EOS (EOS) Price Hits $0.46

EOS (EOS) traded 2.2% lower against the US dollar during the 24 hour period ending at 14:00 PM E.T. on September 3rd. One EOS coin can currently be bought for about $0.46 or 0.00000795 BTC on exchanges. EOS has a total market cap of $966.32 million and approximately $62.82 million worth of EOS was traded on exchanges in the last day. In the last seven days, EOS has traded down 11.2% against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.15 or 0.00000261 BTC.
• BitTorrent-New (BTT) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 3.5% against the dollar and now trades at $0.63 or 0.00001089 BTC.
• Terra Classic (LUNC) traded 0.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.8% against the dollar and now trades at $0.36 or 0.00000625 BTC.
• Terra (LUNA) traded up 4% against the dollar and now trades at $0.35 or 0.00000605 BTC.
• Lisk (LSK) traded down 1.2% against the dollar and now trades at $0.76 or 0.00001310 BTC.
• USDX [Kava] (USDX) traded down 0.3% against the dollar and now trades at $0.78 or 0.00001340 BTC.
• Ark (ARK) traded down 2% against the dollar and now trades at $0.29 or 0.00000502 BTC.

About EOS

EOS (CRYPTO:EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView