#BUY IOTA COIN HOW TO#
#BUY IOTA COIN CODE#

This is the reason why it may be difficult to find places to buy IOTA with PayPal. Although PayPal enjoys widespread use amongst consumers, due to the high costs for the merchant it is generally avoided by traders with very thin margins, such as exchange or trading platforms. PayPal offers a fast, convenient, and safe method of transferring money, which is why it is so popular worldwide. Other reputable platforms which allow you to buy IOTA using a credit or debit card include: It should be noted that these instruments are considered as high-risk investments and should only be traded by investors who understand the associated risks. These advanced financial instruments allow you to benefit from the price movements of an asset, such as IOTA, without having to physically purchase or store it. Unlike ChangeNOW, AvaTrade is not a cryptocurrency exchange, but a trading platform which allows you to buy IOTA Contracts for Difference (CFD). Apart from IOTA, ChangeNOW offers over 170 different cryptocurrencies.ĪvaTrade is another platform which allows you to use a card to make payments in relation to IOTA. The platform is designed to be extremely easy to use, even for novice users, and prides itself on being amongst the fastest in the industry. While most platforms normally only accept a few different currencies, using a card to make payments allows you to use virtually any recognized currency, since your card issuer would automatically exchange its currency into the specific platform’s supported currency.ĬhangeNOW is an example of a cryptocurrency exchange which allows you to buy IOTA by using a credit or debit card. Several reputable cryptocurrency exchanges and trading platforms allow you to use cards to effect deposits or payments. Using a credit or debit card is a popular and convenient way to get hold of the digital coin since the process is usually instant and almost always free.

#BUY IOTA COIN HOW TO#

Now that you have understood how to buy IOTA, let’s look at the different ways to pay for it. Unlike other top cryptocurrencies, IOTA’s price is relatively stable, with its highest ever price reaching $5.69 and its lowest ever price reaching approximately $0.15.

#BUY IOTA COIN CODE#

In most exchanges, you will find the IOTA currency marked as MIOTA, which is the code associated with the currency. If you would like instructions for a specific platform we recommend checking out our detailed cryptocurrency exchange reviews. The above steps on how to buy IOTA might differ from one exchange to another.

The exchange should deposit your new IOTA coins into your account as soon as the funds are received or shortly afterwards.

Fund your account or provide the necessary currency to affect the exchange.

Select the amount of IOTA or original currency you wish to exchange.

Choose one of the payment methods (such as card, bank transfer or cash) accepted by the platform.

Generally, the process of buying this coin involves the following steps: IOTA is a major cryptocurrency that is traded in a variety of online platforms and exchanges. This guide will explain how to buy IOTA as well as other ways to benefit from the coin’s value without owning it. Since mining IOTA is technically impossible because all coins were distributed during its launch, the only way you can get hold of the coin is by buying it. In fact, several major corporations, including Microsoft, Fujitsu, and Samsung have set up a data marketplace using IOTA technology.

Nevertheless, the coin maintains the promise to revolutionize the way we interact with one another and with our devices. In 2017 IOTA was the fourth-largest cryptocurrency by market capitalization, but today it has fallen to 16th place according to CoinMarketCap. You can invest in IOTA on the following CFD trading platform:

Buy iota coin