The EOS coin has been in a major pullback since 6th November after a failed attempt of rising towards its all-time high. The coin has not registered any major price movements in a span of more than one month and investors believe it is prepping for a major breakout.
One of the pointers that investors are looking at is the recent cancelation of payments worth $250 million in EOS that was supposed to be made to Block.one and Brock Pierce. The monies will alternatively be used to better the EOS ecosystem and therefore make services more efficient.
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To help investors and traders who want to buy EOS COIN, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy EOS coin
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
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Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
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What is EOS?
EOS is the native token of the EOS platform.
If it is your first time hearing about the EOS platform, it is a blockchain platform that was launched in 2018 and it is geared towards providing decentralized app (DApp) developers with a platform to develop and deploy their DApps.
EOS platform simplifies the process of developing and deploying DApps to make it easy for developers to embrace blockchain technology.
Should I buy the EOS token today?
If you want to invest in a cryptocurrency that has dipped in the past few weeks but has great prospects of jumping quite considerably in the future, then the EOS is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
EOS price prediction
The majority of analysts believe the current EOS market pullback is coming to an end and the cryptocurrency could see a rapid rise in the coming days towards the end of the year.
All eyes are fixed on the immediate high of $6.218 after which the token could take a stub at $14.37 before going for the all-time high of $22.89.
$EOS social media coverage
eToro
10/10
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