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EOS how to buy

Miguel A. Rodriguez
Miguel A. Rodriguez
16 February 2023
Buying EOS is an investment that comes with significant risk. While EOSUSD trading experienced immense highs, it is also fallen to devastating lows. Here are the options to buy EOS online.

What is EOS Cryptocurrency?

EOS is an open-source, blockchain-based decentralized platform that can be used to host and develop decentralized applications (dApps). EOS is considered a direct competitor for the Ethereum blockchain. However, EOS aims to become bigger, faster, and better than Ethereum.

EOS was launched in June 2018, following an initial coin offering (ICO) which raised $4.1 billion for, the company that developed EOS.IO. Dan Larimer launched EOS. He is also the creator and founder of other established platforms like Bitshares or Steem.

The EOS ecosystem has two key components ━ the EOS.IO software and the EOS tokens. The EOS tokens, are the network’s native cryptocurrency and can be used to pay on the network.

EOS core functionality allows individuals and businesses to create blockchain-based apps in a manner that is similar to web applications. EOS allows secure access, authentication, data hosting, permissions, usage management, communication between dApps with the Internet, and provides secure access.

EOS.IO is akin to the operating system on a computer. It oversees the EOS blockchain network. It uses blockchain architecture to allow vertical and horizontal scaling for DApps.

Developers do not need to spend EOS coins, but only to hold them, in order to access the network’s resources or to create and manage DApps. Token holders can rent or allocate their bandwidth to others who require it, even if they aren't running any apps.

EOS.IO claims it can support thousands of DApps commercially without performance bottlenecks. It uses parallel execution and asynchronous communications across the network.

EOS features key usability characteristics, including a web toolkit to develop interfaces, self-describing schemas, and self-describing interfaces, as well as a declarative authorization scheme. These features make it easier for developers to create and maintain apps.

EOS does not employ the same cryptocurrency mining concept that is used by the Bitcoin network. Instead, block producers create the required amount of blocks and get rewarded with new EOS tokens.

Block producers may publish the amount they wish to be paid. The median value of all block producers' expected pay is used to calculate the number of tokens that can be created.

This feature is easy to misuse as block producers naturally want higher wages. A mechanism limits producer awards tokens to ensure that there is no increase in total token supply by more than 5% annually. Voting token-holders have the power to reject block producers that demand more.

This mechanism works in conjunction with EOS storage. Token holders pay a portion of the annual inflation to store files on the EOS network. Their EOS tokens will not lose value if they store a file on the EOS network.

Block creators will demand more storage, so more blocks are required. They can also demand higher pay inflation to get more value for their work, which is approved by token holders. Inflation will decrease if storage demand is lower. This will reduce the loss of value for stored EOS tokens.

As crypto exchanges have become more accessible and the EOSUSD price has risen, more people have begun to invest in cryptocurrency. EOS trading is allowing a great transfer of wealth and even new investors can hope to profit from its fast growth and earn higher returns than they would on the stock market.  

With so much attention from the media and financial traders, new cryptocurrency investors are always looking for advantageous ways (platforms) to buy EOS online. Luckily, there are numerous services and guides on how to buy EOS to help you get started in the cryptocurrency market. 


Where to Buy EOS (EOS coin)  

There are two ways cryptocurrency investors can choose when searching how to buy EOS online: 

  • Cryptocurrency exchange
  • Online Brokers 

Crypto exchanges might be a good option for holding your funds, especially if you plan to withdraw them to a private wallet.

Online brokers are another great option where to buy EOS, which is increasing in popularity lately due to ease of trading, fast transaction, and greater control over the digital assets in your portfolio.  

When you use a broker platform, you gain access to a comprehensive feature set that will assist you in more precisely calculating your strategies and risks. As a result, you will be able to add more indicators to the chart and use the built-in technical analysis tools. However, unlike an exchange, the broker platform will not provide you with the same large offer of cryptos to trade.  

Additionally, global brokers like CAPEX also provide a few options to indirectly invest in EOS and other cryptocurrencies: cryptocurrency Exchange-Traded-Funds (ETFs) and companies connected to cryptocurrencies (crypto stocks). 

Such multi-asset platforms hand investors many useful financial instruments that can generate a passive income (interest with forex trading or dividend with stock trading). 

Buying EOS cryptocurrency over an exchange 

If you want to participate in a crypto project development and own the digital asset, you can buy EOS (EOS) online through a cryptocurrency exchange, such as Binance, Kraken, Bittrex, or Coinbase, and store it in a digital wallet.  

Having an account on a cryptocurrency exchange allows you to send and receive EOS (EOS). Transferring EOS is like the way traditional bank transfers work, except for the bank account address, which is replaced with an EOS address. Because digital currency is transmitted directly between individuals without needing third-party entities, such as banks, transaction fees are cheaper than those charged by traditional institutions. 

If you want to hold your crypto for a longer time, it is advised to transfer them from the crypto exchange to a secure cryptocurrency wallet. Wallets are much safer, and each private crypto wallet has a private key. It is critical to keep your private key safe because you won't be able to access your crypto without it, and if it's easily available, your funds could be stolen. 

Buying EOS (EOS) through an exchange is for those who want to use it for day trading or purchasing crypto to transfer to a wallet. When you’re buying EOS (EOS) through a cryptocurrency exchange, you own the digital asset, and you can transfer it to a crypto wallet or do whatever you wish with it. If the price of EOS rises, then the value of your portfolio goes up as well. But if the price of EOS (EOS) falls, then the value of your portfolio falls, while the amount of EOS (EOS) remains the same. 

Here are the main drawbacks when buying EOS (EOS) through a cryptocurrency exchange: 

  • Cryptocurrency exchanges may not be regulated in your country and offer little to no protection for investors.  
  • The matching engines and servers on EOS (EOS) exchanges are often unreliable, leading to the inability to access your account and control your funds. 
  • Cryptocurrency exchanges have many restrictions and limitations for their services, including transaction fees, withdrawal fees, and imposing minimum amounts for funding and withdrawing funds.  

The good news is that investors can limit the risks presented by the crypto exchange by trading EOS (EOS) with contracts for difference (CFDs). EOS (EOS) CFDs allow you to speculate on the price of the cryptocurrency without having to own the digital asset.

Read on if you want to learn to trade EOS with in the most convenient way. 

Buying EOS (EOS) with an Online Broker 

Trading EOS (EOS) with an online broker like CAPEX means that instead of owning EOS outright, you’ll be speculating on its price with CFDs.  

The main difference between buying EOS (EOS) from an exchange and buying EOS (EOS) from an online broker is that you don’t own EOS (EOS) when you use a broker. Owning crypto requires investors to have a crypto wallet, either within the exchange or a private wallet. But when you purchase EOS (EOS) CFDs using an online broker, the CFDs are stored in your account and are far more liquid, which makes trading CFDs more popular. Unlike cryptocurrency exchanges, online CFDs brokers are regulated by financial authorities.   

The Alternative Way to Invest in EOS (EOS)  

Trading CFDs is a process of buying or selling CFDs and can generate a profit if the value of the asset moves in the direction of the investor’s prediction, or a loss if the market goes against him. 

You can buy EOS CFDs (go long) if you believe the value of the digital asset will increase.  

At the same time, you can “go short” if you believe that the price of the underlying asset, in this case, EOS (EOS), will decrease, by selling CFDs. 

Trading CFDs provides leverage, and you can open your position by depositing only a margin.  

For example, if a trader wants to buy 1000 EOS CFD at $4 would only require $200 of trading capital. 

It’s important to remember that leverage can increase both your profits and your losses, and they will be based on the full exposure of the trade, not just the margin requirement needed to open it. Potential losses, as well as profits, could exceed your margin. 

Concisely, if you choose to trade crypto CFDs, you can profit from the difference between the buying and the selling position.  

With CAPEX, you can trade CFDs on futures or spot prices. Trading CFDs on futures gives you exposure to the futures market, but without requiring you to take on any obligations or worry about any of the other nuances that are associated with futures trading. 

Buy EOS EOS CFDs - Go Long

Instead of taking ownership of EOS, you can place a ‘long position’ translates to buying EOS CFDs. Your position, or EOS CFDs, will increase in value according to the increase in the price of the digital asset EOS’s price increases. If the price of EOS falls, then your position will lose value and can lead to loss. 

Let’s assume that EOS is trading at a sell/buy price of 3.62/3.68 USD. You want to buy 1000 CFD (units) because you think the price of EOS will go up. EOS has a 1:2 leverage or a margin rate of 50%, which means that you must deposit only 50% of the position’s value as position margin. 

In this example, your CFD position margin will be $1840 (50% x (100 units x $36.80 buy price)). Losses greater than the margin can occur if the price of EOS moves against your position. 

Outcome A: a profitable trade 

If your prediction was correct, and the price of EOS surges over the next hours or days, then you have made a profitable trade. If the sell/buy price is 4.28/4.34 USD when you decide to close your position by selling at 4.28 (the new sell price), then your profit will be $1000. 

The price has moved $0.6 (4.28 - 3.68) in your favor. Multiply this by the size of your position (1000 units) to calculate your gross profit which is $600. 

If the position was closed during the day, there will not be any swap charges and the net profit is $600. 

If the position was closed after a few days, there will be swap charges according to the overnight rollover specification, in this case, -0.0563%. 

Let us assume the position was closed the next day, the overnight swap calculation formula will be: 

  • Overnight swap = 1000 (units) x $3.83 (price at rollover) x 0.0563% x 1 (days) = $2.15 

Therefore, your total profit on EOS CFD is your gross profit minus the rollover cost. 

  • $600 - $2.15 = $597.85 net profit 

Outcome B: a losing trade

If your prediction for the price of EOS was wrong, the EOS CFD trade will result in a loss. Let’s assume that the price of EOS drops over the next hour to a sell/buy price of $3.35/3.41. Because you want to limit the loss in the eventuality that the price continues to drop, you can sell at $3.35 (the new sell price) to close the position. 

The price has moved $0.33 (3.68-3.35) against you. Multiply this by the size of your position (1000 units) to calculate your loss, which is $330. 

Sell EOS EOS CFDs - Go Short

In this CFD example, EOS is trading at a sell/buy price of 3.62/3.68 USD. Assume you want to sell 2000 CFDs (units) because you think the price will go down. EOS has a 1:2 leverage or a margin rate of 50%, which means that you only must deposit 50% of the position’s value as position margin. 

In this example, your CFD position margin will be $3620 (50% x (2000 units x 3.62 sell price)). Remember that if the price moves against you, it is possible to lose more than your initial position margin of $3620. 

Outcome A: a profitable trade 

Your prediction was correct, and the price falls over the next 2 days to a sell/buy price of 2.69/2.75 USD. You decide to close your trade by buying back at $2.75 (the new buy price). 

The price has moved $0.87 (3.62-2.75) in your favor. Multiply this by the size of your position (2000 units) to calculate your profit, which is $1740 gross. 

Let us assume the position was closed after 2 days, the overnight swap calculation formula will be: 

  • Overnight swap2000 (units) x 3.25 (average price at rollover) x 0.0118% x 2 (days) = $1.53 

Therefore, your total profit on EOS CFD is your gross profit plus the rollover cost. 

  • $1740 + $1.53 = €1741.53 net profit 

Outcome B: a losing trade 

Unfortunately, your prediction was wrong, and the price of the EOS coin rises over the next hour to a sell/buy price of $3.82/3.88. You feel the price is likely to continue up, so to limit your potential loss you decide to buy at $3.88 (the new buy price) to close the position. 

The price has moved $0.26 (3.88-3.62) against you. Multiply this by the size of your position (2000 units) to calculate your loss, which is $520 

If you are not ready to trade CFDs at spot or futures prices yet, we have also got educational resources like CAPEX Academy with free courses on how to trade. Plus, we offer a demo account – giving you $50,000 in virtual funds to build your confidence in a risk-free environment. 

Investing in EOS without actually buying EOS  

While buying and day trading cryptocurrency is a major trend right now, it is important to remember that cryptocurrencies are a volatile and risky investment choice. If investing in crypto on an exchange or via a broker does not feel like the right choice for you, here are a few options to indirectly invest in EOS and other cryptocurrencies: 

Exchange-Traded Funds - Crypto ETFs 

Exchange-traded funds (ETFs) are popular investment tools that allow investors to buy exposure to hundreds of individual investments in bulk. That is why ETFs are a means of diversification for your portfolio and as less risky than investing in individual investments.  

crypto ETF allows investors to trade cryptocurrency on a traditional market and eliminates the need to trade the asset on a crypto exchange. Another advantage of trading crypto ETFs is that investors do not have to worry about the security aspects of trading crypto.  

US investors can enter the crypto market by using ProShares Bitcoin Strategy ETF (BITO). The Fund provides capital appreciation through managed exposure to bitcoin futures contracts. 

An EOS ETF could come in 2022. The approval of a Bitcoin ETF means a similar offering for EOS is imminent.  

>> Learn what is an ETF and how does it work 

Companies Connected to EOS and Cryptocurrency - EOS Stocks

Another option is to invest in cryptocurrency indirectly by investing and buying shares of companies that offer real-life products and services but still use or own cryptocurrencies as part of their business model (known as EOS stocks). With an all-in-one trading account with CAPEX, you can also trade shares CFD of public companies like:  

  • Anheuser-Busch InBev (BUD). This is the larger brewer in Belgium and it is using blockchain technology to give full transparency and traceability in its supply chain of barley from the farm to the consumer. Learn how to buy BUD shares
  • Daimler (DAI). This is the largest automobile company (Mercedes-Benz AG) and it is using a Mobility Blockchain Platform to sustainably optimize billing processes for mobility solutions. Learn how to buy Daimler shares
  • Square (SQ). Since October 2020, Square has purchased over $220 million worth of Bitcoin. As of February 2021, this payment services provider stated that 5% of its cash is stored in Bitcoin. Their app, Square Cash, allows clients to buy, sell and trade crypto. Learn how to buy Square shares
  • Microsoft (MSFT) is offering Ethereum Blockchain as a Service (EBaaS) on the Microsoft Azure cloud. It is intended to offer Enterprise clients and developers a single click cloud-based blockchain developer environment. Learn how to buy Microsoft shares
  • Tesla (TSLA). Tesla is an electric vehicle manufacturer, has always been a staunch supporter of digital currencies, and started accepting them as payments in February 2021, when the company purchased $1.5 billion worth of bitcoin. Learn how to buy Tesla shares
  • CME Group (CME). CME is a financial derivatives exchange that offers trades in cryptocurrencies as well. In Q3 2021, the company reported a 14% year-over-year increase in its average daily volume (ADV) at 17.8 million contracts. Learn how to buy CME shares

>> Learn more about stock investing 

How to Buy EOS Coin 

Are you wondering how to buy EOS with CFDs? CAPEX offers EOS trading via CFDs on EOS USD spot prices to speculate on the value of EOS against the most popular currency, as well as the brand-new PRO Shares Bitcoin Strategy ETF. Here are the steps: 

Step 1: Create an account and deposit funds 

When you trade on cryptocurrencies, instead of purchasing EOS and other popular digital currencies, you can be ready to open a position much faster. You do not need a digital wallet or an account with an exchange. In fact, all you need to trade via CFDs is an account with a leveraged trading provider. 

With CAPEX, you can open an account in minutes, and there is no obligation to add funds until you want to place a trade.  

Ripple account capex
How to create an account with CAPEX

 When you create a trading account with CAPEX, you will be able to: 

  • ‘Buy’ (go long) or ‘sell’ (go short) EOS and other popular cryptocurrencies to speculate on their price rising or falling
  • Take a position on our range of ETFs to get exposure to a basket of shares from an entire country, index, or sector that could be rising or falling in price.
  • Trade a host of global indices to go long or short on the performance of an entire economy with a single trade.
  • Use QuantX, the smart portfolio builder that helps you cover the popular industries and only invest in the top-performing stocks. 

Step 2: Choose your Crypto trading platform 

Our trading platforms can provide you with a smarter and faster way to trade EOS CFDs – with personalized alerts, interactive charts, trading signals, and built-in risk management tools. You can trade via the CAPEX trading platform using: 

CAPEX Web Trader 

Trade on one of the most complete, fully customizable trading platforms on the market. 
Available on desktop (Windows, Mac) and mobile (Android, iOS), it provides intuitive, web-based access to a vast range of tradable instruments, charting tools, analytical tools, and many more features. 

To view EOS's real-time price and chart on the trading platform can click on the "Search" icon located in the left panel or by clicking on "Cryptocurrency" and then select the instrument, in this case, EOS (EOS). 

EOS trading app
WebTrader CAPEX

MetaTrader 5 

MetaTrader 5, one of the best crypto trading apps, is providing superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robotsExpert Advisor), and copy trading. 

MetaTrader 5 is available on both desktop and mobile.  

Step 3: Pick up an EOS trading strategy 

Learning how to buy EOS is easy but adopting the right EOS trading strategy is essential to time the market. 

The main EOS trading strategies are: 


Buy and hold, also called position trading, is an investment strategy whereby an investor buys EOS to hold them long term, with the goal of realizing price appreciation, despite volatility.  

Trend trading

Traders take a position according to the main trend (months to years). You can “go long” if EOS is in a bullish trend or “go short” if the EOS trend is bearish. If the major trend starts to slow or reverse, you will think about closing your position and opening a new one to match the emerging EOS trend. 

Day trading

All trades are performed during the day. There are no open positions overnight, though no rollover charges. Traders are looking to profit from EOS’s short-term price movements (including scalping), and it can enable them to make the most of daily volatility in bitcoin’s price. 


When you hedge EOS, it means that you use CFDs to counteract the EOS price movement you already own. For example, if you owned some EOS but were concerned about a short-term drop in their value, you could open a short position on EOS with CFDs. If the EOS price falls, the gains on your short position would offset some or all the losses on the coins you own.  

Following the chart patterns and general trends can give you a hint to where EOS is going.  

Step 4: Set your EOS orders 

 A trade order is an agreement to buy or sell a specific asset like EOS at a specific price or price range. 

To buy EOS CFD with CAPEX, click on the "Buy" button and a window is displayed to configure the purchase order. You can choose among Market, Limit, and Stop orders. 

Additionally, you can pre-define Stop Loss and Take profit orders, which are crucial risk management tools – that help you minimize the potential loss and maximize the potential gains. 

EOS buy order capex
EOS buy orders

How to buy EOS with Market Orders 

The simplest type of trade order is a market order. Market orders are usually placed by traders if they want to be certain trade is executed. A market order is instant. Therefore, it is simply an order placed by a trader to buy or sell EOS immediately at whatever its current price is.  

I want to buy 200 EOS (EOS) right now or as quickly as possible. 

How to buy EOS with Limit Orders 

While a market order is simply an order placed by traders to buy or sell an asset immediately at whatever the current price, a limit order in its most basic sense, is an order to buy or sell an asset at a specific price. Buy limit orders are placed above key support levels with the purpose of limiting price risks anticipating the uptrend will resume after a correction (buy the dip).  

The price for EOS/USD is currently at USD 3.60 and you place a buy limit order at USD 3.20, then your order is meant to execute at the price of USD 3.20 as soon as there is a matching sell order at this price or better. 

How to buy EOS with Stop Orders 

A stop order is an order that becomes a market order only once a specified price is reached. It can be used to enter a new position or to exit an existing one. Limit orders are placed above key resistance levels anticipating a breakout after a consolidation. 

The price for EOS/USD is currently at USD 3.60 and you place a buy stop order at USD 3.70, then your order is meant to become market at the price of USD 3.70 as soon as the price is reached. 

Step 5: Monitor and close your EOS position 

To open an EOS trade, you’d buy if you thought that the price was going to rise or sell if you thought the price was going to fall. Once your trade is open, you’ll need to monitor the market to make sure that it’s moving in the way you anticipated. 

The technical indicators available on our trading platform can help you to determine what EOS’s price might do next. Indicators can also help you monitor current market conditions like volatility levels or market sentiment. 

Litecoin indicators
Add Technical Indicators


CAPEX WebTrader can deliver an in-depth analysis of the charts and offers over 90 indicators (including moving averageMACDRSI, and Bollinger Bands). The WebTrader platform also supports an interactive trading activity with high-end research tools helping you interpret market data.  

Take Profit & Stop Loss

Traders can close a position immediately to take a profit or to cut a loss. You can use market order or set Stop Loss and Take Profit levels when you set the order to buy EOS 

The platform offers the stop-loss option, which lets you clearly state how much you're willing to risk with your trade. Similarly, the take profit is the exact opposite. It tells your broker how much you expect to make as a profit and when you want to close your position. 

Any profits you make will be paid directly into your trading account. Losses are deducted from your account balance. 

When to buy EOS (EOSUSD)

Investors should be aware of the fundamental and technical analysis when deciding when to buy EOS. The fundamental analysis considers the news and events about the coins, exchanges, and other crypto businesses. The technical analysis uses the price value history to map the evolution of the supply and demand for EOS. 

EOS Price Prediction using Fundamentals 

When using the fundamental analysis approach, investors should be aware of the government regulation, latest cryptocurrency updates, and technical issues, as well as cryptocurrency exchanges that affect the supply and demand for cryptocurrencies.  

For instance, when Bitcoin CME was introduced into the government regulations, and it drove the price of Bitcoin to almost $20,000 in December 2017. 

An accurate EOS price forecast using fundamental analysis considers the three main aspects: 

  • Blockchain metrics (hash rate, active addresses, transactions fees, and values)  
  • Financial (market capitalization, liquidity, trading volume, circulating supply) 
  • Project overview (team’s background, whitepaper, competitors, roadmap, tokenomics) 

>> Learn how to forecast EOS price with fundamental analysis 

What is the future of EOS? 

EOS's success as a blockchain and its worth as a cryptocurrency will be dependent on its quality decentralized applications, and the team's ability to remain transparent and responsive to the needs of the community.

As the crypto industry is growing, crypto projects are constantly improving their technology and EOS is one of the most active crypto protocols. EOS has been able to establish strong partnerships with the crypto industry in 2021.

EOS is one digital asset that has been able to weather the current market conditions. EOS technology allows cryptocurrency startups to develop, host, execute and maintain decentralized applications (DApps), using its blockchain technology. EOS technology is also used in the DeFi area. EOS technology is used in more than 20 DeFi apps.

TradingBeasts' prediction for the EOS price suggests that this crypto will not be popular with investors or enthusiasts. The prediction is that EOS will trade below $3.50 by the year's end. EOS prices will not improve in 2022. TradingBeasts predicts that EOS price will remain at the current level and rally to $5 per year. TradingBeasts is still skeptical about the future EOS.

WalletInvestor says that EOS is a great long-term investment. The EOS project shows a 32.13% rise in just one year. Their price prediction predicts that EOS will trade lower up until the end before it starts a major bullish trend for 2022. However, don't get too excited about the next year. They also predict a sharp, but healthy, price correction to $5. WalletInvestor predicts that EOS's value will stabilize at $11 by 2026.

CoinSwitch predicts that EOS's price will rise over the next few years. The prediction that EOS would reach $15 by 2021 was more than a hit, as the price soared to $1,200. CoinSwitch predicts EOS's future price will be stable and could reach $100 by 2025.

The total EOS supply is 1,040 million EOS and 972 million EOS are in circulation. 

EOS is a great tool for engineers and developers to create decentralized applications. Because of its technology and underlying ideas, EOS is a highly sought-after coin by knowledgeable investors. The EOS project is well-equipped to succeed with its large investments and experienced team.

Because is difficult to analyze the intrinsic value of a cryptocurrency, it is recommended you perform a technical analysis before investing in EOS CFDs. It might offer some insight into the past movements of EOS, helping you predict where it will head in the future. 

EOS price prediction using technical analysis 

Some believe the high concentration of retail traders makes cryptos truer to traditional chart patterns and indications of oversold, overbought conditions, etc. 

Technical analysis techniques can be applied to any market where the price can freely fluctuate, and data is available to see those fluctuations. The CAPEX Web Trader has a full suite of all the best-known technical indicators and chart drawing tools. 

>> Learn how to forecast EOS price with technical analysis 

EOS Forecast 2022  

EOS future price forecast
EOS Price Chart Analysis

EOS is currently breaking free from a long-term resistance that kept it below $4. The $6 resistance level is another. The coin hasn't closed above $6 since early 2018. The next resistance level could be at $14, but it is possible for the coin to retrace.

However, the EOS/USD's technical analysis isn't encouraging much buying confidence. EOS's price has been declining sharply since May's yearly high. It rallied to over 80% and found support at $3.20, but resistance at $6 proved too strong for bulls looking for higher prices. Since then, it has been steadily declining and now forms a bearish market structure with a downward channel.

As of December 2021, EOS is trading at $4.05. Bulls hope that the price holds at the next support and recovers enough to break out of the channel. To help EOS gain some bullishness, it will take a miracle, either in the form of a major news story or a shift in market sentiment.

Price drops below the support level could potentially result in prices falling below $2. The next support level is at $1.99.

EOS reached a record value of $22.89 (April 29, 2018) and the highest price per EOS in 2021 was $14.37 (May 11, 2021). EOS hasn't been able to increase its bullish achievement above $3 since September's fall. A symmetrical triangle seen on the daily EOS real-time price chart may indicate that EOS's value could be as low as $1.75. To forecast EOS future prices based on such powerful chart patterns, extract the height of the triangle from the breakout price. 

What Moves EOS Price

The most important aspects that can influence the EOS price are:

  • Total supply 
  • Utility 
  • News
  • Rules and regulations

EOS’s price corresponds to the current supply and demand in the crypto space. Considering EOS has a fixed maximum supply of around 1 billion EOS, it is a digital asset that will experience scarcity as more investors join the EOS trading market.

An important aspect of what moves the price of EOS is the news.  

For instance, there were security issues in EOS' blockchain, which was reported in May 2018. EOS's price was negatively affected by this news. The cryptocurrency began a severe correction in May 2018 after reaching its all-time high in April. A report at the end of May 2018 stated that hackers had discovered many security issues with the EOS platform.

In conclusion, should you Buy EOS or not? 

As with any investment, make sure you carefully assess your financial situation before investing in cryptocurrency, EOS, and the stock market. EOS can be extremely volatile—a single tweet can make its price plummet—as cryptocurrencies are still a highly speculative investment. Follow the already famous crypto investment phrase — "invest only what you can afford to lose". 

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The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books. 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.