In the following article, we will introduce you to various ways in which you can invest in the EOS very simply, quickly and securely and then keep it safe. Before you read through the individual instructions for the various exchanges and brokers, you should make an important decision in advance about the storage of your EOS Coins. According to your decision, you will receive another recommendation for the purchase of EOS from us.
Guide: Choose the best exchange or broker for you
Would you like to keep the EOS itself and thus have full control over your property, the cryptocurrency or are you looking for a simple solution and delegate the responsibility of management to a broker? Then you also have the opportunity to invest in EOS CFDs.
You should know the following when answering this important question: The basic idea behind cryptocurrencies like EOS is to create a financial system that does without third parties and middlemen. From our point of view, it is therefore generally more desirable to manage the EOS yourself, since only you have access to your assets via your private key. In the past, cryptocurrency exchanges and brokers have often been victims of hacker attacks, with large quantities of cryptocurrencies being stolen. In our view, it is therefore safer to manage your EOS yourself. However, it can be complicated for beginners to set up and use a desktop or hardware wallet.
Another special third solution is cryptocurrency CFDs. Very important to know with CFDs is however that you do not possess the cryptocurrency, like EOS, but only hold the certificate (CFD) on a rising (Long) or falling (Short) price. Therefore we would like to make the following recommendations:
- If you want to manage EOS by yourself, we recommend Kriptomat, where you can buy the EOS with Euro (by SEPA, credit card, Neteller or Zimpler). Then you can send the EOS to your desktop or hardware wallet.
- If you want to invest in EOS, but are looking for a solution that is as simple and quick as possible, because you don’t want to deal with the technical details, you should buy EOS Coins from eToro.
- If you want to speculate on a rising or falling EOS price with leverage, EOS CFDs can be the right choice for you. We recommend that you use eToro or Plus500 as established and well-known brokers.
✅ Deposit insurance on capital invested
✅ Trading with a leverage
✅ No wallet setup required
❌ no possession of a real cryptocurrency
❌ high fees for long-term investors
✅ Freedom and independence from third parties (exchanges, brokers)
✅ Lower fees for long-term investors
✅ No obligation to make additional contributions (only total loss possible)
❌ More time required to set up the external wallet
❌ Responsibility for the private key & no deposit insurance
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
Below you will find the corresponding instructions for Kriptomat, Coinmerce.io and eToro, as well as the popular cryptocurrency exchange Binance, where you can trade EOS against Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and other cryptocurrencies.
Buy EOS on eToro
Another reliable retailer to buy EOS is from our experience eToro. The first step is to go to the official website etoro.com (if you click on this link)**. Then click on the green button “Register now”. Then a new window will open where you have to enter your first and last name, e-mail, password, telephone number and a user name.
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
Once you have successfully done this, you will also need to accept the Terms of Use and Privacy Policy. Then you can click on the blue button “Create account”.
Limits for the purchase of EOS from eToro
Once you have successfully completed these steps, you will automatically be logged into your account. Your current account is subject to certain deposit limits as you have not yet fully verified your identity. This means that the initial deposit limit is 2,000 euros. Below you will find an overview of all payment options that depend on your place of residence and their limits.
In order to use the full functionality of eToro, you need to prove your identity and address, as well as a tax number. This process is necessary in connection with the strict provisions of EU law and is already an integral part of the secure operation of the platforms on many other exchanges. Verification is completely free and can be done in a few simple steps. Click on the “Edit” button on your profile. There the necessary documents are listed, which must be submitted in order to activate the full range of functions.
Now you can deposit money. All you have to do is select “Deposit” in the lower left corner and then enter your preferred payment method. Depending on the type of deposit (see table above), the credit will be either slightly faster or slower. Now you can go straight to purchasing EOS.
Buy EOS from eToro
As already described in the introduction, eToro has the special feature that the platform offers both, “real” EOS as well as EOS CFDs.
In contrast, all buy positions with leverage are executed as CFDs. CFDs are so-called derivatives – a security whose value or performance depends on the performance of one or more underlying assets. They are specialized and popular over-the-counter (OTC) financial products that allow traders to easily open positions in a variety of different financial markets. The underlying asset – EOS – is not acquired by the investor. All you receive is a certificate.
Buy “real” EOS
EToro currently offers 15 different cryptocurrencies for trading, including EOS. To buy “real” EOS, you must first click on “Trade Markets” and then on “Crypto” and then on EOS. The following overview is then relatively self-explanatory.
The letter ‘B’ stands for buy EOS and ‘S’ for sell EOS. Click on the “B” in the EOS column to start the purchase. Then all you have to do is enter the amount of EOS you want to buy. Then click on “Buy” (without changing any other setting) and your transaction will be executed within a few seconds. Now you have already bought EOS quickly and easily.
>> Buy and sell EOS on eToro** <<
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
Buy EOS CFDs
Buying EOS CFDs on eToro is very similar to buying “real” EOS. This is what you need to remember: When you open a new BUY position for a cryptocurrency without a lever, you have the cryptocurrency and no EOS CFD. Your investment in eToro is then secured with the real asset. This means that eToro buys the cryptocurrency in your name and stores it in a separate account under your name. To buy EOS CFD, you must first click on “Buy B” for EOS. After that you get to the usual “buy page”. 
Here you set the amount of money you want to invest in this trade as usual. Afterwards you have to adjust the leverage multiplier “X2”. For cryptocurrencys, eToro does not currently offer any higher leverage. You should then check your Stop Loss and Take Profit settings. A stop-loss limit is very important to limit the possible risk. Then you can open the trade. This is executed immediately when the market is open.
Stop Loss means that you close a trade if the EOS price reaches a fixed market price or an amount of money that you can set. Take Profit determines when your trade is automatically closed when the profit of your trade reaches the amount you have chosen. It is also important to know that overnight fees (also called rollover fees) are charged by eToro. These will appear in the pop-up window before you place your order (see screenshot).
>> Buy and sell EOS CFDs on eToro** <<
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
The eToro Wallet
Since March 2019 eToro offers the possibility to manage single cryptocurrencys – Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP – on a mobile wallet (an app). The app makes it possible to withdraw your own “real” cryptocurrencies from the exchange and send them to an external wallet.
Unfortunately, EOS cannot yet be managed via the eToro Wallet (status: June 2019). But we will inform you as soon as possible!
Minimum Deposits and Processing Fees
When trading on eToro, you need to be aware of the following:
- All trading accounts are in US dollars (and not euros). That’s why your deposit will be converted into US dollars immediately. This is done at the current exchange rate, but please note that there is a conversion fee.
- The minimum deposit for all deposits other than the first deposit must be at least USD 50. A minimum of 500 USD is required for deposits made by bank transfer.
- A withdrawal handling fee will be charged for withdrawals. You will see the respective withdrawal fee in the cashier area after you have entered the withdrawal amount. For payouts greater than 50 USD, this is 5 USD.
Is eToro safe and recommendable?
From our point of view, this question is very important because the management of private keys is delegated to a broker. The user gives the control over his own assets to a third party, here: eToro! This makes it all the more important that the broker is reputable and trustworthy. From our point of view, this is clearly the case with eToro. As a rule, customer deposits are always well secured when the respective broker is supervised by a regulatory authority. EToro is immediately controlled by supervisory authorities that are considered very accurate and strict in flare trips:
- CySEC: As eToro has part of its registered office in Cyprus, the Cypriot CySEC is responsible for monitoring.
- FCA: As eToro has also established a subsidiary in the UK, FCA in the UK is also responsible for the control of eToro.
The broker also actively protects customer deposits by keeping them separate from the company’s assets. Even if the broker were to become insolvent, the customer’s money would not flow into the insolvency estate.
>> Buy and sell EOS on eToro** <<
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Buy EOS on Kriptomat
About Kriptomat
If you do not only consider EOS as an investment but also want to use it for payments or simply want to be your “own bank”, you should consider Kriptomat. The exchange allows you to send EOS to an external wallet without any problems (unlike eToro). On the website you can currently purchase over 30 cryptocurrencies by SEPA bank transfer, credit card, Zimpler or Neteller. Especially for newcomers Kriptomat is our top recommendation. According to the motto of the exchange “Crypto for everyone”, the user interface is very simple and clearly arranged, making it possible for really everyone, regardless of experience level, to buy cryptocurrencies such as EOS.
However, Kriptomat is not only recommended for beginners. From our experience we can say that the exchange is also a good option for experienced investors if you want to buy EOS by paying Euro (and not trading against another cryptocurrency). The first plus point of the exchange is its seriousness. With Kriptomat you don’t need to worry about this, because the company behind the platform has received two licences from the Estonian government that entitle it to hold and sell cryptocurrencies.
But the second advantage is probably even more convincing. In contrast to other exchanges and brokers, Kriptomat does not charge a price premium, which means that direct buying is usually cheaper than on other exchanges. Kriptomat only charges the following transaction fees:
| Transaction | Fee % | Minimum |
|---|---|---|
| SEPA (Euro to crypto) | 1.45% | 1,45 EUR |
| Zimpler | 2,89 % | |
| Skrill | variable | |
| Neteller | variable | |
| SEPA sell (crypto to Euro) | 1,45% | 1,45 EUR |
| Credit card >100 EUR | 3,65 % | |
| Credit card <100 EUR | variable |
Registration and verification
As this is a European platform you have to be prepared for an extensive registration process, similar to opening a bank account or registering with eToro. Kriptomat is obliged to do this due to the strict European legal situation. Before you can buy EOS, the exchange therefore requires a complete verification of your identity.
The first step is therefore to go to the official website kriptomat.io* and register an account. On the start page, you will find the orange “Register” button. In the first step of the registration process, all you have to do is enter your first and last name, an email address and a password. You can verify your e-mail address via an activation link that will be sent to you via e-mail by Kriptomat.
Step 2 continues with step 2, where you have to enter your phone number and verify it afterwards as well. Kriptomat will send you an SMS containing a verification code. This code you enter on the website to confirm your phone number. In the following step 3 of 4, Kriptomat collects your personal data (see screenshot).
At this point you have to enter your complete address (street, house number, city, country) and verify it as well. You have the option to upload a copy of your passport or ID card to Kriptomat. To make this process as quick and easy as possible, Kriptomat offers the option to continue the registration process on your smartphone if you have done it on your desktop PC before.
Afterwards, you can take a picture of your badge on your smartphone and upload it to Kriptomat. The same applies to your selfie, which you can easily do with your mobile phone. This is the most comprehensive step of all, step 3 of 4. Now you have the following limits for buying EOS at Kriptomat:
| Transaction | Limits |
|---|---|
| Daily deposit and withdrawal via SEPA | 25,000.00 EUR |
| Monthly deposit and withdrawal via SEPA | 200,000.00 EUR |
| Deposit and withdrawal in cryptocurrencies | no limit |
| Daily limit for other payment methods | 500.00 EUR |
| Monthly limit for other payment methods | 5,000.00 EUR |
Step 4 is relevant for you if you want to make a deposit via SEPA Credit Transfer. As you can see in the table, you are forced to make a deposit via SEPA if you want to buy an amount greater than 500 euros per day. Step 4 of the verification is therefore that you prove ownership of your bank account. Only then can you deposit money via SEPA. The following tutorial provides a good overview of the complete verification process:
Buy EOS on Kriptomat
In contrast to registration, buying EOS really works very quickly and should be completed within a minute. You simply click on the tab “Buy/Sell” in the main menu (step 1) and then select the tab “Buy” (step 2). Then you can search and select EOS in the table below.
Under the coin selection you will again find the “Payment methods” (step 3), which we have already introduced. In the fourth step (see screenshot) enter the purchase amount and click on “Buy EOS”. This will take you to an overview where you can check all details again. You will also see the transaction fees and, if everything fits, you can complete the purchase by clicking on “Confirm transaction”.
Unless there is a big rush on the exchange, the EOS should appear in your account within a few seconds and be visible in the ‘My Wallet’ area, where you can also make the transaction to an external wallet. For the purchase process we can recommend the following tutorial by Kriptomat (in English):
Buy EOS on Coinmerce
Guide: Buy EOS on coinmerce.io
The Dutch based cryptocurrency exchange Coinmerce.io is a still young exchange which has grown very fast. Coinmerce was founded by cryptocurrency enthusiasts to make buying and selling cryptocurrencies as easy and quick as possible for everyone. This is the motto for the All-in-One Smartphone App for iOS and Android. In order to make it as easy as possible for customers, Coinmerce also offers a wallet where the cryptos purchased can be stored.
The following video of Coinmerce offers a good overview of all features of the exchange:
In order to buy EOS, you must first create a new account. Go to the homepage of coinmerce.io (click here!)* and click the red “Create account” button. You must then enter your personal information correctly, making sure it matches the identity document required for a Level 2 account. You will be asked to enter your name, e-mail address, gender, nationality, date of birth, e-mail address and telephone number. After you have also entered a password, you can click “Register“. You will then receive a message that a verification link has been sent to you by e-mail.
You have to confirm this via the received e-mail. You can then register with Coinmerce for the first time. As you will carry out Fiat money transactions on your account, Coinmerce is legally obliged to request in advance some data necessary for the Know Your Customer process (to implement the European Union Directive on Anti-Money Laundering and Anti-Terror Financing).
>> Register on Coinmerce now* <<
Limits for the purchase of EOS
With Coinmerce, there are different levels of verification and associated limits on how much you can trade daily, weekly or monthly.
- Level 1 (bank verification)
For level 1 you need to verify your bank account. This is mandatory for the purchase and sale of cryptocurrencies at Coinmerce. You can verify your bank account with iDeal or SEPA. You can do this via “Settings” -> “Security settings” -> “Bank“:
- Level 2 (identity check)
For Level 2 you will need to upload a valid ID card such as ID card, passport or driver’s license to Coinmerce. With a Level 2 account you can trade up to € 20,000 per day and € 60,000 per week.
- Level 3 (contact support)
If the aforementioned limits are not sufficient for you, you can apply for Level 3. Coinmerce requires a source of funds, proof of residence and a Skype call. To apply for Level 3, you need to contact the customer support team.
The table below provides an overview of the verification levels, processing times, transaction fees by payment method, and limits by level:
The Coinmerce Coin is a special feature of the exchange and is always 1 Euro. The coin is intended to give traders the opportunity to secure their returns. In addition, transactions with the Coinmerce Coin are completely free of charge. No transaction fee is charged and the transaction time is also shortened.
Buy EOS by SEPA, SOFORT or GiroPay
The actual purchase of EOS on Coinmerce is done very quickly and very easy to carry out. You go to the Coinmerce homepage and then select EOS in the dropdown. After the purchase the EOS will be credited to your Coinmerce Wallet. In the wallet you also have the options to send the EOS to an external wallet afterwards.
The wallet from Coinmerce is a good but not optimal solution for the storage of EOS Coins from our point of view. Exchanges and brokers have been hacked many times in the past and large amounts of cryptocurrencies have been stolen. A more recommendable alternative is a desktop or hardware wallet, such as the Ledger Nano S or the Trezor Hardware Wallet. In the next step we will explain how to install the Desktop Wallet from Infinito.
Buy EOS on Binance
Binance is one of the world’s largest and most popular exchanges, which is not only very secure, but also particularly user-friendly. Until recently (May 2019) it was not possible to buy cryptocurrencies with Euro (or US Dollar) on Binance. This has changed. Besides trading you now have the possibility to buy Bitcoin, Bitcoin Cash, XRP, Ethereum and Litecoin by credit card. As you’ll probably notice right now, EOS isn’t there yet, so you only have the option of exchanging EOS for another cryptocurrency on Binance.
But first you have to register on Binance. To do this, click on this link (Binance.com) and register*. Unlike many other exchanges, you can verify your identity with Binance, but this is not mandatory. The limits per day are 2 Bitcoin, which corresponds to an approximate value of almost 14,000 euros at present. You can therefore use all functions of Binance without verification. However, it may be advisable to submit the necessary documents to reach a higher limit of 100 BTC.
Step 1: Buy Bitcoin
Once you are registered, you can buy Bitcoin by credit card on Binance and trade against EOS. The menu item for the purchase of Bitcoin by credit card can be found in the right part of the menu under “Funds” and “Buy with Credit Card“. Then you will see the following view. Here you have to select “BTC“.
It is important to know that Binance uses the third-party provider “Simplex” to process the purchase. In addition, verification of your identity is required (as opposed to when you “only” use the Exchange). The purchase process is relatively self-explanatory. In the following we have written a short summary of the individual steps:
- Choose “BTC” and the currency you want to pay in (Euro or USD).
- Fill in the fields with the personal data.
- Verify your email and phone number with a code.
- Go back to the website and click “Next” .
- Enter your credit card information.
- Upload your documents to verify your identity (front and back of your passport).
Before and after the purchase there are some things to keep in mind:
- The given Bitcoin amount is based on the current price and is not final, but will be calculated later! However, if the rate changes by more than +/-2.5%, you will be asked to reconfirm the transaction by email from Simplex.
- Once the payment is complete, you can check your payment status and deposit history on Simplex.
- The Simplex fee is 3.5% per transaction or USD 10, whichever is higher.
- The daily limit is 20,000 USD per user. The monthly limit is 50,000 USD per user.
- The minimum amount (the minimum) for a transaction is currently USD 50.
Step 2: Guide – How to trade BTC for EOS
After you see the Bitcoin on your Binance account, you can start the trade against EOS. We’ll show you how you can trade Bitcoin (BTC) for EOS (EOS).
Alternatively, you can of course also transfer Bitcoin from another exchange or wallet to Binance. Then you can send them directly to the wallet address of Binance. If you don’t own a Bitcoin yet, you can also buy BTC on Litebit with SEPA or SOFORT payment. During the purchase process, you simply enter the Bitcoin Wallet address of Binance so that Litebit can transfer the BTC to Binance immediately after the transaction has been successfully completed.
To find out the “Receive Address“, click on “Funds” in the navigation bar and then on “Deposits“. You can then enter BTC in the search field and select Bitcoin.
In the following field you will be shown a Bitcoin deposit address. You must enter this in the “Receive address” field on Litebit during the purchase process if you want to buy BTC on Litebit and then transfer it to Binance.
Either way, you should now have Bitcoin on your Binance Wallet. Now there are only two small steps left to acquire EOS on Binance. Next to the Binance logo in the top left-hand corner, there is the menu item “Exchange” and below it “Basic“. Select this menu item. Afterwards you get to the following overview (see screenshot below). In the search field (next to the red arrow (2.)) enter “EOS” and click on EOS/BTC (step 3).
The display below the price chart then changes. Now you see the following view (below the price chart):
First you have to decide what kind of purchase you want to make. You can choose between “Limit“, “Market” and “Stop-Limit“.
A limit order is an order placed in the order book at a limit price you specify. This means that the trade will only be executed when the market price reaches your limit price. If the market price does not reach the price you set, the limit order remains open. You can delete them at any time. A “limit” order should therefore always be used when you are not in a hurry to buy or sell or want to achieve a certain price.
In contrast, a market order is executed immediately at the current market price (see arrow number 3.). Accordingly, the market order is particularly suitable for beginners and investors who want to sell or buy quickly.
Since you want to sell your Bitcoin and receive EOS for it, you must use the “Buy EOS” field on the left. In the line “Amount” you enter how much EOS you want to buy. The “Price” line is preset with the “Market Price”, which indicates that you are buying at the market price. Once you have entered everything, you can click on “Buy EOS”.
Normally within a few seconds you will see the EOS units on your Binance Wallet. As with Litebit, however, we recommend transferring the EOS to an external wallet. This will greatly increase the security of your EOS, as Binance was also the victim of a Bitcoin hack in May 2019 (during which 7,000 BTC were stolen). You can find the corresponding instructions for the Infinito Wallet above.
Best EOS wallet: Infinito
When using a desktop wallet we had very good experiences with the Infinito Wallet, which besides EOS can also manage numerous other cryptocurrencies like Bitcoin, NEO, Cardano, Dash, Litecoin, Ethereum and altogether more than 1000 coins. We will show you briefly how to download and use it.
First you have to go to the official site and download the wallet. If you click on this link (click!), you will get to the homepage of Infinito, where you can download the wallet. Right at the top right you will find the button “Download”. Click the button. Depending on the operating system of your smartphone, you may now need to download the Android or Apple version from the Google Play Store or App Store on your smartphone. Select the app created by “Infinity Blockchain Labs Europe” and tap “Install”.
When the download is complete, you can “Open” it to use Infinito Wallet. First you have to set the language. Unfortunately there is no German version yet, so you have to choose the English language. As usual, you must first agree to the “Terms & Conditions”.
Create EOS Account
As an intermediate step, you must first create an EOS account. You can only be part of the active EOS network if you have an EOS account. In order to use a Wallet (no matter which one), it is mandatory to set up an EOS account. EOS stipulates that new accounts can only be created by someone with an existing account. If you don’t have a friend who has an EOS account, however, there are several websites and tools that can set up an EOS account for you for a fee. The best known site is: https://eos-account-creator.com/.
The cost of an EOS account is currently USD 7.73 for cryptocurrency payments, USD 10.98 for credit card payments and USD 0.8 for EOS payments. Included in the price are 0.2 hours of EOS delegated to your account and 4 KB of RAM.
- Step 1: Select Account Name
Once you have navigated to the EOS Account Creator above, you will need to specify an account name. According to EOS specifications, the Account Name must be exactly 12 characters long and may only consist of small letters and numbers up to 5. Either you think up a name yourself and check if it is still available or you click on “I’m feeling lucky” to automatically generate a name.
- Step 2: Generate private and public keys
Then you have to generate the Private and Public Keys for your EOS account. For this we recommend you to use the “Simple javscript generator“, which is shown in the middle part of the website. This generator generates a public key and a corresponding private key. The public key is public for everyone. The Private Key is your secret. Therefore you must write it down on a piece of paper and keep it safe. You can use the first pair of keys for the “Owner” addresses.
After you have entered the “Owner Public Key”, you have to use the generator a second time for the “Active” addresses. You can enter the public key again on the website (under “Active Public Key”). The “Active”-Private Key is again your secret!
The “Active” key is the one you will use for daily operations, such as interaction with dApps or money transfers. This is also the key that you will later enter into the Infinito Wallet. If this key is compromised, there are “Owner” keys that you can use to restore control over your account and cancel outgoing transfers that have not yet been made, for example. The “owner” keys are therefore very important, since the person who owns them is the actual owner of the account. For both Private Keys, it is essential that you keep them safe offline. If you lose them, you will also lose access to one of your EOS forever!
- Step 3: Payment for the EOS account
There are three ways to pay for your EOS account: Credit card (current cost: 13.04 USD), cryptocurrencys (BTC, ETH, BCH or LTC with 9.19 USD) or EOS (from an exchange for 0.8 EOS). After successful payment your EOS account is created.
Set up Infinito Wallet for EOS
In the next step you have to use your Infinito Wallet again. The individual steps are as follows:
- When you first log in to Infinito Wallet, you will be prompted to either create a new “12-word Passphrase Wallet” or a “Private Key Wallet”. To create your EOS Wallet, you need to create a Private Key Wallet.
- You must then enter the ‘Active Private Key’ you just created in the corresponding Private Key field for EOS. So your wallet is created.
- It is very important to create a backup afterwards (“Start backup”). A 12-word passphrase, also known as a “seed”, is displayed here. The restore phrase is used to restore your wallet if you lose your phone. So keep the seed safe! We recommend that you write down the seed and keep it in a safe place. Then press “Next” to continue. Then you must confirm the passphrase by selecting the correct phrase.
- Finally, set up an appropriate password by filling in the fields and clicking “Finish” to complete the process.
After you have successfully set up the wallet, you will be automatically redirected to the dashboard.
To get EOS, click on “Receive” and simply copy the address shown in the “My Address” field. This is your (known) EOS address to send you money from exchanges such as Coinmerce.
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