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, July 29th, 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 $2,316,431,323, the rank among other cryptocurrencies (based on the capitalization) is #50. The current rate of 1 MIOTA is $0.83 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.
IOTA is currently supported by 6% of exchanges (1 of 18) currently having active orders at ExchangeRates.Pro: 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!
There are some worthy and undoubtedly good, trusted exchanges among the ones with MIOTA support. One of them, Binance trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging IOTA. The service is extraordinarily fine, very few of the rest 326 exchanges and 14 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Binance an ideal trading platform for buying, selling and exchanging MIOTA in United States:
BINANCE is a Trading Platform; Binance Europe Services (dba Binance) had started the project back in April 2017. The company is incorporated in the Malta and headquartered in Ta’Xbiex. The official street address of Binance is Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 47 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTG, BTT, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX.
The customers are welcome to buy and sell coins and tokens with 45 national aka fiat currencies: AED, AUD, AZN, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, SGD, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR. Totally 9 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, binance.com is offering some other services, that could be interesting for crypto-users, like Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace, NFT Marketplace. Impressive, right? The features that our users enjoy the most out of this wonderful platform:
Binance currently provides 1 ways of purchase and sale IOTAs in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:
Buying and selling with fiat aside, there are 1 cryptocoins and tokens exchangeable with MIOTA: BTC can be converted to IOTA and vice versa any time you please.
Our own examination and the analysis of a community vote concludes this trading platform stands out from the competition. Hence we award Binance with a special status: the best Trading Platform in North America! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 327 exchange websites and apps! Summing up, both together our algorithms and the actual users choosing Binance as one of the most trusted, convenient and credible services operating in North America. It surely deserves a try!
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap miota with fiat (national) currencies. Here are the top exchanges to buy and sell iotas in United States:
Sorry, at the moment there are no active exchanges with live offers to buy/sell/swap IOTA. Our teams tries our best to add some ASAP!
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.
We've compared a lot of offers to find the top ones; right now we have 2 ways for you to purchase iota available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay from United States, the ones that will surely be good for this country are a little bit above. The top popular ways to purchase IOTA crypto:
Even the greatest MIOTA HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell iotas to US Dollar and 151 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
Sometimes you may need to transfer the money to another country. If you are holding IOTA, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 23 options to out-exchange the miota to fiat; the most frequently used banks, money transfer operators and global payment systems are:
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: