Know How You Can Buy IOTA

Want to invest in IOTA? Struggling to find the right exchange to buy IOTA? You’re at the right place. This articles is dedicated to all those wanting to buy IOTA through right channels. There’re currently two exchanges through which you can purchase IOTA.

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First off, you would need to buy Ethereum or Bitcoin or any other cryptocurrency because neither of the two exchanges accepts fiat currency (EUR, USD, etc.) deposits. Let’s take a look at these exchanges:

Binance

It’s a new exchange for buying cryptocurrency. You would be amazed to know that the company raised over $15 million through their ICO (Initial Coin Offering) within 3 minutes in July, 2017. Consequently, the exchange went on air on July 14th. You should be cautious because it’s a new exchange and no one ever wants to put their investment at risk.

You may also like this: How to Send Bitcoin from Coinbase to Binance

Bitfinex

This exchange has the largest trade volume of all Cryptocurrency Exchanges. Unfortunately, it has discontinued offering services to U.S. individual consumers.

Purchasing IOTA on Binance

it’s very easy to buy IOTA on Binance and there’re no special skills or training needed to comprehend the whole process. First of all, you will need to register your Binance account. While creating your account, be sure to choose the unique strong passwords as there’s no dearth of scammers and hackers who can steal your personal information. After setting up your account, you’ll receive an email confirming your Binance account. After logging into your Binance account, consider enabling two factor authentication because it’s thought to be good for security point of view.  

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