How To Buy EOS (EOS) - Beginner’s Guide 2023

Buy EOS Now

Cryptoassets are a highly volatile unregulated investment product.

Last Updated May 11th 2023
20 Min Read

The popularity of buying and selling digital currencies has taken the world by storm. This particular Blockchain-based system ‘EOS’ was created in 2007 by software company

There are an estimated 15,156 different cryptocurrencies in existence, and EOS makes the top 50 in terms of market capitalization. 

Interested in learning how to buy EOS but unsure where to begin? Stay right where you are.

In this comprehensive How to Buy EOS Guide, we walk you through all aspects of purchasing this popular digital asset.

We cover the rudiments to how to sign up with a noteworthy online EOS broker, as well as shedding some light on regulation, platform fees, investment plans, and storage.

How To Buy EOS – Quick Guide

To help you buy EOS coins as quickly as possible, we broke the process down into a few easy steps:

  • Step 1: Open an account with eToro – Head to eToro’s website and click join now to open a new account.
  • Step 2: Verification – By uploading essential documents that show proof of identity and home address, you will get your account verified in a short time. 
  • Step 3: Deposit – Fund your new eToro account with a minimum of $10. 
  • Step 4: Search for EOS on eToro – Search for EOS in the eToro crypto market.
  • Step 5: Buy EOS – Enter the amount of the worth of EOS you want to purchase in United States Dollars (USD), then click Open Trade. 

That’s it! By following these easy steps, you can invest in EOS in less than 5 minutes.


buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Step 1: Choose An Online EOS (EOS) Broker Or Exchange

As is shown in the 5 step walkthrough above, it’s strongly recommended that you only buy EOS at a regulated crypto platform.

At creditable broker eToro, you are able to purchase EOS on a secure and direct basis. This security comes from multiple regulatory bodies - which we elaborate on further down this page.

Some investors purchase digital currencies via a third-party crypto exchange where you can swap another crypto-asset such as Bitcoin into EOS.

This isn’t recommended for beginners as more often than not, the exchange will not hold a license from an authority.

In contrast, eToro is held accountable for its actions as a company, which in turn means as a client you can buy EOS safely and in a newbie-friendly way.

Not only is the broker registered in the US with FINRA, but the platform is regulated by the FCA, ASIC, and CySEC. This level of regulation should clear any doubts in your mind about the broker's legitimacy.

how to buy EOS


Continuing on, you should prioritize regulation over most other factors when contemplating how to buy EOS online.

This aforementioned regulation provides a safeguard against discontiguous ‘brokers’ in the industry, hundreds of which are in waiting to take advantage of unsuspecting investors.

There have been so many stories of unregulated crypto-exchanges being hacked, with the perpetrators getting away with millions of dollars worth of digital assets. Ergo, it makes sense to avoid this kind of platform.

Whilst the exchange may have good intentions, without regulatory organizations behind it you are on your own if your funds are stolen.

After completing your purchase, another option is to look after and store your own EOS coins. This involves the rigmarole of withdrawing the digital asset to your wallet. 

Again, this can leave beginners in quite a vulnerable position, as you are fully responsible for keeping your private key (a long multi-character password) safe from the wrong hands.

After signing up with regulated broker eToro, you can store your EOS coins at no extra cost, in a safe place. This is thanks to the watchful eye of multiple licensing agencies safeguarding the industry.

Payment Methods

When electing to buy EOS via an online broker, you should have no issues with purchasing cryptocurrencies with your preferred payment method.

In the ‘early years’ of digital currencies - buying EOS coins would have been quite a different experience. Not only would your only payment option have been the drawn-out process of wire transfer, but there were stories of people waiting weeks or never receiving their coins at all.

eToro is strong in terms of payment methods. The broker allows clients to deposit and withdraw using a variety of different types. From the sluggish and traditional wire transfer - to super fast credit/debit cards such as Visa and Mastercard. The platform is also compatible with e-wallets like PayPal, Klarna, Neteller, and Skrill to name a few.

Fees and Commissions

When beginning any new financial adventure, it’s important to have your eyes open to the costs involved. The lion’s share of online brokers will make money by charging fees and commissions.

Fees enable the platform to continue to offer a financial service, as well as provide you with access to the cryptocurrency markets.

As such, before you think about how to buy EOS from the comfort of your home, make sure you check the all-important terms and conditions.

Our beginner’s guide found that commission fees charged by crypto providers tend to be variable, against the size of your EOS position.

To elaborate further:

  • Cryptocurrency broker Coinbase charges 1.49% on all trades - when entering the market, and also cashing out
  • If you create a $1,000 buy order on EOS you must pay $14.90 in fees
  • If your stake had been $3,000, you would have been liable to pay Coinbase $44.70

To clear the mist, let's have a look at how this fee would affect your EOS purchase with a practical example:

  • You create a $500 buy order on EOS
  • Coinbase requires 1.49% in fees - this equates to $7.45
  • When you feel ready to sell your EOS coins - they are now worth $1,000
  • Again, you must pay 1.49% - which is $14.90
  • To enter and exit the market you paid Coinbase $22.35

As is clear from our practical example, a fee which initially seems quite insignificant can soon eat into your profits at a rapid rate. If you had chosen eToro to start with, you would have saved $22.35 in fees - as the broker allows you to buy EOS without paying a cent in commission.

There are also deposit/withdrawal fees to think about when signing up to an online broker. For instance, Coinbase actively charges clients 3.99% for all transactions completed using a debit card. 

It’s quite the contrary over at eToro, where deposits come with a small 0.5% charge - which isn’t applicable to those paying in US dollars.

Other Important Factors

Throughout step 1 of our How to Buy EOS guide, we have lifted the lid on regulation and potential broker fees.

There are some other important metrics to consider when looking to buy EOS online, such as:

  • User-Friendliness: The value of a user-friendly broker isn’t to be taken lightly, because finding the platform easy to navigate makes placing EOS orders much simpler. There’s no use having all the bells and whistles if it just complicates matters. eToro is beginner-friendly and makes buying and selling EOS a piece of cake for investors of all skill sets.
  • Minimum Investment: Before signing up to a platform to buy EOS, you should look into how much the minimum investment is. Some brokers expect a minimum investment in the hundreds - which wouldn’t be suitable for beginners looking to invest little and often. eToro enables clients to buy EOS from $10.
  • Storage: Another key metric to consider is cryptocurrency storage. As we mentioned, newbies should avoid unregulated brokers or exchanges at all costs. By signing up at eToro you are able to store your digital currencies at the platform safely for no extra charge.

buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Step 2: Come Up With An Investment Plan

buy eos

Coming up with an investment plan isn’t reserved for inexperienced investors.

In fact, having a plan in the crypto buying game is a fine way to prepare yourself for the markets, helping to reign in those emotions of greed and fear.

The digital currencies space is often highly volatile, which is what attracts so many people. High risk often lends itself well to high rewards. Of course, first, you have to correctly time the markets.

If you are in the dark about where to begin when it comes to putting together your own investment plan, see below for inspiration.

Long-Term or Short-Term

When puzzling over how to buy EOS - do you picture yourself as a short or long-term investor?

If you want to pursue purchasing EOS on a short-term basis - your main objective will be to make regular profits from the short-term price spikes seen in cryptocurrency markets.

This will usually see you placing regular EOS buy orders via your online broker - then cashing out your position within minutes, days, or weeks of entering the market.

For those unaware, crypto-assets fluctuate in value by double, or even triple digits - sometimes in a single day. It’s that very volatility that could indeed make you some impressive gains, provided you time the market well and create the appropriate orders.

Another popular strategy is to utilize a ‘buy and hold’ strategy to buy EOS. This might be suitable for you if you don’t want to be concerned with the short-term price fluctuations of the digital coins.

Long-term investors tend to buy EOS and then hold onto it for weeks, months, or years - cashing out whenever the time feels right for maximum gains.

buy eos with etoro

Target EOS Price

Many people use a target EOS price when buying this speculative asset.

To further explain, if you buy EOS at a price of $2.50 and are keen to double your investment, the crypto-asset would need to increase to $5. If you wanted to triple your investment, the digital currency would have to reach heights of $7.50 - and so forth.

This probably sounds almost impossible to achieve. But, consider that in April 2018 EOS saw an all-time high of $22.71. Furthermore, only a year and 6 months earlier the digital currency had seen an all-time low of $0.50 Tripling your investment doesn’t seem so unlikely after all.

Consider Regular Investments

All financial assets see regular price fluctuations, only some markets are more volatile than others. When thinking about how to buy EOS, have you considered regular investments?

A strategy used by many is to inject modest amounts into buying digital currencies, on a regular basis - as opposed to risking your entire trading budget in one hit.

The ‘slow and steady’ approach is a much more risk-averse way to build your cryptocurrency portfolio. Many investors opt to buy EOS on a monthly, or even weekly basis.

At eToro you can buy EOS from $10 - making a sensible regular investment strategy within reach for most people’s crypto budget.

Would You Consider Investing In EOS?

buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Step 3: Open An EOS (EOS) Broker Account

Opening an EOS broker account is really no different from the process of opening an account to buy or sell stocks or forex and the like.

For those out of the loop, simply go to the website of your chosen EOS provider, and click the ‘sign up’ button.

Next, the broker will need to know who you are - think along the lines of name, address, mobile number, email, and date of birth. All regulated brokers also need photographic proof, such as your driver’s license or valid passport.

In terms of proving your residential address, it’s just a case of uploading a clear photo of a tax letter, bank account statement, or utility bill.

Although this might sound a little drawn out, at eToro this only takes a matter of minutes, usually 10 minutes from start to finish.

Step 4: Deposit Some Funds

Decide which payment method to use, and select this from the list of accepted payment types at the platform.

We find that the easiest way to deposit funds to buy EOS is using a credit/debit card or an e-wallet. eToro supports a wide range of payment types as well as e-wallets like Neteller and PayPal.

eToro also accepts wire transfer, but as we mentioned earlier - this is often the most sluggish way to buy EOS coins.

Almost all online brokers will stipulate a minimum deposit value, and our guide found that this usually ranges from nothing to over a thousand.

eToro requires a minimum deposit of $200, but you are able to buy EOS from $10!

Step 5: Set Up A Trading Order

As soon as you have funded your new account you can place your first order to buy EOS.

The order you submit tells your broker what position you want to take and how you want it to be actioned.

We have put together a list below of the most commonly used trade orders to buy EOS.

buy EOS

Buy Order

In order to enter the EOS market, you will generally use a ‘buy’ order.

If you hypothesize that the price of EOS will rise - place a buy order with your cryptocurrency provider.

If the broker provides clients with the option of ‘short-selling’ you can place a sell order if you think the price will fall.

Limit or Market Order

As we have touched - the price of EOS will rise and fall with every second that passes.

Starting with a newbie-friendly ‘market order’ - this order should be placed if you are quoted a price for EOS and want to enter the market at that amount. As such, the broker will execute your order instantly.

You should be aware that due to the fluctuating prices in this volatile market, the price you get will likely be different from the exact value agreed on when placing your market order. For instance, you might pay $2.80 but get $2.79 - this is inescapable.

Moving onto a ‘limit order’ - this is widely popular due to the specific nature of the order. Limit orders enable you to enter the market at a particular price point.

See below an example of a limit order in practice:

  • EOS is priced at $2.8000 - however you want to enter the market at $2.8840
  • As such, you place a $2.8840 limit order with your online broker
  • Should EOS rise to $2.8840 - the broker will execute your order for you
  • Notably, unless EOS rises to that price, or you elect to cancel your order - this position will remain pending

As is clear from the above, a market order is beginner-friendly due to its simplicity. Limit orders on the other hand are useful for being price specific when purchasing EOS.


Whilst it may seem obvious - when thinking about how to buy EOS, you need to take your stake into consideration. Meaning, how much do you wish to spend on EOS coins?

Each time you place an order you will be required to enter a stake value. As we said, a great way to build on your portfolio is to think about making small but regular EOS investments.

Social trading platform and EOS provider eToro will allow you to buy EOS from $10.

Confirm Order

Having deposited some funds and entered all of the information required of you - buy/sell, market/limit, and stake - you can confirm your order.

Once confirmed, the crypto platform will action all orders for you at a stake declared by you.

At this point, you will see that your newly purchased EOS coins are safe and sound in your eToro portfolio.

buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Step 6: Storing Your EOS (EOS)

In terms of storage - in contrast to the fiat currencies we store in big banks and use to pay our bills - digital currencies like EOS are kept in a decentralized, public ledger.

We have covered the subject of storage at various points throughout this guide. We’ve also explained that you can elect to buy EOS via an exchange. But, not only are they often unsafe places and best avoided - but they often require clients to store their own digital currencies.

Storing cryptocurrencies in an unregulated crypto-wallet can leave beginners vulnerable to scammers and wallet hackers.

Alternatively, by signing up with eToro, you can buy and store EOS safely at no cost. The platform is under regulation from ASIC, FCA, and CySEC. For US clients the broker is registered with financial authority FINRA.

etoro crypto wallet

Step 7: Selling Your EOS (EOS)

As you know, the main objective to buy EOS is to sell it later for a profit. These gains are achieved by timing the market and cashing out for more than you originally staked.

Because eToro is regulated, it’s a much safer place than a third-party exchange, in terms of buying and selling.

In contrast, the likelihood is that an exchange would have you send your EOS from your own wallet to the potentially vulnerable wallet of the crypto exchange.

Due to the aforementioned lack of regulatory license, you would probably have to change EOS to another digital currency like Ethereum. This exchange would almost certainly come at a cost. Next, you would have to make a withdrawal request at the platform and follow orders from there.

Not only is buying EOS at eToro easy, but selling your digital currencies is a breeze too. Simply log into your account and sell your EOS coins. The platform will send the cash to your original payment method. It’s as easy as that.

Ready To Invest In EOS?

buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Other Ways To Buy EOS (EOS) In 2023

We’ve talked about a variety of ways in which you can buy EOS, but there are other ways to buy EOS in 2021.

Buy EOS Debit Card

If you prefer to shop using a debit card, as many of us do, you will be pleased to know that you can buy EOS using Visa, MasterCard, and more. 

eToro in particular accepts debit card payments. Simply enter your card details, as with any new transaction, and enter the amount of EOS you want to buy in monetary terms.

When you want to cash out your EOS coins, simply hit sell, and the money owed will be sent over to the aforementioned debit card you used to make your purchase.

Buy EOS Credit Card

eToro also accepts credit card payments to buy EOS. As is to be expected, buying cryptocurrencies in this way is safe and fast.

However, it’s important that you check with your credit card provider what the ‘cash advance fee’ is likely to be.

Some providers can charge as much as 6%, so always do your homework before committing to buy EOS with a credit card.

Buy EOS Paypal

Most people are aware of or have made a purchase with PayPal. The very popular e-wallet is also a convenient and safe way to buy EOS.

Furthermore, whilst not every broker accepts this payment method - eToro does.


For those unaware of cryptocurrency ATMs, they are like the walk-up ATMs we withdraw fiat money from.

The difference is that you insert fiat cash into the machine and receive cryptocurrencies in return (added to your wallet).

Our How to Buy EOS guide found that this particular digital currency is not yet available to buy through ATMs. Besides, these machines often charge an excessive amount in fees anyway - as much as 10%.

Consequently, your best option would be to use a broker like eToro,  to buy EOS.

buy eos

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How To Buy EOS (EOS) In 2023 - The Verdict

trade eos

The hope is that by this point in our how to buy EOS guide you feel informed enough to confidently enter the world of cryptocurrencies.

When thinking about the safest and most convenient way to buy digital currencies - you should consider doing so via eToro. This safety net comes from huge regulatory organizations like the FCA, CySEC, and ASIC. The broker is also registered by FINRA in the US.

The popular online broker is user-friendly for beginners, and companies operating under such ruling offer protection against hackers and disingenuous brokers. eToro accepts a variety of compatible payment types, and you can buy EOS within 10 minutes of signing up.

eToro – Best Broker To Buy EOS

etoro broker

eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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How To Buy EOS FAQs

How easy is it to buy EOS?

It is easier than it ever has been to buy EOS. Educate yourself on the market and sign up at eToro. Next, deposit funds into your account, specify how much EOS you want to buy, and place an order to enter the market.

What is the safest way to buy EOS?

The safest way to buy EOS is via a broker holding a license from at least one regulated body. eToro for instance is regulated by the FCA, ASIC, and CYSEC - as well as being registered with FINRA in the US.

Can I buy $100 of EOS?

Yes, you can buy $100 worth of EOS. However, making small and regular investments is recommended for newbies. At eToro you can purchase from just $10 worth of EOS

Can you lose money on EOS?

Yes, as with any financial asset there is a chance you could lose money on EOS. Time the market correctly with the right order and you will make money. Time the market incorrectly and you will lose money.

What is EOS highest price ever?

The EOS highest price was $22.89 back in 2018.