EO.Finance is a wallet app from the EO Group who are working to create a new economy that lets people use blockchain currencies and fiat currencies together to purchase real-world products. EO.Finance offers an option for all platforms, each of which has full functionality for seamless use.
EO.Finance is a project from EO Group, which has been around since 2014. EO Group has a European license with the Estonian Financial Intelligence Unit, with numbers FRK000161 and FVR000193. The company has more than 100 professionals spread across six countries. It also provides customer service 24/7.
EO Group has experience in both the fiat and blockchain financial worlds and has multiple products within its ecosystem. EO Group has high standards for security, using Tier3 data centers, encryption for storage, TLS, and PCI/DSS.
As mentioned, EO.Finance offers a full range of applications, so users can take advantage of the ecosystem on any platform. The mobile applications are available for both Google Play and the Apple App Store. Alternatively, there is a link on its website to download the APK. Those who wish can also use EO.Finance in their browser via a Chrome extension or via the EO.Finance website. Finally, EO.Finance will be adding standalone desktop applications for both Mac and PCs soon.
Since the EO.Finance mobile applications have full feature support, you can perform a long list of functions via these apps. Make a deposit to or withdrawal from your account using a bank card, transfer funds to or from a crypto exchange or wallet, exchange currencies at a good rate, and make instant money transfers. The mobile app also includes support for the currency exchange with more than 2,500 currency pairs and the best exchange rates.
What Currencies Does EO.Finance Support?
EO.Finance prides itself on supporting both fiat and blockchain currencies. Just a handful of these include:
- Bitcoin Cash
- Ethereum Classic
- Basic Attention Token
- Loom Network
- Power Ledger
- Pundi X
- Theta Token
You can also view the recent changes to any of these supported cryptocurrencies on the EO.Finance website via a quick chart and a percentage change. In terms of fiat, EO.Finance supports:
- S. dollar
- British pound
- New Zealand dollar
- Canadian dollar
- Swiss franc
- Japanese yen
- Australian dollar
Overall, EO.Finance plans to have more than 50 accounts for each registered user, each with its own currency.
The EO Card
The EO Card will be arriving soon, and it lets users utilize their EO.Finance account to make regular purchases using fiat and/or blockchain funds. You can link the EO Card to any of the currency accounts within your EO.Finance account. Then, you can use it to withdraw cash from ATMs around the world, taking advantage of low and transparent fees and convenient limits.
How Do You Deposit and Withdraw Funds with EO.Finance?
To start using EO.Finance, you must create an account. Once you have created your account, you can go ahead and deposit funds. It is easy to add fiat currency to your account via a wire transfer or a bank card. To add cryptocurrencies, take advantage of EO.Finance’s support for all blockchain exchanges and wallets. EO.Finance acts as a wallet, providing support for a full range of currencies, both crypto and fiat. You can use your account to store and HODL the funds.
It is just as easy to transfer funds out of your EO.Finance account. You can send money to a bank card or via a wire transfer in the case of fiat currency. In the case of cryptocurrencies, you can send the funds to any exchange or wallet.
How Do You Exchange Funds with EO.Finance?
EO.Finance also provides a cryptocurrency exchange where you will find more than 2,500 currency pairs to trade. You can choose to exchange between fiat and blockchain currencies or just stick to two cryptocurrencies. All exchange transactions occur instantly.
What Is the EO Coin?
The EO coin is the token used by EO.Finance and other EO Group projects. If you use EO coin to pay for your transaction fees on the currency exchange, you get a discount of up to 50 percent.
Other Projects from EO Group
The other projects from EO Group include EO.Trade, ExpertOption.com, and EO.News. The EO Ecosystem will be well-rounded and let traders of both traditional fiat investments and cryptocurrencies use all their assets on a single platform. EO.Finance is the wallet to buy, store, and use crypto. EO.Trade is a cryptocurrency exchange to support fiat purchases. ExpertOption.com is an online trading platform featuring token-based trading accounts. Finally, EO.News delivers up-to-date news related to crypto and fiat trading.
EO.Trade is likely to be particularly important to those who use EO.Finance since this is the way that you trade cryptocurrencies and fiat alike. EO Group calls it the “most powerful engine” of the crypto exchanges. It points out that there are no order delays and both the processes for withdrawals and KYC are quick.
EO Group Roadmap
The EO Group was established in 2014, and it launched the ExpertOption.com trading platform in 2015. In 2016, it opened offices in Russia and Ukraine and made partnerships with Google and Facebook. 2017 saw an expansion to the Asian market with offices in India and Thailand.
By January 2018, there were more than 8 million accounts and 3.5 million app downloads. The EO Coin private presale began in late March, followed by the public presale in April through June. In May, EO Group got its license for the crypto exchange and payments. The EO.Finance wallet launched in August, which is also when the second part of the EO Coin sale wrapped up.
December will see the launch of EO.Trade, with applications for that project following in January 2019. In Q1 of 2019, the token-based accounts for ExpertOption.com will launch. Then, EO.News will launch in Q2.
EO.Finance is one of the projects from EO Group, and it aims to combine fiat currencies with cryptocurrencies in an economy that everyone can take advantage of. There is support across multiple platforms, and the EO Card will be coming soon to let account holders withdraw at any ATM.