EOS (EOS) Price Tops $0.49 on Exchanges

EOS (EOS) traded 0.5% higher against the US dollar during the 1-day period ending at 10:00 AM ET on March 18th. EOS has a total market capitalization of $763.38 million and $64.21 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be bought for approximately $0.49 or 0.00000605 BTC on popular cryptocurrency exchanges. During the last seven days, EOS has traded up 4.2% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 4% higher against the dollar and now trades at $0.22 or 0.00000276 BTC.
• Tezos (XTZ) traded 1.1% lower against the dollar and now trades at $0.69 or 0.00000848 BTC.
• BitTorrent-New (BTT) traded down 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded down 1.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.1% lower against the dollar and now trades at $0.24 or 0.00000290 BTC.
• Terra (LUNA) traded down 4.5% against the dollar and now trades at $0.20 or 0.00000247 BTC.
• Lisk (LSK) traded down 1.8% against the dollar and now trades at $0.56 or 0.00000683 BTC.
• Ark (ARK) traded 0.6% higher against the dollar and now trades at $0.34 or 0.00000420 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,553,203,817 coins. EOS’s official website is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

It is usually not presently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to acquire EOS should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView