EOS Tops 1-Day Trading Volume of $46.85 Million (EOS)

EOS (EOS) traded 2.7% lower against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on November 2nd. During the last seven days, EOS has traded down 4.7% against the dollar. One EOS coin can currently be purchased for about $0.42 or 0.00000616 BTC on cryptocurrency exchanges. EOS has a market cap of $644.49 million and $46.85 million worth of EOS was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.16 or 0.00000239 BTC.
• BitTorrent-New (BTT) traded down 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2% lower against the dollar and now trades at $0.62 or 0.00000898 BTC.
• Terra Classic (LUNC) traded 5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.8% against the dollar and now trades at $0.34 or 0.00000490 BTC.
• Terra (LUNA) traded 4.7% lower against the dollar and now trades at $0.32 or 0.00000464 BTC.
• Lisk (LSK) traded down 3.6% against the dollar and now trades at $0.75 or 0.00001086 BTC.
• Ark (ARK) traded 4.6% lower against the dollar and now trades at $0.46 or 0.00000672 BTC.
• USDX [Kava] (USDX) traded 0.1% lower against the dollar and now trades at $0.56 or 0.00000819 BTC.

EOS Profile

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 and its circulating supply is 1,524,949,131 coins. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. The official website for EOS is eosnetwork.com. EOS’s official message board is eosnetwork.com/blog. 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 possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView