What is IOTA (MIOTA)
Iota is a revolutionary Blockchain that differs from many others out there because of the tangle. This is a new data structure that allows for Blockchain technology without the need of actual Blocks, Chains, or Miners.
Due to this innovative data structure IOTA is a leg up on many other cryptos in the following ways:
- No transaction fees- Since there are no miners or blocks there is also no need for transaction fees. Due to this, IOTA is extremely scalable by nature and that solves many of the problems associated with Bitcoin and Ethereum.
- Decentralize by nature- Since there are no miners there are also no huge gaps of power like with Bitcoin. Just a handful of people with Bitcoin decide whether or not to carry through with forks or to change the protocol. These types of disagreements and forks won't happen with IOTA!
- Quantum Immune- Unlike many other cryptos out there IOTA is not susceptible to an attack with a Quantum computer!
All of this paired with huge recent deals with Microsoft and Samsung have sent IOTA (MIOTA) through the roof and moon bound.
Where can I trade IOTA (MIOTA)
Considering that this has been a top 10 crypto for quite a while and now is in the top 5, there are plenty of choices when it comes to exchanges and buying, selling, or trading IOTA.
In my opinion there is one clear winner with Exchanges when it comes to performance, how quickly the sites functions, how quickly orders go through, variety of coins, and low fees. That would be Binance and you can sign up here!
Are there other IOTA (MIOTA) Exchanges
There are also other exchanges that offer IOTA(MIOTA) on their exchange such as Bifinex, CoinOne, OKEX, and CoinFalcon.
I really love this coin and I think it is one that will definitely be sticking around for quite a while at this point. It will be interesting to see what the future holds for IOTA and I will be busy trying to earn and buy more!
To moon and beyond!