🔸️What is EOS currency?
- EOS is a decentralized platform used to build and develop decentralized applications (DApps).
- Launched in 2018 by Block.one, it is considered one of the major cryptocurrencies by market capitalization.
- It is characterized by fast transactions and high scalability compared to some other networks.
🔸️How to trade EOS?
1. Open a trading account:
- Choose a reliable platform for trading cryptocurrencies like Binance, Coinbase, Kraken, or others.
- Register and verify your identity according to the platform's requirements.
2. Deposit funds:
- Pay cash currencies (dollars, euros, etc.) via bank transfer or credit card.
- Or deposit other cryptocurrencies if you have them.
3. Buying EOS:
- Simply, enter the purchase price you want or use the market price.
- Execute the order to buy.
4. Storing EOS:
- EOS can be stored in digital wallets, either exchange wallets or secure external wallets like Ledger or Trezor.
5. Trading or investing:
- You can sell by monitoring the market and determining optimal selling prices.
- Or you can hold with the aim of benefiting from price increases in the long term.
🔸️Important tips when trading EOS:
- Research thoroughly:
Follow market news and analyze data.
- Define a clear strategy:
Whether it’s day trading or long-term investment.
- Risk management:
Do not invest more than you can afford, and use stop-loss orders.
- Stay informed:
Network updates, project news, and market information affect prices.
