EOS, a leading cryptocurrency, has experienced significant growth since its launch. With its focus on scalability and decentralized applications, EOS has become a favorite among investors. In this guide, we’ll walk you through easy, fast, and secure methods to buy and store EOS. For a seamless experience, we recommend Coinbase as the top platform to purchase EOS. Why choose Coinbase?
- Coinbase is trusted by BlackRock and has a Deposit protection.
- Coinbase has super low fees and is almost an industry leader in this category.
- Coinbase has the best customer support in the industry according to our tests.
The following table explains why Coinbase is the best choice for buying EOS.
Exchange | ||||||
Rating | ||||||
Fees | 0,15% | 0,10% | 0,99% | 1,5% | 1% | 1% |
Cost per $1,000 | $1,50 | $1 | $9,90 | $14,90 | $10,00 | $10,00 |
Cost per $100,000 | $150 | $100 | $990 | $1,500 | $1,000 | $1,000 |
Transfer to external wallet | ||||||
Security | ||||||
Details | Trusted by BlackRock | Super low fees | Big portfolio | Secure but expansive | Fast verification | Variety of Memecoins |
Link |
Buy EOS on Coinbase
Coinbase is a trusted, regulated cryptocurrency custodian with licenses worldwide. This ensures that Coinbase adheres to strict security protocols and is monitored by financial authorities. In fact, even BlackRock, the largest asset manager globally, relies on Coinbase for the custody of Bitcoin in its Bitcoin ETFs, highlighting the platform’s exceptional security standards.
While you can choose to use external wallets, Coinbase offers a secure environment for storing your EOS. Unlike some platforms that delay withdrawals, Coinbase processes them instantly, giving you fast access to your assets.
One of Coinbase’s standout features is its cost-effectiveness. With fees as low as 0.15%, Coinbase provides some of the most competitive rates in the industry, especially when compared to providers like Bison, which charges up to 1.5% for transactions.
Security is a top priority on Coinbase, with features such as two-factor authentication to safeguard your account. Additionally, Coinbase’s customer support is top-notch, with responses typically within 24 hours. (We’ve personally experienced their helpful and efficient support team.)
Designed with both beginners and experienced traders in mind, Coinbase offers a user-friendly interface, along with dedicated apps for Android and iOS devices. This allows you to easily manage your EOS holdings and execute trades from anywhere.
Here’s a quick guide to buying EOS on Coinbase – a platform that’s simple, secure, and trusted by millions worldwide.
Step 1: Sign Up for Coinbase
To get started, visit Coinbase.com and click “Get Started.” You’ll be asked to enter your name, email, and a password. After filling in your details, click “Create Account” to begin.
Step 2: Verify Your Identity
To comply with regulatory standards, Coinbase requires you to verify your identity. You’ll need to upload a government-issued ID and provide personal details, such as your address and date of birth. The verification process is quick and usually takes just a few minutes to complete.
Step 3: Add a Payment Method
To buy EOS on Coinbase, you’ll first need to link a payment method. Coinbase offers several convenient options, including:
- Bank Account: Link your bank account for lower fees and higher transaction limits.
- Credit or Debit Card: Ideal for faster purchases, though fees may be slightly higher than bank transfers.
- PayPal: In some countries, Coinbase also supports PayPal for deposits and withdrawals.
Step 4: Buy EOS
Now that your account is set up and your payment method is linked, you’re ready to purchase EOS!
- On the Coinbase dashboard, navigate to the “Buy/Sell” section.
- Select EOS from the list of available cryptocurrencies.
- Enter the amount of EOS you want to buy, either in your local currency (e.g., USD, EUR) or EOS.
- Choose your preferred payment method (e.g., bank account, credit card).
- Review the transaction details, including any fees, and click “Buy Now” to complete your purchase.
Step 5: Store Your EOS Securely
After purchasing EOS, it will be stored in your Coinbase wallet. For enhanced security, it’s recommended to transfer your EOS to a personal wallet, such as a hardware wallet from Ledger or Trezor. Keeping your EOS in a personal wallet provides an added layer of protection compared to leaving it on Coinbase, which is an online exchange.
Benefits of Buying EOS on Coinbase:
- User-Friendly Interface: Coinbase is renowned for its simple, intuitive design, making it easy for both beginners and experienced traders to use.
- High Security: Coinbase employs top-notch security protocols, including two-factor authentication (2FA) and insurance for funds stored in the Coinbase Vault, ensuring your EOS is safe.
- Wide Payment Options: Coinbase supports a variety of payment methods, such as bank transfers, credit/debit cards, and PayPal, making it convenient to buy EOS in a way that suits you.
Buy EOS on Binance
Binance is one of the largest and most trusted cryptocurrency exchanges in the world, offering a high level of security and a user-friendly platform. Until May 2019, it wasn’t possible to buy Bitcoin directly with Euro (EUR) or US Dollars (USD) on Binance. However, that has now changed, and you can easily purchase Bitcoin using a credit card or trade Bitcoin with various cryptocurrencies. In this guide, we’ll walk you through both options to help you get started!
Step 1: Register on Binance
To begin, you will need to create an account on Binance. While Binance does offer the option to verify your identity, this is not mandatory. However, completing the verification process allows you to increase your daily withdrawal limit to 100 BTC. Without verification, your daily withdrawal limit will be capped at 2 BTC. Regardless of verification, you will still have full access to all other features on the platform.
Step 2: Buy EOS with a Credit Card
To buy EOS using a credit card on Binance, follow these steps:
- Navigate to the Credit Card Section: In the top menu, click on “Buy Crypto” and then select “Buy with Credit Card.”
- Select Your Payment Currency: Choose EOS (EOS) as your cryptocurrency and select your payment currency (Euro or USD).
- Enter Your Personal Information: Fill in your details in the provided fields.
- Verify Email and Phone Number: You’ll need to verify your email and phone number with a verification code.
- Proceed to Payment: After verification, click “Next” to enter your credit card information.
- Upload ID for Verification: To complete the process, upload a photo of your passport (front and back) to verify your identity.
Important Notes Before and After Your Purchase
- EOS Price Fluctuation: The EOS amount displayed is based on the current price and may change. If the rate fluctuates by more than ±2.5%, you will be asked to reconfirm the transaction via email from Simplex, Binance’s third-party provider.
- Transaction Fees: Simplex charges a fee of 3.5% per transaction or USD 10, whichever is higher.
- Transaction Limits: The daily limit for purchases is USD 20,000 per user, and the monthly limit is USD 50,000. The minimum transaction amount is USD 50.
- Track Payment Status: After completing your purchase, you can check your payment status and deposit history through Simplex.
Step 3: How to Trade EOS on Binance
If you already hold other cryptocurrencies, such as Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), or Tether (USDT), you can deposit them into your Binance account and trade them for EOS. Here’s how to exchange Ethereum (ETH) for EOS:
- Deposit Ethereum (ETH): If you have Ethereum (ETH) in another wallet or exchange, you can send it directly to your Binance Ethereum wallet address. If you don’t have Ethereum yet, you can purchase it on a platform like Litebit. When purchasing, provide your Binance Ethereum wallet address so that Litebit can transfer the ETH directly to Binance once the transaction is complete.
- Access the Deposit Section: Once logged in to Binance, click on “Funds” in the navigation bar and select “Deposit.”
- Find Your Ethereum Wallet Address: In the search box, type “ETH” and select “Ethereum” from the list. Your unique Ethereum wallet address will be displayed, which you can use to transfer your Ethereum from another wallet or exchange to Binance.
- Exchange Ethereum for EOS: Once your Ethereum has arrived in your Binance account, you can trade it for EOS by going to the “Markets” tab, selecting “ETH/EOS,” and placing your trade order.
Additional Trading Tips
- Leverage Trading: Binance offers margin trading with leverage for advanced users. This feature allows you to amplify your trades and increase potential profits, though it comes with higher risk. Ensure you fully understand how leverage works before using this feature.
- Security: To protect your account, always activate two-factor authentication (2FA). Binance also offers advanced security measures like cold storage for crypto funds and insurance coverage for major losses.
Buy EOS on Kraken
Kraken is a regulated cryptocurrency custodian with licenses in multiple jurisdictions worldwide. This means Kraken complies with stringent security standards and is monitored by financial authorities, ensuring your assets are safe. Kraken is trusted by institutional investors, including major financial entities, for the custody of cryptocurrencies, which demonstrates the high level of security the platform offers.
While Kraken allows the use of external wallets, it also provides a secure environment for storing your Bitcoin. Unlike some platforms, Kraken processes withdrawals quickly, ensuring you have prompt access to your funds.
When it comes to cost-effectiveness, Kraken’s fees are highly competitive. The platform operates on a tiered fee structure, with fees as low as 0.16% for makers and 0.26% for takers, which is significantly lower than many of its competitors.
User security is a top priority at Kraken, with features like two-factor authentication (2FA) and advanced encryption protecting your account. Additionally, Kraken’s customer support typically responds quickly, offering helpful assistance whenever needed.
Kraken’s platform is designed to cater to both beginners and advanced traders. Its user-friendly interface is complemented by mobile apps for Android and iOS, allowing you to manage your Bitcoin portfolio and trade conveniently from anywhere.
Kraken is one of the most trusted and secure platforms for buying Bitcoin (BTC). Here’s how you can buy Bitcoin securely and efficiently on Kraken.
Step 1: Sign Up for Kraken
To start buying Bitcoin, create an account on Kraken’s platform. Go to Kraken.com and click “Create Account.” You’ll need to enter your name, email address, and create a secure password. Once you’ve filled out the details, click “Create Account.”
Step 2: Verify Your Identity
Kraken requires identity verification to comply with financial regulations. Upload a government-issued ID and provide your personal information, such as your address and date of birth. This process helps ensure your security and should only take a few minutes to complete.
Step 3: Add a Payment Method
To purchase Bitcoin, you’ll need to link a payment method. Kraken offers several options:
- Bank Account: This option offers lower fees and higher transaction limits.
- Credit or Debit Card: A faster way to buy Bitcoin, but fees are generally higher than those for bank transfers.
- Wire Transfers: For larger purchases, Kraken supports wire transfers in several countries.
Step 4: Buy EOS
Once your account is set up and a payment method is linked, you’re ready to buy Bitcoin!
- On the Kraken dashboard, go to the “Buy Crypto” section.
- Select Bitcoin (BTC) from the list of available cryptocurrencies.
- Enter the amount of Bitcoin you wish to purchase, either in your local currency (e.g., USD, EUR) or BTC.
- Choose your payment method (e.g., bank account, credit card, or wire transfer).
- Review the transaction details, including any fees, and click “Buy Now” to complete your purchase.
Step 5: Store Your EOS Securely
After purchasing EOS, it will be stored in your Kraken wallet. For additional security, it’s recommended to transfer your EOS to a personal wallet, such as a hardware wallet (e.g., Ledger or Trezor), instead of keeping it on Kraken, an online exchange.
Benefits of Buying EOS on Kraken:
- User-Friendly Interface: Kraken is known for its clean and easy-to-navigate design, making it beginner-friendly.
- High Security: Kraken employs top-tier security features like two-factor authentication (2FA) and offers insurance for funds held in its vault, ensuring your assets are safe.
- Competitive Fees: Kraken offers low, competitive fees, making it a great choice for both small and large transactions.
- Multiple Payment Options: Kraken supports various payment methods, including bank transfers, credit cards, and wire transfers, allowing users flexibility in their purchases.
Buy EOS on Kriptomat
About Kriptomat
Unlike established platforms like eToro, Kriptomat is a relatively young crypto exchange, but it’s no less reliable. On Kriptomat, you can buy over 30 cryptocurrencies directly with Euro, USD, and other currencies, and you can send them directly to an external wallet. It’s important to note that Kriptomat currently operates within Europe, meaning investors from countries like the USA cannot use the platform.
Kriptomat focuses on providing an easy-to-use and modern interface, making it a great option for beginners. The platform is licensed by the Estonian government, ensuring trustworthiness and legal compliance.
Another major advantage of Kriptomat is its transparent and low fee structure. Unlike other exchanges and brokers, Kriptomat doesn’t charge a premium price—your purchase price aligns with the spot price of the cryptocurrency. Kriptomat only charges a nominal fee per transaction, and the fees are clearly displayed during the purchase process.
Set up a Bitcoin Account on Kriptomat
Before buying Bitcoin on Kriptomat, you’ll need to complete a full identity verification, as Kriptomat strictly adheres to EU regulations. To get started, visit the official website kriptomat.io and click on the orange “Register” button. This will open a registration window where you need to provide your first and last name, email address, and a secure password.
After registering, Kriptomat will send you a confirmation link via email. Click on the link to verify your account. Once you’ve verified your email, you can log into your Kriptomat account.
Next, you must verify your phone number. Kriptomat will send you an SMS with a verification code, which you’ll need to enter on the website.
Finally, due to strict EU guidelines, you will need to complete full identity verification. To start this process, simply click on the prompt provided during registration (see screenshot).
A new pop-up will then open, where you’ll need to enter your address details (street, house number, city, country). You will also be required to upload a photo or scan of your passport or ID card. Kriptomat offers a smooth and fast solution for this process. You can easily continue the registration on your smartphone by clicking on the link Kriptomat sends you via SMS.
You can then take a photo of your ID (front and back) with your smartphone and upload it instantly. The same process applies to the final step. Kriptomat will ask for a selfie to verify your identity. Simply allow Kriptomat to access your smartphone’s camera and take a selfie directly.
If you plan to purchase cryptocurrencies via SEPA bank transfer, you’ll need to link a bank account to your Kriptomat profile in the final step. Once linked, you can deposit funds via SEPA and use that “credit” to buy Bitcoin and other cryptocurrencies. If you’re using Neteller, Skrill, or a credit card, linking a bank account isn’t necessary. After completing the registration process as outlined, you’ll have access to your purchase limits. There are no multiple verification levels, as Kriptomat requires full verification from the start.
Buy Bitcoin on Kriptomat
Buying Bitcoin on Kriptomat is simple and intuitive. First, go to the “Buy/Sell” tab (step 1) and then select the “Buy” tab (step 2). In the section that appears below, select Bitcoin to start your purchase.
You can then choose from four different payment methods (step 3). If you’re making a deposit via “EUR,” which is a SEPA bank transfer, you will need to add your bank account to your Kriptomat profile. However, the other three options (credit card, Neteller, Skrill) allow you to complete the purchase immediately without entering any further details.
In the fourth step (see screenshot), you’ll need to enter the amount of Bitcoin (BTC) you want to purchase. Once you’ve entered the amount, click “Buy Bitcoin.” The platform will display the transaction fees for the order. To finalize the purchase, simply click “Confirm Transaction.”
Kriptomat will then confirm your purchase and redirect you to the “My Wallet” section. Within a few seconds, your purchased Bitcoin will be displayed here. For a clearer understanding of the process, you can also watch the tutorial video provided below:
Buy EOS at Anycoin
Key Features of Anycoin:
- User-Friendly Interface: Anycoin offers a simple, clean, and intuitive platform that is easy for beginners to navigate while providing more experienced traders with advanced tools and features.
- Wide Selection of Cryptocurrencies: Anycoin supports a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more, allowing you to diversify your portfolio with ease.
- High Security Standards: Security is a top priority at Anycoin, with features like two-factor authentication (2FA) and SSL encryption to protect user accounts and transactions, ensuring the safety of your digital assets.
- Low Fees: Anycoin strives to provide competitive fees for trading and transactions, making it an appealing option for those seeking to minimize costs while trading crypto.
- Multiple Payment Methods: Anycoin supports several payment methods, including bank transfers, credit cards, and in some cases, PayPal, depending on your location, offering flexibility in how you fund your purchases.
- Fast Transactions: Anycoin processes transactions swiftly, ensuring that you can purchase cryptocurrencies without unnecessary delays, which is particularly useful when market conditions change quickly.
- Support for Wallets: While Anycoin provides its own wallet for storing cryptocurrencies, it’s recommended to use a personal wallet (e.g., hardware wallet) for enhanced security and control over your funds.
- Dedicated Customer Support: Anycoin offers helpful customer support to assist with any issues or inquiries, ensuring a smooth experience for users of all levels.
- Mobile Apps: With apps available for both Android and iOS, Anycoin allows users to manage their portfolios and trade cryptocurrencies on the go, providing greater convenience and flexibility.
How to Buy EOS on Anycoin:
- Create an Account: Start by visiting the Anycoin website and clicking on “Sign Up.” Enter your name, email address, and create a secure password. Afterward, you’ll receive a verification email to confirm your account.
- Verify Your Identity: Anycoin will ask you to complete a verification process to comply with regulatory requirements. This typically involves submitting a government-issued ID and providing some personal information.
- Link a Payment Method: To purchase Bitcoin, you’ll need to link a payment method to your account. Anycoin supports various options like bank transfers, credit cards, and PayPal (depending on your location).
4. Make Your Purchase: Once your account is verified and your payment method is linked, go to the “Buy” section, select Bitcoin, and enter the amount you wish to purchase. Review the transaction details and fees, then complete your purchase.
5. Store Your Bitcoin Securely: After purchasing Bitcoin, it will be stored in your Anycoin wallet. However, for added security, it’s recommended to transfer your crypto to a personal wallet (such as a hardware wallet) for safer storage.
Benefits of Using Anycoin:
- Simple and Easy to Use: Anycoin offers a user-friendly interface that makes cryptocurrency trading accessible for everyone, even beginners.
- Secure Platform: The platform employs advanced security features such as two-factor authentication (2FA) and SSL encryption, ensuring your funds are protected.
- Variety of Cryptocurrencies: Anycoin allows you to easily buy Bitcoin and other major cryptocurrencies, giving you flexibility in your portfolio.
- Competitive Fees: Anycoin offers low transaction fees, making it a cost-effective choice for cryptocurrency trading.
- Quick Transactions: Transactions on Anycoin are processed quickly, providing you with fast access to your purchased assets.
Buy Bitcoin at ByBit
Key Features of Bybit:
- Advanced Trading Tools: Bybit offers a wide range of professional trading tools including spot trading, margin trading, and derivatives trading (futures contracts). Additionally, the platform provides advanced charting features and technical analysis tools to assist users in making informed decisions.
- High Liquidity: Known for its high liquidity, Bybit enables traders to execute large trades without significant slippage, making it ideal for both day traders and those holding long-term positions.
- Leverage Trading: Bybit’s leverage trading options allow users to amplify their positions, potentially increasing profits. However, leverage trading carries higher risk, so it’s essential to proceed cautiously.
- User-Friendly Interface: Despite its advanced tools, Bybit features an intuitive and user-friendly interface, making it accessible to both novice and experienced traders. Its clean design facilitates easy navigation through the various tools.
- Security Features: Bybit emphasizes security with two-factor authentication (2FA), cold storage for crypto assets, and an insurance fund to protect against potential losses during extreme market events, ensuring the safety of user funds.
- Mobile App: With mobile apps available for both Android and iOS, Bybit allows users to manage and trade their crypto assets on the go, offering a similar experience to the desktop platform and enabling flexibility in staying connected to the market.
- Fast Transactions: Bybit is renowned for its fast transaction speeds, ensuring trades are executed swiftly, which is crucial in the volatile crypto market where timing is everything.
- Referral Program: Bybit’s referral program allows users to earn rewards by inviting others to join the platform. It’s a great way for traders to earn additional income while contributing to community growth.
- Customer Support: Bybit offers 24/7 customer support through live chat, email, and other communication channels, ensuring assistance is readily available whenever users encounter issues or have questions.
How to Buy Bitcoin on Bybit:
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- Create an Account: Begin by visiting the Bybit website and clicking “Sign Up.” You’ll need to provide your email address and create a secure password. After registering, you’ll receive a verification email to activate your account.
- Verify Your Identity: To comply with regulatory standards, Bybit may require you to complete a KYC (Know Your Customer) verification process. This typically involves uploading a government-issued ID and providing some personal information to verify your identity.
- Deposit Funds: Once your account is set up, you can fund it by depositing cryptocurrency. Bybit supports deposits in various digital assets, including Bitcoin, Ethereum, and USDT (Tether). Simply deposit your chosen assets directly into your Bybit wallet.
4. Buy Bitcoin: To buy Bitcoin on Bybit:
- Navigate to the “Spot” trading section on the platform.
- Select Bitcoin (BTC) as the cryptocurrency you wish to purchase.
- Choose your trading pair (e.g., BTC/USDT).
- Enter the amount of Bitcoin you wish to buy or the amount you want to spend.
- Review the transaction details, including the current price and any fees.
- Click “Buy” to complete your purchase.
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5. Store Your Bitcoin
After purchasing Bitcoin, you can store it in your Bybit wallet. However, for added security, it’s recommended to transfer your Bitcoin to a private wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on the exchange.
Benefits of Using Bybit:
- Advanced Trading Options: Bybit is perfect for traders seeking advanced features like margin trading and leverage, as well as access to a wide variety of crypto assets.
- Fast Execution and High Liquidity: Bybit offers fast order execution and deep liquidity, essential for active traders in volatile markets.
- Security: Bybit places a strong emphasis on user security with features like two-factor authentication (2FA), cold storage, and an insurance fund to protect assets.
- Mobile Trading: Bybit’s mobile apps allow users to trade and manage their portfolios from anywhere, providing flexibility for traders on the go.
- Competitive Fees: Bybit offers competitive trading fees, making it an attractive choice for traders looking to minimize costs.
- 24/7 Support: Bybit provides round-the-clock customer support to help resolve any issues or concerns swiftly.
Best Bitcoin Wallet: Electrum
If you’re looking for a secure desktop wallet, we’ve had excellent experiences with the Electrum Bitcoin Wallet. Here’s a quick guide on how to download and use it.
1. First, go to the official Electrum website and download the wallet.
2. On the website, scroll down and click on the button labeled “Download Electrum.”
Now, you will be directed to a page where you need to select the appropriate wallet version for your operating system.
- If you are using Windows, click on the “Windows Installer”option (indicated by the red arrow in the image).
- If you want the app for Android, select the installer for Android accordingly.
Make sure to choose the correct version based on the device you’re using to ensure a smooth installation process.
Once the file is downloaded, click on the setup file to begin the installation process. Select a directory where you would like the wallet to be installed, and then click “Install.” The installation should only take about 2 minutes. Once it’s finished, click “Close.”
Congratulations – your wallet is now installed! To start the Bitcoin Electrum Wallet, double-click the Electrum icon on your desktop.
When you open the wallet, the software will prompt you to choose how to connect to a server. As a beginner, we recommend selecting the option “Auto connect” at this point for the easiest setup. This will allow the wallet to automatically connect to the nearest server for optimal performance.
The Electrum software will then detect that you haven’t created a wallet yet. At this point, simply click “Continue” to proceed. You can give your wallet a unique name if you prefer, but this step is optional.
Next, you’ll have the option to choose from different types of wallets. If you find the process of setting up the wallet a bit overwhelming, we recommend selecting the “Standard wallet” option. The standard wallet is easy to use, completely free of charge, and works very well for beginners.
Once you select the standard wallet, the setup process will continue, and you’ll be able to start using your Bitcoin wallet with ease.
If you want additional security, you can choose to create a “Wallet with two-factor authentication”. For this, you’ll need a smartphone and the Google Authenticator app, which you can download from the App Store or Google Play Store. While this option does have a cost, we highly recommend it as it greatly enhances the security of your wallet.
Once you’ve clicked “Next”, a seed will be generated. The seed depends on the address form, and we recommend choosing the “Segwit” setting, as this is the most commonly used address format today compared to the older one. The seed will appear as a set of 12 words—this is your key to your wallet, in case you lose your password or your computer breaks down. It’s extremely important to write down this seed and store it somewhere safe, ideally on a piece of paper that is kept secure.
In the next step, you’ll be asked to enter the seed again to verify it. After that, Electrum will prompt you to create a password. The longer, the better! Be sure to use a strong password with numbers and special characters. This password will be required every time you open the wallet, so make sure to keep it safe.
Once that’s complete, you’ll be ready to use the Electrum Wallet’s interface. The “Receiving Address” you need to provide at Litebit can be found in the upper-right corner, under the “Receive” tab. Copy this address and enter it in the “Receiving Address” field at Litebit or any other Bitcoin exchange. After selecting your payment method at Litebit, click “buy,” and the transaction should be credited to your wallet within 24 hours.
If you have any questions or need further assistance, feel free to leave a comment, and we’ll be happy to help!