Buy EOS: 3 simple steps to buy EOS Coins

The digital currency EOS has been available on the crypto market since mid-2017. This makes EOS one of the youngest cryptocurrencies in existence. Since its creation in 2017, the price has developed in an exciting way. In terms of its market positioning at 5th place, more and more crypto fans are becoming interested in this currency.

If you are also interested in buying EOS, then you are in the right place, because this is exactly what this article is about. Before investing in a cryptocurrency that is still unknown to you, you should be clear about why you want to invest in this cryptocurrency. What makes this digital currency so special and what do you have to consider when buying it? Of course, you are not alone with your questions, because we will clarify many (or hopefully all) questions in the next few lines.

For those in a hurry: Trading EOS CFDs in three steps

  • First step: Open an account

  • Second step: Deposit

  • Third step: Purchase

Before you can buy EOS, you first have to create an account with a trading platform that supports the currency. Our choice falls on eToro. Here, opening an account is particularly easy and does not even require verification for a trade of up to €2,000. In addition, the provider is state-regulated and therefore subject to deposit protection.

To open an account, you simply have to enter your personal data in the registration form on the homepage.

The Exchange Comparison: The Best Crypto Exchanges & the Top Crypto Brokers

etoro

Trade real cryptos and crypto CFDs
Licensed broker with deposit protection
Integrated wallet

libretex

Broker fully regulated
Numerous awards
Libertex experience for more than twenty years

Plus500

Many tradable assets
Excellent trading platform
European license

binance

Huge selection of coins
Fair fees
Solid support

xtb
Many tradable assets
No minimum deposit
Very good customer service

Why you should invest in EOS now

Shrink-wrapped EOS fans are already hailing the currency as the new Bitcoin or the better Ethereum. The ICO (Initial Coin Offering) phase went until 1 June 2018 and is therefore over. So now it is officially possible to invest in EOS Coins and EOS CFDs.

You might be wondering if now is the right time to invest in EOS. There are some good reasons to invest in the EOS right now and not in another cryptocurrency. For one, the EOS showed its potential during the cryptocurrency crash at the end of 2017. While most digital currencies went down rapidly, the EOS performed rather uncharacteristically and was on the upswing until January 2018. This led to the EOS sitting at its first all-time high in January 2018 and the market capitalisation rising to almost 11 billion US dollars. Although this was followed by a rapid decline that saw the market capitalisation fall to US$3 billion, by April 2018, the EOS had reached its previous all-time high. On 28 April 2018, the new record value led to a market capitalisation of 17.7 billion US dollars.

Currently, the market capitalisation is around US$4 billion. This is because after the record high in April 2018, the share price fell and could no longer match the high values. Since April this year, however, it seems as if the EOS is recovering. A slight upward trend is emerging. This could mean that the EOS is again preparing for a record-breaking upswing.
In general, cryptocurrencies such as Bitcoin, NEO or Stellar Lumens are becoming more widespread and interesting for the masses. While a wide variety of industries are now using blockchain technology for their own benefit, several countries are thinking about giving their ailing fiat systems a helping hand with digital currencies. So it could well be that cryptocurrencies will gain in importance in the future!

What is the safest way to buy EOS?

If you want to buy real EOS coins, you should look for a suitable crypto exchange. If you prefer to bet on EOS CFDs, a reputable online broker will help you.

In both cases, you should pay attention to the transparency of the offer and the seriousness of the provider. The crypto market is booming and new offers appear on the market almost daily. For newcomers, it can be quite difficult to keep track of the large offer. Unfortunately, among the many actually good exchanges and brokers, there are also many fraudulent offers and scams. For your own safety, it is important to do thorough research before investing. Now you can find out what you should look out for when making your choice and what options the various offers should offer you.

Differences between EOS CFD brokers and EOS exchanges

EOS CFD Broker

Pros

  •    Government regulation & deposit protection
  •     No EOS Wallet necessary
  •     Trading with leverage possible
  •     Several deposit and withdrawal options
  •     Mobile trading: Apps for Android & iOS available
  •     Demo account

Cons

  •    Only ownership of a certificate, not ownership of EOS
  •     Obligation to make additional payments could exist
  •     Risky investment

How it works: When investing in EOS CFDs, you bet on the performance of the coin and do not receive any real coins. You do not own the cryptocurrency in its physical-digital form, but rather deal with the price development. You can imagine the whole thing like this: If the EOS price rises or falls, your CFD also rises or falls. You can choose the EOS rate in a 1:1 ratio or work with leverage.

Leverage: If you use a leverage of 10, for example, your CFD will rise and fall 10 times as much as the actual EOS price. This has the advantage that your profit is also 10 times as high. The disadvantage is that this CFD leverage is also associated with great risks.

So if you are not comfortable with price fluctuations and excitement, CFDs might not be the right investment for you. You can also use CFDs at Plus500.

EOS Stock Exchanges

Pros

  •    Actual ownership of EOS
  •     Learning to use cryptocurrencies
  •     Wide range of cryptocurrencies on offer
  •     (Partial) Trading via leverage possible
  •     (Partial) Mobile trading: Apps for Android & iOS
  •     Total loss limited to purchase (no margin call)

Cons

  •    No regulation & deposit protection
  •     Attractive target for hacker attacks
  •     Risky investment

EOS Coins: Buying EOS Coins has the great advantage that you can hope for an increase in the value of the currency. If EOS develops as rapidly as bitcoin, it could definitely be worth investing at this point. Because at the moment, prices are low and hopes are high. To keep your coins safe, you need a wallet. When choosing a wallet, make sure you choose a reputable provider.

Crypto Bots: You can see the EOS Coins as a long-term investment or sell them on at the next possible high, i.e. actively trade them. There are also opportunities for profits here. You can also leave the trading to a crypto bot. These crypto trading robots are becoming increasingly popular in the crypto scene, as they take over trading fully automatically. The disadvantage, however, is that you do not execute the trade yourself, and trading with cryptocurrencies can be quite exciting!

The difference between real EOS and EOS CFDs

Since there are two ways to buy EOS, there are also two different types of EOS investments:

    On EOS exchanges, you trade in "real" EOS.
    EOS brokers trade in EOS CFDs , financial instruments that are based on the EOS price.

Let's take a brief look at the advantages and disadvantages of real coins and CFDs:

EOS CFD

Pros

  •    Fee advantage when trading
  •     State-regulated and subject to deposit protection: you are protected in the event of a hack
  •     Protection against hacks
  •     No complicated wallet set-up necessary
  •     Trading with leverage

Cons

  •     no "real" EOS
  •     Fee disadvantage for long-term investors
  •     Risky investment: liability to make margin calls exists with leveraged trading

Real EOS

Pros

  •    Possession of real EOS that you can manage yourself
  •     steep learning curve
  •     those who want to hold EOS for the long term have an advantage here in terms of fees

Cons

  •    Vulnerable to hacks and cyberattacks
  •     You are responsible for managing the keys yourself - if the keys are lost, the EOS cannot be recovered.
  •     Paper or hardware wallet are needed for truly secure storage.
Trade EOS CFD

Trade EOS CFD: Instructions for eToro

The premium partner of Eintracht Frankfurt and sponsor of many other companies is the regulated and licensed trading platform eToro. This well-known provider is ideal for buying EOS CFDs. Moreover, eToro offers a nice additional feature with social trading.
step 1

Create an account with eToro

Our buttons will take you to eToro's platform, which you may need to change. Then click on "Register now" to enter your personal details in the next window. Use a secure password and finally accept the terms and conditions to create an account with eToro.

step 2

Deposit money

You will be taken to eToro's homepage. From here you select the option "Deposit money" - you can deposit up to €2,000 without verification. However, sooner or later you should still verify yourself in order to be able to use all the functions to the full extent.

Now all you have to do is select your desired method from the payment methods and make the payment afterwards. After that, your money should be available.

step 3

Buy EOS CFD

After you have successfully deposited money, you can start buying the EOS CFD at eToro. Click on "Markets" in the navigation menu and then on "Crypto". Here you will be shown a number of cryptocurrencies and all the necessary details about each currency.

To buy the EOS CFD you want, click on "Buy" and then on "Open Trade".

You have just bought your first EOS CFD at eToro. We wish you every success with it!

Still haven't opened an account with eToro?

Trade EOS CFD: Plus500 Guide

Plus500 is a well-known, state-regulated and licensed EOS CFD broker. This makes this reputable provider perfect for trading an EOS CFD.

76.4% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Set up an account with Plus500

One of the buttons will take you to Plus500's platform, which you may need to change. After that, you need to click on "Start trading now" and then enter your email address and choose a strong password.

76.4% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Deposit money

You will then be taken to the Plus500 overview page. From here, navigate to the "Deposit" option at the top left of the menu.

Select the desired payment method, e.g. bank transfer, and then carry it out.

Note: Before trading, you must first verify your identity and residential address. For this purpose, the corresponding documents must be uploaded in the account area.

Trade EOS CFD

Once your payment has been received, you can use it to buy an EOS CFD at Plus500. To do this, click on "Trade" on the left and then "Crypto". Alternatively, you can search for the currency you want using the search bar.

You will now be presented with an EOS screen that provides you with information on prices. To buy the EOS CFD now, as in our example, make the desired settings and click on "Buy".

76.4% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What happens after you buy an EOS?

So now you've bought your first EOS. But what happens next?

Storing real EOS

Once you have decided to buy real EOS, the coins must be stored in a digital wallet. There are several wallet providers for this.

However, there is still one small disadvantage: the private key with which you have access to the wallet remains in the possession of the exchange. Even if today's exchanges are all state-of-the-art in security technology, this does not mean that a hacker cannot still manage to get hold of the private key.

The sale of EOS

At some point you will probably want to sell your coins. You can do this either on the exchange where you bought them or on another exchange. You should compare the fees beforehand so that you can sell the coins at the best possible offer.

EOS - The conclusion

The EOS is a thoroughly interesting cryptocurrency that is worth taking a closer look at. Not only was this digital currency on its way to a record-breaking high at the time of the big crypto crash in 2017, but the system behind the coin is also extremely exciting. Accordingly, more and more crypto fans are attracted to this cryptocurrency.

At the moment, the price per coin is quite cheap and if crypto enthusiasts are correct in assuming that the EOS is the next bitcoin, an enormous increase in value is imminent. The first signs of this have already been seen.

All in all, investing in EOS coins and EOS CFDs is always associated with a high risk of loss.

EOS Wallet

Everything about EOS

What is EOS?

Before you invest in EOS, you should of course know what EOS is and what this cryptocurrency stands for. The cryptocurrency EOS is issued by the company Block.one. Block.one is based in the Cayman Islands. When the digital currency was launched, around 1 billion EOS tokens were issued over a period of five years. Trading with the EOS Coins takes place via the better-known cryptocurrency, or rather its system, Ethereum. This cryptocurrency is also based on the blockchain principle.

How does EOS work?

The EOS runs on the Ethereum network, whose digital coin is the Ether. Both cryptocurrencies are based on blockchain technology. The goal of both companies is to create a decentralised but established and usable digital currency. The EOS is one step ahead of the Ether in this case. From a purely technical point of view, it should be possible to carry out millions of transactions per second with EOS. Incidentally, these transactions are supposed to be free of charge.

Behind EOS is the EOS-IO software, an operating system based on blockchain technology. The big goal with this software is to create the first decentralised system with a development environment for decentralised applications. While Bitcoin was rated C+ by the US rating agency Weiss, Ethereum and EOS were able to enjoy a B rating. The reason for the good rating is the speed with which the transactions take place.

From Bitcoin you surely know that the creation of the coins is done by so-called "mining". This is not the case with EOS. EOS works with a "delegated proof-of-stake". This means that a random agreement is made within the blockchain network as to which blockchain participant may create the next block. As an EOS owner, you can validate transactions within the blockchain. In addition, witnesses are available on the network to validate the whole process, hence the term "delegated".

Is it worth investing in EOS?

In general, the EOS is an interesting investment not only because of its excellent market placement, but also because of its potential. While the vast majority of cryptocurrencies experienced a price crash at the end of 2017, the EOS reached its two highs in January and April of 2018. While the price fell thereafter, it slowly seems to be recovering. The price of EOS is still low. Could this be the ideal time to invest in a promising cryptocurrency?

Are there risks in buying EOS?

Despite the great predictions for the crypto world, you should not forget that there is a high risk associated with investing in cryptocurrencies. The high volatility does not exist with any other speculative investment object. Although the price of EOS seems to be quite stable, even inconspicuous news can have a severe impact on its performance. The crypto market is sensitive, yet more and more people are abandoning conventional investments and preferring to invest in the promising cryptocurrencies.

Only you can decide whether you want to buy EOS or not.

1
  •    Extensive trading platform: choice between real coins and CFDs
  •     Deposit protection: No risk of loss in case of hacks or bankruptcy
  •     Variety of deposit options: Bank transfer, credit card, PayPal, Skrill and many more.
  •     High user-friendliness: Free demo account, social trading & intuitive platform

FAQ

What is EOS?

EOS.IO (short: EOS) is a cryptocurrency from 2017. It is also a blockchain-based platform.

Where can I buy EOS?

There are different ways to buy EOS. You can exchange another cryptocurrency for EOS via an exchange market. Buying EOS as CFDs is another option.

What is the difference between EOS and EOS CFDs?

EOS exchanges trade in "real" EOS and EOS brokers trade in EOS CFDs , which are financial instruments based on the EOS price.

Do I need an EOS Wallet?

Only with an EOS Wallet will you have a digital address that allows you to send and receive tokens. The most secure wallet on the market is currently a hardware wallet device.

About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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