EOS is owned by an organization called Block.one. In May 2017, the whitepaper for EOS was released but it wasn’t until June 2018 when EOS was launched. Although it’s Dan Larimer (a software developer) who is typically most associated with EOS, Brendan Blumer is the CEO. The goal of EOS is to create a platform where big businesses can run their operations and applications without worrying about slow speed (since the network can run thousands of transactions per second). If you are wondering how to buy EOS in Canada, Netcoins is a publicly owned, fully regulated crypto trading platform based in Canada. With 0% funding fees, free cash withdrawals, and live customer support service seven days a week, we make it simple for Canadians to buy EOS and other cryptocurrencies.
1. Create an Account
Sign up for an account and provide some personal details to get your account verified.
2. Fund It
Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.
3. Start Trading
Buy and sell as much EOS as you want with no slippage due to our deep liquidity.
What Is EOS?
What’s the Difference Between EOS & Ethereum?
Why Buy EOS?
How Much EOS Can I buy?
What are the next steps for EOS?
WHY BUY EOS?
Buying EOS can be a good way for investors to diversify their portfolio by having non-traditional assets mixed in with traditional assets. People invest in EOS for three main reasons: EOS provides big businesses with the ability to build blockchain applications (similar to building web apps) There are no fees for sending or receiving EOS coins EOS supports thousands of commercial-scale dApps without running into bottlenecks (this could mean outcompeting Ethereum in the long-run) EOS is still very much in its infancy and will continue to fascinate investors in the coming years
WHY IS KYC (VERIFICATION) REQUIRED?
Netcoins USA is a licensed money service business under FinCEN, we adhere to the strict guidelines set by them for Money Transmitter Businesses. We are required to have a Know-Your-Customer (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers, as per American regulations.
WHAT DO I NEED TO PROVIDE FOR YOUR VERIFICATION PROCESS?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business in the US.
HOW CAN I FUND MY ACCOUNT?
Your Netcoins account can be funded with a crypto deposit, regular ACH, ACH pre-funding or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy EOS in the US.