IoTeX (IOTX) Trading 1.5% Higher This Week

IoTeX (IOTX) traded 2.8% higher against the dollar during the 1-day period ending at 14:00 PM E.T. on August 19th. In the last week, IoTeX has traded up 1.5% against the dollar. One IoTeX coin can now be purchased for approximately $0.0346 or 0.00000059 BTC on cryptocurrency exchanges. IoTeX has a market capitalization of $326.95 million and approximately $14.06 million worth of IoTeX was traded on exchanges in the last day.

Here’s how other 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4.2% higher against the dollar and now trades at $0.0142 or 0.00000024 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

IoTeX Coin Profile

IoTeX (IOTX) uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,378,617 coins and its circulating supply is 9,441,378,612 coins. The official message board for IoTeX is iotex.io/blog. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. The official website for IoTeX is www.iotex.io.

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 US dollars. Investors seeking to acquire IoTeX should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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