IOTA is a cryptocurrency aimed for transactions in the Internet of Things (IoT). It is based on the Tangle technology instead of blockchain and reveals smooth scalability unlike Bitcoin and other digital currencies.
In order to add a new transaction to the tangle, a user has to randomly pick two tangle tips (pending transactions) and validate them. The transaction speed increases with the number of users. There are no transaction fees, even for small amounts.
The number of IOTA tokens is 2777 530 283 277 761. No additional tokens will be issued, nor any will be removed from the token pool.
EXANTE commission fee for trading IOTA is 0.5%. Please contact our 24-hour support for full detail on cryptocurrency trading.