EOS Price Reaches $0.52 on Major Exchanges (EOS)

EOS (EOS) traded down 1.6% against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on August 27th. EOS has a market cap of $1.09 billion and approximately $69.17 million worth of EOS was traded on exchanges in the last 24 hours. During the last week, EOS has traded up 5.7% against the dollar. One EOS coin can now be bought for $0.52 or 0.00000835 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 3.1% against the dollar and now trades at $0.16 or 0.00000261 BTC.
• BitTorrent-New (BTT) traded down 4.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 1.8% against the dollar and now trades at $0.70 or 0.00001134 BTC.
• Terra Classic (LUNC) traded down 4.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 3.4% against the dollar and now trades at $0.37 or 0.00000599 BTC.
• aelf (ELF) traded down 1.5% against the dollar and now trades at $0.39 or 0.00000633 BTC.
• Lisk (LSK) traded down 3.6% against the dollar and now trades at $0.85 or 0.00001368 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.78 or 0.00001257 BTC.
• Ark (ARK) traded 2.7% lower against the dollar and now trades at $0.33 or 0.00000531 BTC.

About EOS

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 official message board for EOS is eosnetwork.com/blog. EOS’s official website 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 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 currently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView