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  • Market Cap: $2.755T 0.050%
  • Volume(24h): $47.3102B -38.230%
  • Fear & Greed Index:
  • Market Cap: $2.755T 0.050%
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How to obtain IOTX coins? Introduction to several methods of obtaining IOTX coins

Cryptocurrency exchanges like Coinbase and Binance enable direct purchases of IOTX, facilitating accessible ownership for crypto enthusiasts.

Oct 26, 2024 at 01:54 pm

How to Acquire IOTX Coins: A Comprehensive Guide

1. Direct Purchase

  • Cryptocurrency Exchanges: IOTX can be purchased directly from cryptocurrency exchanges such as:

    • OKX
    • Binance
    • Coinbase
    • Huobi
  • Over-the-counter (OTC) Platforms: OTC platforms facilitate direct transactions between buyers and sellers, enabling large or private IOTX purchases.

2. Crypto Lending and Borrowing

  • Lending Platforms: Platforms like Hodlnaut and Celsius Network allow you to lend your crypto assets and earn interest, including IOTX.
  • Borrowing Platforms: You can borrow IOTX from platforms like AAVE and Compound against your crypto collateral to use for trading or staking.

3. IOTX Staking

  • Mainnet Staking: By staking IOTX on the IoTeX mainnet, you can earn rewards in the form of IOTX tokens and contribute to the network's security.
  • Delegated Staking: You can delegate your IOTX to a validator who participates in staking on your behalf and share the rewards.

4. IOTX Mining

  • Proof-of-Work (PoW) Mining: Historically, IOTX was mined using PoW algorithms, but it has since transitioned to a Proof-of-Stake (PoS) consensus mechanism.
  • PoS Mining: IOTX is not currently mineable.

5. Airdrops and Bounties

  • Airdrops: IOTX has distributed free tokens to eligible users through airdrops in the past. Participants may need to complete certain tasks or meet specific conditions.
  • Bounties: IoTeX has offered bounties for contributions to the network, including bug bounties for security researchers.

6. IOTX Faucets

  • Cryptocurrency Faucets: Websites or apps that offer small amounts of IOTX for completing simple tasks, such as watching videos or solving puzzles.

7. IOTX Token Swap

  • Token Swap Platforms: Some platforms allow you to convert other cryptocurrencies into IOTX, such as Coingecko's Convert feature.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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