How to Buy IOTA, One of the top Coin to invest

IOTA is going to be the next super coin. The reason why I am saying this is because of the technology it uses. The IOTA uses the sensor data which gets unused and convert it to usable logics. Meaning to say, when any device sensor or actuator makes some calculations, it is made available to the user. But What after that?

IOTA uses the technology which digitally processes the unused sensor data and does its job. This is why Robert Bosch has invested in this cryptocurrency.

Robert Bosch has its sensors and actuators almost in every available car model of the world. So, you can just assume how bigger this coin is going to be.

Buy iota, one of the best coin
Buy iota, one of the best coin

Let us now focus on the way to get the coin. If we are going to talk on the technology we can write infinite articles.

Create an account with a Bitcoin exchange

Create an account with a Bitcoin exchange to buy iota
Create an account with a Bitcoin exchange

Bitcoins are required to make the transactions to buy the IOTA. Most of the exchanges allow the users to purchase coins with BTC / ETH. Getting BTC is very easy and the network is well established. There are country specific local exchanges available to purchase the Bitcoins with the local currencies. But if you reside in any part of the world, i recommend you to purchase the bitcoins with your Card. Here is the stepwise article to guide you about that.

How to Buy Bitcoin with Card

Setting up an account is easy, and the main page has all sorts of information on current exchange prices for trading between various cryptocurrencies. If you have BTC available with you that is really good.

Create Account on Binance

buy iota- create account on binance
create account on binance

When you have the BTC, you can go to the international exchanges to buy IOTA. There are many options available, but i very strongly recommend using Binance.

Creating of Binance account is easy and just requires few minutes. You can create Binance account from the official Binance website.

The account creation is free and the transactions below 2 BTC per day do not require even KYC verification. So, you can start your trade in minutes.

Here is the stepwise tutorial that will guide you to create your account on Binance.

How to Create Account on Binance

Deposit the BTC to Binance

deposit btc in binance
deposit btc in binance

Binance provides you digital wallet for every coin after you create an account with them This service is absolutely free of cost.

Buy the bitcoins as guided in step 1 and then proceed to deposit the coins in Binance exchange.

To deposit the BTC in Binance, you can proceed in the following way:

  • Click Withdrawl under the Funds section.
  • Search for BTC and select the option.
  • Now Copy the wallet address and transfer bitcoins from your other wallet.

Buy IOTA Coin From Binance

  • Go to Exchange section on Binance (Basic / Advanced).
  • Now On the right hand side search for IOTA.
  • Below the price graph you will have the option to buy the coins using BTC.
  • Give the number of coins you wish to buy at the given price.
  • Click on Buy and you will get the IOTA in your binance wallet for BTC.

Now, since I can’t really spend IOTA anywhere, I can just sit on it and see what happens. As with most cryptocurrencies, you’re taking a bet here on whether the value is going to increase or decrease. But unlike bitcoin, you can actually buy several of these at once without spending too much money. So think twice but do not back off. Invest in crypto. It will give you something for sure.

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