EOS has always been presented as a cryptocurrency without fees or gas for transactions. However, in reality, that is one of the biggest misconceptions about EOS. In fact, EOS transactions have never been actually free.
Hold on, how do EOS fees work?
When you create an EOS wallet, usually you need to deposit a certain amount of EOS to register your wallet on the network and maintain operations with the coin. This money is still yours but it is used to maintain your EOS account resources CPU, NET and RAM. In other words, users have to lock in a non-transferable amount of coins to use the EOS blockchain.
How to create EOS wallet for free
Do you want to create EOS wallet for free and make absolutely fee-free transactions? Freewallet gives you such an opportunity and we shoulder all the expenses for you.
On Freewallet: Crypto Wallet you can create an EOS account without a registration fee and make free EOS transactions. Just follow these simple steps:
- Sign-up to Freewallet with your Facebook, Google account, email or mobile phone
- Press the “Add wallets” button and find EOS in the list of coins
- Click on the EOS logo
- Congratulations! Now you have your free EOS wallet
All operations are without any kind of transaction fee, starting from simple money transfers to exchanging from one cryptocurrency to another. You don’t need to stake for CPU, NET or to buy RAM to enjoy the EOS blockchain.
Besides, EOS has always been known for its high transaction speed which surpasses that of BTC and ETH, but Freewallet makes EOS transactions even faster. Thanks to off-chain technology Freewallet users can make EOS transactions in a few seconds within the Freewallet ecosystem.
You can enjoy EOS on our multi-currency app Freewallet: Crypto Wallet for the web, iOS, and Android, or install a standalone EOS Wallet on your Android device.
If you have any questions regarding EOS or need any assistance don’t hesitate to contact our support team.