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Frequently asked questions

The value of EOS is heavily tied to the wider crypto market, and to Bitcoin specifically. If you see BTC go up or down, then you can be reasonably sure that EOS will follow. Of course, the continued value of the EOSIO platform is the fundamental success of the currency with which it’s associated. If the platform falls into obsolescence, or into disrepute, then we can be reasonably sure that the coin will start to decline.

You can sell EOS on a crypto exchange, where buyers and sellers trade among each other.

A crypto exchange (or cryptocurrency exchange) is a marketplace where buyers and sellers trade cryptocurrencies. Just like regular stock exchanges, a cryptocurrency exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found.

EOS is like any other cryptocurrency, in that it’s incredibly volatile. The price might soar one week only to crash the next. This provides ample opportunity for traders to make big money. But at the same time, it’s a potential source of regret if you think that you’re selling at the top of a bubble, only for the price to climb still further.
If you want to sell EOS, therefore, you should prepare for the possibility that you’ll miss out.

Don't miss out on a good selling point and set a yourself price alert.

Bear in mind that all exchanges take different cuts from every sale. You can compare the amount that you’ll earn from a prospective sale of EOS using Cryptoradar’s filtering and comparison capabilities.

If you invest in EOS, and then later sell it for a profit, you’ll have realised a kind of digital commodity in the view of many tax authorities. As a consequence, you may be liable for capital gains tax. The rules vary from country to country, and thus it’s important that you get an idea of the requirements where you are. Crypto tax software can help you calculate and file your taxes.

Different exchanges pay out in different ways. You can use Cryptoradar to compare your options.

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