EOS is the most popular cryptocurrency in the last few months. The virtual coin, developed by the company Block.One has become the coin which has been funded the most in the last period. In fact the Black.One ICO received about 4 billion euros in less than 1 year, making the EOS crypto the biggest in the history.
This is the main reason why many traders want to buy it or trade with the EOS crypto.
At the moment EOS is the 5th best cryptocurrency in the world with a price of:
- $11.076.761.014 USD
- 1.477.257 BTC (Bitcoin)
In 2018 EOS is having the best trend compare to all the other cryptocurrencies. In fact if Bitcoin and Ethereum reached their highest pick in January 2018, EOS crypto did it in May 2018.
Now that we are into 2019 there have been a few changes and updates regarding EOS.
The most important being that since March 2019, EOS has moved up a position to now be the 4th most popular cryptocurrency globally on the market, instead of previously 5th in 2018. This was partially due to the rating findings given from a report made by the respected Weiss Ratings Group.
This fact helps to show that this crypto remains popular to investors and traders alike.
The fact that the EOS cryptocurrency can also be traded on many platforms such as BDSwiss, eToro and Plus500 for example, as well as many others, might also explain the coins continuing popularity. As having such good access to EOS via multiple platforms means that traders can easily access and trade the cryptocurrency whenever and wherever they want. It will be interesting to see what else 2019 has in store for EOS.
But what is EOS?
EOS is a network where it’s possible to develop mobile Apps. It runs in the Ethereum network and all the Apps developed in EOS can be traded in the Ethereum environment itself.
The name EOS is the acronym of Ethereum Operating System, which means that all the operating systems (App) can be developed and traded in the Ethereum environment. To make it simple it’s like Ethereum, but just for Apps.
The Ethereum concept of creating a decentralized environment where Apps can be developed and traded for very low costs attracted a lot of attention from many investors. Developing and buying Apps in EOS is cheaper than the other markets and because of its low commission costs, the EOS crypto boomed few months ago.
Where to trade EOS?
EOS can be found in all the trading platforms in the market. Many people decide to buy the EOS crypto but others prefer to trade it and earn money on its growth in the CFDs market.
Trading means doing pure speculation on a market movement, (EOS in our case), and it’s possible to earn money either if the price grows up or drops down. Buying EOS means owning it and using it in the future.
If a user hasn’t any interest in buying the EOS crypto, it’s usually better to proceed in solely trading it.
>> To learn more about EOS and where it’s better to trade it please visit this page about the best cryptocurrency trading platform in the market.