By placing a market order on the eToro website, the broker will complete your EOS purchase instantly. As such, you can now view your newly purchased EOS tokens in your eToro portfolio – which are available to sell at any given time. In a similar nature to other major cryptocurrencies like Bitcoin and Ethereum, you have heaps of choice when it comes to finding a suitable EOS broker. Important metrics to focus on when choosing a platform to invest in EOS include regulation, security, fees, payment methods, and customer support. Cryptocurrencies are speculative and investing in them involves significant risks – they’re highly volatile, vulnerable to hacking and sensitive to secondary activity.
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- Once the funds land in your account, you can then buy EOS in the UK at a commission rate of 1%.
- In this guide, we show you How to Buy EOS in the UK and which cryptocurrency brokers you might want to consider to complete the investment process.
You should now see an EOS buy order box on your screen – much like in the image below. We have entered $25 into the ‘Amount’ box – which refers to the size of your EOS investment. Now that you have got the account opening, ID verification, and deposit process out of the way – you can now proceed to buy EOS in the UK. All you need to do is upload a copy of your passport or driver’s license, alongside a utility bill or bank account statement that has been issued within the prior three months.
#1 Broker to Buy EOS – eToro
If you’re looking to invest over the long-term, then iTrustCapital is a great option. ITrustCapital is an investment retirement account, giving you huge tax https://www.tokenexus.com/omg/ benefits when compared to a traditional brokerage account. While the platform doesn’t offer EOS, you can invest in major cryptos like Bitcoin and Ethereum.
This means that you can invest in the digital token quickly – debit card payments are processed instantly. In this section of our detailed guide, we are going to discuss the best place to buy EOS as per your personal financial goals. This is because there is often a misconception with newbies that cryptocurrency brokers and exchanges are two of the same thing. Although both essentially allow you to buy EOS in the UK – there are some clear differences between the two – which we cover in more detail below.
eToro – Overall Best FCA-Regulated Platform to Buy EOS
Then, all you need to do is head over to the EOS/GBP trading page and complete the investment. If this is too costly for your liking, you might consider making a manual deposit via your UK bank account. Then, you can buy EOS in the UK directly from Coinbase, albeit, you’ll need to pay a trading commission of 1.49%. You can buy and sell plenty of other digital currencies at Coinbase – either online or through the provider’s trusted mobile app.
In this guide, we show you How to Buy EOS in the UK and which cryptocurrency brokers you might want to consider to complete the investment process. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading EOS. The easiest way to buy EOS is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature. According to CMC Markets, one of the main risks of buying cryptocurrency (including EOS) is volatility.
Learn how to buy EOS (EOS) on 7+ crypto exchanges in our step-by-step guide.
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- Yet there are some features of EOS that make it stand out, providing additional reasons to consider buying it.
- You can use our table to compare the features of popular cryptocurrency exchanges available in
the UK to help you choose the one that’s right for you.
- Are you looking for a quick and easy guide showing you how to buy EOS UK?
- This covers lots of small-cap and recently launched crypto-tokens – which is perfect if you have a higher tolerance for risk and reward.
To provide an example of this, if you invested £1000 in EOS, you’d only pay £1 in fees. You can reduce these fees even further if you wish by using Binance’s digital currency, Binance Coin. When buying EOS, you must do your due diligence when choosing a broker or crypto exchange. With so many options available, and so many features to compare, it can seem a daunting task to narrow down the choices to one specific trading platform.
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On the one hand, these platforms are similar to the previously discussed cryptocurrency brokers, insofar that you can invest in EOS from the comfort of your home. However, by using an exchange, you will be trading with other market participants. You can buy EOS with a credit or debit card on a crypto exchange like Coinbase or Coinmama. You’ll need to create a EOS wallet (an account) and get it approved before being able to buy. You can buy EOS via Credit/Debit card or Bank Transfer directly on the exchange. To buy EOS on exchanges, you’ll first need to create and validate your account by giving some personal information data.
Although EOS facilitates fee-free transactions via its blockchain network – in order to invest, you will need to go through a broker or exchange. Such platforms are in the business of making money – so expect to pay a fee to how to buy eos in the UK. As such, when using a broker like eToro – which requires a minimum investment of just $25 per trade, you can easily dollar-cost average your EOS purchases. Just remember, in order to use your UK debit card to buy EOS, your chosen broker will need you to upload a copy of your passport or driver’s license. There is no way around this anymore – as per anti-money laundering laws in the UK.
If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. The best FCA-regulated brokers (such as eToro) ensure that buying EOS is incredibly safe thanks to their strict protocols and advanced security features. To buy EOS safely, make sure you use a reliable broker/exchange and avoid unregulated exchanges. Not to worry – in this section of the guide, we will examine two of the best stock brokers for buying EOS. We will discuss all of the information you need to be aware of, helping you make the best decision possible when choosing a trading platform.
