You Can Now Buy and Sell EOS on Coinbase

Good news for EOS enthusiasts as leading US cryptocurrency exchange and wallet provider Coinbase announced today that EOS is now available on its platform.  

This means that Coinbase users can now “buy, sell, convert, send, receive, or store EOS coin on coinbase.com as well as in the Coinbase android and iOS mobile apps.

However, the new addition is not available to all of Coinbase’s customers at the moment. While it is currently available to users in most jurisdictions, it is not available to those in the UK and the state of New York. This may change in the future.

EOS Outlook – Slightly Bearish

Positive announcements usually have a way of affecting the prices of cryptocurrencies, but that is currently not the case for EOS.

At the time of writing, the coin is yet to respond to the news and is recording an insignificant loss of almost 1% against the US dollar and 0.30% against BTC.

EOS chart

The coin is trading at $8.07 with a daily volume of $4,233,500,506 and a market cap of $7,402,028,684.

Biggest EOS Announcement on June 1

According to reports earlier this week, Dan Larimer, founder of the EOS ecosystem said on Telegram that the “biggest announcement since EOSIO is coming up on June 1,” which is just a night away.

One would not be wrong to think that this surprise listing on Coinbase, coupled with whatever announcement Dan has to make tomorrow, will likely push EOS into a bullish state in the next few days.

Will EOS finally break the $8 resistance levels?

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