What Is IOTA?
In 2017, IOTA came into the market as a cryptocurrency with the primary goal of introducing its blockchain capabilities to the internet of things. In other words, IOTA was designed from the very start to maximize the power latent in the internet of things. It enables secure sales and data stream exchanges that do not have transaction fees or require miners to maintain operations. Every day the world marches towards a fully functional machine-to-machine interactive ecosystem. IOTA has sidestepped the highest hurdles to this world, such as mining expenses, scalability problems, and slow transaction speeds. These are the reasons why IOTA is going up today.
How to Buy IOTA on ChangeNOW
On today’s cryptocurrency market, there are many exchanges where you can purchase IOTA as the coin is quite popular. Binance, Bittrex, and other exchanges are available to buy or sell IOTA. However, we recommend you using ChangeNOW cryptocurrency exchange as we offer a very simple, secure, and user-friendly service.
As a non-custodial service, we do not store any of your funds -so you have full control over your assets. Also, ChangeNOW does not require any form of account creation, which is crucial to ensure your security and anonymity. Since there is no personal information stored on the platform, data leaks of this kind are simply impossible.
A major advantage of ChangeNOW is that an average exchange takes you no more than 5 minutes. Special algorithms pick the best rate available on the market at the time of the exchange for the trading pairs of your choice, so you don’t have to worry you have missed an opportunity to exchange IOTA with better rates.
ChangeNOW Buying Guide for IOTA
Here’s your IOTA cryptocurrency how to buy on ChangeNOW guide:
Step 1. From the homepage, choose a currency and enter the purchase amount, your IOTA coins will be automatically calculated. Press on the Buy button.
Step 2. Enter the address where you would like to receive your IOTA coins. In case you don’t have a crypto wallet yet, create one with one of the parter services of ChangeNOW.
Step 3. Double-check your information, then click Confirm.
Step 4. Complete the purchasing process, and you will receive your coins in a few minutes.
Buy IOTA with Credit or Debit Card
You can always buy IOTA with credit card on ChangeNOW. This option is provided by our partner fiat provider, Simplex. Buying IOTA with fiat currency will require you a quick registration. The exchange will be performed rapidly and securely. Buying IOTA with any other cryptocurrency is always registration-free on ChangeNOW.
How to buy IOTA on eToro?
Go to the registration page of eToro IOTA trading site to see if it’s a good time to buy IOTA. The signup procedure is laid out on that page, and all you have to do is follow the instructions. First, you need to enter your name, password, username, email, and phone number. You then have to accept the terms of policy and the terms of service, and simply click on the indicated button to finish creating an account. An email will be sent to you to verify or confirm the email. The account will be verified once you click on the link sent to your email.
To complete your profile enter your details. Verification information plays a significant role in keeping your account safe. Enter all the details carefully and double check before saving it. In this way, complete your profile and proceed to the next step.
The account requires a minimum of $200 initial deposit. This platform offers a variety of payment methods. After depositing the money, you can buy and sell IOTA to your heart’s content. Be sure to know the financial risks associated with trading crypto.
Why ChangeNOW is The Best Choise
The list of cryptocurrencies gets longer every day. On ChangeNOW you will be provided with real time crypto pricing optimal for IOTA trading and over 190 cryptos you can buy IOTA with.
As a non-custodial service, ChangeNOW does not store any funds of its customers – the users have full control over their assets. Also, ChangeNOW does not require any form of account creation, which is vital to ensure the security and anonymity of the customers. Since there is no personal information stored on the platform, data breaches of this kind are of a zero possibility.
Being the best platform to trade IOTA, ChangeNOW strives for maximum safety, simplicity, and convenience. The service has more than 190 coins available for exchange and does not hold any limits on trade. Users can easily exchange as much as they want irrespective of how high could IOTA go, including Bitcoin (BTC) and Ethereum (ETH) to IOTA exchange. The fiat option is also available – you can buy cryptocurrency with Visa or MasterCard through a third-party partner. A major advantage of ChangeNOW is that investing in IOTA coin takes only an average of about 5 minutes to complete a transaction, without long verification process. Special algorithms pick the best rate available on the market at the time of the exchange, ensuring customer satisfaction on every trade.
Besides the reliable platform, the customer support team of ChangeNOW is definitely worth mentioning. ChangeNOW is known to solve some of the trickiest crypto exchange cases. This attention to detail and efficiency can certainly indicate the great quality of the services provided by ChangeNOW.
How to Store IOTA? How to get IOTA wallet?
Getting a IOTA crypto wallet is not a complicated thing to do. To learn how to secure IOTA, consider using any of the following wallets for IOTA:
This was the first IOTA wallet on the market and it is still the best for storing your coins. It provides both mobile and desktop wallets for storing your IOTA MIOTA coins, and the wallet interface is easy to use as it was designed with IOTA tokens in mind. This makes it the ideal wallet for beginner investors. IOTA Trinity wallet provides a high level of security using seed encryption. It is not compatible with another cryptocurrency like Bitcoin since it offers market watch features, allowing you to monitor the exchange rates of the currencies in real time.
Trinity wallet is also available for both IOS and IOTA Android users as a mobile wallet and it is compatible with Windows, Linux, and Mac on desktops. When using this wallet, make sure to have a knowledge of basic security concerns so you be sure your coins are stored safely.
This is another great IOTA App wallet for beginners. It is easy to use and it is an open-source IOTA desktop wallet. Anyone can go through the easy steps to set up GUI Light. After installing the GUI view, users are required to choose one of two options, either the full node wallet or the light node wallet.
Full Node vs Light Node IOTA
For simple actions such as storing, sending, and receiving IOTA, beginners can use the light node wallet. The full node wallet type is advised to use for users who have gained experience or have the required technical expertise. This is one of the best wallets IOTA has. If you are looking for an IOTA download wallet to store your coins, just give it a try. It offers top security level for your coins.
Ledger Nano S
This is a hard wallet for IOTA usable for most cryptocurrencies on the market. It has optimal security as it secures your coins even while offline. Ledger Nano S keeps your funds fully protected in the face of any type of security threat that may arise. Ledger Nano S wallet is the most trusted wallet by most professional traders. It secures any amount of funds, and completes transactions at lightning speed.
Purchasing IOTA tokens is considered by some experts a smart investment. However, it is important to have a basic knowledge of how the trading game works to properly succeed in the business. Additionally, gaining knowledge of the IOTA cryptocurrency price forecast will put you in a great position to trade for profit.
To learn more about IOTA how does it work, where is IOTA going, IOTA currency predictions, and to find out is it a good time to buy IOTA, see the corresponding articles in our blog.