How to buy IoTeX (IOTX) in Australia

Learn how to buy IoTeX (IOTX) easily by following a step-by-step guide and compare 10+ crypto exchanges.

IoTeX
IOTX- USD
$0.15
+ $0.0035 ( + 2.30%)
HASHKEY-CAPITAL-PORTFOLIO

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

How to buy IoTeX

Look for an exchange that supports both fiat and cryptocurrency to simplify buying IoTeX.

  1. Open an account on an exchange that supports IOTX.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy IoTeX.
  3. Buy IoTeX.
    Complete your IoTeX purchase and then find the best wallet to store IOTX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is IoTeX?

The Internet of Things refers to the network of physical objects around the world that are connected to the Internet. This includes everything from smartphones and fridges to an endless list of everyday household items. But what happens to the private data these smart devices collect and share? This is where IoTeX comes in. The IoTeX team is focused on the development of what it calls the Internet of Trusted Things. Founded in 2017, it aims to create “an open ecosystem where humans and machines can interact with guaranteed trust, free will, and privacy”. Through the use of privacy-focused blockchain technology, IoTeX aims to give users ownership and control over the data they share. IOTX is the native token of the IoTeX network. Its key uses are to pay gas fees, register trusted devices, staking and governance.

IoTeX (IOTX) is the 101st largest cryptocurrency in the world by market cap, valued at $1,478,960,994. The current price of IoTeX is $0.155831, which is 3.860% higher than yesterday. Prices have ranged between $0.16679 and $0.142787 over the past 24 hours. All prices are listed in US dollars and accurate as of November 29, 2021 09:11 UTC.

Where to buy IoTeX

Find an exchange to buy, sell and trade IOTX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

276
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

310
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

172
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Grow your retirement wealth with Cointree
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

865
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

453
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit\/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
loading

Compare up to 4 providers

Is it a good time to buy IoTeX?

The technical analysis gauge for IoTeX displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of IoTeX based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of IoTeX: moving averages, oscillators and pivots. Finder is not responsible for how IOTX performs.


IoTeX at a glance

Information last updated November 29, 2021 09:11 UTC.
Coin symbol IOTX
Coin Marketcap US$1,478,960,994
Total IOTX supply 9,496,266,827
Circulating IOTX 9,490,829,322
Current price US$0.155831
All time high US$0.255593
Notable team members Raullen Chai, Jing Sun, Qevan Guo, Xinxin Fan
Partnerships Amazon Web Services, Tenvis, XYO, University of Cincinnatti
Industry Internet of Things
Token uses Governance, gas, staking
Network IoTeX

IoTeX price performance over time

Historical prices compared with the price of US$0.155831.

1 hour 0.20%
24 hours 3.86%
7 days -30.02%
14 days -33.25%
30 days 133.89%
60 days 155.63%
200 days 257.76%
1 year 1,949.98%

How to sell IoTeX

You can cash out your IOTX with the same exchange you bought it through:

  1. Sign in to the exchange you have IOTX on.
    If you store your IoTeX in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of IOTX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of IoTeX.

What to consider when buying IoTeX

Cryptocurrencies are complicated and volatile assets, so buying any cryptocurrency coin or token is highly risky. It’s essential that you understand the risks involved and thoroughly research any cryptocurrency before buying. If you’re thinking of buying any IOTX tokens, some of the factors you may like to consider first include:
  • White paper. If you’d like to find out more about the tech behind the IoTeX ecosystem, you’ll find plenty of useful documents in the research section of the IoTeX website.
  • Competition. There are several other cryptocurrency projects focused on managing the Internet of Things. Make sure to research how IoTeX stacks up against its competitors and how this will affect its quest for widespread adoption before deciding whether you should buy any IOTX tokens.
  • Burn-Drop. As part of its tokenomics system, IoTeX uses something called Burn-Drop. This will see 1 billion tokens, or 10% of the total supply, burned or dropped as the platform onboards its first 1 million “Powered by IoTeX” devices. This will result in 900 million tokens being taken out of circulation (burned) and 100 million tokens distributed to voters. Find out more about how the system works in this Medium post.
  • Roadmap. IoTeX’s plan for 2021 is focused on the growth of its ecosystem. Find out more in its 2021 roadmap.

Disclaimer: Cryptocurrencies, including IoTeX, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of IOTX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the IoTeX or any other cryptocurrency discussed.


More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site