With its own nodes, wallets, and a “next-generation” consensus process called “proof-of-believability,” IOST claims to be an “ultra-fast, fully-fledged, and autonomous blockchain network and ecosystem.”
What Is IOST [IOST]?
It is hoped that the open-source blockchain architecture developed by IOST would serve as the foundation for online projects in the market.
A Step-by-Step Guide to Purchasing IOST [IOST] Quickly
Step 1: Create An Account
To buy IOST coins, you have to choose an exchange that is trustworthy and reliable. Then create an account on that exchange. We would recommend Binance or Coinbase crypto exchange platforms on which you can exchange your favorite cryptocurrencies. On the signup page, fill in all your personal information and secure your account with a password.
Step 2. Deposit Money
After creating an account, you have to fund it. You can choose any payment method such as credit/debit card, Paypal, bank transfer, etc. We would prefer that you start with a little initial investment.
Step 3: Purchase IOST
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to IOST cryptocurrency. Then, purchase a wallet and store your IOST coins in your wallet to secure them and trade them whenever you need them.
How To Purchase IOST (IOST) Using A Variety Of Methods?
Purchasing IOST is fairly simple these days. You may pay with cash, a credit card, or even PayPal if you choose. However, you must still take a few stIOST to complete it – which is why we created this simple guide for you! It is divided into sections; simply follow the one that corresponds to your mode of purchasing.
How to Buy IOST [IOST] Using a Credit Card or Debit Card?
Your initial step will always be to purchase Bitcoins or Ethereum using a credit card. After that, they can be converted to IOST.
Take the following stIOST:
- Purchase Bitcoin or Ethereum from a reputable exchange.
- Transfer Bitcoin or Ethereum to a cryptocurrency exchange that accepts IOST.
- Finally, convert your Bitcoin or Ethereum into IOST.
How To Buy IOST [IOST] Using PayPal?
You can also choose Paypal Method to purchase IOST coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy IOST directly with fiat money. You have to make a purchase of Bitcoin or Ethereum from any exchange of your choice. Then, you can transfer your BTC coins to IOST.
How To Buy IOST [IOST] Using eWallets (Skrill, Neteller)
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as IOST. Skrill is a worldwide payment system that allows users to immediately deposit or transfer payments. Skrill serves over 200 nations around the world and allows users to transfer money in over 40 currencies, making it one of the simplest methods to purchase bitcoin (BTC) globally.
How To Buy IOST [IOST] Using a Bank Wire
The cheapest way to purchase IOST is through a bank transfer method. Millions of people feel comfortable buying cryptocurrencies using the bank transfer method. The transaction fee is very low that everyone can afford. however, it might be time-consuming. If we compare the bank transfer method with other methods, then we would come to know that buying with a credit/debit card is the quickest option but it will be an expensive method.
How to Buy IOST [IOST] Using Payoneer?
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase IOST. Choose Payoneer as your payment method, enter the number of bitcoins you want to buy, choose your desired currency, and then click Find offers. Examine the many Bitcoin providers and select the one that offers you the best price. After that, you may exchange your Bitcoins BTC for IOST.
What are the security measures are taken by this system?
When it comes to securing and scaling its blockchain, IOST relies primarily on its proof-of-believability (PoB) protocol and efficient mechanism sharding (EDS).
What is the average number of circulation of IOST [IOST]?
The total supply of IOST tokens is 21 billion.