IoTeX (CURRENCY:IOTX) traded down 9.9% against the dollar during the 24 hour period ending at 20:00 PM E.T. on May 4th. One IoTeX coin can now be bought for about $0.0544 or 0.00000101 BTC on exchanges. IoTeX has a total market capitalization of $524.32 million and $76.46 million worth of IoTeX was traded on exchanges in the last 24 hours. During the last week, IoTeX has traded 7.3% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Chainlink (LINK) traded 16.7% higher against the dollar and now trades at $48.57 or 0.00089969 BTC.
  • Solana (SOL) traded 3.5% lower against the dollar and now trades at $43.22 or 0.00080067 BTC.
  • THETA (THETA) traded 8.2% lower against the dollar and now trades at $10.44 or 0.00019343 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001853 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • PancakeSwap (CAKE) traded down 7.5% against the dollar and now trades at $37.29 or 0.00069080 BTC.
  • Aave (AAVE) traded down 9.5% against the dollar and now trades at $462.99 or 0.00857675 BTC.
  • Maker (MKR) traded 9.4% lower against the dollar and now trades at $5,256.77 or 0.09738085 BTC.
  • FTX Token (FTT) traded 5.1% lower against the dollar and now trades at $54.56 or 0.00101080 BTC.

IoTeX Profile

IoTeX (IOTX) is a Roll-DPoS coin that uses the ETH Token hashing algorithm. Its launch date was May 21st, 2018. IoTeX’s total supply is 9,644,304,442 coins. The Reddit community for IoTeX is /r/IoTex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. IoTeX’s official message board is medium.com/@iotex. The official website for IoTeX is iotex.io.

According to CryptoCompare, “IoTeX Network is a decentralized platform of privacy-centric blockchain for various vendors to build dApps for IoT. IOTX is an ERC20 token that serves as the network 'fuel'. It is required to use certain designed functions on the IoTeX Network such as executing transactions and running the distributed applications on the IoTeX Network. “

Buying and Selling IoTeX

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

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