EOS Tops One Day Trading Volume of $80.23 Million (EOS)

EOS (EOS) traded 5.9% higher against the dollar during the 1-day period ending at 23:00 PM Eastern on July 14th. EOS has a total market capitalization of $1.22 billion and $80.23 million worth of EOS was traded on exchanges in the last day. During the last seven days, EOS has traded up 19.7% against the dollar. One EOS coin can now be purchased for approximately $0.58 or 0.00000931 BTC on major exchanges.

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

• TRON (TRX) traded 1.2% lower against the dollar and now trades at $0.14 or 0.00000221 BTC.
• BitTorrent-New (BTT) traded up 2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.7% higher against the dollar and now trades at $0.80 or 0.00001280 BTC.
• Terra Classic (LUNC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 2.3% higher against the dollar and now trades at $0.39 or 0.00000632 BTC.
• aelf (ELF) traded up 5.2% against the dollar and now trades at $0.40 or 0.00000639 BTC.
• Lisk (LSK) traded 1.7% higher against the dollar and now trades at $0.96 or 0.00001533 BTC.
• USDX [Kava] (USDX) traded 0.5% higher against the dollar and now trades at $0.81 or 0.00001295 BTC.
• Ark (ARK) traded down 0.3% against the dollar and now trades at $0.33 or 0.00000521 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. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official message board is eosnetwork.com/blog. EOS’s official website is eosnetwork.com.

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 Gemini, GDAX or Changelly. 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