A coordinate system is just a scheme for labelling events in spacetime, and it does not necessarily relate directly to what is experienced by an observer. So it doesn't make sense to ask about particles using the EF coordinate system or indeed any other coordinate system.
The Schwarzschild coordinates correspond to the experience of an observer an infinite distance from the black hole. We can see this because in the limit of $r \to\infty$ the Schwarzschild metric:
$$ ds^2 = -\left(1-\frac{r_s}{r}\right)dt^2 + \frac{dr^2}{1-\frac{r_s}{r}}+r^2(d\theta^2 + \sin^2\theta d\phi^2) $$
simplifies to the flat space Minkowski metric (in polar coordinates):
$$ ds^2 = -dt^2 + dr^2 + r^2(d\theta^2 + \sin^2\theta d\phi^2) $$
So for the observer at $r=\infty$ the time $dt$ is just the time shown by that observer's clock. In this sense the Schwarzschild coordinates are intuitively simple.
The coordinates that correspond to the experience of an observer freely falling into the black holes are the Fermi normal coordinates. Locally these look like flat spacetime so the falling observer considers the spacetime immediately around them to be flat.
But the Eddington-Finkelstein coordinates do not correspond to anything directly experienced by an observer. So for example the EF timelike coordinate $v$ is related to the Schwarzschild coordinates by:
$$ v = t \pm r + 2GM\log\left( \frac{r}{2GM} - 1\right) $$
This "time" $v$ is not a quantity that would be measured by any observer's clock.
The time experienced by the falling observer has a nice simple geometric interpretation. It is just the length of the observer's world line calculated using the metric. If you're interested I go into this in more detail in What is time dilation really?.
The length of the trajectory is called the proper time and it is an invariant, meaning that we can use any coordinates to calculate it and whatever coordinates we choose we will get the same result.