IoTeX Tops One Day Volume of $12.28 Million (IOTX)

IoTeX (IOTX) traded up 2.1% against the US dollar during the 1-day period ending at 14:00 PM ET on July 24th. One IoTeX coin can currently be bought for approximately $0.0462 or 0.00000070 BTC on cryptocurrency exchanges. IoTeX has a total market cap of $436.25 million and approximately $12.28 million worth of IoTeX was traded on exchanges in the last 24 hours. In the last seven days, IoTeX has traded down 2.3% against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 0.7% against the dollar and now trades at $0.19 or 0.00000287 BTC.
• 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 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 up 1.9% 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 1.6% higher against the dollar and now trades at $0.0129 or 0.00000020 BTC.

About IoTeX

IoTeX (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. The official website for IoTeX is www.iotex.io. 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 Twitter account is @iotex_io and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to acquire IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the aforementioned exchanges.

IOTX/USD price chart by TradingView