How to Buy IoTeX Coin?
If you are looking for where to buy IoTeX coin, we will show you how to buy IoTeX coin for another cryptocurrency using the StealthEX exchange platform. StealthEX is a convenient and user-friendly cryptocurrency exchange.
What Is IOTX Crypto?
IoTeX is a decentralized network for the Internet of Things (IoT). The IoTeX team aims to create an ecosystem of the future that allows IoT devices to connect and perform certain actions on their own. And that should make everyone’s life easier.
The network is equipped with a privacy-oriented blockchain. It has its own cryptocurrency known as the IOTX coin, and it was launched in 2018.
This innovative platform has these differences:
- Fast consensus reaching based on RDPoS. It is specifically designed for the Internet of Things.
- It uses specially designed privacy-preserving techniques.
- The innovative blockchain-in-blockchain technology improves privacy and scalability.
The IoTeX price mostly depends on the development of the network. Thus, trading experts have positive expectations about IoTeX coin because the platform is constantly improving. In June 2020, the company launched Mainnet GA v1.0. This modern development represents the independence of the IoTeX token as a self-sustaining, decentralized, and community-owned network.
Moreover, recently the IOTX developers have improved the ioPay wallet. So, today it is possible to access trading on mimo, logging in to Ucam and get other advanced features. They are available from both desktop and mobile versions.
Where To Buy IoTeX Coin?
The company has great plans for the future, which users can find in the IOTX roadmap. To exchange this token quickly, you can use StealthEX. This platform makes this process easy and lets users select from more than 350 coins.
How To Buy IoTeX Coin?
Let’s imagine you want to exchange Ethereum to IoTeX. How to buy IOTX coin? To make an exchange, you need to take a few simple steps:
First, you should choose Ethereum in the left drop-down list. Then choose IoTeX in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of IOTX coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the IOTX crypto recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your IOTX coin.
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive IOTX crypto to the address provided. To be sure that IoTeX was sent to your wallet you can also use the Output hash shown on this page and check it in the IoTeX blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your IoTeX wallet to be surprised at how fast you got IOTX crypto. Usually, the process is quite rapid so you won’t need to wait long.
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
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February 2, 2021crypto exchange exchange cryptocurrency how to buy how to buy crypto IoTeX