The evolution of the crypto industry has seen numerous positive changes. Innovators in crypto technology have now developed EOS, which is a platform that allows people to maximize their cryptocurrency activities from different angles. The architecture accommodates more than one type of cryptocurrencies such as Bitcoin and Ethereum.
The blockchain technology allows people to make transactions, use different crypto-related applications and establish smart contracts. So, if you are planning on buying EOS cryptocurrency, there are excellent tips for you to follow.
Knowing Where to Buy
Before you know how to buy, you need to know where to buy. One of the best and most recommended platforms is the Binance exchange. They do not allow the use of cash, and they only accept either Ethereum or Bitcoin. This means that you have to buy these coins in the first place. One thing to know is that this is a safe platform because they claim to have never been hacked since they began operations.
Another way to buy EOS is through Changelly. Just like Binance, they also only accept common coins like Ethereum and Bitcoin. Although it is a very simple platform for beginners, there is a catch. The exchange rate may not be the best. If you want to understand more about these exchange platforms and a lot more about cryptocurrency, visit https://trybe.one/.
Various Other Ways to Buy EOS
Apart from buying EOS with either Bitcoin or Ethereum through the above methods, you can also purchase it in many other convenient ways from the comfort of your home. With the current technology in the world of finance, the sky is the limit.
- Using a debit card – as seen from the above information, using the EOS blockchain services requires you to have EOS cryptocurrency. Therefore, the best thing you can do with your debit card is to first buy the coins. It is recommended to use Bitcoin and Ethereum because they are the most popular. They are also stable, and one can remain safe during the transactions. After a successful purchase, you can then use one of the exchange platforms we have discussed above to buy EOS. Using a credit card also follows the same procedure. However, one must ensure that the credit card limit allows you to buy enough coins.
- Using a bank transfer – wiring money directly to a receiving account is now popular with the help of online banking. First, make sure that your account has sufficient money and your device is protected from hackers. Find a reputable platform to buy Bitcoin like Coinbase and buy plenty. Then, proceed to buy EOS on Changelly or any other exchange.
These are not the only ways to buy EOS. You can also use online platforms like PayPal and Skrill and even cash. From this information, it is evident that the options for obtaining EOS are numerous. Choose well to have the best experience. Now that you have these insights, it is time to go out and start transacting.