EOS Price Hits $0.57 on Top Exchanges (EOS)

EOS (EOS) traded down 1% against the U.S. dollar during the one day period ending at 7:00 AM ET on July 3rd. One EOS coin can now be purchased for $0.57 or 0.00000953 BTC on popular cryptocurrency exchanges. EOS has a market cap of $1.21 billion and approximately $72.44 million worth of EOS was traded on exchanges in the last 24 hours. During the last seven days, EOS has traded 0.4% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.13 or 0.00000214 BTC.
• BitTorrent-New (BTT) traded down 2.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2.5% lower against the dollar and now trades at $0.77 or 0.00001280 BTC.
• Terra Classic (LUNC) traded 2.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4.1% lower against the dollar and now trades at $0.41 or 0.00000674 BTC.
• aelf (ELF) traded down 4.5% against the dollar and now trades at $0.33 or 0.00000553 BTC.
• Lisk (LSK) traded down 3% against the dollar and now trades at $0.98 or 0.00001620 BTC.
• USDX [Kava] (USDX) traded up 0.8% against the dollar and now trades at $0.81 or 0.00001350 BTC.
• Ark (ARK) traded 6.9% lower against the dollar and now trades at $0.40 or 0.00000659 BTC.

EOS Coin Profile

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. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS 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 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 currently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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