IOTA Logo

IOTA

News

All the latest news about IOTA

See all news

IOTA Rallies by 10% as Co-founder Confirms the Upcoming IOTA Ethereum Virtual Machine Launch

IOTA is up by 10% in the last 24 hours, outperforming other major cryptocurrencies, following the confirmation of the upcoming IOTA Ethereum Virtual Machine launch.

 Hassan Maishera

KuCoin Launches Emerging Stars Campaigns with $36,600 Prize Pool for Users

Participants have the opportunity to explore and engage with top-tier crypto projects, positioning themselves for potential growth.

 Nikolas Sargeant

IOTA Soars By 40% As The IOTA Ecosystem DLT Foundation Enters Abu Dhabi

IOTA has outperformed the other cryptocurrencies in the top 100 list after the IOTA Ecosystem DLT Foundation became a registered entity in Abu Dhabi.

 Hassan Maishera

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading IOTA

See all exchanges

Binance

N/A
4.09 based on 2358 votes

KuCoin

N/A
3.88 based on 1094 votes

OKEx

N/A
3.77 based on 225 votes

Spend

Want to leave your cash at home? These cards support IOTA.

See all cards

Nexo Card

3.22 based on 338 votes

Uphold

3.19 based on 135 votes

Shop

So you've made a little IOTA and now you want to spend it? These are the places to do it!

See all merchants

ProfitTrailer

4.15 based on 62 votes

Gemma LED

3.4 based on 10 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for IOTA.

See all wallets

Ledger Nano X

3.78 based on 45 votes

Ledger Nano S

3.77 based on 187 votes

Review

Learn more about IOTA.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of IOTA Coin.

IOTA aims to be the blockchain-based backbone of the internet of things (IoT). The project is a blockchain-based example of smart device management. As the internet of things (IoT) keeps expanding, we are observing a need for interoperability and sharing of resources. This project enables companies to discover new business-2-business models to be traded on an open-market in real time, with no fees.

The main platform behind the project and the cryptocurrency is the Tangle ledger. It’s a scalable, decentralized and modular ledger that can be adapted to manage everything from smart cars to Wi-Fi bandwidth. Accordingly, users of IOTA should be able to use it to lease anything with a chip.

In layman’s terms, IOTA can be used to immediately lease the computing power of your smart devices to people around the world. It does however have many more areas of usage than that.

The project calls itself the backbone of the new self-directed machine economy. As mentioned above, the main technology here is the Tangle ledger. The Tangle ledger is proficient in settling transactions with zero fees. The ledger enables devices to trade exact amounts of resources on-demand, while also storing data from sensors and data-loggers.

One of the characteristics of the Tangle ledger that makes it different from blockchain ledger is that it is a “block less ledger”. As it is block less, it is also scalable and lightweight.

Because the Tangle ledger does not use blocks, it can transfer value without any fees. It is an inherent element of the system. This leads to a decentralized and self-regulated peer-to-peer network.

Finally, the primary advertised role of IOTA is to assist us in managing and exploiting smart devices in a more efficient manner. It creates an economy of things, where we can also share the computing power of our smart devices in real-time.