While the coin might have good long-term price potential, all crypto is a risky investment, and profits are not guaranteed, whether you choose to trade or HODL. EOS (EOS) is currently priced at $0.956, showing a slight decrease of 0.5% in the last 24 hours. The trading volume during this period was $133.56 million, contributing to a market capitalization of $1.07 billion. With a circulating supply in the market, EOS continues to be actively traded on platforms like Uphold, OKX, Nexo, Coinbase, EarnPark, and YouHodler. Investors can explore these platforms to buy or trade EOS tokens. Our experience with buying EOS on Binance was notably efficient and user-friendly.
The choice of wallet depends on your needs and the level of security you require. The EOS/USDT pair on OKX comprises 8.58% of the total EOS trading volume. And this pair also enjoys a high liquidity score of 465, per CoinMarketCap data. Besides that, you can even trade other spot pairs like EOS/USDC, EOS/ETH, and EOS/BTC, followed by at least 10 Futures instruments. Choose a date you want Uphold to process your future orders automatically.
Can I stake EOS for rewards?
In addition to these block producers, EOS has also established an authority called the EOS Core Arbitration Forum (ECAF), which is responsible for conflict resolution. EOS is certainly unique for being a trailblazer in the area of DPoS consensus. Not to mention, Dan Larimer, while a polarizing figure, is widely recognized for how to buy eos coin his contributions to the technology behind blockchain. 10% of the 1.02 billion EOS tokens at genesis went to the founders of the project, and the remaining 90% went to investors. While this distribution can be considered far more equitable than many others in the industry, the same investors contributed to EOS’s problems.
- Instead of mining the currency, users have the option to “stake” their coins.
- The number of EOS tokens awarded for blocks produced is based on the median value of expected pay published by all the block producers.
- If a direct pair is not available, changing EOS to BTC and then to any local currency is an easy option as well.
- FLOW also serves as collateral for creating secondary digital assets within the Flow ecosystem.
- OKX even supports EOS margin trades and offers 140 crypto options to convert EOS to any choice of asset.
Your primary concern should be security when selecting a wallet for your EOS crypto. The dApps that run on EOSIO are also referred to as “programmable smart contracts.” Think of these like computer programs that run on the platform when certain conditions are met. They execute an agreement or automate a workflow, like paying someone when a service is rendered or a product is delivered to a given location. There is currently no viable way to buy EOS with cash or PayPal.
EOS Energy Consumption
Moreover, investors often seek newer assets with high liquidity, trading volume, and awareness in a bullish crypto market. FLOW fits this description, making it appealing in such market conditions. Depending on your needs as an investor, the best trading platform for you may differ from the best trading https://www.tokenexus.com/ platform for someone else. If you’re located inside the United States, it’s a good idea to use a U.S-based crypto exchange like Coinbase or Gemini. Coinbase lets you earn free crypto in its Coinbase Learn program, and Gemini offers interest bearing accounts to grow your digital asset holdings passively.