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Buy EOS in Ireland
EOS
EOS
Overview
What is EOS?
Why investors buy EOS: EOS is a blockchain platform designed for decentralised applications (DApps) and smart contracts. Let’s talk about what the platform does, its native , and how to buy it on CoinJar.
What is EOS?
EOS, short for “Enterprise Operating System,” aims to provide a scalable and user-friendly platform for dApps. It was developed by a private company called Block.one and launched in 2018.
At the time of its launch, it was a promising smart contract platform aiming to challenge Ethereum’s dominance.
The initial coin offering (ICO) raised a US$4.1 billion. (An ICO is a way for new cryptocurrency projects to raise funds.)
However, after the ICO, many believed development did not live up to expectations. The community eagerly awaited the promised advancements but saw little progress. Some community members felt that Block.one did not fulfil its commitments, leading to disappointment and frustration.
Despite the massive ICO, development stagnated, and the ecosystem faced challenges.
Challenges
Since then, EOS has overcome past challenges and adapted to present demands since its inception.
While it no longer holds its former top-10 position, the community has taken back control and is determined to restore the platform to its former glory.
See standard risk warning at the end of this article.
Despite setbacks, EOS enthusiasts continue to work towards revitalising the platform.
Cool things
A quick look through the is an interesting read of how people are using the platform.
Upland
A popular play-to-earn game on EOS, lets players buy, sell, and flip virtual real estate in simulated cities. It blurs the line between a game and an alternative space for work and socialising.
AtomicHub
A high-scale NFT platform, is used by millions worldwide. It includes an NFT Explorer, Marketplace, Trading interface, and Creator.
Prospectors
is an economic strategy game set in the 19th-century Gold Rush era, where players mine resources, build structures, and trade.
Defibox
This is a project offering features like lending, swapping, and staking.
Why investors buy EOS: Conclusion
EOS is a platform for DApps and smart contracts. By understanding its features and following the steps above, you can buy it on CoinJar in a user-friendly environment and participate in the EOS ecosystem.
Buy using a bank transfer!
Buy EOS using a bank transfer. Get cash in your account with SEPA. Convert crypto-to-crypto with a single click.How to buy EOS with CoinJar
Start your cryptocurrency portfolio with CoinJar by following these steps.
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Frequently asked questions
What is EOS?
EOS is a blockchain platform designed for decentralised applications (DApps) and smart contracts. It aims to provide scalability, user-friendliness, and efficient resource allocation for developers and users.
How do I buy EOS on CoinJar?
Create an account: Sign up on the CoinJar website and verify your identity.
Deposit funds: Deposit funds into your CoinJar account using bank transfer.
Navigate to EOS: Search on the CoinJar platform.
Purchase: Select the desired amount and complete the transaction using Euro.
What personal information is required for buying and selling cryptocurrencies?
When using CoinJar or any cryptocurrency exchange, you’ll need to provide personal information for identity verification. This includes details like your name, address, proof of address and proof of identification such as a photo ID.
What are financial assets in the context of EOS?
Financial assets refer to any tradable instruments, including cryptocurrencies. They hold value and can be bought, sold, or traded.
What is a cryptocurrency exchange?
A cryptocurrency exchange is a platform where users can trade digital currencies. CoinJar is an example of such an exchange.
Does CoinJar accept crypto for transactions?
Yes, CoinJar accepts various cryptocurrencies for transactions. You can use your existing crypto holdings to buy EOS.
What is the market cap of EOS?
As at the time of writing (April 2024), the market capitalisation is US$1B. Check real-time data at the top of this page.
What is a hardware wallet?
A hardware wallet is a physical device that adds a layer of protection through storing private keys for accessing your crypto assets. It protects your crypto by adding an additional layer of security compared to software wallets.
Hardware wallets are also known as “cold wallets” (like Ledger or Trezor) and these are best for long-term storage as they are offline and seriously difficult to hack.
What are peer-to-peer transactions in the EOS network?
Peer-to-peer transactions involve direct transfers between users on the EOS blockchain network without intermediaries.
What are digital wallets?
Digital wallets (or crypto wallets) store your EOS and other digital assets. They allow you to send, receive, and manage your holdings in a protective manner.
Who are retail investors?
Retail investors are individual investors who participate in financial markets, including buying and holding EOS tokens.
What role do private keys play in crypto transactions?
Private keys are essential for accessing your EOS holdings. They allow you to sign transactions and prove ownership.
How do I protect my digital wallet?
The level of protection provided by your digital wallet depends on the type (hardware, software) and your practices (keeping private keys in a private and protected manner).
Always prioritise protection of your crypto. CoinJar provides its own wallet service. It is convenient, however it is an online wallet, so there is a risk that it may be a victim of a cyberattack.
Your information is handled in accordance with CoinJar’s .
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