How to buy IotaIota price live, chart, price analysis

Iota market live stats

  • iota
    IOTA (MIOTA)
  • Live Price
    $0.1524
  • 24h %
    4.40%
  • Market Cap
    $422.57 M
  • Volume
    $12.72 M
  • Available Supply
    2.78 B MIOTA
  • Rank
    24

Iota cryptocurrency – How to buy Iota 2019

IOTA cryptocurrency price live, market,charts, trading volumeIOTA, which stands for Internet of Things Application, is betting on the future of connected devices, as its name implies.

IOTA is a revolutionary new transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a new distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system.

Using IOTA, for the first time ever, people and machines can transfer money and/or data without any transaction fees in a trustless, permissionless, and decentralized environment.

This means that even nano-payments are possible without the need for a trusted intermediary of any kind.

In simple terms, IOTA doesn't use blockchain technology.

In fact, IOTA uses distributed ledger based technology termed as Tangle.

Which is developed to overcome the deficiencies of blockchain technology i.e. A transaction can be completed without a fee?

It can also execute a nano as well as a microtransaction efficiently. While maintaining the decentralized, anonymous and peer to peer characteristics of blockchain technology.

As the number of transactions grows over the internet due to more number of connected devices. Hence to settle transactions will require Micro and Nano payment structure.

IOTA will enable the micro and even nano-transactions due to the unique IOTA Tangle architecture.

The tangle ledger is able to settle transactions with zero fees.

Hence devices can trade exact amounts of resources on-demand, as well as store data from sensors and dataloggers securely and verified on the ledger.

IOTA uses authenticated communication channels between devices.

All data which is transferred through IOTA is fully authenticated and tamper-proof — making attacks impossible.

The IOTA Foundation is the Germany based non-profit organization behind the IOTA distributed ledger technology (DLT).

IOTA has already partnered with companies Cisco Systems Inc, Samsung Electronics Ltd, Innogy an energy company. These companies are playing a  major role in the development of IOTA technology and to increase its popularity.

IOTA market is expected to be more than $570 billion by 2020.

How to buy Iota 2020

There is numerous way to buy Iota. Below I have listed every single way to buy Iota in any part of the world with prominent payment methods.

How to buy Iota with credit & debit card instantly 2020.

There are multiple Iota exchange which allows buying Iota with credit & debit card directly.

1.Coinbase – One of the popular cryptocurrency exchange to buy coins with credit & debit card directly (especially for US users). Coinbase exchange supports 23 Cryptocurrencies. It charges 3.99% fee with a credit & debit card directly.

You can buy 1000$ worth Bitcoins just by setting up your account. For buying a higher amount you have to get KYC verified. Getting KYC verified is relatively easy. Submit your photo id card with phone number. Cryptocurrencies supported by the Coinbase are:-

  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin cash (BCH)
  • Ripple (XRP)
  • Dai
  • EOS
  • Stellar
  • Tezos
  • Ethereum Classic (ETC)
  • Maker (MKR)
  • Zcash
  • Chainlink
  • Ox
  • Algorand
  • Zilliqa
  • Augur (REP)
  • Basic Attention Token (BAT)
  • Golem
  • Decentraland
  • Loom Network
  • District Ox
  • Civic

 Receive 10$ sign-up bonus

2. Coinmama – High liquidity and buying limits. One of the worlds renowned and secure Cryptocurrency Exchange to buy crypto with credit & debit card instantly. Coinmama is the best choice for users who wanted to deal in a large amount. However, it comes with a little bit higher cost.

The coins prices listed on Coinmama website already include the Exchange brokerage service fee of 5.9%. On top of this buying with a credit & debit card costs 5% added fee. Hence you end up paying 10.9% more than the coin’s market price.

But the transaction is swift and secure. Before buying you have to get KYC verified. You have to submit a government-issued ID, a selfie holding that ID. After getting KYC verified you can buy coins worth thousands of dollars daily.

Cryptocurrencies available to buy with a credit & debit card are:-

  • Bitcoin
  • Ethereum
  • Ripple (XRP)
  • Litecoin
  • Bitcoin Cash (BCH)
  • Cardano (ADA)
  • Qtum (QTUM)
  • Ethereum Classic (ETC)

Read coinmama review – safest place to purchase bitcoin and altcoins

3. Cex.ioCex.io exchange is also a renowned exchange to buy coins with credit & debit card directly. Cex.io Exchange charge 7% buying fee. There is no other fee.

The high exchange rate listed on the Exchange already includes the service fee. It means If you buy coins worth 1000$. You will receive the coins worth 930$.

In order to get KYC verified, you need to provide your personal information with a government-issued id card. After getting KYC verified you can buy an unlimited amount of Bitcoins daily.

Coins supported by the exchange are:-

  • Bitcoin
  • Ethereum
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Bitcoin Gold (BTG)
  • Dash
  • Stellar (XLM)
  • Zcash
  • Gemini Dollar (GUSD)
  • Tron
  • Omise GO (OMG)
  • MetaHash (MHC) – MetaHash is only available for the deposits.

CEX.IO EXCHANGE REVIEW-5 COMPELLING REASONS TO TRADE AT CEX.IO

4. ChangellyBest Instant cryptocurrency exchange to buy Iota with a credit & debit card instantly. Changelly supports more than 200 coins. Changelly charges a 5% fee.

You can buy Iota directly without submitting your personal information. Just attach your Credit or debit card and receive coins instantly to your wallet.

Sign up now

5. BinanceBinance has recently started service to buy Iota with credit & debit card via simplex. Binance is a leading cryptocurrency trading platform in the industry. The exchange supports more than 1300 cryptocurrencies and thousands of trading pairs.

Although there is no KYC required for trading at Binance but to buy Iota with a credit card you have to provide your personal information.

The same is true for the fee. There is a low trading fee on the Exchange. But to buy Iota with credit & debit card you have to pay 5% to 10% fee of the total buying amount.

Sign up now

BINANCE EXCHANGE REVIEW: 5 REASONS TO TRADE AT BINANCE IN 2020

6. Local Bitcoins – Local Bitcoins is world’s best p2p exchange. User can buy bitcoin with any payment method possible, using any fiat currency, and in any part of the world. On top of this, You don’t need to provide any personal information to buy bitcoin from the exchange. Local bitcoins charge 1% transaction fee with both seller and buyer.

How to buy Iota at Local Bitcoins

First, you buy Bitcoin with debit & credit card. Then, you can exchange Bitcoin with Iota on the Localbitcoins itself.

Or you can transfer the Bitcoin to the Binance exchange and trade Bitcoin for Iota. Binance charge no deposit fee and a significantly low trading fee.

Signup Now

7. Paxful exchange is another P2P exchange which provides the same platform as Localbitcoins.

8. Exmo exchange Exmo is a British cryptocurrency exchange which allows buying more than 30 altcoins with Visa and Mastercard.

Exmo supports 6 Fiat currency USD, EUR, RUB (Russian Ruble), PLN (Polish Zloty), UAH (Ukranian Hryvnia), TRY (Turkish Lira)

Below are the Crypto you can buy with Visa and Mastercard at Exmo

BTC, BCH(Bitcoin Cash), ETH, ETC(Ethereum Classic), XRP(Ripple), KICK (Kick Coin), DASH, WAVES, ZEC, Monero( XMR), Litecoin(LTC), DOGE, USDT, Stellar(XLM), Cardano(ADA), INK, BTCZ(BitcoinZ), DXT(Data Wallet), MNX(Minex Coin), OMG(Omise Go), Golem(GLN), ZRX (Ox), MNC(Main Coin), GAS, GUSD(Gemini Dollar), BTG(Bitcoin Gold), LSK(Lisk), DAI, MKR (Maker), PTI (Paytomat), USDC, ETZ (Ether Cash), HB(Heart Bout), SMART(Smart Cash), ATMCASH, DCR(Decred), ETZ(Ether Zero)

Other than Visa and Mastercard Exmo support more than 50 payment methods.

Signup Now

How to buy Iota with Paypal directly

1. The best way to buy Iota with PayPal (Indirectly)

First, buy bitcoin with PayPal at Localbitcoins directly. Then transfer Bitcoin to Binance. Subsequently, trade Bitcoin with Iota.

2. Paxful is another exchange where you can buy Iota with PayPal indirectly.

Follow the same process as above

How to buy Iota with Cash

1. Coinmama exchange is one of the few exchanges which allows buying supported cryptocurrencies with cash directly.

2. As mentioned above, the best way to buy Iota with cash is to first buy bitcoin with Cash at LocalBitcoins exchange.

Then, transfer Bitcoin to Binance. Next, exchange Bitcoin with Iota.

Later, withdraw Iota to the Iota wallet.

Buy Iota with Payza, Neteller, Skrill

The best way to buy Iota with Payza, Neteller Skrill is to buy indirectly.

Follow the same process I mentioned above.

First, buy Bitcoin with Payza, Neteller or Skrill at Localbitcoins exchange.

Next transfer Bitcoin to Binance. Thus trade Iota with Bitcoin.

How to buy Iota with Bank transfer (SEPA, SWIFT)

Cex.io, Coinmama, Exmo are few exchanges which allow buying supported cryptocurrency with Bank transfer and SEPA (European Customers) directly

Secondly, As I mentioned above LocalBitcoins exchange can always be used to buy Iota with every possible payment method in any part of the world (indirectly).

First, buy Bitcoin with preferential payment method. Then transfer Bitcoin to Binance and Trade bitcoin with Iota. Subsequently, withdraw Iota to the supported wallet.

Iota price converter and calculator

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