1067.06 -13.08 (-1.21%)
價格由e投睿提供 , 以 EOS 計價 市場開放


今日波幅1044.51 - 1138.44
52 週範圍258.63 - 1468.40
1 天 1 週 1 個月 3 個月 6 個月 1 年 3 年 最大值
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Trading ETH/EOS: An Overview

The ETH/EOS cryptocurrency pair allows the trader to take a position on movement in the relative strength of the Ether (ETH) cryptocurrency as compared to that of EOS. As Ether is the pair’s base currency, a long position on this pair means the trader will profit if it strengthens in relation to EOS. A short position on the same pair would mean the trader profiting if Ether (ETH) lost relative value in relation to EOS.

When trading cryptocurrency pairs, relative strength is based on the current exchange rate to dollars (USD) of the cryptocurrencies that make up the pair. So if ETH is worth $200 and EOS $5 at the time an ETH EOS trade position is opened, the pair can be thought of like 200/5 or 40/1. Cryptocurrencies are usually much more volatile than fiat currencies,so traders should take this into account and adopt a slightly more conservative approach, especially when it comes to leveraging trading positions involving crypto pairs. However, this volatility also means strong trading opportunities regularly present themselves.

Both sides of the ETH/EOS pair are the cryptocurrencies of rival smart contracts and decentralised applications (DAPPs) platforms – Ethereum and EOS.IO. Both Ether (ETH) and EOS are ‘utility’ cryptocurrencies. That means that they are not meant to be used as general payment for goods and services, but only to pay for the use of the blockchain platform with which they are associated. As such, demand for Ether and EOS is based on the level of use of the respective Ethereum and EOS blockchain platforms.

Ethereum in Focus

Ethereum was the first and still is the current market leading smart contracts and DAPPs blockchain platform. Over 80% of ICOs, including that of EOS itself, use the Ethereum platform and several major international companies have also developed applications on the platform and it also hosts a number of popular smart contracts-based games such as CryptoKitties.

EOS in Focus

EOS.IO describes itself as a ‘third generation’ blockchain platform and was released as an open source software in June 2018. Over $4 billion was raised during the EOS ICO, much of which will be used to invest in the development of an ‘ecosystem’ of companies that build applications on the EOS.IO blockchain. EOS.IO claims to offer greater scalability than earlier competitors like Ethereum, as well as eliminating fees for users of DAPPs built on it, positioning itself as suitable for large ‘enterprise level’ applications.

Why Include ETH/EOS in an Investment or Trading Portfolio?

  1. Ethereum and EOS.IO bulls and bears are one obvious category of traders. Those with a particular interest in the two blockchain platforms and have an opinion on their relative merits, can use this pair to try and realise a gain from their insight and opinion on the relative merits of the two platforms. Believers in Ethereum’s continued position as market leader of the smart contracts and DAPPs space, may be inclined to take a long position on this pair, while those who think newer rivals such as EOS.IO will gain traction, would be more likely to go short.

  2. Cryptocurrency market followers, who are well acquainted with the news and trends of the market, might also be interested in taking a CFDs position on a pair like ETH EOS. Rather than buying and selling different cryptocurrencies regularly to take advantage of insight into the market’s trends, CFDs can offer a cheaper and more convenient way to get exposure than actually buying and selling the cryptos themselves, with exchanges still often charging relatively high fees and transactions occasionally taking some time to complete.

  3. Day Traders with a history of trading other asset classes such as commodities, indices or stocks, are also often attracted to cryptocurrency pairs such as ETH/EOS because of the bigger swings their higher volatility offer. For example, the average daily volatility between major currency pairs is around 0.5%. For cryptocurrencies, it can regularly exceed 5% and potentially much more during particularly volatile trading sessions when there is a major catalyst to price direction.

This higher volatility, of course, increases risk, but experienced traders can be happy to take this on in the hunt for stronger returns. Less experienced traders should carefully control their use of leverage to ensure they are not overexposed if a trade moves strongly against their position.

4. Long-Term Investors/Traders who don’t feel comfortable with predicting Ether or EOS price movements over the course of several hours or a couple of days, can also use the Ether EOS chart pair to take a position on longer term movement such as over a week or even a few months. The higher volatility and price swings exhibited by cryptocurrencies can make longer term positions through CFDs more practical than for other asset classes. In the case of other assets, returns can be heavily eaten into by overnight charges. Cryptos such as Ether and EOS can make significant double figure movements over a week.

5. Hedging is a final reason why a trader might take an ETHEOS position. If the trader owns EOS, a long ETH EOS position could be an effective hedge against the exchange value of the EOS dropping relative to ETH. A short position could be a good hedge if Ether is held.

Major Drivers of the ETH/EOS Price

  1. Cryptocurrency market sentiment/price trend: prices between the different major cryptocurrencies do show relatively strong correlation, at least over the short term. So if the market is on a bull run, in most cases all the cryptocurrencies will gain with the opposite being the case during a bear movement. This is, of course, most influential in the case of cryptocurrency to fiat currency pairs, but different cryptocurrencies also show more or less correlation to the wider market, so finding patterns can also be very valuable to successfully trading crypto to crypto pairs such as ETH/EOS.

  1. Ethereum platform traction: the more the Ethereum platform is used, the higher the demand for Ether to pay for that use will be. This will drive Ether value, and so is, of course, an influence on any trading pair involving Ether.

  1. EOS.IO platform traction: exactly the same principle as above. The more the EOS.IO platform is used, the greater the demand for EOS and the higher its price should rise, or vice versa. When trading the ETH/EOS pair, the key thing is the ratio between the use of the two platforms, as if both see similar upturns in user activity, they may also see similar price gains, which wouldn’t make a big difference to the dynamic of the pair.

  1. ICO activity: in a caveat to the previous points, traders of ETHEOS should pay careful attention to ICO activity on the platforms. Because ICOs sell tokens supported by the Ethereum or EOS.IO blockchains, depending on which blockchain the ICO is running on, they increase demand for Ether or EOS. However, when the ICO completes, the company behind it will need to convert those funds into fiat currencies to pay for things such as staff salaries, office rent, marketing and so on. A big sell off of ICO tokens based on either Ether or EOS would, then, bring down the price of the cryptocurrencies.

Conclusion: the ETH/EOS trade

The ETH EOS pair, as either a long or short position, is essentially a trade on which of the two smart contracts is gaining the most relative traction at any given moment. Sentiment, of course, also plays a part, such as positive or negative news around one or other of the two platforms.

It’s an interesting dynamic and with both cryptocurrencies highly volatile, can provide great trading opportunities, if approached correctly.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% 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.

This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.