Where to Buy IoTeX (IOTX) Coin

What is IoTeX (IOTX) Coin

Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet and ioTube bridge, which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees!

Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of IoTeX blockchain to enable self-sovereign devices such as Ucam real-world oracle such as Pebble. The former has been deployed to 3000+ households and still proliferates. In contrast, the latter has been launched to 300+ developers initially and enables innovative Dapps that connect the physical world with the crypto world, such as real-world NFTs, weather derivatives, and machine learning-as-mining.

  • IoTeX’s mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IOT) network, including data collection, transport, storage, and utilization.
  • IoTeX uses a Roll-Delegated-Proof-of-Stake (“Roll-DPoS”) consensus mechanism to deliver “higher scalability with instant finality, without sacrificing decentralization or security”.
  • IoTeX distinguishes itself with three main functionalities and service offerings:
    • Layer 2 chain as a service: as layer 2 chains share the same pool of delegate resources, it becomes straightforward to create a subchain as, for example, an EC2 instance on AWS Cloud.
    • Edge trusted computing: it will enable the “sharing economy for trust computing and unlock many interesting trust and privacy-centric dApps”.
    • Cross-network interoperability with other blockchains, as well as layer-2 IoTeX chains, is supported.
  • IOTX is the native asset of the IoTeX network. Respective use-cases include: (1) decentralized governance, (2) gas fees, and (3) staking for Layer-2 chains.

How To Buy IoTeX (IOTX) Coin

1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Iotx coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.

2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.

3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.

4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Iotex coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.

How Much is a IoTeX (IOTX) Coin

IoTeX (IOTX) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.

$ 0.206704
iotex
IoTeX (IOTX)
1h0.06%
24h7.67%
USD
EUR
GBP

IoTeX (IOTX) Coin Review

You can learn more about IoTeX (IOTX) coin reviews and information on cryptocurrencies by visiting their official page available in the following.

Tweets by iotex_io
Website
https://iotex.io/
Whitepaper
http://files.iotex.io/publications/IoTeX_Whitepaper_1.5_EN.pdf
Github
https://github.com/iotexproject
Medium
https://medium.com/@iotex
Documentation
https://docs.iotex.io/
Telegram
https://t.me/IoTeXGroup
Discord
https://iotex.io/devdiscord
Youtube
https://www.youtube.com/channel/UCdj3xY3LCktuamvuFusWOZw