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EOS withdrawals are live on Freewallet

Dec 7, 2018

What is EOS?

EOS is a coin designed to support the EOSIO blockchain platform for the development of decentralized applications (dApps). The EOS team wants to create a simple platform for developers and solve the scalability problem faced by other blockchains such as Bitcoin and Ethereum. EOSIO has run one of the most successful crowdfunding ICO campaigns, gathering $4 bln, and, when the mainnet launched, Freewallet automatically swapped our customers’ old ERC20 EOS tokens for the new ones. The platform is already being used by big industry players – Bitfinex, Everipedia and Bancor – while still in its early development stage.

Why should I use EOS?

First of all, the killer feature of EOS is 100% free transactions. The platform doesn’t request any fees or payments to process transactions. So, you can transfer and exchange it in your EOS wallet or Crypto Wallet absolutely free of charge.

Another important advantage is high-speed transactions. Currently EOS blockchain can process over 3000 transactions per second (tps), while BTC’s capacity is only 7 tps and ETH – 30 tps. According to the EOS whitepaper, the team has a goal of achieving 1 mln. tps in the long term, which is a rate even higher than Visa’s.

Ok, how can I get EOS?

The easiest way to get EOS is to buy BTC or ETH in your Crypto Wallet with a credit card and exchange it to EOS right in the wallet. For your convenience, we prepared a step-by-step guide here. Also, you can top up your balance with any other cryptocurrency in the EOS wallet and it will be automatically converted to EOS. Everything you need can be done in one place with no trouble. Then you can freely manage your coins, make easy and secure transactions to almost any other altcoin addresses, and exchange your EOS with other cryptocurrencies.

If you have any problems, don’t hesitate to reach out to our cool chatbot or contact the Freewallet support team.

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