EOS Price Hits $0.54 on Exchanges (EOS)

EOS (EOS) traded 2.1% higher against the US dollar during the twenty-four hour period ending at 0:00 AM ET on September 26th. EOS has a market cap of $1.14 billion and $69.30 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can currently be purchased for approximately $0.54 or 0.00000829 BTC on major cryptocurrency exchanges. Over the last week, EOS has traded 5% higher against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded up 3.4% against the dollar and now trades at $0.15 or 0.00000237 BTC.
• BitTorrent-New (BTT) traded up 12.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 5.3% against the dollar and now trades at $0.75 or 0.00001147 BTC.
• Terra Classic (LUNC) traded up 3.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.2% against the dollar and now trades at $0.40 or 0.00000618 BTC.
• Terra (LUNA) traded up 4.9% against the dollar and now trades at $0.40 or 0.00000617 BTC.
• Lisk (LSK) traded 4.1% higher against the dollar and now trades at $0.96 or 0.00001461 BTC.
• USDX [Kava] (USDX) traded 0.9% lower against the dollar and now trades at $0.76 or 0.00001165 BTC.
• Ark (ARK) traded 0.3% higher against the dollar and now trades at $0.42 or 0.00000637 BTC.

About EOS

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 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. EOS’s official website is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible 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.”

Buying and Selling EOS

It is usually not presently 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 Coinbase, Changelly or GDAX. 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