The world of cryptocurrencies is ever-expanding. There is practically no limit to it. If you are looking for where to buy EOS, you are in the right place. We will guide you so you can buy EOS token today.
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What is EOS?EOS (EOS) token is one of the most popular cryptocurrencies in the world. It is a community-driven blockchain platform that is based on the original EOS.io blockchain protocol, and it has a lot of similarities with Ethereum and Bitcoin. EOS is a decentralized network that is based on Proof-of-Stake consensus algorithm. Its main difference from other networks is that it doesn’t have a mining process.
You only need to sign up for a supported crypto exchange that has EOS on its list.
Gate.io is a top 10 exchange that provides a secure trading experience. The service is fast, reliable, and customer focused. It is easy to use and user-friendly for beginners and experts alike. Its user base is 2 million and it has an extensive platform for trading cryptocurrencies. Gate.io lists over 1132+ cryptocurrencies and tokens at the time of writing.
Kucoin was first launched in Hong Kong in 2017, and then moved to Singapore. It has a great reputation for being user-friendly, trustworthy, and secure. KuCoin is known for being an early adopter of new digital coins and has over 549+ cryptocurrencies. This platform is likely to be useful for traders who are looking to experiment with new cryptocurrencies. The platform was founded by a former employee of Goldman Sachs, the largest investment bank in the world. According to coinmarketcap, it is ranked 7th worldwide, with over 7 million users.
ByBit is a crypto exchange registered by the CEO Ben Zhoe in British Virgin Island, in 2018. This platform has an office in Taiwan, Hongkong, and the headquarter is in Singapore. This is one of the best crypto exchanges because it has its own mobile application that can be used easily by users.Once you've registered to the above exchange, you will be ready to buy EOS (EOS)
Please see the supported crypto exchange above
Buy Tether (USDT) in the crypto exchange and then swap your USDT for any cryptocurrency you want, in this case EOS. You can buy USDT using credit card or bank transfer directly.
Crypto Exchanges that allow almost all countries:
Coinbase is one of the largest exchanges that allow you to deposit fiat currencies into the exchange. Use the link below to sign up at Coinbase and you’ll receive a free $10 worth of BTC for $100 you deposit.
The next step is to send your BTC / ETH / USDT from Coinbase to the supported crypto exchange above.
This last step is optional, but if you are prioritizing safety, a hardware wallet is a must have.
Ledger is a hardware wallet with the highest security configurations for managing your cryptocurrencies. Ledger wallets are applicable for multiple currencies and can be easily used for offline private cryptocurrency key storage. Ledger hardware wallets use various storage mechanisms like USB drives. This makes it increasingly difficult for hackers to get into. USB usage also improves the functionality of the device. Ledger wallet also comes with a 24-word backup phase for recovery. It is a great way of storing cryptocurrency assets.
You can now go offline and store your cryptocurrency in Trezor wallet. Trezor is a hardware wallet that is affordable and comes with superior security options like passphrases and PIN codes. It is the brainchild of Satoshi Labs - the pioneer in the Bitcoin Industry. Trezor wallet is extremely versatile as it supports over 1000+ cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and so on. Trezor is extremely easy to set up. The absence of any username or password in Trezor makes it safe against being hacked. With Trezor, handling your token becomes much easier.
You can't buy EOS directly using your debit card or bank transfer; you need to buy BTC / ETH / USDT first and then exchange it to EOS.
Of course you can, but it is different for each crypto exchanges. You can see the recommended exchanges above.
Currently you can only buy crypto (BTC or ETH) using Paypal on Coinbase, but that is limited to United States citizens only. You can swap BTC or ETH with EOS after that.
The cheapest way is to use bank transfer to buy BTC or ETH or USDT first, then exchange it to EOS
The fastest way is to use credit card, but you will be charged higher fees.
The answer is YES and NO.
KYC is a process in which a person’s identity is verified in order to provide them with access to financial services. This is especially important when it comes to trading cryptocurrencies, because of the anonymity that they provide. This process ensures that users are not engaging in illegal activity and that their money is being used for legitimate purposes.
Some exchanges allow users to trade on their platform without KYC, but you will find something called "LIMITATIONS," such as withdrawal limits, and sometimes your account can get flagged in case of suspicious activities - this is not worth the risk.
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Buying EOS (EOS) is easy if you follow the steps correctly. You just need to find the correct trading pair and the supported exchanges, and you are good to go.
