoins on the crypto exchange will increase to 7.
HashKey to List Cosmos’ ATOM
HashKey, one of Hong Kong’s prominent crypto exchanges, has recently caught attention with its new listing announcement for Cosmos’ ATOM. Following the announcement of listing Lido DAO yesterday, HashKey has now announced the listing of ATOM today.
Being highly selective in altcoin listings, HashKey will increase the number of listed altcoins to 7 with the listing of ATOM. Currently, Bitcoin (BTC) is listed on the crypto exchange along with Ethereum (ETH), Tether (USDT), Avalanche (AVAX), Uniswap (UNI), and Chainlink (LINK), allowing trading of these cryptocurrencies. LDO and ATOM will soon be added to this list with the latest listing announcements.
Following the listing announcement, ATOM’s price has seen a movement. At the time of writing this article, it is trading at $9.64, marking a 4.61% increase in the last 24 hours. Despite the price increase, the trading volume of the altcoin has decreased by 23.83% compared to yesterday.
What is Cosmos (ATOM)?
Cosmos (ATOM) is a cryptocurrency and blockchain project in the crypto world. Cosmos is designed as a platform to connect and enable interaction between different blockchains. The underlying idea behind this project is to facilitate communication and value transfer between blockchain projects.
One of the core features of Cosmos is the “Inter-Blockchain Communication” (IBC) protocol. This protocol enables data and value transfer between different blockchains. In other words, different blockchains on the Cosmos network can communicate with each other and exchange information.
ATOM is the cryptocurrency used in the blockchains on the Cosmos network. This cryptocurrency is used for various operations on the network, such as payment of transaction fees, network security, and other functions. Cosmos is a project aiming for wider adoption and interaction of blockchain technology.
