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Buy IOTA with Credit or Debit Card Online Instantly
When you want to buy IOTA (MIOTA), Changelly takes the sting out of the process. By accepting credit cards, debit cards, wire transfers, and other convenient payment methods, our exchange platform allows you to invest in cryptocurrencies with the ultimate ease. Whether IOTA, Binance Coin, USD Coin, or any other digital asset, you can buy and sell over 500 digital assets with us using fiat currencies, such as the Japanese yen, euro, dollar, and more. Perform crypto transactions in a secure environment where a courteous customer help team is available 24/7 to support you throughout your cryptocurrency journey.
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How to buy IOTA in 5 Easy steps
Set the pair
Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
Enter your crypto wallet address
Fill in the required wallet address details in the entry field.
Verify your identity
Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information.
Confirm your payment
Follow the instructions on the screen and confirm your payment. Your purchased cryptocurrency will arrive in your crypto wallet soon.
Check your crypto wallet
That’s it! Open your crypto wallet and welcome your newly purchased cryptocurrency.
We always try to provide you with the best service possible. That’s why we work only with reliable market participants. We’ve created an intuitive interface so that you can purchase crypto in an effortless and fast way. The safety of your funds is our #1 priority.
Payment methods to buy IOTA
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy IOTA with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy IOTA and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Faster Payments is a speedy payment method that allows residents of the United Kingdom to send payments in their local currency without incurring any additional exchange charges.
With a convenient iDEAL payment service, you can have your Bitcoins or Ethereum bought in no time! Payments with iDEAL are made using the mobile banking app or your own online banking system.
SEPA is a popular payment method for fast and easy payments in euros. It's the best option for you if you prioritize speed, cost, and security when buying crypto.
POLi is a widely used payment method for buying crypto. Apart from its protection measures that safeguard your personal and financial information, it also offers other benefits, such as low fees and fast processing times.
BPay is an intuitive, secure, and instant way to purchase cryptocurrency. Whether you want to buy a little or a lot, BPay makes it easy to schedule regular payments and make everyday crypto purchases.
Interac is the most popular payment method for instant crypto purchases in Canada. It's a quick, simple way to buy crypto using your bank account directly.
Buy IOTA Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Countries and regions where you can buy IOTA
Why buy IOTA on Changelly?
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
What are the fees to buy IOTA?
Fiat transaction fees often change on the side of our fiat providers since they are a dynamic value that depends on the market conditions and the competitive environment in the fiat aggregator. You can always check the commission via our support or a particular provider. Nonetheless, it's generally between 5% and 11%.
In which countries can I purchase IOTA with a credit card?
You can purchase cryptocurrency with a credit card if your card issuer and payment network allow this transaction type in a particular region.
However, some issuing banks have their own terms regarding where and when those cards can be used and may decline transactions on their side. Depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
Which credit cards are accepted for crypto purchases?
Our fiat provider partners accept most major credit cards, including Visa and MasterCard. Some virtual, prepaid, and debit cards are also accepted. However, some issuing banks have their own terms regarding where and when those cards can be used and may decline the charge on their side.
Please note that depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
How long does it take to process IOTA purchase transactions made via credit cards?
The transaction processing time for purchases depends on the issuing bank running your transaction. Basically, GBP and USD transfers are usually processed within 1 working day, and EUR transfers are processed within 1 to 3 working days.
What types of bank transfers are supported for crypto purchases?
Our fiat provider partners offer a number of ways for you to complete your cryptocurrency purchase.
Crypto purchases are available via the following bank transfer types:
- SEPA – for bank transfers made in Europe
- Interac – for bank transfers made in Canada
- Pay ID – for bank transfers made in Australia
- Faster Payments – for bank transfers made in the UK
- Wire Transfer – for bank transfers in the USA
Please note that not all the methods are available globally, so please check and confirm whether you have access to a specific payment method.
How long does it take to process crypto purchase transactions via bank transfer?
The time to process your order can vary due to several factors:
- The chosen payment method
- Whether this is your first order with a particular provider
- Blockchain network load
Bank transfer orders that are executed smoothly generally take from 30 minutes to 5 business days to be completed.
However, some aspects of the process are outside of our or our provider's control — namely, delays caused by your chosen payment method and external compliance checks.
What should I do if Changelly does not support the national currency of my country?
You can try to purchase crypto with your bank card and choose USD or EUR as a fiat currency instead of your local currency. Your local currency will be converted to USD or EUR at the rate of your bank.
Alternatively, you can issue a credit card in USD or other supported fiat currency and try to purchase crypto with it.
How to buy IOTA privately?
On Changelly, you can purchase IOTA and over 500 cryptocurrencies anonymously. This means that our platform requires no registration and no verification for crypto purchases so that you can buy IOTA crypto securely, without being tracked.
The option to buy cryptocurrencies privately depends on various factors, including the volume of your transaction.
While it’s possible to buy cryptocurrency anonymously, taking appropriate precautions can help ensure a more secure transaction.
Do I need an ID to purchase IOTA?
Changelly partners with Simplex, MoonPay, and Banxa for fiat-to-crypto transactions. These providers enable you to use your credit card or debit card as well as such payment options as Apple Pay, Google Pay, or bank transfer.
You can invest in IOTA crypto with an easy verification process or no verification at all, depending on the amount of your crypto purchase. For some IOTA transactions, our providers might require you to pass the KYC check with the easiest ID verification to buy cryptocurrency.
Can I buy IOTA without passing the KYC verification on Changelly?
Simplex and MoonPay, our providers for fiat-to-crypto transactions, allow buying cryptocurrency without a verified ID. Only card details should be enough if the IOTA purchase amount is below a certain point. Yet, they might still demand you to pass the KYC check with an easy and quick verification process.
If you opt to purchase IOTA cryptocurrency through Banxa, they will require you to comply with their KYC requirements, no matter the size of the crypto purchase.
Is it safe to share my personal data while passing ID verification?
Designed to verify your identity, KYC processes rely on biometric data nowadays. Your information is not transmitted between servers. Your personal data is encrypted, and your own storage space is created.
How to buy large amounts of IOTA on Changelly?
For larger volume deals, instant cryptocurrency exchange Changelly launched the crypto OTC platform.
OTC stands for over-the-counter trading, which is done directly between two parties without the supervision of an exchange. You will be assisted by an individual crypto OTC broker with whom you will be able to discuss all the details and conditions of the deal.
Changelly has acquired an impressive number of reliable partners and liquidity providers supporting OTC transactions at the best rates possible.
Why Buy IOTA?
Buying IOTA, the cryptocurrency of the Internet of Things (IoT), may be a smart investment because it has the potential to revolutionize how devices interconnect and exchange information. As IoT technology continues to grow, IOTA's unique Tangle blockchain technology allows for feeless and scalable transactions, making it an ideal solution for the seamless integration of billions of devices. By investing in IOTA, you're positioning yourself at the forefront of this transformative technology, with the opportunity to benefit from its widespread adoption and the countless possibilities it unlocks. Yet, be aware of a market risk and get familiar with an IOTA price prediction when investing in IOTA or other crypto assets.
Is It Worth It To Buy IOTA?
IOTA could be a viable investment option. Historically, IOTA has shown positive performance over the past two years with a good trading volume across multiple crypto trading companies. The limited maximum supply can also create scarcity of the coin, pushing its price up. However, the IOTA price has experienced a significant depreciation, losing over 90% of its value since reaching its all-time high four years ago.
Exercise caution is advised. Cryptocurrencies are highly volatile, and their prices can fluctuate both upwards and downwards. Before making any investment decisions, conducting thorough research and getting investment advice from a professional may be beneficial for success. It is crucial to invest only what you can afford to lose and be ready for a drastic price change.
What Is The Cheapest Way To Buy IOTA?
Looking to buy IOTA without breaking the bank? Look no further than Changelly! Our IOTA exchange platform offers unparalleled affordability that will leave you amazed. The best platform for buying, selling, and exchanging cryptocurrencies, we go above and beyond to secure the best rates for our customers by collaborating with top-notch cryptocurrency providers.
With our unbeatable rate guarantee, you can trust that you're receiving the utmost value for every penny you spend. And wait, there's more! Our trading fees are incredibly low, ensuring that your hard-earned funds remain intact throughout the entire transaction. Don't settle for less when you can have it all with Changelly!
Got any questions about the IOTA purchase on Changelly?
We tried to gather all the necessary information about the IOTA purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your IOTA safe and sound
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Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
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What Is IOTA (MIOTA)?
IOTA is an innovative distributed ledger technology that is powered by the MegaIOTA (MIOTA) cryptocurrency and is designed to connect humans and machines on the Internet of Everything. Unlike traditional blockchains, it uses a distributed ledger called the Tangle, which fixes the issues of current Blockchain designs and introduces a new decentralized system for reaching agreement.
The IOTA Foundation, a non-profit organization based in Berlin, is responsible for developing and providing this technology. Their ultimate aim is to establish a Trust Layer that allows devices to exchange data and values in a secure, fee-free, and immutable manner.
Now, for the very first time, both people and machines can send money and data without any charges, in a completely secure and decentralized environment. This means that even very small payments can be made without needing to rely on a middleman.
The purpose of the MIOTA token is to support the "Internet of things" (IoT): all of those tiny computers that are being put into everyday objects, allowing them to send and receive information. IOTA turns these machines into independent economic players, creating a whole new economy of connected objects. Experts estimate that by 2025, there will be more than 75 billion devices connected to the Internet of things.
How Does IOTA Network Work?
IOTA uses a technology called The Tangle, which is a new way of storing and organizing data. Instead of using blocks and chains like other cryptocurrencies, IOTA uses a Directed Acyclic Graph (DAG). This means that IOTA Tangle doesn't have miners, and it works differently compared to traditional blockchains.
No other cryptocurrency currently uses the Tangle concept, so the IOTA project stands out in terms of its architecture. It's considered "blockless" because it doesn't rely on blocks and chains like other crypto networks.
IOTA also achieves consensus in a distinct way. In order for a transaction to be successful, each participant in the network has to actively approve two previous transactions. This differs from other cryptocurrencies and is a form of "Proof of Work".
What Makes IOTA Unique?
Here are four principal ways that IOTA and the Tangle technology are different from other systems:
IOTA can handle more transactions as the number of users sending those increases. Each transaction requires the sender to verify a couple of previous transactions, allowing for scalability proportional to the number of transactions.
The time it takes for transactions to be confirmed on the Tangle is faster when there are more transactions on the network. As adoption of IOTA grows, transaction times will approach the speed of network propagation.
No Transaction Fee
Unlike Ethereum, which makes users pay gas fees, or Bitcoin, which charges rewards for miners to validate transactions, IOTA operates without any transaction fees. As it doesn’t need a network of miners or validators, IOTA serves as a feeless protocol for transferring both data and value.
Fixed Total Supply
The total amount of IOTA that will ever exist was determined from the beginning and will not change. The genesis block created a fixed money supply of 2,779,530,283 IOTA.
What is IOTA Coin?
MIOTA is the digital currency used in the IOTA network. It offers some unique advantages, such as transactions without fees, quick transaction validation, and the ability to handle a large volume of transactions. The design of the network also allows for reduced power consumption compared to other cryptocurrencies.
The MIOTA cryptocurrency was developed specifically for the purpose of facilitating the 'Internet of Things' (IoT) – the vast network of small computing devices that are being integrated into everyday objects, allowing them to communicate and exchange data. By utilizing IOTA tokens, these interconnected machines are empowered to act as independent economic agents, thereby establishing an innovative 'economy of things'. It is anticipated that, by the year 2025, over 75 billion devices will be connected to the Internet of Things."
MIOTA was initially introduced through an Initial Coin Offering (ICO) and managed to raise around $500,000 in USD, which shows that there was significant interest in the project at the time.
Who Created IOTA?
Founded in 2015, IOTA cryptocurrency was created by a group of four visionary technology pioneers, namely David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo. Each of these individuals brought their unique expertise and knowledge to the development of IOTA.
David Sonstebo, the co-founder and initial lead developer, played a crucial role in shaping the vision and technical aspects of the project.
Dominik Schiener, another co-founder, contributed his entrepreneurial skills and business acumen to promote and drive the adoption of IOTA. Dr.
Serguei Popov, a renowned mathematician and researcher in distributed systems, contributed his expertise in developing the innovative architecture and consensus mechanism upon which IOTA is built.
Serge Ivancheglo, also known as "Come-from-Beyond," brought his extensive experience in cryptography to ensure the security and smooth performance of the platform.
What is the IOTA Mission?
IOTA aims to establish itself as the leading platform for facilitating transactions among Internet of Things (IoT) devices in the future. As projections indicate the presence of approximately 20.4 billion IoT devices by 2024, this presents a substantial opportunity for growth and profitability.
Furthermore, the developers of IOTA envision a range of additional applications for their decentralized ledger technology. They believe that it has the potential to provide digital identities for everyone, enable car insurance policies based on real-time usage data, contribute to innovative smart city initiatives, facilitate seamless global trade, and ensure the authenticity of various products.
How Is the IOTA Price Determined?
The market price of IOTA, a cryptocurrency for the Internet of Things, is determined by a combination of factors.
One key factor is the live IOTA price, which is influenced by supply and demand dynamics in the market. When there is a high demand for IOTA coins and a limited supply, the price tends to rise. Conversely, when there is a low demand or an excess supply, the price may decline.
Another important consideration is the market capitalization of IOTA, which is calculated by multiplying the current MIOTA price per token by the total number of MIOTA tokens in circulation. Market cap reflects the overall value of a digital asset and can affect investor sentiment and market trends.
A trading volume plays a significant role in shaping the market price of IOTA. Higher trading volumes indicate the level of liquidity in the IOTA market and can introduce increased price volatility.
Any significant developments, partnerships, technological advancements, news from the IOTA foundation, as well as regulatory changes related to IOTA, can also affect the coin’s current price and market capitalization. Investors closely monitor these factors to make informed decisions when trading IOTA in the dynamic and ever-changing cryptocurrency market.
Why Buy IOTA?
The IOTA cryptocurrency might deserve adding to your investment portfolio. Here are some of the most outstanding benefits of purchasing IOTA MIOTA.
IOTA's data structure allows for parallel addition of transactions, making it highly scalable.
It is designed for low-energy devices, such as sensors, to participate in the network, resulting in low resource requirements.
IOTA enables zero-fee transactions, meaning that the sender and receiver both get the full amount without any deductions, regardless of the transaction value.
Transactions on the IOTA network are confirmed within minutes, ensuring fast and efficient processing.
IOTA offers the option of quantum robustness, using Winternitz signatures to protect against the next generation of computing threats.
Being distributed globally, IOTA's network is resilient and robust, making it resistant to attacks.
Best Ways to Buy IOTA Safely
The IOTA token (MIOTA) is used to transact value on the IOTA distributed ledger. You can buy MIOTA quickly and securely through a reliable, well-established cryptocurrency exchange like Changelly.
On Changelly, you can buy and sell cryptocurrencies easily right from your connected crypto wallet. Our tried-and-true partners in the industry of fiat-to-crypto conversions make sure you can effortlessly incorporate cash to invest in the desired cryptocurrencies, including IOTA (MIOTA).
The absence of a crypto wallet shall never hold you off purchasing cryptocurrencies. Thanks to our partnerships with the leading digital wallet providers, including Ledger Live and Trust Wallet among others, you can get yourself one in between making a crypto transaction.
Industry-low trading fees, over 550 of supported assets, paramount measures to secure transactions, and easily available customer support contribute to the already great experience Changelly offers.
Before You Buy IOTA
Investing in a virtual cryptocurrency like IOTA within the EU countries, USA, and other world regions comes at a high risk. The crypto market is highly volatile and can result in substantial losses. Digital currencies are unregulated in most EU countries, meaning that there are no EU protections provided within the EU regulatory framework.
Other jurisdictions may also have varying levels of regulation for digital currencies, which can lead to inconsistency and uncertainty for users trading cryptocurrencies in those regions.
Investments in IOTA and other crypto assets are subject to financial risks, and there is a possibility of losing the initial investment. It is important not to make purely emotional investments driven by fear of missing out or to be deterred by fear, uncertainty, and doubt.
Before purchasing IOTA or other crypto coins, individuals should undertake thorough research, compare crypto exchanges, and consult with field professionals to make informed decisions about their investment strategies.
How to Buy IOTA (MIOTA) with a Credit or Debit Card?
If you want to buy MIOTA, you can use your credit or debit card on top cryptocurrency exchanges like Changelly. It's an easy task, and it predominantly involves the next steps:
Sign up for a free account on the exchange's website or app and go through the identity verification process. This usually involves sharing some personal details and uploading a photo of your ID. Without proper verification, you won't be able to buy MIOTA with regular money, especially if you're planning on purchasing in bulk.
Once your registration and verification are complete, go to the "Buy Crypto" page on the platform and find the necessary option among available trading pairs, such as USD/MIOTA or EUR/MIOTA, depending on what fiat currency you hold on your card balance. Once the trading pair is picked, choose "Credit/Debit Card" as your payment method.
Decide how many MIOTA coins you want to buy and enter your card details. Pay attention that there may be fees charged by both the cryptocurrency platform and your card issuer for buying crypto with a credit/debit card.
If you agree to the transaction terms, you can finalize it. After your payment goes through smoothly, you'll see your MIOTA tokens in your account on the same platform. If you're using a non-custodial exchange like Changelly, the purchased tokens will be sent to the wallet address you provided when setting up the transaction order.
It's as simple as that! Now you know how to start investing in MIOTA using your debit or credit card.
How to Buy IOTA (MIOTA) with a Bank Transfer?
If you're looking to purchase IOTA (MIOTA) with a wire transfer, you'll be pleased to know that the process is quite straightforward and doesn't differ much from using a credit or debit card. Most top cryptocurrency exchanges, including Changelly, offer IOTA for purchasing with bank wires, letting you start your crypto journey effortlessly.
To cover a purchase, you can deposit USD, EUR, and other national money. Crypto companies generally accept transfers sent via SEPA, Swift, Faster Payments, ACH, and other international wire transfer systems, enabling you to purchase crypto from around the world with ease.
One thing to note is that bank transfers usually have slower processing times compared to card transactions, so you might need to be a little patient. However, the advantage is that wire transfers generally come with lower transaction fees, making it a cost-effective way to send money from your bank account to a crypto company's account.
How to Buy IOTA (MIOTA) with Apple Pay or Google Pay?
Apple Pay and Google Pay offer a convenient and secure way to buy crypto online. With these mobile payment platforms, users can easily link their credit or debit cards to their accounts, allowing for quick and hassle-free transactions. The convenience lies in the fact that users do not need to repeatedly enter their card information or fill out lengthy forms during the purchasing process.
Both Apple Pay and Google Pay utilize advanced security measures such as tokenization and biometric authentication (like Face ID or Touch ID) to ensure the safety of transactions. This greatly reduces the risk of fraud or unauthorized access to sensitive financial information.
Besides, these payment platforms offer an added layer of privacy, as they do not share actual card details with merchants, adding an extra level of security to the buying process.
For purchasing IOTA through these avenues, just follow these simple steps:
Download the mobile app of your favorite exchange platform, like Changelly, on your Android or iOS device. Make sure you have an Apple or Google Pay wallet ready on your phone.
Log in to your exchange account through the app and start the purchasing process for IOTA (MIOTA), specifying the amounts of crypto and fiat you want to use.
The exchange app will automatically detect the payment options available on your smartphone and suggest using them to complete your purchase of digital assets.
Once you're done, the purchased MIOTA tokens will appear in your wallet, which can be internal or external depending on whether your cryptocurrency platform is custodial or non-custodial (like Changelly).
How to Buy IOTA with PayPal?
PayPal has a special mobile app that enables operations with cryptocurrencies. You can do all sorts of things like buying, selling, trading, sending, and storing popular digital currencies like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
However, there's a little hiccup. Right now, PayPal doesn't support trading IOTA (MIOTA), which might be disappointing if that's the particular crypto asset you're interested in. Plus, only users from the United States can use PayPal for buying, selling, and trading digital assets.
If you're determined to use your PayPal balance to purchase IOTA (MIOTA), you can consider peer-to-peer marketplaces, different crypto trading platforms, or centralized crypto exchanges that accept PayPal.
PayPal is commonly supported by cryptocurrency brokers, including eToro USA LLC, eToro UK Ltd, and eToro Europe Ltd, as a payment method to deposit funds. With an eToro account, investors can engage in trading CFDs with cryptocurrencies like IOTA, while enjoying the added benefit of negative balance protection offered by broker platforms. However, cryptocurrency investments come with an inherent market risk, and retail investor accounts are susceptible to potential losses.
How to Buy IOTA (MIOTA) from an ATM?
Cryptocurrency automated market tellers (ATMs) are standalone vending machines that allow you to buy and sell digital assets with cash by scanning a QR code of your wallet.
Since IOTA ATMs do not yet exist, buying IOTA from a physical terminal is not currently possible. As an alternative, you can buy Bitcoin (BTC) from an ATM with fiat money and then trade your BTC assets for MIOTA online through a crypto exchange like Changelly.
How to Buy IOTA Crypto with Cash?
Cash is the ultimately convenient payment method because it can be used by anyone. You can buy IOTA with physical fiat currencies, although the process is not as straightforward as with other paths.
If you would like to incorporate hard, cold cash to purchase MIOTA, you should try and find a seller in your location and meet up with them in person. In this way, you will be able to pay them in cash and receive the MIOTA cryptocurrency in your wallet.
Peer-to-peer marketplaces can help you in this venture. Also, crypto voucher providers may also allow you to buy IOTA. Explore websites, like Cryptovoucher io, BuySellVouchers, or BitIt, to find a local distributor.
How to Buy MIOTA with a Prepaid Card?
Prepaid cards also pave a way for buying cryptocurrency like MIOTA. This route works similarly to a regular debit or credit card, but it also requires you to deposit funds onto your prepaid card before you can use it for investing in crypto assets.
With a properly selected crypto trading platform that accepts prepaid cards, you can purchase MIOTA coins by entering your card details. You should also specify the amount of crypto you wish to receive and the fiat you wish to use.
The embedded calculator will show you the current MIOTA-USD price, letting you know in advance how much crypto you can get for your budget.
After reviewing the future transaction and agreeing to its terms (including all trading fees involved), you can complete the investment.
What Can You Buy with IOTA (MIOTA) Cryptocurrency?
IOTA (MIOTA) is not as widely accepted as some other major cryptocurrencies like Bitcoin or Ethereum. While it has gained some traction and acceptance, its adoption is relatively limited compared to more established cryptocurrencies.
However, there are still some businesses and service providers that accept MIOTA as a payment method. Some examples include:
Goshopping io: an online marketplace that accepts MIOTA as payment for various products.
Overstock: an online retailer that accepts MIOTA as a payment option for various products.
CoinGate: a cryptocurrency payment gateway that enables businesses to accept MIOTA and other cryptocurrencies as payment for goods and services.
For more ideas on how to spend your MIOTA holdings, you can visit the website Cryptwerk. It is a directory of businesses that accept MIOTA as payment. It offers options for exchanging MIOTA for goods and services, including online retailers, local businesses, and more. Cryptwerk helps users find new ways to use their MIOTA wealth and support cryptocurrency adoption.
Where to Store Your MIOTA?
Firefly wallet is the official desktop storage solution for the MIOTA crypto. It allows you to manage your portfolio and divide your assets in multiple wallets, with pin login and password-secured transactions. The wallet also provides for earning Assembly and Shimmer rewards by staking IOTA. The absence of lock-ups allows you the flexibility to initiate and cease staking whenever you prefer.
With Firefly, you can also engage in crucial governance decisions regarding the IOTA Network and contribute to shaping the future direction of the project. The wallet is also compatible with the Ledger Nano hardware wallet.
There are other types of IOTA wallets, including desktop wallets, mobile wallets, web wallets, and hardware wallets. The best IOTA wallet depends on individual needs and preferences. Some popular options, apart from the official product, include Trinity Wallet, Nostalgia Wallet, and MoonPay Wallet.
How to Cash Out IOTA (MIOTA)?
When you are looking sell IOTA for cash, there are several tactics you can follow:
Crypto Exchange. Look into cryptocurrency platforms like Changelly that facilitate selling IOTA back for fiat money and sending funds to your card or bank account (yet a withdrawal fee may apply). Many crypto exchanges also allow you to execute a market order or limit orders to target your ideal IOTA price.
P2P Marketplace. Sell MIOTA cryptocurrency directly to individuals for cash on peer-to-peer marketplaces. For example, a Binance account offers a trading platform for p2p deals.
Crypto Card. Use specialized crypto debit cards that work like classic Mastercard or VISA and allow you to spend your MIOTA (IOTA) like regular money. Trusted providers include Wirex, Crypto com, and Coinbase.
Crypto Gift Card. Trade MIOTA possessions for real goods by using digital or physical crypto gift cards. These cards allow you to pay for products or services at popular retailers like Amazon, eBay, Adidas, Walmart, and more. Websites like Bitrefill, Gyft, and Coingate offer this service.