IoTeX is building a connected world. Starting as an open-source project in 2017, the IoTeX developer team has built an effective ecosystem, which today, powers billions of devices and decentralized applications.
The IoTeX (Internet of Trusted Things) blockchain is one of the fastest, most secure, and scalable platforms available in the market. As a result, the IoTeX community has attracted a large community of more than 200,000+ participants across 100+ countries.
Are you interested in buying or swapping the crypto coin that powers the IoTeX ecosystem? Follow the guide provided below for a smooth IOTX crypto coin onboarding and trading experience using Swapzone’s fast trade aggregator.
Table of contents
1. Visit Swapzone’s IOTX Swap Page
Buying IOTX and adding it to your wallet is simple and cheap if you use the Swapzone aggregator service. First, head over to the exchange page and select the token you want to swap for IOTX. You can trade IOTX for Bitcoin (BTC), Ethereum (ETH), Monero (XMR), or any other coin of your choice – For example, we will use ETH in this guide.
2. Decide How Much IOTX You Want
You’ll see two boxes on the exchange page; in the send box, you need to enter the amount of ETH you’re willing to swap, and the estimated amount of IOTX coin you’ll receive will be displayed in the get-up-to box.
Remember that the get up to box only displays an estimate of your returns, so expect this number to fluctuate slightly up or down once the transaction is complete.
3. Select The Best Exchange
Once you’ve selected the coin and amount to swap, Swapzone’s automatic system will scan the web for the best exchanges and present them to you in a neat list divided into fastest, best rating, and the best rate. Then you can choose the exchange that suits your needs and press the blue exchange button.
4. Wallet Details
After pressing the exchange button, you will be required to specify the wallet address page, here you can enter your IOTX wallet address, a refund address in case the ETH transaction fails, and optionally your e-mail. Then, once you’ve double-checked that the details are correct, tick the terms and conditions box and press the blue proceed to exchange button.
5. Deposit ETH
It’s time to pay for the swap, which means transferring the amount of ETH you agreed to in step 2 into the deposit address displayed on your screen. Head over to your wallet and send the ETH to the address and make sure you copy the address accurately!
Entering the wrong crypto address when carrying out a transaction can result in the tokens being lost forever, so take your time to verify the transaction before proceeding.
6. Swap Completed
Once you’ve made the swap deposit, sit back and wait while the swap is completed; check your IOTX wallet address to ensure the tokens have arrived safely. Using the Swapzone aggregator, you’ve just bought IOTX at a competitive market rate, securely and without any know-your-customer (KYC) hassles.
Is IOTX A Good Investment?
(Disclaimer: None of the information in this article should be considered investment advice; always do your research before investing.)
The IoTeX ecosystem already boasts of many promising projects and could become a prominent launchpad for more blockchain ideas and projects in the future. So far, some of the real-life products that have emerged from the IoTeX ecosystem include an award-winning blockchain-powered camera(that ensures the security and privacy of your family), and a pebble geo device(that converts real-world phenomena into verifiable, blockchain-ready data).
Additionally, because the IoTeX blockchain serves several decentralized machines, its developers are constantly upgrading the fast, high-performance, and EVM-compatible blockchain for high scalability. This shows the developers are focused on long-term sustainability.
In terms of price action, the IOTX coin has been struggling of late. Since reaching a euphoric all-time-high(of 25cents) at the beginning of the 4th quarter of 2021, the coin has experienced an extended downturn and currently trades at 2.4cents (losing almost 90% of its value). Still, experts and speculators assert that IOTX could recover over the next years.
PricePrediction, a popular crypto prediction site, predicts that $IOTX will trade for $0.75 by 2030 and cross the $1 mark by 2031.
If the analysts are right, this could be a great time to buy cheap IOTX crypto coins – presenting an opportunity to make massive profits. Head to the IOTX swap page today to buy and swap the IOTX coin.