In page navigation
- 1. How & where to buy EOS (EOS) online
- 2. How to buy EOS instantly in 3 simple steps
- 3. Where to buy EOS easily
- 4. Best exchanges to buy EOS (EOS), reviewed
- 5. How to trade EOS
- 6. What is the best way to pay for EOS (EOS)?
- 7. How do I store EOS (EOS)?
- 8. Is EOS (EOS) a good investment?
- 9. Is now a good time to buy EOS?
- 10. FAQs
How & where to buy EOS (EOS) online
Trade your favourite markets with our top-rated broker,
. 10/1077% of retail CFD accounts lose money.
EOS tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy EOS this way. Follow our quick step guide below.
How to buy EOS instantly in 3 simple steps
Copy link to sectionTo buy EOS you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to eToro
Copy link to sectioneToro is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.
77% of retail CFD accounts lose money.
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.
Step 3. Buy EOS token
Copy link to sectionType EOS into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.
Now you own EOS tokens! It’s as simple as that.
Where to buy EOS easily
Copy link to sectionThe overall best exchange to buy EOS token for beginners is eToro . EOS is also available on lots of other cryptocurrency exchanges.
Here are the top three places to buy EOS, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
77% of retail CFD accounts lose money.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read more about how we rate, rank and review platforms.
Best exchanges to buy EOS (EOS), reviewed
Copy link to section1. eToro. Best for beginners, copy-trading & demo-account
1500
No. assets
$10
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.
77% of retail CFD accounts lose money.
2. Plus500. Best for international CFD trading*
2800
No. assets
$100
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to over 2800 instruments, including CFDs on stocks, forex, commodities, and cryptocurrencies among several others.
Plus500 has something for all types of traders, no matter what level of experience. It’s zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting.
For accurate instrument availability, visit plus500.com.
The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% or 0.9 pips and varies depending on the instrument. Additional fees include overnight funding which is dependant on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months.
*Based on a comparison of 60+ leading brokers and trading platforms.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3. Coinbase. Best secure trading platform for all types of trader
4
No. assets
$1
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.
A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. There is insurance on all cash balances up to $250,000 and the majority of assets are stored offline in cold storage.
The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.
4. Nexo. Best for earning interest & rewards
...
No. assets
...
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.
You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest.
The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee.
5. KuCoin. Best social trading altcoin exchange
1
No. assets
...
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.
KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.
The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.
How to trade EOS
Copy link to sectionYou can trade EOS on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how EOS crypto trading works:
- Monitor the price: Let’s say the price of EOS/USDT is $1. You read the price charts and decide that now is a good time to start purchasing EOS.
- Open a trade: You trade one USDT for one EOS ($1 for 1 EOS).
- Continue to monitor the price: The next day, one EOS token is now worth $2, a 100% increase.
- Close your trade: You trade your EOS token back to USDT for $2.
In this example, you buy and sell EOS, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.
77% of retail CFD accounts lose money.
What is the best way to pay for EOS (EOS)?
Copy link to sectionThe simplest way to buy EOS cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for EOS.
- Buy EOS with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy EOS with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).
- Buy EOS with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store EOS (EOS)?
Copy link to sectionMost people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of EOS then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best EOS wallets to use are MetaMask and the Ledger Nano S.
Is EOS (EOS) a good investment?
Copy link to sectionWhether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of EOS and its token to help you decide whether to invest in EOS.
- EOS makes building dApps easier. One of the main advantages of EOS is that it makes building decentralised apps (dApps) easier. EOS is designed to be a platform that makes it simple for developers to create and launch dApps, with a range of tools and resources that are specifically tailored to this purpose.
- It eliminates many blockchain-related fees. EOS removes the traditional fees associated with moving assets around on the blockchain. This makes it much more cost-effective to use EOS as a platform, and developers can create and launch dApps without worrying about the high costs often associated with blockchain development.
- Developers don’t need to learn new programming languages. A key advantage of EOS is that developers can use existing programming languages like C++ or Javascript to build on the platform rather than learning a new programming language specifically for the blockchain. This saves developers a lot of time and energy, making the platform more attractive to them.
- EOS tokens are used as a form of payment on the platform. Developers who wish to build and launch dApps on the EOS platform must use EOS coins as a form of payment. As more developers use the platform and build dApps, the demand for EOS coins will increase. The success of the EOS platform is closely tied to the adoption and demand of the EOS coin.
- There is a lot of competition. Despite these advantages, EOS faces significant competition from other blockchain platforms like Ethereum, Polkadot, Cardano and Algorand. Ethereum is currently the market leader in the blockchain space and is streamlining its own building process, while other platforms like Polkadot, Cardano, and Algorand are also gaining traction.
- There is no limit on the number of EOS tokens. One important aspect to consider about EOS is that there is no upper limit on the number of EOS coins that can be in circulation, unlike many other cryptocurrencies. This means that no predetermined maximum number of EOS coins can be created, potentially leading to inflation over time.
Use this quick summary of pros and cons to compare EOS with other, similar projects.
Pros
Copy link to section- It offers a simple, cheap way to build apps on the blockchain
- Developers must own the coin to build, which would increase the price as it becomes more popular
- Token holders can earn extra money by renting their bandwidth to other users
Cons
Copy link to sectionUltimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.
How has EOS (EOS) performed this year?
Copy link to sectionThe current EOS price today is $1.03, which is 93.24% below its all time high of $15.67, which it reached on 02 June, 2018. EOS is up 18.82% this year, with a 52 week high of $3.14 and a 52 week low of $0.806.
Is now a good time to buy EOS?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, buying EOS, selling EOS, and trading EOS are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy EOS.
- As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of EOS and its decentralised aggregator platform, then a good time to purchase EOS is on any major dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying EOS and selling it the next day probably isn’t why you’re here either.
Regardless, closely following EOS price news & analysis will help you decide when to pull the trigger:
Crypto price predictions: Storj, Hifi Finance, EOS, Alchemy Pay (ACH)
Ethereum price death cross points to more Filecoin, EOS, GALA pain
EOS price nears a key support level as it erases the YTD gains
FAQs
Copy link to sectionMore altcoins to buy
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >
