EOS.io is a unique blockchain platform to develop decentralized applications (dapps). It is considered a competitor to other popular app platforms like Ethereum, Polkadot, and Cardano. The main idea behind EOS is to bring the security of Bitcoin together with the advanced computing support of Ethereum. Founders of EOS claim the platform is extremely scalable meant for everyday dapp development and use. The EOS token itself does not function. It's only utility is that developers must use EOS when generating their own dapp tokens on the EOS platform.
The EOS price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines EOS price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor EOS prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest EOS price anytime, anywhere.
The EOS price constantly changes, however, our interest rates are stable as ever. Since 2019, our EOS savings account has featured 5% APR + compounding interest. Pretty good right?
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of an EOS price drop or simply use the growing value of your EOS price as collateral for instant cash. Keeping HODLing EOS and profit.
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