What is EOS? Future of EOS Cryptocurrency and know how to buy EOS
What is EOS?
EOS has attained celebrity-like status in the cryptocurrency market -on the back of a very successful ICO,and because it’s seen a healthy rise in its price ever since news of its mainnet hit the markets.
EOS:The Basics
EOS is a decentralized operating system based on blockchain technology. It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities. These enable businesses to build the blockchain applications in a manner that stays similar to that of web-based applications.
This blockchain network has also claimed to remove transaction fees and conduct millions of transactions within a second.
The token name is EOS.
It has a few major notable tech designs, such as DPoS consensus, 100,000+ TPS, zero transactional fees, ability to alter codes, etc.
What are the benefits of EOS?
The objective of EOS is to provide a decentralized platform to host applications, implement smart contracts and use blockchain for businesses while hoping to solve the scalability issues faced by pioneering cryptocurrencies such as Bitcoin and Ethereum.
It will also eliminate the fees charged for transactions.The target of EOS is to be the very first operating system that will be decentralized.
The native token, EOS, is a utility token that gives both storage and the bandwidth on the blockchain.
How to buy?
The EOS coin is listed for trading on various trading exchanges all around the world, and is paired with a few major cryptocurrencies like BTC, ETH, BNB, KRW, and USDT, which is a pro for the user of EOS as this allows the users to access or obtain the EOS token by using their present ETH, BNB, BTC, USDT, or KRW.
The entire list of trading exchanges for EOS token include major global exchanges such as Binance, KuCoin, Bitfinex, Huobi, and more. It has over 120 pairings available across nearly as many exchanges - allowing users to purchase EOS using BTC, ETH, USDT and other major cryptocurrencies.
While cryptocurrency exchanges provide you a platform to buy or sell the EOS cryptocurrency, CoinSwitchcomes in to help you make the right decision by providing the prices for EOS on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you!
What’s more - with CoinSwitch, you do not rely on a separate wallet from the exchange to store your EOS cryptocurrency. Instead, all transactions happen to and from your own personal private wallets, the benefits of which we’ve spoken about here earlier.
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.quora.com/What-is-EOS-cryptocurrency
Well, I heard about this token, and many people believe it has a great future. It allows using commercial/industrial dApps without any third parties.
Definitely. Aсcording to the guide on https://theproblem.wtf/guide-eos/, EOS charges no commission as opposed to others. So, if you're interested in how to obtain this coin in the easy and profitable way, you should read this manual at first.
Considering its goals, EOS is a promising coin, but, IMO, it is still in its infancy. It remains to be seen whether or not the concept will succeed. As per CoinMarketCap's data, EOS is among the top10 cryptocurrencies which are currently in demand. So, let's just see where it is heading.