EOS (EOS) Price Reaches $0.58 on Top Exchanges

EOS (EOS) traded down 0.2% against the dollar during the one day period ending at 0:00 AM E.T. on July 28th. One EOS coin can currently be bought for approximately $0.58 or 0.00000829 BTC on exchanges. EOS has a market cap of $1.21 billion and approximately $55.74 million worth of EOS was traded on exchanges in the last 24 hours. In the last seven days, EOS has traded down 4.8% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded up 0.7% against the dollar and now trades at $0.14 or 0.00000199 BTC.
• BitTorrent-New (BTT) traded up 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 2% against the dollar and now trades at $0.79 or 0.00001136 BTC.
• Terra Classic (LUNC) traded 1.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 1.4% higher against the dollar and now trades at $0.41 or 0.00000598 BTC.
• aelf (ELF) traded up 1% against the dollar and now trades at $0.40 or 0.00000573 BTC.
• Lisk (LSK) traded up 1.6% against the dollar and now trades at $1.04 or 0.00001498 BTC.
• USDX [Kava] (USDX) traded up 0.2% against the dollar and now trades at $0.80 or 0.00001160 BTC.
• Ark (ARK) traded 0.9% higher against the dollar and now trades at $0.39 or 0.00000567 BTC.

EOS Profile

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 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. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official message board is eosnetwork.com/blog.

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 purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView