IoTeX Tops 24 Hour Trading Volume of $6.94 Million (IOTX)

IoTeX (IOTX) traded 5.8% lower against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on September 16th. In the last week, IoTeX has traded up 3.4% against the US dollar. One IoTeX coin can now be purchased for about $0.0337 or 0.00000058 BTC on popular cryptocurrency exchanges. IoTeX has a market capitalization of $318.27 million and approximately $6.94 million worth of IoTeX was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.3% lower against the dollar and now trades at $0.0454 or 0.00000078 BTC.

IoTeX Profile

IoTeX uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,372,459 coins and its circulating supply is 9,441,372,454 coins. The official website for IoTeX is www.iotex.io. IoTeX’s official message board is iotex.io/blog. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

It is usually not currently possible to buy alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to acquire IoTeX should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView