IOTA (MIOTA) Hits 1-Day Trading Volume of $17.80 Million

IOTA (MIOTA) traded 2.5% higher against the U.S. dollar during the 1-day period ending at 18:00 PM Eastern on February 12th. IOTA has a market capitalization of $810.14 million and approximately $17.80 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can now be bought for $0.26 or 0.00000516 BTC on popular exchanges. In the last seven days, IOTA has traded up 7.1% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001998 BTC.
  • Creditcoin (CTC) traded down 0.5% against the dollar and now trades at $0.56 or 0.00001123 BTC.
  • Verasity (VRA) traded 15.9% higher against the dollar and now trades at $0.0070 or 0.00000014 BTC.
  • Meter Governance (MTRG) traded 1.3% lower against the dollar and now trades at $2.85 or 0.00005701 BTC.
  • Electroneum (ETN) traded up 9.3% against the dollar and now trades at $0.0024 or 0.00000005 BTC.
  • The Transfer Token (TTT) traded 0.3% lower against the dollar and now trades at $0.0090 or 0.00000018 BTC.
  • SOLVE (SOLVE) traded down 0.7% against the dollar and now trades at $0.0213 or 0.00000043 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,133,816,726 coins. IOTA’s official website is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official message board is forum.iota.org. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here.

According to CryptoCompare, “IOTA is a distributed ledger technology that uses a structure called the Tangle to maintain a tally of token ownership between multiple nodes. This structure allows for newer transactions to verify older ones, bypassing the bottleneck caused by blockchains. The IOTA protocol is in research and has two public networks: the IOTA mainnet, which manages tokens, and Shimmer, which tests protocol updates. The IOTA was founded in 2015 by four co-founders, including David Sønstebø and Dominik Schiener, who currently serve as co-chairmen of the board of directors. One of the co-founders, Sergey Ivancheglo, resigned in 2019 but continues to provide advice as an unofficial advisor.”

Buying and Selling IOTA

It is usually not currently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the aforementioned exchanges.

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