Buy EOS

What is EOS?

EOS is one of the top 20 cryptocurrencies in terms of market cap and has a very interesting history.

The first information about the description of the EOS.IO platform was released in 2017. At the time, it was being developed by Block.One. The system was officially launched on June 1, 2018. The network uses EOS as a cryptocurrency, due to which it has become one of the largest on the crypto market. The original Dawn 1.0 testnet was released in September 2017 and the full versions were released in 2017 and 2018. Until mid-May 2021, the trend of the coin's rate was very favorable. The cryptocurrency has indeed grown from about $ 3 at the beginning of the year to nearly $ 15 in mid-May - its value has increased 5 times over this period. EOS focuses on the vulnerabilities of the blockchain and tries to address the speed, scalability and flexibility issues that often become bottlenecks for these blockchain-based systems.

Some call this crypto the "Ethereum killer" because it operates in the same app market as ETH. Ethereum suffers from transaction speed issues, while EOS is highly scalable and can process millions of transactions per second. Moreover, it does so without any transaction costs.

How to Invest in EOS?

There are several options for making money on EOS. Let's take a closer look at the most popular options below.

Mining

EOS is a platform for developing decentralized applications, the main competitor to Ethereum. Since there is no EOS mining pool, the only way for you is to join the Ethereum mining pool to ensure the profitability of crypto mining. Individual miners get a minimum of opportunities. Since the current mining difficulty is high, the amount of mining power on several of these rigs is unlikely to get even one block. You should be aware that mining pools combine the hashrate of all miners in it and increase the likelihood of finding blocks as a group. Thus, even if you fail, you will receive a permanent payment from the pool, after which you can convert to EOS.

The steps are pretty simple:

• Install the appropriate miner into any Ethereum pool of your choice.
• After you get some Ether, you can convert it to EOS using an exchange that supports this pair.

Now you can say that your EOS is mined. Please note that EOS crypto cannot be mined on video cards, ASICs, or FPGAs, as it does not work on the PoW algorithm.

Investments through exchanges and crypto wallets

EOS is currently known as a fairly technological blockchain platform that functions based on the consumption of its tokens by "lamers" that were developed until the end of the summer of 2018. As you know, there are a lot of options for buying a crypto, and each with its own advantages.

The first method on our list will be the key in the storage of your digital money - cryptocurrency wallets. The wallet itself is not the place where your crypto assets are stored - it is the key to access them.

A crypto wallet is a physical device or program containing cryptographic keys. With its help, you can perform various operations with your cryptocurrency, which is stored in the blockchain ecosystem. There are online and offline cryptocurrency wallets, which in turn are multi-currency (allowing you to store various cryptocurrencies) and monotonous (designed for a specific cryptocurrency) There are other types of wallets that are currently common:

• "Hot" wallets of cryptocurrencies. This means storing digital assets on remote servers with an uninterrupted connection to the Internet. They are distinguished by ease of use, which is why they are popular with beginners and active cryptocurrency traders. Advantages such as simple registration, anonymity (that is, not you will need to indicate personal data), fast transaction speed, accessibility from any device that is connected to the Internet.
• "Cold" cryptocurrency wallets. These are solid-state drives (hard drives or flash drives) designed to store access keys without connecting to the Internet. There are desktop and hardware. Here you need to connect to the network only at the moment when the user needs to make an operation to withdraw cryptocurrency. In addition to the method of access, cold cryptocurrency wallets also differ in their functionality, as well as in the availability of certain features.

The second method on our list will be investments through crypto-exchanges. When choosing an exchange, you should be guided by the following criteria:

• The size of the commission - it is obvious that the commission for the trades, the better for the investor.
• Trading volume and number of users - high trading volumes indicate high business activity on the exchange and user confidence.
• Reliability - echoes the second point. As a rule, with a high trading volume, they are the most reliable.
• Amount of cryptocurrency - this point is controversial, but usually the more cryptocurrency on the exchange, the better.

Investments through online trading platforms

An investment platform is an information system that allows you to conclude agreements between investors and owners of any business. These are intermediary platforms that help people from different parts of the world find each other in order to bring a common idea to life.

Investment business on the Internet is somewhat different from similar activities in offline life. 

Let's list the main features:

• the conclusion of contracts and transactions does not require the personal presence of the participants;
• deposits and withdrawals are carried out remotely online;
• no time, national or other restrictions;
• you do not need to monitor the movement of funds on the account every second;
• you can start with a small investment (a great option for those who want to experiment, try their hand at investing).

CFD trading is practiced on the online platform.

CFD - price difference contract

Benefits of CFDs:

• Higher shoulder. CFDs provide a higher level of leverage than traditional stock trading. Standard leverage in the CFD market can be up to 300%.
• Variety of trading opportunities. Brokers currently offer exchange, index, treasury, forex, sector and commodity CFDs, so speculators have extreme freedom in their choice of funds.
• Access to global markets. CFD is a product available in all major markets around the world, so you can trade around the clock.
• Flexibility. Trading CFDs is equally effective in rising and falling markets.
• Low threshold of entry. Trading in stocks requires a fairly high initial investment. Many brokers also set limits on the amount of free resources in the balance that must be in the account. The CFD market is not bound by these restrictions. You can confidently trade with a small amount on deposit, the minimum transaction can start from $ 1, even if the asset itself costs 1000 USD - the profit will be accrued in proportion to the price change.
• Variety of trading opportunities. Brokers currently offer exchange, index, treasury, forex, sector and commodity CFDs, so speculators have extreme freedom in their choice of funds.

Prospects for EOS?

One of the promising coins, which is at the initial stage of its development, and which did not show itself in any way in 2020 (meaning growth). It is ideal to start investing in EOS as it has huge opportunities. potential and underestimated. The scope and development goals of the project are impressive. One of the most compelling arguments is fundraising during the ICO. More than $ 4 billion was raised. No other company was able to raise such an amount of money at the very start. Another distinguishing feature is the transaction system, which, according to the project developers, is superior to Ethereum smart contracts. this platform is a unique project with a good idea and a strong team. The number of adherents testifies to a major hype and strong support from the crypto community.

Several developers have stated that EOS will outperform Ethereum. So far, this is far from it, but such a moment should not be ruled out. Of course, the token should be kept in your portfolio. In the long term, the coin will show good xx. 

The main advantage of the system and at the same time its weak point is that the internal cryptocurrency of the EOS is completely dependent on the efficiency and speed of development of the platform itself, which does not even allow the creators to make long-term forecasts and say with confidence at what pace the system will develop. 

Thanks to modern algorithms, high bandwidth, properly built partnerships between the system and its users, EOS confidently takes the leading positions in the ratings. 

Now there is a correction in the market and the price of the crypt is at a point that is very attractive for purchases. The investment of funds is active in many countries, including Malaysia.

EOS has been growing in the last couple of months. It is a promising cryptocurrency that could generate huge profits in the future. Looking at the current scenario, as more and more companies use the EOS blockchain, EOS tokens will become more popular. The EOS coin is expected to return to its former heights soon; As a result, EOS appears to be a great opportunity and choice for investors to buy right now, and the cryptocurrency has the potential to grow steadily or exponentially over the next few years. After you have gathered all the necessary facts, you should invest in EOS and make an informed choice based on careful research. 

To summarize the above, it is worth noting that the EOS project, dubbed the "Ethereum Killer", entered the TOP 10 most capitalized cryptocurrencies, and the value of the company's coins continues to rise.