Best EOS Apps (May, 2024) - Comparewise
19 Results

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#1 Choice
Get $20

Coinbase

$20
Welcome Bonus
100+
Coins Available
  • Insured up to a max of $250,000
  • Supported in 100+ countries
  • Crypto stored securely offline
Pros & Cons
Extra Details
Popular
20% APR
Earn Up To
300+
Coins Available
  • Get $100 bonus if you top up $1k
  • Every trade gets up to 0.5% reward
  • Earn daily interest on crypto
Pros & Cons
Extra Details
Best Value
Trade

Changelly

0.5% - 5%
Low Fees
200+
Coins Available
  • Exchange any crypto instantly
  • No proof of identity required
  • Competitive trading rates
Pros & Cons
Extra Details
Get $25

Netcoins

$25
Bonus
22
Coins Available
  • 0% funding fee & 1-click trading
  • Free cash withdrawals
  • Earn cashback in BTC
Pros & Cons
Extra Details
Get $25

Newton

$25
Welcome Bonus
$100
Min Investment
  • Trade 70+ coins instantly
  • Fund fast with e-Transfer
  • Super low fees & user-friendly
Pros & Cons
Extra Details
Get $30

Bitbuy

$30
Welcome Bonus
$250
Min Investment
  • Trade 25+ coins
  • Fund instantly with e-Transfer
  • Refer friends and get $40
Pros & Cons
Extra Details
Get $30

Shakepay

$30
Welcome Bonus
2
Coins Available
  • Instant account verification
  • Fund instantly through e-Transfer
  • Commision-free trading
Pros & Cons
Extra Details
Trade

Uphold

$1
Minimum Deposit
130+
Coins Available
  • Crypto, 50 stocks, 37 currencies
  • Zero fees and low spreads
  • Stake and get rewards up to 19.5%
Pros & Cons
Extra Details
Get $30

Coinberry

$30
Welcome Bonus
$50
Min Investment
  • Trade 29+ coins
  • Fund instantly with e-Transfer
  • 0% deposit/withdrawal fees
Pros & Cons
Extra Details
Get $100

Binance

From 0.1%
Low Fees
600+
Coins Available
  • Trade Bitcoin for free
  • Get up to $100 in welcome rewards
  • Earn with crypto through staking
Pros & Cons
Extra Details
From 0.1%
Low Fees
700+
Coins Available
  • Up to 500 USDT in bonuses
  • 24/7 customer services
  • Join the global KuCoin community
Pros & Cons
Extra Details
20% APR
Earn Up To
300+
Coins Available
  • Get up to 5% cash back
  • Deposit 30 Stellar USDC, get 50 USDC
  • Get up to 50% with staking
Pros & Cons
Extra Details
Trade

Coinmama

0.99%
Fees Starting Form
16
Coins Available
  • No deposits required
  • Available in 188 countries since 2013
  • Trusted by millions
Pros & Cons
Extra Details
Trade

EQONEX

0.08%
Fees Starting At
3
Coins Available
  • Spot & derivatives digital asset trading
  • Secured by FCA, ISO certified custodian
  • Nasdaq-listed company
Pros & Cons
Extra Details
Trade

Kraken

$10
Minimum Deposit
100+
Coins Available
  • Fees as low as 0%
  • Earn up to 23% in rewards annually
  • 24/7 live support
Pros & Cons
Extra Details
Trade

Crypto.com

$20
Welcome Bonus
250+
Coins Available
  • Earn up to 8.5% on crypto
  • Earn up to 14% on stable coins
  • Earn extra with staking
Pros & Cons
Extra Details
Get $30

VirgoCX

$30
Welcome Bonus
25+
Coins Available
  • Zero deposit fees for e-transfer
  • Zero trade fees, trade fast and free
  • Trade 25+ cryptocurrencies for free
Pros & Cons
Extra Details
Trade

WonderFi

15 seconds
Interest Accrues Every
100+
Coins Available
  • Earn Interest on Assets
  • Crypto, DeFi, gaming and NFTs
  • Compliant and regulated
Pros & Cons
Extra Details
$100
USDC
11+
Coins Available
  • 0.35% commission, no other charge
  • Earn up to 7% APY interest
  • Get 100 USDC when you sign up
Pros & Cons
Extra Details

Best EOS Apps (May, 2024)

Nowadays, it’s rare to find an EOS exchange without an app. As the blockchain network continues to grow, so does the number of companies that create new apps based on different cryptocurrencies and cooperatives.

If you have just started with cryptocurrencies, or haven’t heard about EOS till now, here’s a beginner’s guide to EOS apps and how they can help in trading EOS online.

What is EOS?

EOS is the token/coin used on the EOSIO platform, and this token was created by the platform. EOSIO is a distributed ledger technology that has the capacity to store data and record transactions in real time. EOSIO’s primary goal is to be a platform that can handle many commercial and corporate use cases.

EOS Tokens are primarily necessary for the blockchain to purchase any available resources, including bandwidth, computation, and state storage. This indicates that in order for the developers’ dApps (Decentralised Applications) to function, they need to have the EOS token.

Best EOS Apps

The following are the best EOS apps that you can find in Canada;

Binance

Binance is one of the most popular EOS trading platforms available today. Binance provides a wide variety of other services, like loans, peer-to-peer trading, and trading in derivatives. As a result, the Binance app hosts a very high transaction volume, enabling it to provide incredibly cheap transaction costs.

Binance was introduced in the year 2017 by Changpeng, and it has since grown to become one of the most successful trading platforms. Binance allows its users to make direct purchases of EOS on the mobile app using various payment options, including credit cards and fiat currencies.

 However, Canadians only have one option for funding their Binance accounts: international SWIFT transfers. Before the transfer, you must convert Canadian (CAD) dollars into US (USD) dollars because Canadian dollars cannot be used to purchase EOS on Binance.

Key Features of Binance

  • Easy registration
  • Low transaction cost
  • Apart from EOS, over 100 digital assets are available on the app
  • Zero Deposit Fee
  • Funding Options; Debit & Credit Card, Wire Transfer, ACH

Advantages of using Binance

  • Simple registration procedure
  • The acceptance of credit and debit cards
  • Swift transfers
  • No-cost deposits

Disadvantages

  • Substantial withdrawal costs
  • It has been hacked before
  • Compared to some rivals, it is less regulated

Coinbase

Coinbase is the perfect EOS app for beginners. The Coinbase mobile app is available on both Android and iOS smartphones.

All you have to do is open an account and submit a Government-issued identification before you can invest or trade. The Coinbase app is user-friendly and gives you round-the-clock access to trade EOS and other cryptocurrencies.

According to the Coinbase app’s fee policy, you will be charged a fee of around 1.49% for each buy and sell order you make, which is an expensive amount. The only way to lower this price is to deposit funds via a bank transfer, which is free of charge. Coinbase does not provide customers with savings accounts, in contrast to Binance.

Coinbase also offers excellent security features. When it comes to storing your EOS, it provides a custodial wallet that is accessible directly from the dashboard of your account.

Coinbase also offers a high level of protection by storing 98% of your tokens offline in a cold wallet at all times. In addition, your account will be safeguarded by an extra level of security, a two-factor authentication system.

best eos app - comparewise

Key Features of Coinbase

  • Funding options; Debit/credit card, bank transfers
  • High transaction fees
  • Simple and Experienced trading options
  • Two Factor Authentication
  • Custodial wallet

Advantages of using Coinbase

  • Excellent Precautions Taken for Safety and Protection
  • Good for Beginners

Disadvantage

  • Fees for both payments and commissions are very high.

Crypto.com

Crypto.com is one of the EOS trading platforms in Canada that is growing fast and is widely considered the best of its kind. It provides customers access to a comprehensive inventory of assets that can be traded at highly competitive prices.

It is the most accessible platform to navigate and offers the most beginner-friendly trading experience. Crypto.com mobile app is available on Android and iOS phones.

Crypto.com provides high-order liquidity in all EOS market conditions, complete transparency, top-tier security, and lightning-fast processing times. On its platform, EOS trades using Canadian dollars have been available since January 2021.

You have the choice to deposit tokens into an interest account in addition to using the top cryptocurrency exchange offered by this trading platform.  Your ability to earn interest may vary based on the duration you choose (a 3-month, 1-month, or flexible duration).

Features of Crypto.com App

  • Great Security Features
  • A user-friendly mobile app
  • Availability of a variety of cryptocurrencies
  • High Liquidity

Advantages

  • Various Funding Options
  • Competitive fees
  • Cash back rewards
  • Allows crypto-fiat trading
  • Solid security and safety measures

Disadvantages

  • Poor customer service
  • The fees accompanied by using credit cards and debit cards for purchases are relatively expensive.
  • Crypto for crypto is not allowed.

 Kraken

This reliable platform provides users with a mobile app that is available on both iOS and Android smartphones. The fact that the Kraken app is full of different skill sets and financial goals is one of the things that Canadians love.

Kraken provides its users with a comprehensive selection of diverse trading options–these options include standard limit orders, stop-loss orders, and margin trading. It permits trades not only between pairs of cryptocurrencies but also between pairs of fiat currencies.

Some Features of Kraken app

  • Good user interface
  • Low fees
  • Various Funding options
  • Low Spreads

Advantages

  • Suitable for both beginners and advanced traders
  • High Liquidity
  • Educational resources

Disadvantage

  • It does not accept bank cards as a means of payment

Things to take into account while selecting an EOS app

Before you go ahead to create an account with any EOS app, you should check to see whether the platform and all of its features are accessible in your region. Additionally, check to see if it satisfies the criteria and expectations that are unique to you.

1. Fees

If you are not cautious, the fees charged will consume all of your earnings. Before choosing an EOS app, investigate the trading fees and the methods used to charge them. Some EOS apps base their fees on a percentage of the total value of the trade, while others impose flat costs regardless of the amount of the transaction.

It is also essential to confirm that there are no costs associated with depositing or withdrawing funds from your account before proceeding with the exchange’s registration process. Also, beware of the cost of charge added to the spread, which is the difference between the selling price and the purchasing price.

2. Customer Reviews/Ratings

Reviews written by previous users will help you choose the best EOS app and distinguish it from others. Reviews provide reports on pros and cons that are not immediately apparent on the website.

Mobile Apps on iOS and Android have a rating of over 5. Before going through the review, the rating will definitely give you an idea of the type of experience or idea other users have about the EOS app.

3. Storage Options

If you decide to keep your EOS in your crypto wallet, you must first confirm whether the app will even let you move coins off the platform.

Some let you move all coins saved on their app, some allow you to move just a particular amount of your coins, and others don’t let you move any of your coins off their platform. This is why it is necessary to confirm that apps that do not allow you to move your EOS provide secure wallets on the app where the coins are stored.

4. Privacy

Any regulated EOS App requires that you provide certain information before letting you register an account. You’ll also need to provide specific financial data so they can process deposits and withdrawals from your account.

Providing your means of identification is used to confirm your identity, and it also provides an extra layer of security for your account.

Additionally, it would be best if you chose an EOS app that is open with their customers regarding the safety and security of their data. Confirm the security measures put in place to protect customer funds before leaving your coins there.

5. User-Friendliness

Due to the fact that you will be using a screen that is significantly smaller than a typical laptop or desktop computer, trading cryptocurrency on a smartphone might be challenging.

It is crucial that the mobile app you use delivers a seamless and user-friendly trading experience. You can do this if your smartphone has been properly optimized for the app. The easiest method to evaluate if the app offers these features is via a demo account.

6. Accessibility

It is essential for every user to locate a mobile app that provides a platform with a good guide, easy to understand interface and good features. Some apps include more complex user interfaces with charts and order books, which may be appropriate for experienced investors.

However, anybody who is new to cryptocurrency may find these tools to be overwhelming. You will feel more confident that you are moving in the correct direction if you choose an EOS app that is straightforward and user-friendly for beginners.

7. Security

This should be the first thing you consider when looking for an EOS trading platform. It would help you greatly if you looked for an EOS app that makes use of a cold storage system. A cold storage system indicates that coins are stored offline, making them less susceptible to being stolen by hackers.

When you sign up for an account with some EOS apps catering to Canadians, you must go through a Know Your Customer (KYC) verification procedure.

You can assume that the exchange is entirely compliant and takes the prevention of money laundering and fraud very seriously if they request that you produce identification documents. After completing these verification steps, your confidentiality and safety are guaranteed to a certain level.

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Advertiser disclosure

Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

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August 27, 2023
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FAQs about the best EOS app

How does EOSIO work?

The performance of EOSIO blockchain is intended to be comparable to that of a real computer, and the software that powers the blockchain makes use of some well-known computing concepts in the course of its operations. For instance, the EOSIO blockchain relies on three distinct kinds of resources (Bandwidth, Computation, and Storage). These resources are essential for the blockchain to function properly. Because it requires the purchase of EOS to acquire any of these three resources on EOSIO, developers must purchase EOS for their decentralized applications (dApps) to be operational.

What is an EOS app?

The EOS app is a mobile application available on Android and iOS phones. An EOS app provides users with a platform on which they can purchase, sell, and trade EOS tokens. You can make deposits of cash and conduct trades based on the market price of EOS  on the exchange you decide to go for. Through the app, the exchange provides real-time price updates for the market.

How can I open an account on an EOS app?

You can open an account after downloading the app on your smartphone or sign up through the desktop website platform of the exchange. After opening the app, the next step is to verify it; the verification can be done using a Government-issued ID or document. After verification, you can fund your account through the payment method available on the mobile app.

What Exactly Is the Objective of EOS?

On a large scale, decentralized applications, also known as dApps, will have their operations supported by the EOS system thanks to its design. EOS gives companies access to the fundamental features necessary to construct blockchain applications in a manner analogous to that of developing web applications.

How can I start trading on an EOS app?

You can begin to trade after you download the app, open an account then verify the account. After successfully verifying your account, you need to fund your wallet before starting trading.

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