IoTeX 1-Day Volume Hits $10.00 Million (IOTX)

IoTeX (IOTX) traded up 1.3% against the dollar during the 24-hour period ending at 15:00 PM ET on August 9th. One IoTeX coin can now be bought for approximately $0.0342 or 0.00000057 BTC on major exchanges. Over the last week, IoTeX has traded 12.8% lower against the dollar. IoTeX has a market capitalization of $323.30 million and $10.00 million worth of IoTeX was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% higher against the dollar and now trades at $0.0126 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

IoTeX Coin Profile

IOTX uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,378,933 coins and its circulating supply is 9,441,378,929 coins. 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 message board for IoTeX is iotex.io/blog. IoTeX’s official website 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 possible to purchase alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to acquire IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView