Live IOST Price Analysis
The current real-time price of IOST is $0.0097and its trading volume is equal to US$13,493,849 in the last 24 hours. IOST price has grew by
3.25%
on the last day and increased by
10.88%
in the last 7 days. It is important to note that IOST’s current market capitalization is US$207,724,420Speaking of working inventory, IOST has 21,315,000,000 coins. Currently, IOST’s market rating is #226.
IOST price today
92.86%
below
always on top and that’s it
523.89%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling IOST are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is IOST?
IOST or Internet of Services Token is a native token that powers the decentralized blockchain network of the same name. This is based on ERC-20 token standard. This means that you can store your IOST tokens in most crypto wallets that support Ethereum.
The maximum limit is 21,000,000,000 IOST tokens.
Like most cryptocurrencies, the price of IOST is subject to volatility. If you want to dive deeper into the IOST price, check out the chart above.
What are the main features of IOST?
IOST is a trustless blockchain network based on the Ethereum blockchain. It advertises itself as a blockchain network capable of processing large amounts of data. IOST is committed to developing partnerships with large enterprises in the fields of cloud computing and digital marketing.
It works using Proof of Belief (PoB) consensus mechanism which is unique to IOST. PoB directly addresses the scalability issue without sacrificing security.
Apart from PoB, IOST introduced a wide range of blockchain solutions such as microstate blocks, Atomix, distributed randomness protocol, TransEpoch and efficient distributed sharding.
One of the main goals of this project was implement a type of blockchain infrastructure that is both highly secure, easily scalable, and most importantly, supports high throughput.. IOST claims that the network can process around 100,000 transactions every second. Whereas Bitcoin has TPS up to 7, THRONE is around 2000, while direct competitor IOST Ethereum processes up to 20 TPS.
With this in mind, it is clear that the team is aiming to reach a point where the IOST coin can be used to accelerate the adoption of cryptocurrencies in large customer-centric companies.
Additionally, you can find many DeFi services in the IOST ecosystem, including crypto wallets, IOST bridge and IOST staking platform.
Ethereum is its main direct competitor. IOST mainly stands out for its 100,000 transactions per second (TPS) performance. This means that the IOST network can handle around 100,000 transactions.
Don’t forget to check the IOST price in the chart above if you are planning to purchase this cryptocurrency.
Who developed IOST?
The IOST cryptocurrency project was launched at the end of 2017 and is headquartered in Singapore. IOST co-founders include Jimmy Zhong, Kevin Tan, Justin Lee, Ray Xiao, Terrence Wang and Sa Wang. These are mainly computer science graduates.
Jimmy Zhong is a successful entrepreneur who sold one of his first companies for US$40 million.
Besides IOST, Jimmy Zhong, Sa Wang and Ray Xiao also co-founded Dora which developer of smart kiosks based on artificial intelligence.
What is the IOST trading volume in the last 24 hours?
IOST has trading volume US$13,493,849 in the last 24 hours.
What is the highest IOST price ever?
IOST has the highest price US$0.1365which was achieved at January 24, 2018 (6 years 1 month ago).
What is the lowest IOST price?
IOST has the lowest price $0.0016which was achieved at March 13, 2020 (3 years 11 months ago).
Which exchanges are best for buying and selling IOST?
Currently the most active and dominant exchanges for buying and selling IOST are Binance, Kraken & Kucoin. The most popular IOST trading pairs IOST/KRW
(on
Upbit
),
IOST/USDT
(on
Binance
),
IOST/USDT
(on
Huobi Global
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing IOST?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage IOST. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
IOST related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
