When IoTeX was founded in 2017 as an open-source project, its goal was to strengthen the open economy for machines.
What Is IoTeX [IOTX]?
Smart home devices to self-driving cars are all served by IoTeX, a decentralized backbone for machine economics.
A Step-by-Step Guide to Purchasing IoTeX [IOTX] Quickly
Step 1: Create An Account
To buy IOTX 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 IOTX
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to IOTX cryptocurrency. Then, purchase a wallet and store your IOTX coins in your wallet to secure them and trade them whenever you need them.
How To Purchase IoTeX (IOTX) Using A Variety Of Methods?
Purchasing IoTeX 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 stIOTX 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 IoTeX [IOTX] 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 IoTeX.
Take the following stIOTX:
- Purchase Bitcoin or Ethereum from a reputable exchange.
- Transfer Bitcoin or Ethereum to a cryptocurrency exchange that accepts IoTeX.
- Finally, convert your Bitcoin or Ethereum into IoTeX.
How To Buy IoTeX [IOTX] Using PayPal?
You can also choose Paypal Method to purchase IOTX coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy IOTX 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 IOTX.
How To Buy IoTeX [IOTX] Using eWallets (Skrill, Neteller)
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as IOTX. 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 IoTeX [IOTX] Using a Bank Wire
The cheapest way to purchase IOTX 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 IoTeX [IOTX] Using Payoneer?
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase IoTeX. 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 IOTX.
What are the security measures are taken by this system?
One of IoTeX’s primary goals is to protect the privacy of its customers and transactions. Ring signatures and a payment symbol that hides the recipient’s address are two examples.
What is the average number of circulation of IoTeX [IOTX]?
Currently, there are 9,644,304,442 IOTX in circulation, with a maximum quantity of 10,000,000,000 IOTX set for March 2021.