How to Buy EOS

EOS first burst onto the cryptocurrency scene in 2018, and using a specific software protocol, its able to mimic the sort of functions that you would find on a real computer hardware system. 

Like Ethereum, it uses a decentralised operating system in order to power its smart contract platform. Written in C++, the algorithm behind EOS raised a huge $4.2 billion in its first year of operation.

How to Buy EOS

(EOS)

EOS

Price

£1.93

24H Change

-0.46

7 Days Change

-8.02

Market Cap

£1.82B

Buy EOS

Buy EOS in 5 Quick Steps

  1. Register free with eToro to open a trading account.
  2. Try a demo account before you hit the Deposit button.
  3. Choose a payment method (Paypal, credit card etc) & deposit into your account.
  4. In the ‘Trade Markets‘ section on the left, select Crypto and then EOS.
  5. Hit trade, a ticket will open, choose your risk preferences and then click ‘Open Trade‘.

Where to Buy EOS

eToro
Key Features
Accepts customers from the USA
Award-winning Cryptocurrency trading platform
Wide variety of crypto assets
One of the fastest growing brokers in the world
Min Deposit
$50
United States
Key Features
Accepts customers from the USA
Award-winning Cryptocurrency trading platform
Wide variety of crypto assets
One of the fastest growing brokers in the world
Top Coins
Payment Methods
Wire Transfer, Bank Transfer
eToro is a social trading platform based in Cyprus. The company has revolutionised the online trading industry by introducing innovative ways for traders to capitalise from the financial markets.
Cryptoassets are highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
PaxForex
Key Features
Low minimum deposit
Founded in 2010
Spreads from 0.3 pips
Min Deposit
$200
United States
Key Features
Low minimum deposit
Founded in 2010
Spreads from 0.3 pips
Top Coins
Payment Methods
Credit Card, Debit Card, Wire Transfer, Bitcoin, Ethereum, Neteller, Perfect Money, QIWI, Skrill, UPayCard, WebMoney
You are unlikely to find a more comfortable broker than PaxForex. Our company provides customers the best possible conditions for successful Forex\Cryptocurrencies, Spot metal\Stocks trading. We have offers for both beginners and experienced traders. The main engines of our progress at the financial trading t are spotless reputation; focus on customers and innovative approach to business development. Our achievements have been confirmed by the successes of every one of our traders. Today we are a well-known lowest spread broker trusted by hundreds of thousands of customers worldwide. We assure you that working with PaxForex ensures the highest level of service, strict compliance with all the terms of trading, and reliability provided by the most advanced technologies.
Coinbase
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Min Deposit
$1
United States
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Top Coins
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Bitcoin Revolution
Key Features
Partnered with only top quality, reliable and professional brokers
Easy to use trading platform with auto or manual trading options
No hidden fees with free to use software
Min Deposit
$200
United States
Key Features
Partnered with only top quality, reliable and professional brokers
Easy to use trading platform with auto or manual trading options
No hidden fees with free to use software
Top Coins
Payment Methods
Visa, Mastercard, Credit Card, Debit Card, Wire Transfer
Bitcoin Revolution is a platform that will trade automatically on your behalf. It analyses data faster than you ever could, and never needs to take rest.
Bitpanda
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Min Deposit
$
United States
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Top Coins
Payment Methods
Visa, Mastercard, Neteller, Skrill, Sofort, Giropay, EPS, Credit Card
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.

Buy EOS with eToro

eToro is the leading CFD provider when it comes to cryptocurrencies and buying EOS. They were one of the first to launch EOS on their trading platform and continue to be a market leader in the cryptocurrency space. If you’re looking to buy EOS, then look no further than eToro, see below our 3 step process to getting started!

Step 1: Registration

eToro is free to sign up and has a demo account that you can use to practice before buying EOS for real. To sign up, click the button below and fill out the form; name, email, phone and then you’ll need to create a password. Next you’ll be required to verify your account by clicking the link in your confirmation email.

Step 2: Deposit

Once you’re account is verified, you’ll need to deposit funds into your account to make it live. We recommend starting with the minimum of $250, start small to get used to it and then begin to add more over time. Choose your payment method, eToro offers several options, pick your favoured and then fill out your details and click submit.

Step 3: Buy EOS

Once you have funded your account, it’s time to buy EOS. eToros platform is easy to use, to find EOS, click ‘Trade Markets’ on the left, then you’ll see ‘Crypto’ at the top. Once in this section, you will see eToros full list of cryptocurrencies. Hit EOS and then ‘Trade’. A ticket will open, manage your risk and then ‘Open Trade’.

Buy with Binance

Binance is one of the largest cryptocurrency exchanges on the planet. It grew quickly after its launch in 2017 and now even has it’s own token, Binance Coin. It is one of the best places to buy and trade some of the more obscure altcoins, they have a huge range that is always changing with new coins being added and old ones being removed. For security reasons, we would always prefer to buy using a CFD provider like eToro.

Step 1: Registration

To get started you need to go to the homepage and click ‘Register’. You’ll be taken to a sign up page where you need to fill out the fields; email and password. You’ll be sent a verification email, click the link to activate your account. It’s also advised to set up 2FA.

Step 2: Deposit

Binance now allows you to buy bitcoin with credit card, a relatively new feature. Other coins available by credit card are Ripple, Ethereum, Litecoin and Bitcoin Cash. Once you’ve bought one of these you can then exchange for any other coin on the platform

Step 3: Buy Your Coins

Depending on your experience level you have the choice of the basic or advanced exchange. If you’re unfamiliar with the Binance platform then we’d recommend using the basic version. click on Bitcoin and then fill out the ticket to make the exchange.

Why Should You Buy EOS?

Using a blockchain approach, EOS is mined by its producers using the computing resources of the holders of the cryptocurrency. The smart contract platform that the developers put together for EOS means that they have been able to all but eliminate multiple transaction fees as well as to conduct huge numbers of transactions per second. This means that it is a very dynamic cryptocurrency from the point of view of those who wish to buy in and out of the various cryptocurrency markets rapidly.

Among the chief attractions of EOS in many owners’ eyes is the fact that it uses a Delegated Proof of Stake, DPOS consensus mechanism. Because of this, blocks are added to the blockchain in groups. Specifically, they get added via an assortment of 21 block producers. The group is elected by EOS token holders to have the ability to vote. Crucially, their voting power is directly proportional to the amount of tokens each has in his or her possession.

Another reason that many people are interested in the potential of EOS is that it was designed to become the most powerful infrastructure for dApp investors. It is perhaps for this reason that it was valued so highly after its first year of trading. The market capitalisation of the cryptocurrency went on to reach a peak of $16.9 billion at the end of April 2018 before, subsequently declining. However, this decline should be seen in the context of similar ones that came about for other, very well-known cryptocurrencies, such as Bitcoin and Ethereum.

Since that time, trading in EOS has been much more stable, certainly by the standards of some of the more volatile cryptocurrencies on the market. It has remained in the top five or six cryptocurrencies and it is second only to Ethereum when judged according to its dApp adoption.

The Pros and Cons of Buying EOS 

Pros

Cons

What are the Best Payment Methods for Buying EOS? 

There are a number of trading platforms where you can purchase EOS from as little as £50. Nearly all of these will allow you to make a transfer in USD, GBP or other fiat currencies. These are likely to be among the most popular given the relatively low transfer charges that will apply. Conventional banking system payments are accepted by some of the trading platforms that offer EOS. As such, your main options are:

Buying EOS in Your Country 

There are plenty of places English speaking investors can find to make an investment in EOS. Both exchanges and broker platforms are available to you for all of your EOS purchasing needs.

Besides the language, it is important to consider the rules and regulations of your country on cryptocurrency. While most states in the US and Europe have legalised digital currencies, they are still banned in several countries. Some of the countries with total ban on Bitcoin and altcoins include Morocco, Egypt, China and Columbia, among others. 

Is There a Difference Between Buying and Trading EOS? 

Because you cannot mine EOS of your own accord – you have to wait for the 21 block producers to announce new releases – many people purchase it for a longer-term investment. When you buy EOS, it is possible to sell it again at the current trading price but there are associated fees to pay when doing so. As such, waiting for the price to rise significantly is what most buyers of this cryptocurrency are interested in.

However, if you are looking to trade on the micro-trends that are associated with cryptocurrencies, then you can certainly find broker trading sites which will allow you to make multiple transactions in EOS, perhaps buying more and selling it again within just a few minutes, depending on the current market conditions. Most of these will allow you to only trade on the price of the coin, rather than owning the asset itself. 

What Are the Fees Involved in Buying EOS? 

When you buy EOS using a fiat currency, there may be multiple charges from your bank, the exchange/broker and from the blockchain network itself to consider. We’ve listed some of the core fee types that you’re likely to run into when buying EOS;

Broker Fees Vs Exchange Fees 

Overall, most brokers and trading platforms don’t have limits on what you can purchase. This sort of flexibility comes at a slightly higher cost than that of an exchange, however, an exchange usually has demanding restrictions placed on you for a considerable amount of time. 

If you’re looking to purchase a lot of EOS, then a broker or trading platform will be able to facilitate this – otherwise it could be months and months before you get the level of EOS you want through an exchange.

eToro
Key Features
Accepts customers from the USA
Award-winning Cryptocurrency trading platform
Wide variety of crypto assets
One of the fastest growing brokers in the world
Min Deposit
$50
United States
Key Features
Accepts customers from the USA
Award-winning Cryptocurrency trading platform
Wide variety of crypto assets
One of the fastest growing brokers in the world
Top Coins
Payment Methods
Wire Transfer, Bank Transfer
eToro is a social trading platform based in Cyprus. The company has revolutionised the online trading industry by introducing innovative ways for traders to capitalise from the financial markets.
Cryptoassets are highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.

If this article has given you the confidence to start investing in cryptocurrencies and you want to buy EOS, click the button to get started.

Frequently Asked Questions

  1. Can I Buy EOS in Bulk?

    You can buy through an exchange, but it might take many transactions. Such will attract higher transaction fees. The other way is to find a reputable broker that deals in EOS and buy from it. If you have to buy directly from the seller, then ensure you trust them, or the platform has a proper Know Your Customer policy.

  2. How Do I Sell My EOS?

    Most exchanges that sell EOS to individuals also buy it back. Therefore, you can visit any reputable exchange and sell your EOS coins for another cryptocurrency or fiat currency. Most of the time there are even options to sell straight through the platform itself. If you purchased through a trading platform, your only option is to sell it back through this - making it very simple to sell when trading.

  3. What are Trading Robots?

    Essentially, a trading robot uses algorithmic processing to suggest when you should buy and sell with any sort of investment vehicle. There are some which are supposedly very good with cryptocurrencies such as EOS but none which are specifically designed for this particular altcoin

  4. Should I Buy EOS Using a Robot?

    Robots are beneficial in several ways. They can monitor and execute on trading decisions all by themselves, even while you’re asleep. This can give you an edge over the rest of the cryptocurrency trading market as many of the most profitable gains come from the awakening of different areas all over the World. Suitable for both new traders and seasoned pros, trading robots will give you an unfair advantage that other traders just won’t be able to match.

  5. Can you Buy EOS on an Exchange?

    Yes. Cryptocurrency exchanges have EOS available in plentiful supply and it is a good way to invest in the blockchain. When you have purchased another cryptocurrency in order to exchange them for EOS, remember to place them in your digital wallet for additional security.

  6. Can I buy EOS Anonymously?

    Yes. Most exchanges do make you go through KYC verification processes for money laundering, but in reality, your transactions are always kept completely private. On top of this, if you transfer your EOS into a wallet that doesn’t need KYC verification, it’s then extremely difficult to trace.

  7. Why Buy Another Coin Other Than EOS?

    Mainly because it’s always good to diversify your investment portfolio. Having two or more investment vehicles will cushion you if EOS takes a hit from other competitors and market factors. Ideally, you want to spread your investments, and make sure you could profit on the growth of other technologies all whilst reducing losses if only one coin is failing.

  8. How Can I  Buy Bitcoin or Ethereum Before I Buy EOS Coin?

    Buying EOS isn't as simple as typing in your credit card number. There are very few cryptocurrencies which you can buy with US Dollars or Pounds Sterling or any other "fiat" currency. To make purchases of assets like EOS coin, you'll have to first buy Ethereum or Bitcoin, then take it to an EOS exchange where you can trade these well known cryptos for up-and-coming coins like EOS. eos coin exchange Use an exchange like Coinbase or Gemini to buy some Ethereum or Bitcoin. You'll have to link your bank account or pay with a credit card. In most cases, it'll take a number of days for your transaction to be completed and for your new coins to be available to transfer and trade. Just be patient. You'll be there before you know it.

  9. What is EOS’s Delegated Proof of Stake?

    One of EOS's major selling points is its Delegated Proof of Stake security and governance model. With familiar blockchains like Ethereum and Bitcoin, Proof of Work through data mining is the way transactions are verified, the network is secured, and new coins are added to the circulating supply. The problem is, Proof of Work is messy. It saps the world of incredible power resources and has a tendency to centralize influence in mining pools, and those who can afford/develop specialized devices which can mine these coins better than any other existing technology. Proof of Work isn't green. Proof of Stake allows users to verify transactions themselves, without requiring machines to do it for them. Ethereum itself is moving toward a version of Proof of Stake, and away from the mining protocol which has guided the network to this point. With Casper, Ethereum will make these important steps. But Ethereum isn't there yet. EOS's Delegated Proof of Stake gives 20 "Witnesses" the power to confirm transactions and receive new EOS coins. This puts a great deal of power in a few hands, but there is big financial incentive not to cheat, and what is lost in decentralization is gained in scaling potential.

  10. What is EOS? What is EOS Coin?

    EOS is the developing project of a team of blockchain experts headed by Dan Larimer. Larimer's previous successful blockchain endeavors include Bitshares and Steem. Larimer wants to build a blockchain protocol from the ground up which fixes scaling issues (and others) common to major blockchains like Bitcoin and Ethereum. EOS will support smart contracts and handle ICOs. In many ways, it will do all of the things that anyone familiar with Ethereum will well know. In many ways, EOS is taking a crack at being the Web 3.0 network we've all been waiting for. The question is, can they pull off the big promises they're making at this point in history? With a team led by Larimer, it would seem that EOS has as good a chance as any to dethrone Ethereum. What's more, being able to handle many thousands of transactions per second is a very compelling capability, one which Ethereum can only dream of at the moment. The coming months will tell us much about who wins.

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