How to Buy EOSIO (EOS)

One of the more popular blockchains for dapps, EOSIO today offers a wide variety of options, from simple wagering games to more advanced racing and role-playing contests. 

But you may need to buy EOS, even if you don’t want to launch your own dapp. 

EOSIO users can also buy EOS to take advantage of the EOSIO blockchain’s more innovative features, such as the ability to vote on changes to the software’s design. 

If you’re new to the world of cryptocurrency, we’ve put together this intro guide to teach you how to buy EOS quickly, easily and securely. 

 

Today, the EOS.IO blockchain is one of the most widely used platforms for dapps, meaning there’s no shortage of games and applications to test and try. 

If you’re seeking to launch a dapp, you’ll need to buy and stake EOS to pay for computations on the EOSIO blockchain, and do so on a continuing basis. 

There is no shortage of ways to buy EOS. However, many find that it is easiest to purchase it through a reliable global exchange like Kraken. 

Aside from offering an easy-to-navigate interface and the lowest fees in the industry, Kraken is rated one of the world’s most secure and trusted crypto exchanges. This matters because if you lose the private keys to your EOS, it can be nearly impossible to recover your funds. 

At Kraken, we take security seriously, using high-grade technology and tested procedures that protect our clients’ EOS. We don’t compromise on security, and neither should you. 

1. Create an account
   Provide an email address, choose a username, and pick a strong, secure password.

2. Complete the verification process
   By adding your name, date of birth, country and phone number to your account, you can buy EOS with other cryptocurrencies like BTC or LTC. To use cash (i.e. USD, GBP or EUR), you’ll need to provide additional supporting documents verifying your identity. Read about our verification levels.

3. Deposit cash or cryptocurrency
   You can fund your EOS account in a number of ways. How you do so will depend upon your location and preferences.

4. Buy EOS!
   Once your account is funded with cash, you’re ready to buy EOS. You’ll also get access to our advanced charting tools, 24-hour global client support and margin* and futures trading**. All of these features are why millions of global traders love Kraken.

*Availability of margin trading services is subject to certain limitations and eligibility criteria.

**Trading futures, derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.

Once you’re done buying EOS, you’ll need to take steps to ensure it’s stored safely. 

It’s always safest to store your crypto in a wallet you control. A wallet is a software or hardware device that will store the public and private keys required for you to make EOS transactions.

Many types of wallets are available on the market. Mobile and web-based wallets make frequent transactions easy, while hardware wallets are best suited for longer-term storage. 

That’s it! If you’re all set to start buying EOS, click the button below! Still not sure? More facts and information on EOS can be found in our official ‘What is EOS?’ guide.