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IoTeX is a scalable blockchain designed to add functionality to the internet of things (IoT). Internet-connected smart devices are near-ubiquitous today, and IoTeX drives innovation in the IoT space by providing a scalable blockchain network designed for IoT devices. Rubix offers the opportunity to exchange IOTX tokens in a simple, easy-to-use, and convenient app.
Who created IOTX?
IOTX is the token used to pay for services on the IoTeX blockchain. IoTeX was created in 2017 by Jing Sun, Raullen Chai, Xinxin Fan and Quevan Guo. Chai’s previous experience includes Lead of Crypto R&D and Security at Uber. The team has grown to include 30 researchers, and the network has 9,500 connected devices, having processed 14 million transactions as of January 2022.
The IoTeX team says that anyone can own and control the devices they connect to the internet of things using their blockchain. When a user or organization wants to perform transactions on the blockchain, they pay for this using IOTX. The RDPoS voting system allows holders of the IOTX token to vote on the future of the network. When users vote, they are rewarded a small percentage of the number of staked tokens they own.
How do I exchange and trade IoTeX?
Rubix makes purchasing IOTX tokens easy. It is possible to buy IOTX using a credit or debit card on Rubix. It is also possible to exchange other popular cryptocurrencies, including Bitcoin and Ethereum, for IOTX.
IOTX is an established token that plays an important role in the internet of things sector. It is available on several centralized exchanges as well as popular DEX platforms. With so many exchanges available today, it can be challenging for traders to know how secure their investments are on each platform. Rubix is a secure exchange that protects traders’ funds and information, giving peace of mind at each stage of the trade.
Exchange IOTX using Rubix
Choose Rubix for your IOTX trades and purchases. Buy Rubix for US Dollar or Euro using your credit or debit card just as you would for online shopping. Exchange Rubix for stablecoins, BTC or ETH via an easy-to-use smartphone app or the Rubix website. Trade quickly and efficiently and know the value of your purchases at-a-glance. The Rubix platform is carefully designed with usability and security in mind.
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