IOTA is a new type of currency that was created in 2015. It has been designed to be used as an alternative for traditional currencies, such as Bitcoin and Ethereum. The main difference between these two cryptocurrencies is that they are based on different technologies: one uses blockchain technology while the other uses Tangle Technology.
IOTA is not just another cryptocurrency; instead, it’s a distributed ledger system that can handle transactions without central authority or intermediaries. This means that there will always only ever be 21 million coins available at all times. The price of this coin started very high but then dropped dramatically after its ICO. However, since 2017, the value of IOTA has increased significantly and now sits around $0.50 per coin.
How can I buy IOTA
You can purchase IOTA through exchanges like Binance, Coinbase, KuCoin etc.; however, if you want to avoid fees when trading with fiat money, we recommend using Changelly, which allows users to exchange crypto-to-crypto instantly.
You can also use our referral link to get up to 10% off your first order by signing up to CryptoExchange! When you decide to buy IOTA, make sure you do so from reputable sources. We have provided links below where you can find more information about purchasing IOTA safely. If you would prefer to learn how to trade IOTA yourself, check out our guide here.
IOTA accepts payments via PayPal. Once complete, click “Continue Shopping” and enter your email address and password into the next page. Click “Proceed” once again and select “PayPal”. In this case, you need to pay 0.0025 BTC to receive 1,000 MIOTA tokens.
You should note that PayPal charges transaction fees of 3%. Therefore, you may wish to consider paying with a credit card directly rather than PayPal.If you don’t already have a PayPal account, you’ll need to create one before transferring funds.
Buying IOTA with credit card
IOTA accepts payment via Visa and MasterCard cards. You must provide your full name, billing address, shipping address, phone number, email address, and country code. Once complete, click “continue shopping” and enter your details into the following pages. Click “proceed” and choose “Visa / Mastercard”.Enter your card’s expiry date and CVV3 security code. Select your preferred method of delivery.
Choose whether you’d like to ship internationally. Enter your message. Click “Submit Order”.Once completed, you will get a confirmation email containing a unique reference number. Please print this document and keep it safe until your package arrives. The total cost of your order will appear under the heading ‘Total Amount Due.To view the amount due, simply add together the amounts shown above.Please ensure that you send us the correct amount of IOTAs because otherwise, we won.’
We accept bank transfers for purchases made in USD. Your bank needs to support IBAN transfers as well as SWIFT transfers. For example, if you live in Australia, you might use an Australian bank like Westpac Banking Corporation. The process takes approximately five business days to clear. When sending a bank transfer, please include the following documents:
Your full name, mailing address, telephone number, email address, the currency used, and the amount sent. A copy of your ID. A scan of either your passport or driving license. For international orders, we require copies of both sides of your passport. This is required for KYC purposes.
Where to buy IOTA
There are many varous places online where you can purchase IOTA. However, some exchanges offer better prices than others. These sites all charge varying levels of commission on top of their exchange rates. Some of these websites allow users to deposit fiat currencies, while others only accept cryptocurrencies.
These sites include Coinbase, Bitfinex, Kraken, Binance, Poloniex, HitBTC, KuCoin, OKEx, Huobi Global, Gemini, CEX.IO, Gatehub, Coinmama, Changelly, LocalBitcoins, Paxful, ShapeShift, etc. The best place to start looking at which site offers the lowest price is our search engine.
The most important thing when purchasing any digital asset is to do your research first. Make sure you know what you’re getting yourself into. If you want to invest in something without doing proper research, then you could be wasting money. It is always a wise idea to get advice from people who’ve been there before, but ultimately, you need to make decisions based on your judgement.