Buy EOS in the UK

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.

Create an account: Sign up on the CoinJar website and verify your identity. UK residents are required to complete an assessment to show they understand the risks associated with what crypto/investment they are about to buy, in accordance with local legislation.

Additionally, they must wait for a 24-hour “cooling off” period, before their account is active, due to local regulations.

Deposit funds: Deposit funds into your CoinJar account using your preferred method (bank transfer, credit cards, etc.).

Navigate to EOS: Search on the CoinJar platform.

Purchase: Select the desired amount and complete the transaction using Sterling (GBP).

See standard warning at the end of this document.

Protect your crypto: External Wallets: If you want to hold on to your crypto for a while, you can transfer your crypto to an external wallet. 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.

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.

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.

Yes, CoinJar accepts credit cards for purchasing it and other cryptocurrencies. However, there may be associated fees and interest rates.

Financial assets refer to any tradable instruments, including cryptocurrencies. They hold value and can be bought, sold, or traded.

A cryptocurrency exchange is a platform where users can trade digital currencies. CoinJar is an example of such an exchange.

Investing in cryptocurrencies carries risks due to their volatile nature. Prices can fluctuate significantly, so it’s essential to do thorough research and understand the market.

Yes, CoinJar accepts various cryptocurrencies for transactions. You can use your existing crypto holdings to buy 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.

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.

Peer-to-peer transactions involve direct transfers between users on the EOS blockchain network without intermediaries.

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.

Retail investors are individual investors who participate in financial markets, including buying and holding EOS tokens.

Private keys are essential for accessing your EOS holdings. They allow you to sign transactions and prove ownership.

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.

Financial products refer to various instruments and services related to the management, investment, or utilisation of funds within the EOS ecosystem.

These can include staking mechanisms, tokenised assets, yield farming, and other financial tools designed to enhance user participation and value creation on the EOS blockchain.

If you make any crypto-related investments, you’re unlikely to have recourse to the Financial Services Compensation Scheme (FSCS) or the  Financial Ombudsman Service (FOS) if something goes wrong.