Comprare IOTA

IOTA (MIOTA) stands for the Internet-of-Things Application and it is the first open-source technology that should make it possible for (micro) transactions to take place between devices that are connected to the Internet-of-Things(IoT). IOTA does not use a blockchain, as many other cryptocurrencies do, but uses the Directed Acylic Graph (DAG). This technique makes it possible for these transactions to take place without transaction costs.

Where in traditional blockchains transactions like blocks are added chronologically and linearly to a blockchain, whereby each block is directly linked to the preceding and the following block, and which are processed by miners, this works differently for IOTA. IOTA uses a consensus mechanism whereby the device that wants to perform a new transaction must first verify two transactions on the network. This means that each transaction is linked to the two transactions that were previously verified and the transactions that were subsequently carried out and verified. In addition, no miners are required and transactions can be processed without transaction costs, which is essential for micro-payments in the Internet of Things. In this way, IOTA tries to avoid the problems of scalability and transaction costs that traditional blockchains encounter, so that many IoT devices can use the network.

Bitvavo makes it as easy as possible to buy the currency of the future.

1. Sign Up
Create a free account with which you can buy, sell, send, receive and store IOTA. Access your Bitvavo wallet from every location, both mobile and desktop.

2. Transfer Funds
Transfer euros to your Bitvavo wallet using one of the 8 supported payment methods, including Credit Card. Instantly buy IOTA, once the payment is processed.

3. Trade
Buy or sell over 50 digital assets and pay a maximum trading fee of 0.25%. Send IOTA to an external wallet or store them on your Bitvavo wallet.

You need a wallet in order to store and use IOTA. There are several options for saving and using IOTA.

Hosted Wallet
Hosted wallets are wallets where the access keys to your IOTA are managed by a third party such as Bitvavo. Access to your account is protected by a password, and possibly other advanced security methods. Once you are logged in, you can easily and conveniently manage your IOTA online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform. Click here for more information about how Bitvavo saves your digital assets as securely as possible.

Software wallet
A software wallet is a program installed on your computer or any other desired device in order to use and manage your IOTA. By using a software wallet, you have full control over your "private keys" (and therefore your IOTA), so you are not dependent on third parties such as Bitvavo. The software wallet simplifies the process of accessing your IOTA. The risk is that if malicious parties have access to your device, your private keys (and therefore your IOTA) can be stolen.

Hardware wallet
A hardware wallet is a physical device on which you can store your IOTA offline. It is one of the safest ways to store your IOTA, because the private keys are stored on a seperate, offline, device. Access to this device is often protected by a password. In that respect, a hardware wallet can be compared to a safe in which your IOTA are stored.

You can use a hosted wallet, as offered by Bitvavo, to easily store, send and receive IOTA. However, you are, just like at a bank, dependent on a third party (Bitvavo) for storing your IOTA.

One of the advantages of IOTA is that you can send, receive and store your own digital assets without the relying on third parties. You do this by sending your IOTA, from your Bitvavo wallet, to your own software or hardware wallet.