Photo credit: coinspeaker.com
Many of us have heard of IOTA coin but we found it hard to buy some for ourself. Yesterday 13/06/2017, IOTA finally opened it arms to the world of cryptocurrency. It starts to trading on bitfinex.com. Many persons begin to rush to buy these coin despite the fact that It was around $0.60 yesterday.
What amaze many cryptocurrency trader like me is that it hit 1.5 Billion cap. That is huge for a new coin. As of today, IOTA coin is the 6th on coinmarketcap.com. Many believe it will surpass Ethereum classic and Nem.
What is IOTA (IOT)?
IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. Unlike typical blockchain architecture, in IOTA there is no separation of users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.
We shall wait and see the future of IOTA.
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This post received a 34% upvote from @randowhale thanks to @eadiatu! For more information, click here!
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where do you buy it
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bitfinex.com
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Do u guys know if it's possible to deposit money to bitfinex out of europe? Yesterday when i was trying to it said no usd deposits are possible.. or do i have to get verified first? It didn't ask me to.
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You'll have to transfer btc. Then convert it to what you need
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I think using bitcoin is the best option.
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Yeah, true. Thanks man. I gotta get into bitfinex for a bit now. The other exchanges i've used seemed to be easier to trade on. I'm still a newbie ;)
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I had the same experience at first. Just take your time and look it well. You will surely make it.
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What just happened to "Iota?" Not much less than 14 hours after this promotion.... I am looking at Iota on an exchange and I have no "Iota!!!" Apparently no one has any iota!!!
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FLAG THIS SPAMMY TRASH!!!
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