EOS Price Tops $0.57 on Exchanges (EOS)

EOS (EOS) traded down 3.3% against the U.S. dollar during the 1 day period ending at 16:00 PM ET on July 30th. Over the last week, EOS has traded down 1.9% against the U.S. dollar. EOS has a total market capitalization of $1.19 billion and approximately $107.14 million worth of EOS was traded on exchanges in the last day. One EOS coin can currently be bought for about $0.57 or 0.00000861 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded 3.9% lower against the dollar and now trades at $0.13 or 0.00000202 BTC.
• BitTorrent-New (BTT) traded down 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2.7% lower against the dollar and now trades at $0.74 or 0.00001131 BTC.
• Terra Classic (LUNC) traded 4.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 4.7% against the dollar and now trades at $0.39 or 0.00000594 BTC.
• aelf (ELF) traded down 3.5% against the dollar and now trades at $0.38 or 0.00000580 BTC.
• Lisk (LSK) traded down 3.6% against the dollar and now trades at $0.98 or 0.00001492 BTC.
• USDX [Kava] (USDX) traded up 0.4% against the dollar and now trades at $0.81 or 0.00001225 BTC.
• Ark (ARK) traded down 6.1% against the dollar and now trades at $0.37 or 0.00000560 BTC.

EOS Coin Profile

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. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed 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 possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView