How to Convert ATOM to ETH
With Rubix, it could not be easier to exchange ATOM to ETH. Start by signing up with Rubix, and depositing ATOM so you can use it for trades and purchases. Once your ATOM is in your Rubix wallet, set up a currency pairing of ATOM to ETH, input the amount of Cosmos you want to trade, and approve the transaction.
About ATOM & ETH
What is Cosmos?
Cosmos is a cryptocurrency that follows in the footsteps of Ethereum and positions itself as a competitor. While Ethereum was the original blockchain that enabled smart contracts to create apps, financial services, and games on the blockchain, Cosmos has implemented fresh innovations like Proof-of-Stake that cut down on the electrical and environmental costs of cryptocurrency.
Furthermore, Cosmos stands as an interoperable network of blockchains that promises unparalleled scalability and new functionality. This is an important antidote to the charges of over-centralization and environmental cost that many lever against the older cryptocurrencies. It is currently a race between Cosmos, other third-generation coins, and Ethereum to see which will be the first to combine cutting-edge technology and mass-market penetration.
What is Ethereum?
Ethereum is a Proof-of-Work blockchain and the first blockchain to support smart contracts. Next to ATOM and other newer cryptocurrencies, ETH has a few apparent disadvantages, such as the lack of Proof-of-Stake and scaling capabilities, which will being addressed with Ethereum 2.0. However, it stands as a potent in-between amidst the original Bitcoin and third-generation smart coins.
While Bitcoin has the greatest name recognition, highest market cap and stands as a sort of digital gold, it does not have the advanced technical capabilities of newer blockchains. On the other hand, Ethereum stands as the happy medium between smart chain programming options and time-in-industry that helps contribute to adoption. As decentralized finance continues growing and the long-awaited scalable, Proof-of-Stake Ethereum 2.0 launch begins, Ethereum may well soar to new heights.
Convert ATOM to ETH using Rubix
Whether you got ATOM as a gift, earned it through staking rewards, or bought it yourself, you may want to exchange some of it for ETH. When you are looking to diversify or change your portfolio, trust Rubix for your crypto trades. We offer unparalleled convenience and security with our easy-to-use interface, high liquidity, and numerous coin-to-coin pairings that help you cut down on transaction fees.