EOS Price Tops $0.56 on Major Exchanges (EOS)

EOS (EOS) traded 3.3% higher against the US dollar during the 24 hour period ending at 10:00 AM Eastern on March 6th. One EOS coin can now be bought for about $0.56 or 0.00000612 BTC on popular exchanges. During the last week, EOS has traded 1.6% lower against the US dollar. EOS has a total market cap of $863.37 million and $81.78 million worth of EOS was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 0.5% lower against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Tezos (XTZ) traded 4.9% higher against the dollar and now trades at $0.79 or 0.00000866 BTC.
• BitTorrent-New (BTT) traded 2.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 1.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.25 or 0.00000273 BTC.
• Terra (LUNA) traded up 2% against the dollar and now trades at $0.21 or 0.00000235 BTC.
• Lisk (LSK) traded up 3.3% against the dollar and now trades at $0.62 or 0.00000680 BTC.
• Ark (ARK) traded up 10.7% against the dollar and now trades at $0.38 or 0.00000420 BTC.

About EOS

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 and its circulating supply is 1,550,714,288 coins. The official website for EOS is eosnetwork.com. EOS’s official message board is eosnetwork.com/blog. 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 presently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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