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IOTA (IOTA)

€ 0,37457

16,61 % € 0,06222
24h 1w 1m 1y All

IOTA Price in Euros

(IOTA to EUR)

€ 0,37457

IOTA Volume

(24h)

€ 5.52 M

Market Cap

(IOTA)

€401.93 M
BTC

What is IOTA

IOTA is a cryptocurrency and distributed ledger created for IoT or Internet of Things transactions. It is open-sourced and uses a blockchain platform known as Tangle, which adopts the DAG (Directed Acrylic Graphs) mathematical concept.

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How does IOTA work?

Instead of using miners in validating transactions, the IOTA system requires all of its users who enter into new transactions to carry out PoW or proof-of-work and give their approval to two prior transactions. These transactions, therefore, are often given for free - no fees - and pave the way for microtransactions as well.

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How to buy IOTA?

IOTA coins or tokens, alternatively called MIOTA, are easy to find as they are available for purchase on crypto exchange networks like Coinmerce. You can pay using your credit card or any other payment method of your preference; however, you have to create an account and sign up first.

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How to buy IOTA?

You want to buy IOTA? You can buy IOTA using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see IOTA, use the search function to search for IOTA and click on the name. You can indicate for how many euros you want to buy IOTA in the right window. Below is shown how much IOTA you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy IOTA when the price of IOTA reaches your entered value. You can also execute a repeating order. Do you want to buy IOTA with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive IOTA.

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About IOTA

Dominik Schiener, David Sonstebo, Serguei Popov, and Sergey Ivancheglo banded together to form IOTA in 2015. Before going live in 2016, the network had a virtual public crowdsale or initial coin offering (ICO) that collected funding worth around $500,000. Different digital currencies were used to buy the IOTA value token during the event. IOTA’s market value soared to greater heights in the years that follow, passing the $14 billion mark at some point. IOTA is managed by the IOTA Foundation, which was formed in 2017 after token investors each pitched in a certain percentage of the token’s total supply. The foundation’s goal is to promote distributed ledgers and blockchain technology. The initial goal of IOTA is to build a payment system capable of facilitating scalable transactions in a convenient, faster, cheaper, and more secure manner. Its transactions are not limited to the financial kind; it also facilitates data transfers or movements.

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Video Video
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Founder David Sønstebø
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Founder Dominik Schiener
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Founder NA
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Founder NA
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Founded 2015
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Industry Internet of Things
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Website Website
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Network IOTA
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Location Germany
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Rank 75
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Market Cap 401.93 M
euro
Trading volume 5.52 M
euro
Maximum coins 4.6 B
euro
Circulating 2.78 B
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