EOS

Currency in
0.7799
0.0000(0.00%)
Real-time Data·
Day's Range
0.77990.7799
52 wk Range
0.30271.5350
Bid/Ask
-
Vol (24H)
87.11K
Market Cap
-
Rank
4224
Day's Range
0.7799-0.7799
Type:Currency
Group:Minor
Base:EOS
Second:US Dollar

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Strong Buy
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FAQ

How to Buy Eos Coin

To buy EOS Coin, start by choosing a cryptocurrency exchange that supports EOS, such as Binance, Kraken, or Coinbase. Create an account on the exchange and complete the necessary identity verification process if required.

Next, deposit funds into your exchange account. You can deposit fiat currency (e.g., GBP, USD) via bank transfer, debit/credit card, or another supported payment method. Alternatively, you can deposit another cryptocurrency, like Bitcoin or Ethereum, to trade for EOS.

Finally, navigate to the trading section, select the EOS trading pair (e.g., EOS/GBP or EOS/ETH), and place a buy order. Once purchased, you can store your EOS in the exchange wallet or transfer it to a secure external wallet for added security.

Why Is Eos Coin So Popular?

EOS Coin is popular due to its focus on providing a highly scalable and efficient blockchain platform designed for decentralised applications (dApps). Its blockchain, the EOSIO network, offers fast transaction speeds and fee-free transactions, making it appealing for developers and users alike. The EOSIO has a combined throughput of 3,000 transactions per second (TPS) compared to Ethereum’s 17 TPS, making it a suitable locale for decentralised applications (dApps) protocols to build in a fast-paced environment.

With its high throughput, EOS is an economical alternative to the Ethereum network. Unlike other blockchains, EOS also eliminates the need for users to pay transaction fees, which has contributed to its widespread adoption.

Another reason for its popularity is its focus on usability. The EOSIO platform supports flexible development tools and governance features, making it easier for developers to build and deploy dApps. Additionally, its initial launch in 2018 was accompanied by a record-breaking $4 billion initial coin offering (ICO), which brought significant attention to the project.

How to Mine Eos Coin

EOS Coin cannot be mined like traditional cryptocurrencies such as Bitcoin because it operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism. Instead of mining, EOS relies on block producers, who are elected by EOS token holders to validate transactions and maintain the blockchain. These block producers are rewarded with EOS coins for their contributions.

If you want to earn EOS, you can participate in the network by staking your EOS tokens to vote for block producers or by contributing to other roles in the EOS ecosystem. Alternatively, EOS can be acquired through cryptocurrency exchanges - for example mining ETH and then swapping it for EOS.

What Is EOS Coin?

EOS Coin is the native cryptocurrency of the EOSIO blockchain, a platform designed for building decentralised applications (dApps). Launched in 2018 by Block.one, EOS aims to provide developers with a scalable and efficient blockchain solution, featuring high transaction speeds and no direct transaction fees for users.

EOS is widely known for its innovative Delegated Proof-of-Stake (DPoS) consensus mechanism, which uses elected block producers to validate transactions and maintain the network. This approach enables fast, energy-efficient operations while allowing EOS token holders to participate in governance by voting on key decisions within the ecosystem.

What Are The Best EOS Coin Wallets?

When choosing a wallet for EOS Coin, it’s important to select one that supports the EOSIO blockchain and offers robust security features. Popular options include Anchor Wallet, a desktop wallet with advanced features like multi-account management and staking, and Scatter Wallet, which is ideal for managing EOS tokens and accessing decentralised applications (dApps).

For mobile users, TokenPocket provides an easy-to-use solution with multi-crypto support, while Lumi Wallet is a beginner-friendly choice available on both mobile and web platforms. For maximum security, the Ledger Nano X hardware wallet is a reliable option for offline storage.

Choose a wallet based on your specific needs, whether for dApp usage or long-term holding.

Who Created Eos Coin?

EOS coin was formed from a 2017 whitepaper authored by Dan Larimer and Brendan Blumer. Dan Larimer, a prominent figure in the blockchain world, is known for developing other major blockchain projects like BitShares and Steemit.

The EOSIO platform was subsequently launched by private software company Block.one, which Block.one raised funds for EOS through a record-breaking Initial Coin Offering (ICO) that ran from June 2017 to June 2018, raising over $4 billion.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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