Since we want to buy EOS, the limit feature will enable us to set an ideal purchase price. The Repeat feature on Uphold enables the platform’s users to set up automatic buy, sell and exchange orders executed at regular predetermined intervals. It could be daily, weekly, or even monthly at the specified time and date. If you are a beginner to crypto, you might want to avoid using DEXes due to their complexity and limited support of cryptocurrency assets. Few, if any, DEXes support EOS, which leaves you with the option of using a CEX.

Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Use the Right EOS Broker

Desktop wallets are a type of ‘hot wallet’, so named as it has access to the Internet. These enable you to store your cryptocurrency within encrypted software on your desktop. You will need to find an exchange or broker that accepts transfers from your bank and they can take time depending on bank processing. Once you have identified the exchange or trading platform you want to use, you’ll need to become very familiar with how to navigate it effectively before risking funds.

On our platform, you have an opportunity to buy EOS in the fastest and most convenient way using any available payment method. Users of our platform enjoy a 0% service fee for the first order. Since its launch in 2017, EOS has grown rapidly and has shown its strengths. The platform executes smart contracts and creates fully decentralized applications. Although the project has the same goals as Ethereum, the way these goals are achieved is different. In particular, EOS sacrifices a bit of decentralization to improve scalability and lower transaction fees.

Phenomenal Payment Network

This feature provides guides, tutorials, and even quizzes on various topics related to crypto, making it a valuable tool for new traders. Our favoured trading platform when it comes to buying EOS is eToro. EToro has been around for many years and currently boasts over 20 million users worldwide.

• However, there are lots of non-custodial (i.e. wallets YOU control access to) EOS wallets out there.
• Many exchanges offer EOS markets, however, you should do some research to ensure cryptocurrencies are legal in your jurisdiction.
• When he’s not behind the computer he can be found hiking, camping and relaxing with his dog.
• Anyone who has spent some time in the crypto market has run into this discussion often.
• You can reduce these fees even further if you wish by using Binance’s digital currency, Binance Coin.
• Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account.

Also, some credit card issuers may bracket your EOS purchase as a “cash advance.” This will see you pay a fee to complete the transaction. This could range between 3 and 5% depending on your credit card issuer. You may need to look at the fine print before choosing this option. There are speculations in the market that EOS may increase in value in the coming years. However, in the year 2023, it is still not looking very promising. Considering all the resources, we feel that the general sentiment is neutral, and the return on investment may not be worth the risk.

Risks of Buying EOS in the UK

They rely on temporary surges and crashes to make their move and are generally profit-driven. For these types of investors, brokers and trading platforms are a better fit since they offer financial instruments of cryptocurrencies. Property of social trading platform eToro, the eToro https://www.tokenexus.com/bitcoin-future-development-are-there-any-prospects-or-not/ crypto wallet is one of the best crypto wallets in the space. It comes with several helpful tools and features which is ideal for inexperienced crypto investors. Aside from just storing your cryptocurrencies, you can also trade them all from the comfort of your mobile phone.

To buy EOS safely, make sure you use a reliable broker/exchange and avoid unregulated exchanges. EOS is a cryptocurrency with fantastic potential; however, this may not be realised in the short term. If you are happy to invest and hold EOS over the longer term, it’s definitely worth considering as an investment in 2021. Now that you have all the information you need regarding EOS, it’s time to discuss the process of actually purchasing it. The five quick steps below will show you how to buy EOS with FCA-regulated broker eToro – all in under ten minutes. According to data from CoinMarketCap, one of the leading crypto data providers, EOS currently has a market cap of just over $6 billion.

Summary: Best Places to Buy EOS in the UK

Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. There is a spread, which is 0.85% when buying EOS and 1% when selling it. UK customers can fund their accounts with How to buy EOS a debit card for a 2.49% fee or with a bank transfer via Faster Payments for free. You’ll also find information about how to use a crypto platform, the investment potential of EOS, payment methods, wallets, and UK laws and tax guidance around EOS.

• Below we briefly explain what fees to look out for when investing in EOS online.
• When beginning any new financial adventure, it’s important to have your eyes open to the costs involved.
• The most impacted have been the savings rates you get for keeping your money in the bank.
• You can basically use debit card, credit card, or even PayPal to buy the Eos Coin (or any other cryptocurrencies).
• This stops you from ever losing more money than you deposit in your trading account.

However like Kraken it also has a trading platform area called Coinbase Pro. Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease.