How to Buy IoTeX (IOTX) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy IoTeX and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells IoTeX.
  2. Register a new account.
  3. Fund your account.
  4. Buy IoTeX.
IOTX
$0.078463427045728

These steps are simple if you know where to buy IoTeX cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy IoTeX (IOTX) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best IoTeX Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

39

Only

39

of these exchanges sell IoTeX.

We then filter down the entire set of possible marketplaces to only the ones that have active IOTX markets.

25

Only

25

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

7

Only

7

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Coinbase

VISIT Coinbase Read Review
Reasons we ♥ Coinbase
Low fees
Educational incentives
Quick withdrawals
CRYPTOCURRENCIES: 238
FUNDING:
Bank Transfer (ACH)
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Debit Card
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Wire Transfer
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Paypal
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Apple Pay
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Google Pay
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SEPA
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EFTCAD
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Interac
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SGD Transfers
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3D Secure Card UK
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Easy Bank Transfer UK
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Faster Payments UK
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Instant Card Cashouts UK
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PayPal UK
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Step 2Register Your New Account

  1. Prepare Personal Information: Collect your personal details, including your name, address, and documents for identity and address verification.
  2. Create an Account: Visit the Coinbase Pro website, click "Sign Up," and provide your name, email address, and country of residence. Then, create a secure password and, if desired, set up two-factor authentication with your phone number.
  3. Agree to Terms: Read and agree to the user agreement and privacy statement.
  4. Verify Identity: Complete a two-step identity verification process by uploading a government-issued ID (passport, driver's license, or national ID card) and taking a selfie to confirm the validity of the photo ID.
  5. Wait for Approval: Wait for Coinbase Pro to review and validate the documents, which can take up to 48 hours, followed by immediate account verification upon approval​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy IoTeX cryptocurrency.

You can buy IoTeX on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy IoTeX (IOTX)

After registering and funding your account at , you should be able to buy IoTeX after your deposit finishes processing. After you receive your IOTX, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best IoTeX Exchanges

IoTeX is also available on these exchanges:


Frequently Asked Questions

Yes, IoTeX is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase, Kraken, KuCoin, Bybit, OKX, Gate.io, BingX.

You can buy IoTeX instantly at Zengo, Binance, Coinbase using their instant buy feature or a credit card.

Yes you can buy less than one (1) IOTX. Cryptocurrencies in general are divisible to 16 decimal places.

To buy IoTeX, you will need to deposit funds into your exchange account - which usually has no fees - and then buy IOTX, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of IoTeX at Zengo, Binance, Coinbase.

IoTeX Investment & Buying Guide

Diving into the dynamic realm of digital currencies, you’ve likely encountered the usual suspects. But have you met IoTeX? It’s a rising star with a unique twist on blockchain technology, aiming to revolutionize the Internet of Things (IoT).

As you’re about to discover, IoTeX isn’t just another cryptocurrency; it’s a whole ecosystem designed to empower smart devices. With its robust privacy features and lightning-fast transactions, it’s poised to become a game-changer in how we interact with the connected world.

What is IoTeX Cryptocurrency?

How does IoTeX Compare to Other Cryptocurrencies?

IoTeX stands out in the crowded crypto space with its unique focus on IoT. It’s designed to tackle the scalability and privacy issues that are prevalent in existing blockchains. Unlike many cryptocurrencies, IoTeX’s blockchain can operate both individual and subchains, enhancing flexibility for various IoT applications. This layered architecture allows devices to communicate securely and efficiently, a feature not commonly found in traditional blockchains.

Most blockchains prioritize transparency, but IoTeX emphasizes privacy. With end-to-end encryption, IoTeX ensures data privacy for users, a critical aspect for IoT devices and their users. Transaction speeds on IoTeX are noteworthy, with the blockchain capable of processing thousands of transactions per second (TPS). This speed far surpasses well-known blockchains like Bitcoin, which caps at about 7 TPS, and Ethereum with around 30 TPS, positioning IoTeX as an efficient solution for IoT.

IoTeX’s consensus mechanism, Roll-DPoS (Delegated Proof of Stake), is another distinguishing factor. It optimizes for IoT by being both energy-efficient and providing fast consensus, which is essential for the real-time data needs of IoT devices. Unlike other cryptocurrencies which use more resource-heavy mechanisms like Proof of Work, IoTeX’s Roll-DPoS is geared towards a decentralized ecosystem without compromising on performance.

The platform’s native token, IOTX, powers all transactions within the IoTeX network. This token enables users to participate in governance, stake within the blockchain, and register new devices, contributing to a self-sustaining ecosystem. The use of IOTX tokens within the network underlines the practical utility of IoTeX beyond mere speculation, a trait that’s instrumental for long-term value retention.

In terms of partnerships and industry adoption, IoTeX is steadily making inroads where other cryptocurrencies have yet to tread. Collaborations with heavyweight IoT players point to the potential for widespread integration, signalling the broader industry’s recognition of IoTeX’s specialized capabilities. This alignment with industry partners reflects IoTeX’s practical and forward-looking approach to blockchain technology within the IoT domain.

By considering the technological evolution and market needs, IoTeX positions itself not just as another crypto contender but as an innovative leader in IoT. Its approach to privacy, speed, scalability, and real-world utility provides a stark contrast to older, more established cryptocurrencies, underscoring its potential to redefine interactions within the IoT landscape.

IoTeX History & Growth

IoTeX began as an idea in 2017 with the goal to connect physical and virtual worlds through a comprehensive decentralized network. Its founding team comprised experts in cryptography, the Internet of Things, and blockchain technology. 2018 was a landmark year for IoTeX as they launched their testnet and subsequently conducted a successful public token sale.

The mainnet of IoTeX rolled out in April 2019, marking their transition to an independent blockchain network. IoTeX’s network has since experienced substantial growth, with thousands of devices now connected and interacting securely. The project has earned its reputation through consistent technological advancements and strategic partnerships in the IoT space.

Community engagement and governance have expanded with IoTeX’s Delegates program, attracting stakeholders to participate in network consensus and governance. Attracting developers has been a priority; IoTeX has introduced tools and incentives designed to encourage the creation of IoT applications on its platform.

The IoTeX token, IOTX’s market performance has seen significant volatility, a common trait among cryptocurrencies, yet it has shown resilience and growth over time. Its utility within the IoTeX ecosystem drives demand, incentivizing investors and users to engage with the platform.

Rapid development and implementation have enabled IoTeX to meet the emerging needs of the IoT industry effectively. Continued growth and innovation remain at the core of the IoTeX strategy, positioning it as a competitive player in the Internet of Things blockchain market.

Buying IoTeX with Different Payment Methods

Buying IoTeX with a Credit Card

You’ll find that purchasing IoTeX with a credit card is straightforward and quick. Many cryptocurrency exchanges offer this option, which usually involves instant transaction processing.

Buying IoTeX with a Debit Card

Similar to credit cards, debit cards are widely accepted on various platforms for buying IoTeX. It’s a direct way to use your banking funds without incurring potential credit card debt.

Buying IoTeX with Apple Pay

Buying IoTeX with Apple Pay is becoming increasingly popular for its convenience and security. You can use Apple Pay on supported crypto exchanges or fintech apps that are compatible with your iOS device.

Buying IoTeX with Paypal

Certain exchanges enable you to buy IoTeX using PayPal, which means you can leverage your existing PayPal balance or linked accounts. Keep in mind that not all exchanges offer this feature, so you’ll need to check their payment options.

Buying IoTeX with a Bank Transfer

For those who prefer traditional methods, a bank transfer is a reliable way to purchase IoTeX. While it may not be as fast as other methods, it often provides lower transaction fees.

Remember, it’s crucial to verify the security and credibility of the platform you choose to use for your IoTeX purchase, regardless of the payment method. Always check for any associated fees and processing times which can vary between services.

Keeping Your IoTeX Safe

Securing your IoTeX investments is crucial to protect them from cyber threats and unauthorized access. The type of wallet you choose for storing IoTeX plays a significant part in the security of your digital assets.

Software Wallets

Software wallets provide easy access to your IoTeX, making it convenient for daily transactions. Your private keys are stored on an internet-connected device, which could make them more vulnerable to hacking compared to other storage methods. Always go for reputable wallets that encrypt your data and offer two-factor authentication (2FA) for enhanced security.

Hardware Wallets

Hardware wallets, often referred to as cold storage, offer the highest security level for your IoTeX by storing your private keys offline. They resemble USB devices and they’re immune to computer viruses and remote hacking attempts, shielding your funds from online vulnerabilities. Remember that while hardware wallets come with an upfront cost, the investment can be well worth it to secure significant amounts of IoTeX.

Selling & Withdrawing IoTeX

When you’re ready to sell your IoTeX, you’ll find that it’s as straightforward as the buying process. Most cryptocurrency exchanges that list IOTX allow you to sell it for other cryptocurrencies or convert it into fiat currencies like USD or EUR. Exchanges typically offer a spot trading platform where you can set your own price or opt for an instant sale at the current market rate. Remember to consider the exchange’s fees and the potential spread on the price which might affect your returns.

For withdrawing funds, you’ll need to follow the exchange’s process to transfer your funds to your bank account. Withdrawal times can vary based on your location, chosen withdrawal method, and the policies of the exchange. Some platforms provide a direct bank transfer, while others may offer withdrawal through third-party payment processors. Before withdrawing, ensure that you have completed all necessary identity verification steps to avoid delays.

If you’re opting to move your IoTeX tokens to another wallet instead of selling, secure the recipient address by double-checking to prevent potential loss of funds. Transferring IoTeX to an external wallet typically involves a network fee, which fluctuates based on network congestion.

Using decentralized exchanges (DEXs), you can trade your IOTX for other tokens on the same chain without withdrawing to a centralized platform. DEXs can offer increased privacy and control but may present a steeper learning curve for newcomers. Withdrawing your funds becomes a personal management task, demanding careful attention to secure your assets properly.

Is IoTeX a Good Investment?

Investing in IoTeX can be considered for several compelling reasons. IoTeX’s innovative approach to IoT has garnered attention from both investors and industry experts. With its high transaction speed and scalability, IoTeX stands out in the fast-growing IoT market. Its privacy features ensure data integrity, a crucial factor as users become more privacy-conscious.

The Roll-DPoS consensus mechanism is energy-efficient, addressing environmental concerns commonly associated with blockchain technology. This unique selling point could drive wider adoption and increase demand for IOTX tokens. A look at the partnerships and collaborations IoTeX has secured indicates the platform’s potential for industry integration.

Market volatility is, however, a factor to consider, as with any cryptocurrency investment. Despite fluctuations, IoTeX’s market performance has shown resilience, with its price recovering and even growing over time.

It’s vital to analyze market trends and perform due diligence before investing. Ensure you’re informed about the platform’s latest developments and community sentiment.

Remember that investing in cryptocurrency involves risk, just like any investment. Diversifying your portfolio could help mitigate potential risks associated with IoTeX investments.

Always prioritize security when handling IoT tokens. Secure storage of your cryptocurrency is essential in preventing unauthorized access to your assets.

IoTeX Price Predictions

When looking into IoTeX price predictions, it’s key to remember that the crypto market is highly volatile. Experts’ forecasts can swing widely due to numerous influencing factors. Historical trends suggest IoTeX could potentially rise as IoT becomes more pervasive. Digital coin adoption and the integration of IoT in various sectors are pivotal drivers of IOTX’s valuation.

Tech advancements and strategic partnerships play a crucial role in price momentum. IoTeX’s collaborations with established IoT companies could foster trust and increase token demand. Analysts often use technical analysis to predict cryptocurrency behavior; however, with emerging technology like IoTeX, fundamental analysis is equally significant.

Market sentiment and investor perception are also influential. A positive outlook in blockchain and IoT industries could boost IoTeX prices. Refer to the latest technical analysis charts for short-term price movements.

Diverse scenarios in predictive models highlight the uncertainty inherent to cryptocurrency investments. Your research should encompass a variety of models and market indicators. Remember to stay updated with IoTeX news as announcements can prompt immediate price changes.

Keep in mind that price predictions are speculative. Always conduct your due diligence before investing.

Additional Info

You’ve delved into the intricacies of IoTeX and its quest to revolutionize the IoT space with blockchain technology. You’ve seen how its robust privacy features, high transaction speed, and energy-efficient consensus mechanism set it apart. As you weigh the potential of IOTX in your investment portfolio, remember the importance of market research and security. With its forward-thinking approach and strategic expansions, IoTeX stands out as a promising blockchain contender in the IoT industry. Keep an eye on tech developments and partnership announcements, as these could significantly sway IoTeX’s market standing. Stay informed, stay cautious, and you might just find IoTeX to be a valuable addition to your crypto ventures.

IoTeX (IOTX)
Price
$0.078463427045728
24h Change
1.4
7d Change
14.3