How to Buy IoTeX (IOTX): A Step-by-Step Guide

Introduction

When purchasing IoTeX, there are several factors to consider, including selecting an exchange to purchase it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges in the UK to assist you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the United Kingdom and supports IoTeX trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Binance IoTeX (IOTX) 0.01
BTSE IoTeX (IOTX) 0.01
Coinbase IoTeX (IOTX) 0.01
BingX IoTeX (IOTX) 0.01
Bitget IoTeX (IOTX) 0.01
Bitmart IoTeX (IOTX) 0.01
View all 35 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Binance IoTeX (IOTX) 0.01
BTSE IoTeX (IOTX) 0.01
Coinbase IoTeX (IOTX) 0.01
BingX IoTeX (IOTX) 0.01
Bitget IoTeX (IOTX) 0.01
Bitmart IoTeX (IOTX) 0.01
View all 35 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the IoTeX Market
Once your account is funded, search for IoTeX (IOTX) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of IoTeX you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Purchase IOTX" or equivalent button.
7. Complete Purchase
Your IoTeX purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Binance	IoTeX (IOTX)	0.01
BTSE	IoTeX (IOTX)	0.01
Coinbase	IoTeX (IOTX)	0.01
BingX	IoTeX (IOTX)	0.01
Bitget	IoTeX (IOTX)	0.01
Bitmart	IoTeX (IOTX)	0.01

Platform	Coin	Price
Binance	IoTeX (IOTX)	0.01
BTSE	IoTeX (IOTX)	0.01
Coinbase	IoTeX (IOTX)	0.01
BingX	IoTeX (IOTX)	0.01
Bitget	IoTeX (IOTX)	0.01
Bitmart	IoTeX (IOTX)	0.01

What to Be Aware Of

When purchasing IoTeX, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your cryptocurrency to a hardware wallet. That way, no matter what happens to that exchange, your cryptocurrency is safe.

Latest Movements in the UK

IoTeX (IOTX) is currently priced at US$0.05 with a 24-hour trading volume of US$16.14M. In the last 24 hours, IoTeX has seen an increase of 2.79%. The market cap of IoTeX stands at US$352.14M, with 9.44B IOTX in circulation. For those looking to buy or trade IoTeX, Binance offers avenues to do so securely and efficiently

Market capitalisation: US$352.14M
24-hour volume: US$16.14M
Circulating supply: 9.44B IOTX

See the latest information

Frequently Asked Questions About Purchasing IoTeX (IOTX)

What is IoTeX (iotX) and what problem does it aim to solve?: IoTeX is a blockchain platform designed to support secure, scalable, and privacy-preserving machine economy applications for the Internet of Things (IoT). It aims to enable devices and machines to transact and interact autonomously with strong cryptographic security, lightweight consensus, and trusted hardware integration. The project focuses on giving devices verifiable identity, tamper-proof data, and efficient microtransactions so IoT ecosystems can operate without centralized bottlenecks.
How many IoTeX tokens are in circulation, and what is the maximum supply?: IoTeX (iotX) currently has about 9.44 billion tokens in circulation. The project caps the total supply at 10 billion iotX, meaning there is a finite pool of tokens that may impact scarcity over time. As with any asset, supply dynamics, token burn mechanisms, or changes to issuance could affect this metric, so it’s wise to check the latest blockchain data for real-time figures.
Where can I buy IoTeX and how do I store it securely?: IoTeX can be purchased on several major crypto exchanges that list iotX. After buying, you can store tokens in compatible wallets that support the iotX mainnet. For best security, consider using a hardware wallet or a reputable software wallet with strong passcodes, two-factor authentication, and recovery phrases. Always verify the recipient address and network compatibility before transferring, and be mindful of network fees and transaction times that can vary with network congestion.
What is the current price trend for iotX, and what should I consider before investing?: As of the latest data, iotX trades around 0.0075 USD per token, with recent price movement showing a slight decline. When evaluating the investment, consider factors like IoTeX’s roadmap, ecosystem adoption (IoT device integrations, partnerships, and real-world use cases), the health of the broader crypto market, and tokenomics such as circulating supply versus max supply. Always perform due diligence, assess risk tolerance, and avoid investing more than you can lose. Diversification and cautious position sizing are prudent in volatile crypto markets.
What technical features distinguish IoTeX from other IoT-focused blockchains?: IoTeX emphasizes a lightweight, scalable consensus mechanism designed for IoT workloads, with trusted hardware integration to enhance data integrity and device attestation. It employs a decentralized identity model to give devices verifiable ownership and secure data provenance. The platform also targets privacy-preserving data sharing, enabling devices to transact micro-increments and monetize data without exposing sensitive information. These features collectively aim to reduce latency, improve security, and support real-time interactions in IoT ecosystems.