As of mid-2017, there is a new cryptocurrency: Eos. As an upgrade to Ethereum, there are some interested people who are considering including Eos in their portfolio. Therefore, in this article we will show you where you can best buy Eos.

In addition, important information about the purchase, what exchanges are available and whether you can also get EOS tokens with PayPal, SOFORT transfer and Co. There is also historical price information and portfolio tips.

Buying Eos: What to look out for

Since Eos has some differences from Ethereum or Bitcoin, there are also differences when it comes to buying it. First of all, you should pay attention to the following factors:

  • Where is the best place to buy Eos?
  • Do I want to hold Eos for the long term, use it for IoT applications or speculate on the share price?
  • How does the Eos portfolio work?
  • Is it worth investing in Eos?

Where to buy EOS? Our comparison of brokers and exchanges:

How to buy Eos: A three-step guide

We will now show you how to add Eos to your portfolio. We use the eToro broker for this, as it offers the unique advantage of being able to buy both real cryptocurrencies and CFDs, thus combining the advantages of a broker and an exchange.

Next, we will talk about the difference between a broker and a stock exchange.

First step: Register with a cryptocurrency broker or exchange

First, you register with a cryptocurrency broker or exchange.

For our example, we chose eToro because here we can buy both real Eos for holding and Eos derivatives for speculation.

First, we click on the link to register with eToro:

In the form we enter our user name, e-mail address and password and accept the terms and conditions:

We then receive a verification email in which we click on the link to confirm the account.

Step 2: Topping up the account

In the next step, we need to fund our account with money in order to buy Eos. To do this, we click on the “Deposit Money” button on eToro:

Next, we select the amount and the payment method we want to deposit with, and then click on the “Submit” button to deposit the amount.

Buy Eos with PayPal, Sofortüberweisung and more

In our example we show a credit card purchase. eToro also offers other deposit methods:

Payment option

Is it possible?

Buy Eos by credit card

 

Buy Eos with PayPal

 

Buy Eos by bank transfer SOFORT

 

Buy Eos with fast transfer

 

Buy Eos with Skrill

 

Buy Eos by bank transfer

 

Buy Eos with Neteller

 

Buy Eos with UnionPay

 

Step three: Buy Eos

Now that we have funded our account, we can start the actual purchase of Eos. To do this, we click on the search box at the top and enter “IOTA” there.

We then click on the “Trade” button:

 

The purchase window will then open. Here we have the following options:

  1. Buy or sell: In our case we have to set it to “buy”.
  2. Operation or order: Here we can choose whether we want to execute the operation immediately (operation) or deferred (order).
  3. Quantity: The quantity of Eos we would like to buy.
  4. Stop Loss and Take Profit: At what loss or profit our position should be automatically sold.
  5. Leverage: With which leverage we want to buy Eos. With leverage X1 we buy real Eos, with leverage X2 we buy leveraged Eos CFDs.

Once we have configured all the options, we click on the “Open transaction” button to complete the purchase.

After we have the Eos in our wallet, the purchase is complete!

Broker or stock exchange: Where is the best place to buy Eos?

Now that we have shown one way to buy Eos quickly, easily and safely, there are of course other ways.

The question of how and where to buy Eos is closely related to the second question, i.e. whether one wants to hold Eos for the long term or whether one wants to speculate on its short-term price development.

For short-term speculation, it is advisable to use a CFD broker, where you can speculate on the price behaviour of Eos without holding the underlying asset directly. The advantage of a broker is that you can also trade with leverage, so that even small price fluctuations can result in large profits or losses.

If you want to hold Eos for the long term, you are better off with a crypto-exchange:

 

To buy or not to buy Eos?

There have been some ups and downs for Eos in the past. However, since the bursting of the cryptocurrency bubble in 2018, Eos has remained more or less stable. At the moment, an upward trend is also detectable.

In terms of future viability, there is also a lot of potential in the cryptocurrency. It is not for nothing that Eos is in the top 10 cryptocurrencies with a market capitalisation of almost €3 billion.

In the opinion of the editors: Buy Eos!

Pros and cons of investing in Eos

  • Continuous work on the Blockchain
  • Optimised for performance and scalability
  • free transactions
  • In case of hacker attacks: system recovery (unique until now)
  • Possible preference for large investors
  • Some major projects still under development

In Eos, everything revolves around storage issues and smart contracts. Precisely because the developers are taking a completely different approach to Bitcoin and company. Eos is becoming a very interesting product. Many traders and simple users are wondering how to buy Eos.

Eos is a very popular cryptocurrency. This is also reflected on the various trading platforms, where the digital currency is regularly among the most traded assets. Goldreward.io recommends the test winner for Eos trading as a particularly user-friendly platform. No wallet is required here and deposits can be made easily and securely via Paypal.

The following is an overview of the different trading methods and the means of payment that can be used for trading. It is also important to distinguish whether you prefer to trade the currency or whether you want to buy it on a regular basis. You can find more information about the price and properties of the token in the big EOS price overview.

If you have already made the decision to invest in the currency, below you can find everything the interested trader needs to know. You will find both ways to buy or sell EOS. Which strategy do you choose?

Buy Eos now at eToro

  • Real Eos or Eos CFDs with a single broker
  • nationally regulated corridor
  • Rapid deposit and withdrawal
  • fair rates
  • on 14 other cryptocurrencies

What are the rates for buying Eos?

To make commissions comparable when buying Eos, let’s take the following example:

  • We would like to buy €1,000 worth of Eos
  • We would like to keep the Eos for one month and then pay back in euros to our account.
  • For the sake of simplicity, let us assume that the rate does not change during the 30 days.

Based on these assumptions, we will review the costs invoiced by the main suppliers:

Prestataire

etoro

coinbase

Plus500

Dépôt

free of charge

3,99%

free of charge

Purchase price

2,9%

1,49%

1,85%*

Frais de participation

free of charge

free of charge

0,03%*

Selling price

2,9%

1,49%

1,85%*

Payments

5 USD

0.15 USD

1,9%

Total frais

62,16€

68,24€

63,46€

Eos purses: Which purses are useful for post-purchase storage?

A digital wallet is essential for any cryptocurrency transaction. Therefore, before you start trading, it is essential to open a digital wallet account. Only through an Eos wallet will you have a digital address that allows you to send and receive tokens.

Therefore, for many, creating a wallet is the first step that will also allow one to trade on various cryptocurrency exchanges. In fact, you can imagine the whole thing as a network wallet. It is equipped with high security, as personal cryptoassets are stored here.

Therefore, you should treat your login details with the utmost caution and never give them out. Because anyone who can access the wallet and who also has the transaction keys can send the money wherever they want.

Since there are a few more criteria to consider here that are beyond the scope of this article, here is the link to the portfolio comparison:

By the way: eToro and many other brokers offer an integrated wallet, so that beginners can rely on it for the time being. If investment amounts increase later on, we recommend a hardware or software wallet.

Eos historical courses: Important milestones in the history of Eos

The cryptocurrency has already had some ups and downs. We show the most important milestones in the history of Eos.

  1. The associated white paper was published with the aim of achieving smart distribution and decentralised storage solutions for businesses. As a result, the share price went from 90 cents to 3.60 euros in a few days. However, the hype around Eos was only short-lived.
  2. Eos got extreme hype due to the global rating. Besides Ethereum, only Eos received a B grade. (Bitcoin, by the way, only a C+) So the price of Eos went from 50 cents to an incredible almost 14 euros.
  3. The launch (on 5 April 2018) of the publicly available test environment called EOSIO, together with the partnership with Block.one, pushed the share price over €200 million. As a result, Eos’ share price went from €4 to an exorbitant €19. However, like other cryptocurrencies, the price returned to its previous level in August.
  4. Due to the general pause of Eos with no major innovations, as well as the poor cryptocurrency market in general, the price of Eos plummeted from €4.60 to just under €2.30.
  5. After the destruction of 34 million Eos in May 2019, the potential was created to create thousands of new applications. This drove the share price up by 80% in 4 months. However, in July 2019, the price fell back to its average level of around €3.
  6. Block.one (EOS’s main cooperation partner) announced a new social media platform on the EOS blockchain on 15 January 2020. As a result, the price of Eos rose to just under €5. However, due to the Corona pandemic, the price dropped back down to the previous €3. Since then, the price of Eos has remained stable, with a slight increase in recent weeks.

 

Alternatives to Eos: buying other cryptocurrencies or shares

Eos, of course, has competitors worth watching.

As is always the case with equities and CFDs, you should not put all your eggs in one basket.

Alternative 2: Opportunities in cryptocurrencies

Apart from that, there are other cryptocurrencies that definitely have potential:

  • Buy Bitcoin: The top dog among cryptocurrencies, it is considered by many to be the “digital gold” and one of the most stable cryptocurrencies.
  • Buy Ripple: With the support of many banks, Ripple is a good alternative to Eos.
  • Buy Ethereum: Ethereum is the solution for smart contracts and follows a very similar approach to Eos.

Alternative 3: CryptoShares

Another alternative is cryptocurrency stocks: chipmakers, mining companies and even the Bitcoin group have posted strong gains so far.

  • Bitcoin stocks: For those who think Bitcoin will outperform Eos, Bitcoin stocks are a good alternative
  • NVIDIA shares: NVIDIA produces important graphics chips especially for mining – if the cryptocurrency boom continues, NVIDIA is certainly a good investment.

 

 

 

 

How to buy Eos 2021 – Frequently asked questions

Can I buy Eos on Coinbase?

Yes, in the currency pair with bitcoin.

 

How does Eos work?

The Eos Coin, the network token, is needed to keep the system running. This is where the bandwidth and storage of the blockchain is anchored.

The more tokens you have, the more power you can call upon yourself. In this context, we talk about the so-called proof-of-stake protocol, which comes into play in the network.

 

What are the arguments for buying an Eos?

Eos specifically wants to distinguish itself from other digital currencies such as Bitcoin or Ethereum, which have had problems with scalability in the past. A key feature of Eos is that it does not charge fees or costs to end users.

 

How long has Eos existed?

The Eos cryptocurrency was only launched in June 2017. In just one year, the value of the network could increase by several billion dollars.

This makes digital currency one of the most important cryptocurrencies of our time.

Buy Eos through brokers, exchanges or directly?

The decision on the right platform depends on the trader’s ideas. If you only want to benefit from the performance, you can sign up with our test winner, for example. Cryptocurrency exchanges allow trading and direct purchase of the coins. Through direct purchase, you can turn to Eos with the relevant suppliers.

 

Are my Eos purchases anonymous?

For security reasons, trading platforms often require confirmation of identity.

However, Eos’ own transactions are cryptic and therefore anonymous.

 

Can I pay Eos with cash?

You can look for a platform that accepts Paysafecard, with which you can pay in cash. However, to date, other transaction options are more common.

 

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