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eToro EOS Trading

How to Trade EOS on eToro?

eToro's crypto trading platform allows you to invest on EOS and even copy crypto traders. You can start with just a minimum investment of $50.

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The Ultimate Guide to Trading EOS With eToro

Just like several blockchains, the EOS or the EOS.IO is a decentralized platform that supports decentralized applications (DApps), like those on the Ethereum blockchain. Known as a next-generation blockchain, it makes free and fast transactions at the rate of thousands per second. The proof-of-stake consensus validates the blockchain state without having the miners compete with each other.

In this page, you can find out useful information about EOS, how it works and how you can trade it with the eToro online platform. There's also a basic step-by-step guide which you should read before making any investments. Keep scrolling for more details!

Table of Contents

  1. History of EOS
    Who started EOS? (23sec)
  2. How Does EOS (EOS.IO) Work?
    What is this decentralized platform? (9sec)
  3. The EOS Token
    What is it used for? (29sec)
  4. Uses of the EOS Coin
    What is the major feature of EOS? (18sec)
  5. Advantages of Using the EOS Blockchain
    Is the EOS blockchain good? (38sec)
  6. Why EOS.IO is Different From Other Crypto Networks?
    What makes it different? (12sec)
  1. The EOS Community
    The organization (23sec)
  2. Trading and Investing on EOS
    Ways to invest (12sec)
  3. How to Trade EOS on eToro?
    Step-by-step guide (23sec)
  4. The eToro Crypto Wallet
    Does eToro have an EOS wallet? (23sec)
  5. Is EOS a Good Investment?
    Is it worth investing in EOS? (40sec)

Already thinking of trading EOS?

You probably are so click the button below which will take you to eToro's EOS trading page. Here, you will be able to see what it looks like and continue to open an account to get started.


YES, TRADE EOS NOW!

78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

History

EOS.IO was created based on a white paper published in 2017. The platform was developed by a company called block.one. Its Chief of Technology Officer Daniel Larimer, who was the lead architect of the EOS.IO software, became known for developing and designing the proof of stake method that EOS.IO applies in its blockchain.

EOS logo
EOS logo

After an initial coin offering (ICO) haul of more than $4.1 billion in 2018, EOS.IO became one of the biggest open-source blockchains in the crypto universe.

How Does EOS (EOS.IO) Work?

Basically, the two main goals of the EOS are to:

  1. Create a platform that can process millions of transactions per second.
  2. Charge nothing or zero as transaction fee.

The EOS Token

The EOS is the native token that runs on the EOS.IO blockchain. Large-scale applications are supported by this technology. There are no transaction fees associated with sending or receiving and trading EOS. By rewarding users who continue to run the network with EOS, the EOS platform effectively substitutes inflation for transaction fees. Additionally, the EOS coins are used as governance mechanism for generating resources required for users and developers to run applications on EOS.

Presently, the EOS coins have a total circulation of a little more than 970 million while its maximum cap has not yet been set.

Uses of the EOS Coin

The EOS coin is no different from other cryptocurrency since one can also purchase it, send as payment, keep it and receive it as funds in a wallet. To put it simply, it makes up for a seamless and accurate payment system. You can immediately send EOS coins to anyone, anywhere in the world with zero transaction fee.

Advantages of Using the EOS Blockchain

  • In the EOS Blockchain, both public and private use cases are supported.
  • It can be customized to meet a variety of business needs, making it an ideal blockchain application for the real world.
  • The solution provides safe application processing, role-based security authorizations, and industry-leading speed.
  • Based on the EOSIO protocol, it follows similar programming patterns and languages used by existing non-blockchain applications.
  • It is sustainable through instances of inflation. The platform plans on sustaining the continuous handing out of reward to block producers in recognition of their work. By implementing this, EOS achieved a low inflation rate of around 5% annually until it even got lower to 1% in February 2020.
  • A seamless user experience is created by using tools that the users are already familiar with.

Why EOS.IO is Different From Other Crypto Networks?

By trying to solve the issue of scalability—a pressing problem hounding the crypto world—EOS.IO has managed to set its platform apart from the others. All doing so by also charging zero transaction fee.

The EOS Community

The EOS community is one of the fastest growing in the crypto and blockchain industry today. Contributors and investors alike are forming a vibrant community where art is created and marketed, and where interactions among the community members spills over from social media to even in real life.

To date, there are more than 100 DApps comprising the EOS Network with the PRA CandyBox, being its most active application attracting more than 6.000 users every day.

Trading and Investing on EOS

The easiest way to buy and invest on EOS is through a broker or a trading platform. Especially beneficial for newbie traders planning to invest on cryptocurrencies are trading platform apps like eToro.

EOS trading on eToro's platform
EOS trading on eToro's platform

How to Trade EOS on eToro?

You can invest on EOS via eToro's online trading platform. Once you have opened an account and made your first deposit, follow the very basic steps below:

  1. On your eToro dashboard, click "Discover".
    Clicking "Discover" on eToro
    Clicking "Discover" on eToro
  2. Select "Crypto".
    Selecting "Crypto" eToro's platform
    Selecting "Crypto" on eToro's platform
  3. Scroll down to look for "EOS".
    Looking for EOS on eToro's list of crypto assets
    Looking for EOS on eToro's list of crypto assets
  4. Click "Buy" and set the amount you want to invest.
    Buying EOS on eToro's platform
    Buying EOS on eToro's platform
  5. "Click "Open Trade".
    Executing EOS buy order on eToro
    Executing EOS buy order on eToro

The eToro Crypto Wallet

If you want to avoid losing your EOS tokens and keep them secure, you can get eToro wallet on iOS and Android. The security is high-level and it's free to download.

eToro Wallet app
eToro Wallet app

One of the features eToro is known for is its crypto wallet. It's a secure and accessible multi-cryptocurrency digital wallet that can store over 120 cryptocurrencies, including EOS tokens. Via this crypto wallet you can buy, store and transfer coins to different addresses.

Is EOS a Good Investment?

Armed with a $4 billion war chest, the EOS is forecasted to meet all its vision in the future—such as introducing DApps to the general crowd. However, the next few years will be important for the platform to cement its footing in the DApp market. Analysts don't see the EOS going away soon, so might as well follow it closely and consider investing on it.


Got your eyes on EOS now?

All you have to to is to click on the button below to start trading EOS with eToro. This will take you directly to eToro's EOS crypto trading page. From there, the live platform will load and you can then use this environment to explore the user interface. Once you’ve decided to get started, simply click the "Sign-up" button.


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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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