EOS (EOS) Trading Down 2.7% This Week

EOS (EOS) traded down 2% against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on October 31st. One EOS coin can currently be purchased for approximately $0.45 or 0.00000626 BTC on exchanges. During the last week, EOS has traded 2.7% lower against the U.S. dollar. EOS has a total market capitalization of $689.66 million and $57.44 million worth of EOS was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.5% higher against the dollar and now trades at $0.17 or 0.00000235 BTC.
• BitTorrent-New (BTT) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 2.8% against the dollar and now trades at $0.65 or 0.00000894 BTC.
• Terra Classic (LUNC) traded up 3.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2% against the dollar and now trades at $0.35 or 0.00000489 BTC.
• Terra (LUNA) traded up 1.8% against the dollar and now trades at $0.35 or 0.00000486 BTC.
• Lisk (LSK) traded down 3.1% against the dollar and now trades at $0.79 or 0.00001091 BTC.
• Ark (ARK) traded up 1.7% against the dollar and now trades at $0.52 or 0.00000718 BTC.
• USDX [Kava] (USDX) traded up 0.9% against the dollar and now trades at $0.57 or 0.00000786 BTC.

EOS Profile

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 1,524,375,099 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official message board for EOS is eosnetwork.com/blog. The official website for EOS is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed 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 currently 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView