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Convert
Japanese yen (JPY) to EOS (EOS) Instantly

JPY JPY
EOS EOS
Buy EOS (EOS)

Purchase EOS (EOS) with Japanese yen (JPY) easily at Switchere and benefit from fast, secure transactions.

About
EOS (EOS)

EOS (EOS) is a third-generation blockchain platform engineered using the EOSIO open-source software, designed to support the development, hosting, and execution of decentralized applications (dApps) at scale. It aims to solve the scalability and usability challenges prevalent in earlier blockchain technology by offering high transaction throughput and a flexible governance model. The core of its architecture revolves around a Delegated Proof-of-Stake (DPoS) consensus mechanism, where token holders vote for Block Producers (BPs) responsible for validating transactions and maintaining the decentralized network. This system is designed to enable faster block times and significantly higher transactions per second compared to many proof-of-work networks.

A key distinguishing feature of EOS is its resource-based model, where holding and staking EOS tokens grants users and developers proportional access to network resources like CPU (computation) and NET (bandwidth), rather than requiring per-transaction gas fees. RAM, another critical resource for storing on-chain data, is traded on an open market. EOS supports smart contracts written in C++ and compiled to WebAssembly (WASM), providing a robust environment for complex dApp development. The EOS digital asset serves multiple functions: it's a utility token for accessing network resources, facilitates on-chain governance through voting for BPs and protocol amendments, and acts as a medium of exchange within its ecosystem.

EOS positions itself as a foundational Web3 infrastructure, striving to provide a developer-friendly and enterprise-grade platform. While facing a competitive landscape, its emphasis on scalability, a feeless-like user experience through resource staking, and its established smart contract capabilities allow it to support diverse DeFi applications, gaming platforms, and other on-chain solutions. The ongoing development of the EOSIO software and community-led initiatives continue to shape its role within the broader digital ledger space, focusing on enhancing performance and interoperability.

EOS (EOS)

How to Buy EOS (EOS)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose JPY to EOS Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your EOS Wallet Address

    Provide your EOS wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your EOS

    Complete the payment, and your EOS will be sent to your wallet.

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Frequently asked questions

  • What is the JPY/EOS trading pair and why is it important?

    The JPY/EOS pair represents the exchange rate between the Japanese Yen and the EOS digital asset. It's a significant fiat on-ramp for Japanese investors to access the EOS ecosystem, a high-performance blockchain platform utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism. This direct pairing allows users to purchase EOS for developing or interacting with scalable decentralized applications (dApps) without first converting JPY to another cryptocurrency.

  • What is the typical process to buy EOS using Japanese Yen (JPY)?

    To buy EOS with JPY, you typically need to register on a cryptocurrency exchange regulated by Japan's Financial Services Agency (FSA) that lists the JPY/EOS pair. The process involves completing KYC/AML verification, depositing JPY into your exchange account via a domestic bank transfer, and then navigating to the trading section to place a buy order for EOS on the order book.

  • What are the core technical features of the EOS blockchain relevant to JPY investors?

    For JPY investors, key EOS features include its Delegated Proof-of-Stake (DPoS) consensus, which enables high throughput and low-latency transactions. Unlike others, EOS uses a resource model (CPU, NET, RAM) instead of transaction fees, where users stake EOS to use network resources. It also supports smart contracts written in C++ and compiled to WebAssembly (WASM), making it a powerful platform for complex dApps.

  • Are there transaction fees when sending EOS after acquiring it with JPY?

    The EOS blockchain itself does not have traditional transaction fees like gas. Instead, it operates on a resource model. To perform transactions, you must have a sufficient amount of EOS staked for CPU and NET resources, or own RAM. For a typical user, a small amount of staked EOS allows for daily transactions at no direct cost. This is a significant difference from fee-based models and an important consideration after your initial digital asset purchase.

  • How should I securely store my EOS after purchasing with JPY on an exchange?

    For optimal security, it is highly recommended to move your EOS from the cryptocurrency exchange to a personal, non-custodial digital wallet. This gives you full control over your private keys. Options for EOS include hardware wallets for the highest security or reputable software wallets designed for the EOS ecosystem. Always enable two-factor authentication (2FA) on your exchange account and be cautious of phishing attempts.
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