There are a few ways to setup EOS ACCOUNT if you don't have one already:

Ask a friend that has an existing EOS account owner to create one for you.

1. Use an account generator tool or service

* https://eos-account-creator.com/

* https://www.zeos.co/

2. Directly off an exchange by using the signupeoseos smart contract. You can do this by sending a recommended 2-3 EOS to signupeoseos with the transaction memo including your desired account name followed by a dash(-) and then your desired EOS public key (requirements for account names and how to generate an EOS public key are explained more below. The smart contract will use the EOS to purchase the required 4KBs of RAM, stake 0.1 towards CPU, and 0.1 towards bandwidth. Any excess EOS amount will be used to purchase additional RAM.

Regardless of the method of account creation chosen, you will need One or Two different valid EOS Public/Private Keypair(s)

In every case, it will be a two step process:

1. Generating an EOS Public / Private Key

2. Assigning the EOS Public key(s) to an EOS account.

Note: Accounts must be 12 characters, numbers and letters. You can search availability of names by typing the name into a block explorer like eosflare.io. Alternative premium names are coming soon with the ongoing EOS name auction.

How much does an EOS account cost?

An EOS account will require about 8KBs of RAM to generate. RAM prices can be checked at https://www.eosrp.io

RAM resources are currently in high demand on the EOS Mainnet -- so prices are up to $0.674 per KB. So an account will cost equivalent of roughly $5.39 USD. RAM prices are expected to decrease as the network resources are expanded.

How are EOS accounts different from other digital currency wallets on the EOS blockchain?

Unlike Bitcoin or Ethereum, with EOS, tokens are held in accounts, not by the keys themselves. Each EOS account will have one Active key and one Owner Key associated with it which can be updated/reassigned. The EOS Active Key and the EOS Owner Key work as passwords in EOS to unlock and use an EOS account. The difference is the Owner Key acts as the "master password" and can be used to reset the keys associated with an account. It is possible to use the same EOS key as both the Owner Key and the Active Key, or use the same key pair for multiple EOS accounts, but for security it may be better to have a separate Owner key for emergencies that is never used online and use different EOS keypairs across different EOS accounts.

Once you have an EOS account, you can check to see what the Active and Owner keys associated with it are by visiting an account explorer like

http://eosnetworkmonitor.io/#accountInfo