IoTeX Reaches 24-Hour Trading Volume of $6.88 Million (IOTX)

IoTeX (IOTX) traded 1.8% higher against the US dollar during the 1-day period ending at 21:00 PM E.T. on October 27th. One IoTeX coin can currently be bought for about $0.0386 or 0.00000057 BTC on popular exchanges. In the last seven days, IoTeX has traded down 10.5% against the US dollar. IoTeX has a market capitalization of $364.02 million and approximately $6.88 million worth of IoTeX was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1.5% against the dollar and now trades at $67,954.27 or 1.00248601 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.4% against the dollar and now trades at $67,871.89 or 1.00127062 BTC.

IoTeX Profile

IoTeX uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,372,459 coins and its circulating supply is 9,441,372,454 coins. IoTeX’s official website is www.iotex.io. 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. IoTeX’s official message board is iotex.io/blog.

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 presently possible to purchase alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to trade IoTeX should first purchase 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 purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView