Virtual currencies, real risks. The only guarantee in crypo is risk. Read more
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Disclaimer
The value of your virtual currencies can fluctuate significantly, and the amount you invested can be completely lost;
Virtual currencies are not covered by the bank deposit guarantee schemes;
There is no legal mechanism available on the virtual currency market to prevent market manipulation or insider trading;
Virtual currencies are entirely dependent on a specific computer technology and infrastructure, which in some cases may be very recently developed and not yet sufficiently tested;
In case of loss of the identifier or password that gives access to the virtual wallet in which the virtual coins are stored, those coins will be permanently lost;
Virtual currencies are currently accepted as a means of payment with limited acceptance, and in most countries there is no legal obligation to accept them;
For more information about the risks associated with an investment in virtual currencies, we recommend that you visit the Wikifin page What is a cryptocurrency? | Wikifin.
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EOS is a blockchain-based cryptocurrency that aims to provide a platform for the development and execution of decentralized applications (dApps). It was created by the company Block.one and launched in 2018. EOS stands out among other cryptocurrencies by offering scalability, flexibility, and usability, which are often considered limitations of other blockchain networks.
EOS operates on a delegated proof-of-stake (DPoS) consensus mechanism. This means that instead of traditional mining, EOS token holders can select block producers through a voting system. These block producers are responsible for validating transactions and creating new blocks on the EOS blockchain. The DPoS consensus model enables EOS to achieve fast transaction speeds and high scalability, as it does not require extensive computational resources like proof-of-work (PoW) mechanisms used by other cryptocurrencies like Bitcoin. EOS aims to provide a user-friendly environment for developers to create and deploy dApps. It provides an operating system-like architecture that supports the development of smart contracts and decentralized applications. EOS also offers tools and services such as an integrated development environment (IDE) and software development kits (SDKs) to facilitate the creation of dApps. Developers can utilize EOS's programming language, called EOSIO.CDT, to write smart contracts and deploy them on the EOS blockchain. One of the notable features of EOS is its ability to handle high transaction volumes. It achieves this by implementing parallel processing and horizontal scalability. EOS divides the workload across multiple CPU cores and parallelizes the execution of smart contracts, allowing for faster transaction processing. Additionally, EOS introduces the concept of "blockchain as an operating system," providing features such as user authentication, permission management, and database storage, which simplify the development process for dApp creators.
With Finst it's easy to invest in EOS and other cryptos.
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Create a free account in 3 minutes to buy, sell and store Eos with no minimum amount. Your Finst account is accessible worldwide via mobile and desktop.
Deposit funds
Verify your account and transfer euros to your Finst wallet with iDEAL, Bancontact or instant SEPA bank transfer.
Buy and trade
Buy and sell over 240 digital assets and pay only 0,15% transaction fees. Store your EOS in your secure Finst wallet.
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Buy EOS with a trading fee of 0,15% per transaction and no added spead. That's it. Crystal clear.
Finst is an Amsterdam-based cryptocurrency exchange led by a team of investment professionals who have previously helped build one of the largest retail investment platforms in Europe. Finst offers the lowest transaction fees in Europe for a wide range of cryptocurrencies through a unique and highly secure platform.
Leveraging decades of combined trading, security and engineering experience, Finst aims to create a level playing field for all crypto investors and remove the high entry barriers associated with investing in cryptocurrency.