EOS (EOS) Tops 1-Day Trading Volume of $64.60 Million

EOS (EOS) traded 2.5% lower against the U.S. dollar during the one day period ending at 16:00 PM ET on October 17th. EOS has a total market cap of $725.78 million and $64.60 million worth of EOS was traded on exchanges in the last day. One EOS coin can now be bought for about $0.48 or 0.00000712 BTC on exchanges. During the last week, EOS has traded up 4.1% against the U.S. dollar.

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

• TRON (TRX) traded down 0.1% against the dollar and now trades at $0.16 or 0.00000238 BTC.
• BitTorrent-New (BTT) traded 2.7% 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 $0.67 or 0.00001003 BTC.
• Terra Classic (LUNC) traded down 2.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.4% lower against the dollar and now trades at $0.38 or 0.00000563 BTC.
• Terra (LUNA) traded 1.6% lower against the dollar and now trades at $0.36 or 0.00000540 BTC.
• Lisk (LSK) traded down 2.8% against the dollar and now trades at $0.81 or 0.00001206 BTC.
• Ark (ARK) traded 6.7% lower against the dollar and now trades at $0.57 or 0.00000846 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.66 or 0.00000992 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,521,531,870 coins. 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. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official message board is eosnetwork.com/blog.

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.”

EOS Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView