With $ATOM now deposited in your Keplr wallet, what’s the next move? You have two options: stake your $ATOM directly within Keplr or venture into the vast Cosmos ecosystem by transferring your assets to other Cosmos chains via IBC (Inter-Blockchain Communication).
When it comes to the Cosmos ecosystem, Osmosis stands out as a major player, boasting its high volume and serving as the premier DEX in the Cosmos ecosystem. It’s the ideal platform for swaps, liquidity, and various other activities.
This guide will show you how to move your $ATOM from Cosmos Hub to Osmosis. This move allows you to earn extra yield by providing liquidity.
- Create Keplr Wallet
- Connect your wallet on https://app.osmosis.zone/
- Open Keplr extension
- Click Send
- Select assets — Choose ATOM (Cosmos Hub)
- Click on IBC Send — Choose Osmosis
- The system will automatically pull your Osmosis address
- Enter the amount — Click Next
- Confirm the transaction — If okay, click Approve
- It’s done! Your IBC transfer has been executed successfully.
- Open https://app.osmosis.zone/
- Connect your Keplr Wallet on Osmosis
- Click on the Assets tab
- You should see your ATOM balance here
Note: That’s all! It is recommended to start by using small amounts if you are a first-time user. Try sending more as you gain experience with Keplr.
This article is made only as a guide and cannot be seen as a piece of financial advice. We assumed that when you are following this guide, you have already done your own research on the token and all the risks that might happen.
