IoTeX (CURRENCY:IOTX) traded 8.5% lower against the U.S. dollar during the 1 day period ending at 12:00 PM E.T. on June 11th. One IoTeX coin can currently be purchased for about $0.0235 or 0.00000064 BTC on cryptocurrency exchanges. IoTeX has a total market capitalization of $224.66 million and $11.18 million worth of IoTeX was traded on exchanges in the last day. Over the last week, IoTeX has traded 10.4% lower against the U.S. dollar.
Here’s how related cryptocurrencies have performed over the last day:
- Solana (SOL) traded 7.4% lower against the dollar and now trades at $37.66 or 0.00102671 BTC.
- Chainlink (LINK) traded 5.9% lower against the dollar and now trades at $22.20 or 0.00060529 BTC.
- Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00002726 BTC.
- Polygon (MATIC) traded down 5.8% against the dollar and now trades at $1.31 or 0.00003560 BTC.
- THETA (THETA) traded down 6% against the dollar and now trades at $8.09 or 0.00022048 BTC.
- DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
- DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
- Dai (DAI) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002728 BTC.
- Aave (AAVE) traded down 5.4% against the dollar and now trades at $298.84 or 0.00814615 BTC.
- Amp (AMP) traded up 20.8% against the dollar and now trades at $0.0714 or 0.00000195 BTC.
According to CryptoCompare, “IoTeX Network is a decentralized platform of privacy-centric blockchain for various vendors to build dApps for IoT. IOTX is an ERC20 token that serves as the network 'fuel'. It is required to use certain designed functions on the IoTeX Network such as executing transactions and running the distributed applications on the IoTeX Network. “
Buying and Selling IoTeX
It is usually not possible to buy alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to trade IoTeX should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IoTeX using one of the aforementioned exchanges.
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