What is EOS (EOS)?
EOS is a cryptocurrency designed to support large-scale decentralized applications. There are no fees to send or receive EOS. Instead, the protocol requires EOS to use resources like RAM, CPU, and network bandwidth. It also rewards the entities that run the network periodically with new EOS, effectively substituting inflation for transaction fees.
How do I buy EOS on CoinZoom?
CoinZoom customers from eligible regions can buy EOS on CoinZoom.com and CoinZoom Pro. To see which regions support trading EOS, please see our Supported Digital Currencies page.
Purchased EOS will be displayed as an asset within your CoinZoom wallet in your Accounts page on CoinZoom.com or in the CoinZoom mobile app.
There is no minimum purchase amount of EOS on CoinZoom.
Can I send EOS to CoinZoom?
Yes, however, EOS utilizes Destination Tag technology and a Memo is required to send EOS to CoinZoom. Omitting or using an incorrect Destination Tag/Memo will cause a delay in crediting the transaction to your CoinZoom account. Under certain circumstances, these funds may not be creditable. For more information on Memos, visit our help page.
If you attempt to send EOS to CoinZoom without a Memo your funds will not be received. Please contact the exchange that you sent the funds from for help.
Is there a minimum amount to send?
There is no minimum amount required to send funds to CoinZoom. However, most exchanges charge a minimum of 1 EOS to send EOS . Sending EOS from CoinZoom requires a minimum send of 1 EOS.
What is a Memo?
A memo is type of Destination Tag that is used with EOS transactions. To send EOS to CoinZoom, customers must use the EOS memo associated with their EOS CoinZoom wallet. Customers can send EOS from CoinZoom using a memo.
For more information on how Memos work, please visit our help page.
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Destination Tag/Memo FAQ
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