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1. What is IOTA (MIOTA)?

IOTA is a project designed to create a secure, decentralized financial ecosystem for the Internet of Things (IoT), bringing breakthrough changes to machine-to-machine (M2M) transactions -- zero-fee micropayments between devices.
IOTA is the first cryptocurrency that does not use blockchain. Unlike most digital currencies, IOTA operates with a new type of decentralized ledger called “Tangle,” which solves blockchain inefficiency and serves as an alternative consensus in the decentralized peer-to-peer network.

2. What are the advantages of IOTA (MIOTA)?

Thanks to the Tangle architecture, IOTA does not have to charge transaction fees and it is possible to send very small amounts of coins on its network. On the contrary, it is quite difficult to make micro-transactions on the blockchain, as fees can be more expensive than the currencies themselves.

IOTA's consensus is truly decentralized, eliminating the distinction between miners and users. All users are treated equally and can initiate a transaction and directly or indirectly approve previous transactions.

IOTA's structure - Tangle is recognized as an important innovation after Bitcoin and Ethereum. As an alternative to blockchain, it is based on a directed acyclic graph (DAG) and its mechanism allows high transaction volume, as the more transactions, the faster and safer the system works.

3. How to buy and sell IOTA on NovaDAX

After you register in NovaDAX, you can start to buy and sell IOTA quickly and easily!

Decide the fiat or crypto currency amount your want to deposit, such as Ethereum (ETH), Ripple (XRP) and Stellar (XLM), then go to the Deposit and Withdraw page in the main menu.

Follow the step by step to create a deposit order. For information about approval deadlines, CLICK HERE.

Click on the PRODUCTS option at top menu bar to trade IOTA with EUR or Crypto-Crypto exchange.

Cotação do IOTA (MIOTA)

Ver Cotação do IOTA (MIOTA) e outras criptomoedas


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