💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

EOS Now Easier to Buy in Europe, Through Bitpanda

Published 07/27/2018, 08:04 AM
Updated 07/27/2018, 08:21 AM
 EOS Now Easier to Buy in Europe, Through Bitpanda
ETH/USD
-
EOS/USD
-

Bitpanda has been expanding its selection of coins and tokens offered for cash, and EOS is the latest addition.

https://twitter.com/bitpanda/status/1022784800518754304

EOS has been available for relatively dedicated crypto enthusiasts, especially given the rather arduous token swap process. But now, the asset lines up in the portfolio and is available for purchase through the redeemable vouchers of Bitpanda.

Additionally, the Austrian exchange service has launched the trading of its Pantos (PAN) digital asset, distributed earlier in an ICO. The PAN token is still expecting the option for withdrawals and additional exchange listings, but for now, it trades internally on Bitpanda.

https://twitter.com/PantosIO/status/1022496978096324613

The EOS market price has been holding up well, supported by a significant inflow of Tether (USDT), standing around $8.22. For now, EOS remains stagnant and incapable of staging the next bull run, and some believe there are concerted efforts to keep the price down.

!EOS!

EOS spent the last month bound in a range, with a peak at around $9.02, and lows at $6.20. After the launch of the mainnet and the end of the daily auctions, the asset lost half its value, and has drifted sideways.

EOS RAM prices have calmed down, returning to 0.13 EOS per kilobyte, based on prices on the BitBNS exchange. RAM prices went as high as 0.86 EOS per kilobyte, making it expensive to perform airdrops and even create new accounts and wallets. Even now, creating a new EOS wallet requires some expenditure.

https://twitter.com/EOSauthority/status/1022375203635175424

The drop in EOS RAM prices came after a vote performed among the 21 Block Producers, of which 15 approved to add more RAM to the distributed system.

Additionally, the EOS blockchain has not repeated its one-time record of completing 3,097 transactions in one second. In its usual state, block producers verify and secure batches of a few hundred transactions per second. But this does not happen all the time, and in fact the 24-hour capacity of EOS is still lower than Ethereum, based on the Blocktivity monitor. In fact, in the past day, EOS has fallen to position based on its transactions, with Bitcoin’s network ahead of the game at more than 200,000 transactions in 24 hours.

Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses made as a result of this information. Cryptocurrency trading and investing are risky propositions, and market participants are advised to always conduct thorough research.


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.