IOSToken

Where To Store IOStoken (IOST)?

Within this guide, we will be making use of the easiest and most handy wallet for storing your IOStoken (IOST) which is the coin for Internet of Services. MyEtherWallet (which can store any coin ERC20 Tokens, including IOST. For added security, we would strongly suggest using a hardware wallet such as the Trezor or the Nano Ledger. Using a hard wallet will help to keep your assets more secure. Both the Trezor and the Ledger are great wallets – I personally use the Trezor.

myetherwallet

How To Buy IOStoken

We would recommend using an established exchange platform such as Binance. You can either choose to store them on the platform or withdraw them and keep them in a personal wallet. If you are looking to hold for Simple tokens longterm, then move them off the Binance platform. If you are new to Binance, carry on reading this article for a step-by-step guide on how to use this trading platform or visit Binance using the link below.

Visit Binace Here

Sign-Up To Binance To Get IOStoken

Enter your email and a strong password (that you won’t forget!) and then Click ‘Register’. You will be sent an email to confirm your email address. Click the link in the email. If you can’t see it, then check your spam folder.

You will be taken back to Binance as your email is confirmed. Press ‘Login’. On the login form, enter the email and password you just used to sign up, then press ‘Login’.

binace confirmed email

A pop-up will advise you to set up 2FA (two-factor authentication) on your account. We strongly recommend you set up 2-factor authorization (2FA) on your account.this second level of security makes it very unlikely they will be able to get into your Binance account.

Adding Funds To Binance

Hover your mouse over ‘FUNDS’ on the top menu and click on ‘Deposits Withdrawals’. This screen displays any coins which you have stored on Binance – you will need to deposit some. I would suggest using Ethereum due to the lower sending fees. However, you can deposit other coins.

binance add funds

Type ‘Ethereum’ in the search box. This will narrow the wallets displayed to just a few- in those, find Ethereum. Press ‘Deposit’ You will be given an Ethereum (ETH) deposit address. Make sure you have the correct address. If you send a currency to the wrong address, it will be lost forever. (The image below show LTC – this is for example purposes only).

binance add funds part 2

Using The Exchange To Buy IOST

The exchange page on Binance might appear too much to handle to start with, but don’t worry, you only need to use a small part of it.

There are 2 methods for buying coins on Binance:

  1. A ‘Limit’ order, which enables you to manually set the price you want to buy IOST Coin at.
  2. A ‘Market’ buy, which fills your order automatically at the best price available. The price may have spiked at that time, so be careful not to overpay. If you like the price then go ahead and use this method. Above the Buy IOST’ button, click the ‘Market’ option.

In the input box marked ‘Amount’ you now need to fill out what number of IOST you want to buy. It could be simpler to use the percentage buttons below the input box – for example, press 50% if you’d like to exchange 50% of your Ethereum for IOST.

Once you’re satisfied with the quantity, press the buy button. Your order will be filled immediately.

Withdrawing Your IOST Coins

If you’re happy with it, you can just leave your coins on Binance and they would in all probability be safe. On the other hand, exchanges have been compromised in the past, and users have lost coins, therefore we do suggest you keep them in a personal wallet. (The image below shows LINK coin – this is for example purposes only). Ensure you have selected IOST.

  1. Press ‘Funds’ along the top menu, then ‘Deposits Withdrawals’. In the search box, type IOST. You will now see your new IOST in your IOST wallet.
  2. Click the ‘Withdrawal’ button.
  3. In the boxes that appear, complete the information:
  4. Label: Write ‘My wallet’
  5. Address: Put the wallet address that you copied from your IOST wallet.
  6. Amount: Press the ‘Max’ button to send all your IOST.

withdraw from binace

When you’re positive all information is accurate (check you’ve inputted the correct wallet address!), press ‘Submit’. If you’ve set up two-factor authentication, you will be asked for a code from your phone. Enter it and press ‘Submit’. You will be sent an email to confirm the withdrawal. Go to your email and click the link that’s been sent to you.

Visit Binace Here

 

What Is IOStoken (IOST)

The Internet of Services (IOS) of which IOStoken is the token, is an innovative and secure blockchain paradigm designed to provide horizontal scalability and high transaction throughput. The IOS platform not only offers users a completely decentralized way to exchange online services and digital goods but also enables developers to deploy large-scale dApps with the ability to support a massive number of users. With a series of groundbreaking innovations, such as Efficient Distributed Sharding and Proof-of-Believability consensus approach, we are able to increase the system’s throughput enormously while guaranteeing security.

Total IOST Supply: 21,000,000,000
Circulating IOST Supply: 11,000,000,000
ICO Price: $ 0.01

Website

WhitePaper

Current IOST Coin Price

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