How to Trade EOS EOS Trading Strategies IG International


Future orders like Buy Stops and Buy Limits are also available. A total of 1 billion EOS tokens are being distributed on the Ethereum blockchain over a period of 341 days, using a smart contract. EOS.IO officially becomes an open-source software on June 1st, 2018, opening up the floor to developers to exploit the EOS coin’s potential. Conversely, EOS tokens owners act as shareholders of traditional public companies, that way the owners are able to cast votes and participate in the governance of the blockchain, in proportion to the their LTC eos trader stake.


The value of a lot of cryptocurrencies is linked to the projects behind them, even if the project does not use the native coin by default. There are more than 100 cryptocurrency exchanges that currently support EOS transactions – both buying and selling. This includes established exchanges like Binance, Huobi Pro, BigONE, Bitfinex and Coinbase Pro.

EOS supply

9.1 As a platform of “Internet service provider”, the Platform does not guarantee that the information and Services on the Web Page platform can fully meet the needs of Users. 6.2 The Platform does not provide any guarantee for the Web Page. Without prejudice to the foregoing, the Platform does not guarantee that the Web Page meets your requirements or suits your purpose. 1.6 It is our responsibility to maintain a proper market order; and as such, we may, at our sole discretion, halt trading on the Website in the event of any market disruption or any other relevant external event.

This means you will turn a profit from a short trade if the price continues to move lower than your initial entry point. If you are looking to embark on EOS online trading for the first time, you’ll need to understand there are two types of trading styles. The first is known as technical analysis trading and the second is classed as fundamental analysis trading. The former is normally utilised by the most experienced cryptocurrency traders with a handle on historical charts, as well as real-time graphs to plot points of support and resistance.

A Must-ReadeBook for Traders

Supply and Demand – Like any other digital asset, EOS is also subject to price volatility because of supply and demand dynamics. Currently, there’s a supply of over 1 billion EOS tokens, and an increase or reduction in that amount can move the price one way or the other. CFDs- A Contract for Difference, commonly known as a CFD, is a financial derivative that reflects the changing price of EOS in real-time without requiring the trader to buy the currency.

The amount of power conferred depends upon the number of EOS tokens held. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Unlike many exchanges out there, who are restricting their clients to trade only Crypto to Crypto, our clients can trade Cryptos against Fiat currencies (USD, EUR, JPY etc.), as well. Use different order types in order to diversify your trading and to find best EOS trading opportunities. Many investors think that EOS and Ethereum are the same but they have different target audience. EOS adepts think that this platform will be more decentralized as it uses Proof of Stake consensus mechanism as compared to Ethereum, which works on Proof of Work.

You are more liquid when you purchase CFDs because you are not tied to the asset, you have merely purchased the underlying contract. As well as this CFDs are a more established and regulated financial product. 84% of retail investor accounts lose money when trading CFDs with this provider.

start trading eos

However, it’s always important to be v and wary of altcoins. Most carry significant volatility that can turn profitable trading positions into significant losses within a matter of hours. Although the price of EOS may be $3.20 as of 20 July 2021, its value was as high as $12.95 on 12 May 2021, losing more than two-thirds of its value in just over two months.

Storing EOS: what is a wallet? Why do I need it to store cryptocurrency?

E) The Platform does not guarantee that the use of the Web Page will be free from disturbance or error. The Platform assumes no responsibility for any such interference that prevents you from accessing or using the Web Page and Services. 1.2 We will impose certain trading limits before you are required to undergo customer due diligence . You agree to cooperate with us in this process and provide all documents/information we may require to verify your identity and business relationships. Away from the basic broker offerings, traders will also need to decide whether to trade actual cryptos or crypto derivatives.

As of 20 July 2021, the eos trader of EOS was just $3.20 per coin. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. After verifying your identity, you can make the minimum deposit in either cryptocurrency or fiat money subject to the trading platform you’ve chosen. Go to your account wallet and choose the deposit option, from where you can select any of the supported payment modes.

When EOS was created, the total supply of tokens created was 1 billion. 20% of this supply was sold through an initial coin offering , while 10% was retained by The remaining tokens have been added to the market periodically through ongoing sales. Through these sidechains, the network can handle thousands of transactions per second. Having only 21 block producers adds to the efficiency of the entire process. The EOS.IO blockchain attempts to solve historical issues present with other blockchain networks.

Assets with a capped supply tend to attract investors because they believe there is potential for long-term gains as the demand grows. EOS supports multiple blockchains to boost the performance and efficiency of the network. These sidechains work alongside the main network to create interconnected ledgers that can communicate with each other. EOS initial price was $5 per token, but then quickly dropped, to reach a low of around $0.48. In November 2017, EOS started to rise, to reach an all-time high of around $13 in January 2018.

Some of these projects include Bitshares and Steemit, and they have both been accused of allowing insiders to create tokens for themselves. This is the rate at which the supply of EOS tokens will grow annually. The level of growth is so small that it cannot trigger major price dips. Moreover, this increased supply helps accommodate the growth of the EOS network.

Due to this use for the coin, EOS is comparable to Ethereum, and is it’s main competitor (another GALA cryptocurrency that’s use is to runs dApps on its platform). For this reason, people within the crypto community refer to EOS as a ‘utility token’. A utility token is a coin, in which owning it, gives its holders the access to services provided by the project. With the case of EOS, the coin gives access to the decentralised operating system.

  • EToro is an online trading platform that was founded in 2007 by the Assia siblings and their friend David Ring in Tel Aviv, Israel.
  • High-profile traders often have a large trading volume which provides them with a cushion to hedge their bets, and following them without research may lead you to major losses.
  • Your objective is to process both types of information and make an informed decision.
  • If there are any comments from famous persons within the crypto community, they may influence EOS price in both short and long term.
  • 5.2 Under no circumstances will hyperlinks to any page of the Web Page be created without the prior consent of the Platform.

For interest in the EOS blockchain project to be sustained long-term, also appreciates the need to redesign incentives for those prepared to stake their EOS holdings. If these staking rewards materialise it could be transformational for the EOS project and its coin value. However, if your long position sees the price of EOS fall below your entry point, you will be obliged to pay the difference to your broker. If your short position rises above your entry point on EOS, you will also be obliged to pay the difference to your broker. You take full responsibility and risk of loss as a result of your use of the Services.

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