How to convert EOS to BTC

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Beaxy allows you to trade EOS with convenience and peace of mind. Our user interface is customizable and can be optimized for beginners and experts alike. Reduce your risk by storing EOS in our custodied wallets.

To access all of Beaxy’s features:

– Register at Beaxy.com/register

– Complete Verification

– Fund your account – Make a deposit or buy crypto with your credit or debit card

– Start Trading!

Beaxy offers the most advanced and user-friendly features to help you better understand the EOS market. Traders can enjoy innovative features like Trender, a swipe-to-trade market analysis app. You can convert to bitcoin instantly when you buy with a credit or debit card. Our trading API features both REST and FIX for algorithmic traders to be maximally efficient.

Converting EOS to other currencies

Did you know that you can convert EOS to FIAT on Beaxy? Check the converter above to see what the conversion rate is. Simply select your national currency to see what the price of EOS is. The best part is you can place an order for EOS directly from the converter once you select your currency!

About EOS:

Block.one, led by STEEM creator and EOSIO CTO Dan Larimer, developed and created EOS. Block.one sought to create a smart contract platform to compete with others like Ethereum, Cardano, and Neo. EOS aims to separate itself from its competitors by handling more transactions per second, providing governance for blockchain and business maintenance, and refined usability. With its delegated Proof of Stake consensus algorithm, the EOS network is designed to offer superior scalability and transactional throughput. EOS’s version of delegated Proof-of-Stake relies on the 21 Block Producers (BPs) to be voted into the position by those that are holding the EOS token and have the capability to initiate votes with their tokens. Blocks on the EOS.io protocol are produced twice per second. A block on the EOS.io protocol  is considered to be immutable once a minimum of 15 Block Producers (BPs) have signed the block. It supports the creation of smart contracts and facilitates the development, hosting and execution of commercial-level decentralized applications (dApps). As a platform for decentralized applications, EOS aims to solve the issues faced by Ethereum in terms of scalability, as it performs many of the same functions. The EOS ICO is one of the largest ICO’s of all time, raising approximately $4 billion over a year-long token sale. EOS’ on-chain governance allows the token holders to vote to decide who the block producers are. They can also vote on upgrades to the platform, the protocol bylaws, and the platform’s monetary policy. EOS currently sets its supply inflation at 5% per year. The annual inflation rate of outstanding supply is decided by the 21 block producers who vote on the matter. Block producer votes are weighted by their relative EOS holdings. Tokens on the platform are essential to its growth and are used to make strategic investments that aim to make the ecosystem more valuable and more attractive to developers.

There are roughly 900,000,000 EOS tokens in the circulating supply. This represents  approximately 90% of all EOS tokens that will ever be created. The supply of EOS tokens is capped at 1,019,433,891 EOS. After launching EOS, Block.one allocated 100,000,000, or roughly 10% of the total supply, to be held in reserves and used to pay for future maintenance and development of the EOS.IO blockchain. The EOS token traded at its all-time high price of $22.89 per EOS on April 29th, 2018. The EOS token is one of the most traded digital assets in the world and routinely has more than $3,000,000,000 per day in global trading volume.

If you’d like to buy some EOS tokens for yourself, it’s easy on Beaxy. Sign up for an account and complete the quick verification process and you’ll be ready to trade. When your account is funded with BTC, navigate to the EOS-BTC trading pair on Beaxy and enter a buy order to exchange your BTC holdings for EOS tokens. If you already own EOS tokens and would like to convert them into BTC. Visit the EOS-BTC trading pair on Beaxy and enter a sell order for the amount of EOS tokens that you would like to convert into BTC.