Everything you need to know about $IOTX

Current price: $ fetching data...

Contract Address: 0xbcbaf311cec8a4eac0430193a528d9ff27ae38c1

Ticker: $IOTX

Blockchain Network: Base

Apr 9, 2024

What is $IOTX?

IoTeX (IOTX) is a token that's all about connecting the dots in the Internet of Things (IoT) world. It's like the glue that brings humans and machines together in a decentralized playground, ensuring trust, privacy, and free will are the name of the game.

Think of IoTeX as the life force of the Decentralized Physical Infrastructure Network (DePIN). It governs the IoTeX network, setting the gold standard for the DePIN sector. With IOTX, you can govern, transact, and help strengthen the IoTeX network while thriving in the process.

But wait, there's more! IoTeX has a deflationary token thanks to its Burn-Drop tokenomics. For every new device registered to IoTeX, IOTX is burned and airdropped to long-term stakeholders. It's like a token bonfire that keeps the network growing and benefits token holders.

So, whether you're a tech-savvy human looking to interact with machines in a decentralized way or a machine looking to connect with humans, IoTeX and its IOTX token have got you covered. Just remember, with great power comes great responsibility... and a dash of humor!

View $IOTX's price below. This chart visualizes the current price of $IOTX to the US dollar.

Here's a step by step guide on how you can buy $IOTX.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $IOTX to trade.

Once you have money in your trade balance, you can click trade.

Select $IOTX

*Token prices in the screenshots below are outdated*

Step 4: Buy $IOTX.

Once you select $IOTX, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $IOTX whenever you want.

Whenever you're ready to sell, you can sell $IOTX and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $IOTX as a crypto beginner, you can follow these steps:

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $IOTX as a crypto beginner, you can follow these steps:

1.Get a crypto wallet: You'll need a cryptocurrency wallet to store your IOTX tokens. There are many options available, such as Coinbase Wallet, MetaMask, or Trust Wallet. Make sure to choose a wallet that supports IoTeX (IOTX) and the Base Chain.

2. Buy Ethereum (ETH) or USDC: You'll need to buy Ethereum (ETH). You can buy these cryptocurrencies on popular exchanges like Coinbase, Binance, or Kraken.

3. Transfer ETH or USDC to your wallet: Once you've bought ETH or USDC, transfer them to your crypto wallet. Make sure to use the correct wallet address and network (Base Chain for IOTX).

4. Use a decentralized exchange (DEX): To buy IOTX, you'll need to use a decentralized exchange that supports the Base Chain. One popular option is Uniswap.

5. Connect your wallet to the DEX: Connect your crypto wallet to Uniswap or the DEX of your choice.

6. Swap ETH or USDC for IOTX: On the DEX, select the ETH or USDC trading pair with IOTX. Enter the amount of ETH or USDC you want to swap for IOTX, and confirm the transaction.

7. Store your IOTX token: After the swap is complete, your IOTX tokens will be stored in your crypto wallet. Make sure to keep your wallet safe and secure. Remember to do your own research and exercise caution when investing in cryptocurrencies. The crypto market is highly volatile, and prices can fluctuate rapidly.

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