IOTA (MIOTA) exchanges comparison: buy, sell, swap
IOTA (MIOTA) key market data:
- type: Cryptocurrency
- consensus: custom, "Fast Probabilistic Consensus"
- market cap: $3,596,812,627
- market rank: #53
- supply total: 2,779,530,283
- supply available: 2,779,530,283
- not mineable
- MIOTA/USD: $1.3
IOTA is a Cryptocurrency, the network powered by Custom (consensus mechanism based on original technology) algorithm. The original software was developed by David Sonstebo, Sergey Ivancheglo, Dominik Schiener, Dr. Serguei Popov and first released November 27th, 2015. Nowadays the cryptocurrency is managed by the IOTΛ Foundation, an organization based in the DE. IOTA is aiming to serve the IoT industry, among the other use cases. The official IOTA website is https://www.iota.org.
As of today, October 20th, 2021, out of totally available 2,779,530,283 MIOTA, 2,779,530,283 are in circulation. It's not possible to mine iotas. The total market capitalization of iota is $3,596,812,627, the rank among other cryptocurrencies (based on the capitalization) is #53. The current rate of 1 MIOTA is $1.3 USD. There are two currency codes for IOTA: MIOTA and IOTA, the first one is used more often.
IOTA builds a permissionless distributed ledger for a new economy: a technology to power the future of the Internet of Things (IoT) with comissionless microtransactions and data exchange integrity. IOTA network is built on a new data structure, called Tangle; it's based on the Direct Acyclic Graph and there is no need in miners and even blocks. The distributed ledger does not group transactions into blocks and doesn't store the data in sequential chains: Tangle, a stream of individual transactions entangled together is used instead of the blockchain technology.
All the transactions in IOTA require zero fees: in order to be able to send a transfer, a participant needs to validate two third party transactions. There is no financial reward for the process of transaction confirmation; the reward is a possibility to send your own funds commission-free. From the technical point of view, the validation is realized by allowing the wallet software to do some computational work: unlike PoW mining, the system requirements are very modest, the software was designed for tiny devices like sensors, etc. and even allows offline transactions. There is no hierarchy of roles and responsibilities, every user is a node of the network of equal peers.
IOTA uses its native token, IOTA token. "Iota" is the name of the smallest letter in the Greek alphabet, hence the IOTA is the smallest unit; names of the larger ones are created by adding prefixes like "mega-", etc to the "iota" word. One million iotas are called a MegaIota or Miota (Mi; MIOTA), currently, it's the base unit used for trading on cryptocurrency exchanges.
- The native IOTA token does not support smart contracts, although a separate token built on top of the Tangle for this purpose: TOQEN is basically a blockchain with its own token (TQN).
- The IOTA Foundation is the first regulated non-profit (original language name is "gemeinnützige Stiftung") in Germany, funded exclusively by cryptocurrencies.
- As the first use case of the network, IOTA launched a public marketplace https://data.iota.org/ for data generated by 3rd party sensors to monetize the exploding market for 2.5 quintillion bytes of data being generated daily and growing exponentially; both individuals and corporations are welcome to use the marketplace. The project attracted the attention of such "big players" as Microsoft, Deutsche Telekom, Cisco, Fujitsu, etc.
Top IOTA exchanges
IOTA is currently supported by 10% of exchanges (2 of 20) currently having active orders at ExchangeRates.Pro: 1 Exchange Brokers, 1 Trading Platforms have offers, allowing you to buy and sell IOTA. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Top MIOTA exchanges to buy/sell in United States
Sorry, at the moment there are no active exchanges with live offers to buy/sell IOTA with fiat currencies in United States. Our teams tries our best to add some ASAP!
Where to buy MIOTA
Are you looking for the best place to buy iotas? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell IOTA, based on your location and preferences.
Where to swap MIOTA
Did you know that it's possible to exchange MIOTA to 28 other cryptocurrencies? It's possible to convert IOTA to/from 57% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 32 swap possibilities with MIOTA and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap MIOTA with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:
- Bitcoin (BTC): that's a popular Cryptocurrency. There are 2 proposals (1 allow to convert from BTC to MIOTA and 1 that are converting in opposite direction.
- Tether (USDT): that's a popular Stablecoin. There are 2 proposals (1 allow to convert from MIOTA to USDT and 1 that are converting in opposite direction.
- Binance Coin (BNB): that's a popular Cryptocurrency. There are 2 proposals (1 allow to convert from BNB to MIOTA and 1 that are converting in opposite direction.
- Ether (ETH): that's a popular Cryptocurrency. There are 2 proposals (1 allow to convert from ETH to MIOTA and 1 that are converting in opposite direction.
- Dogecoin (DOGE): that's a popular Cryptocurrency. There are 1 proposals (0 allow to convert from DOGE to MIOTA and 1 that are converting in opposite direction.
- Waves (WAVES): that's a popular Cryptocurrency. There are 1 proposals (1 allow to convert from MIOTA to WAVES and 0 that are converting in opposite direction.
- Monero (XMR): that's a popular Cryptocurrency. There are 1 proposals (1 allow to convert from MIOTA to XMR and 0 that are converting in opposite direction.
- Ripple (XRP): that's a popular Cryptocurrency. There are 1 proposals (1 allow to convert from MIOTA to XRP and 0 that are converting in opposite direction.
- TRON (TRX): that's a popular Cryptocurrency. There are 1 proposals (1 allow to convert from MIOTA to TRX and 0 that are converting in opposite direction.
- ICON (ICX): that's a popular Cryptocurrency. There are 1 proposals (0 allow to convert from ICX to MIOTA and 1 that are converting in opposite direction.
