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RE: EOS Update (Greymass Wallet, Account Creation Tools, Passed Ethereum Transactions, Social Network)

in #eos6 years ago

I'm a crypto-noob; steem was my first foray into crypto. Say I got myself an account on EOS, what do I do with that? I hold some EOS coins from a while back, can I leverage those via an account or something?

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Well where are the coins sitting now?

On a couple of exchanges.

Exchanges like Binance are participating in a lot of the airdrops so if you have some there the airdrops are stacking up. The main reason to have an account is to get the airdrops for the most part right now and if you are going to try to buy and sell ram to participate in that speculation.

But A lot of the airdrops happening right now are using the initial snapshot from when the mainnet launched.

So right now you won't gain the benefit like you do on STEEM for holding STEEM Power where it helps you generate a revenue off of it.

Now later on airdrops will start using current snapshots instead of the genesis snapshot.

Cheers for that info. I guess I should sign up for an account.