How to buy, sell and trade EOS coin in Australia
Our beginner’s guide to buying the EOS cryptocurrency in Australia.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
How to buy EOS
Look for an exchange that supports both fiat and cryptocurrency to simplify buying EOS.
- Open an account on an exchange that supports EOS.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy EOS.
- Buy EOS.
Complete your EOS purchase and then find the best wallet to store EOS.
What is EOS?
EOS is a blockchain and smart contract platform designed to compete with blockchains like Ethereum. It was designed with many features already built-in, allowing developers to make dapps more easily and in a standardised manner. It’s engineered to scale to millions of transactions per second, with new blocks created every 0.5 seconds. EOS uses a delegated proof-of-stake (DPoS) consensus mechanism that allows EOS coin holders to select 21 block producers who approve transactions. The EOS coin is used for payments, governance and staking.
EOS (EOS) is the 34th largest cryptocurrency in the world by market cap, valued at $3,852,982,099. The current price of EOS is $4.02, which is -0.057% lower than yesterday. Prices have ranged between $4.16 and $3.98 over the past 24 hours. All prices are listed in US dollars and accurate as of August 06, 2021 12:08 UTC.
Where to buy EOSFind an exchange to buy, sell and trade EOS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
EOS at a glance
EOS price performance over time
How to sell EOS
You can cash out your EOS with the same exchange you bought it through:
- Sign in to the exchange you have EOS on.
If you store your EOS in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of EOS you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of EOS.
What to consider when buying EOSBefore buying EOS or any other cryptocurrency, it’s essential to do your own research into how the currency works and the factors that could potentially affect its price. Digital currencies are complicated, volatile assets, so make sure you’re fully aware of the risks involved before making a purchase. If you’re thinking of buying EOS, consider the following factors:
- Competition. EOS is far from the only challenger to Ethereum, with Cardano, Polkadot, Solana and a host of other platforms competing for market share. Competition from these projects could have an impact on the level of widespread adoption EOS achieves.
- White paper. If you want to know more about the technology behind the EOS platform, check out the EOS technical white paper.
- Partnerships. In the first quarter of 2018, block.one announced a partnership with digital assets merchant bank Galaxy Digital to develop the EOS ecosystem and invest in projects that use EOS blockchain software. It also joined forces with German fintech incubator FinLab AG to develop projects using EOS software.
- Development. EOS launched in 2018 to significant fanfare, however development news has been somewhat quiet compared to similar projects, with CTO and figurehead Dan Larimer announcing his retirement from parent company block.one in January 2021.
Coins similar to EOS (EOS)
EOS (EOS) in the news
Bitcoin Analyst Says ‘Young’ BTC Is on the Move – Here’s What It Could Mean for the Markets
Coinbase Consumers Can Now Buy Crypto Using Apple Pay
Cardano (ADA) founder teases announcement of smart contract rollout date
More guides on Finder
Successful investors share tips for 2021 [SPONSORED] Want to know what other investors are up to? We asked so you don’t have to.
Argent wallet: Review and guide
Store cryptocurrency assets and open the world of decentralised finance (DeFi) from the Argent mobile crypto wallet.
1inch review and guide: How to trade and stake
A step-by-step guide on how to trade, stake and supply liquidity to the 1inch DEX aggregator.
A guide to using the Loopring Decentralised Exchange
Learn how to save on Ethereum gas fees by using the Loopring decentralised exchange, and earn money as a liquidity provider.
What is impermanent loss?
Impermanent loss can be an unforeseen risk when providing liquidity to DeFi. Here we explain what it is with an easy to follow example, and outline how it can be avoided.
How to stake Cardano (ADA)
Earn interest on idle ADA tokens by staking within the Cardano blockchain.
How to stake Synthetix (SNX)
Learn how to stake Synthetix (SNX) tokens and earn rewards by providing collateral for the Synthetix exchange.
How to stake Chainlink (LINK)
Learn how to stake Chainlink (LINK) tokens and earn rewards through exchanges, lending services and node operation on the Chainlink network.
How to stake DAI
Find out how you can stake DAI, the decentralised stablecoin from MakerDao, and what the risks and potential rewards are.
AscendEX (BitMax) Cryptocurrency Exchange Review
A complete review of the AscendEX exchange, covering trading and DeFi features, associated fees, regulation and security. Is AscendEX right for you?
Ask an Expert