EOS (EOS) Price Reaches $0.42 on Exchanges

EOS (EOS) traded 4.3% higher against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on November 5th. During the last week, EOS has traded 9.4% lower against the dollar. One EOS coin can currently be purchased for approximately $0.42 or 0.00000608 BTC on popular exchanges. EOS has a market cap of $645.32 million and approximately $59.90 million worth of EOS was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.7% lower against the dollar and now trades at $0.16 or 0.00000230 BTC.
• BitTorrent-New (BTT) traded 2.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 4.5% against the dollar and now trades at $0.61 or 0.00000882 BTC.
• Terra Classic (LUNC) traded up 4.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.3% higher against the dollar and now trades at $0.33 or 0.00000476 BTC.
• Terra (LUNA) traded up 5.1% against the dollar and now trades at $0.31 or 0.00000448 BTC.
• Lisk (LSK) traded 4.3% higher against the dollar and now trades at $0.75 or 0.00001082 BTC.
• Ark (ARK) traded 23% higher against the dollar and now trades at $0.51 or 0.00000735 BTC.
• USDX [Kava] (USDX) traded down 0% against the dollar and now trades at $0.55 or 0.00000797 BTC.

EOS Coin Profile

EOS (CRYPTO:EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,525,499,105 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed 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.”

EOS Coin Trading

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

EOS/USD price chart by TradingView