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How to buy Iota (MIOTA)

Discover where and how to buy Iota online. With Kriptomat, buying MIOTA and other cryptocurrencies is easy, quick, and secure.

Trusted by 400,000+ users across Europe

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MIOTA
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Buying Iota with Kriptomat

Three simple steps to purchase Iota with Kriptomat:

Step 1

Create and verify your account

Sign up with Google, Apple or enter your name and email. Verify your email, phone number and identity. Congratulations, you have unlocked the full potential of the Kriptomat platform within minutes!

Step 2

Add funds

Make a bank deposit or use your credit card to add funds even faster. Now, you are ready to buy MIOTA and 280+ other cryptocurrencies.

Step 3

Buy Iota

Click on the Kriptomat icon and select “Buy”. Choose Iota from the list of cryptocurrencies. Enter the amount, preview transaction and confirm your purchase. You now own Iota!

Your detailed guides to buying MIOTA

Need more information about how to buy Iota?

Our mission is to make crypto accessible to everyone. That is why it is crucial to simplify buying Iota on Kriptomat. The most popular way to get started is with our mobile app:

  1. Make a bank transfer
  2. Buy MIOTA with your euro balance

Prefer computers? Create your Kriptomat account with your browser and use it for all your crypto investments. We also offer several intelligent crypto investing products to help you reach your financial goals.

Have more questions? Find all our guides here.

Why should I buy Iota on Kriptomat?

Automated Portfolio Management

Live customer support

Our customer success team is ready to deliver fast, friendly assistance and explanations in your language.

Automated Portfolio Management

Top coin selection

We offer immediate purchase of popular coins and tokens, including Iota.

Automated Portfolio Management

Suitable for complete beginners

We focus on simplicity to ensure you quickly master our platform and become a confident crypto investor.

Automated Portfolio Management

Safe storage

Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored MIOTA.

Payment methods

When purchasing Iota with EUR on Kriptomat, you have access to various completely secure options:

SEPA

Buy Iota with a bank deposit

Safely and conveniently transfer funds via bank deposit with Instant SEPA support. You can buy Iota with your EURO balance.

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Buy Iota with a debit or credit card

No time to wait for bank transfers? You can instantly buy Iota with your credit card.

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Buy Iota with Skrill or Neteller

Are cards and banks not your style? Skrill and Neteller offer another alternative payment method for buying MIOTA.

How and Where to Store Iota

Once you buy Iota on Kriptomat, we seamlessly transfer it to your dedicated and secure Iota wallet within our platform. Each user receives an individual wallet.

To protect our customers and their funds, we offer secure offline storage and conduct regular security audits. This approach makes our platform a haven for storing Iota and other cryptocurrencies.

What can I do after I buy Iota?

hold Hold

Keep your MIOTA investment safe and track its growth with Kriptomat.

Swap Swap

Exchange your Iota for other cryptocurrencies on Kriptomat to effortlessly diversify your portfolio.

Sell Sell

Sell your Iota for euros and seamlessly withdraw the money back to your linked bank account or card.

Send Send

Send your MIOTA to any Iota wallet address anytime. The blockchain never sleeps.

Receive Receive

Receive MIOTA transfers to your Kriptomat MIOTA wallet to store it securely on our platform.

Smart strategies for buying Iota with Kriptomat

Buy Iota through Intelligent Portfolios

Explore the option to buy Iota through Kriptomat’s Intelligent Portfolios. These portfolios are designed to optimise returns by leveraging advanced algorithms and diversifying investments across various cryptocurrencies, including Iota. By choosing a portfolio that includes Iota, you can invest in this cryptocurrency alongside other assets, benefiting from automated rebalancing and smart management.

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Use Dollar-Cost Averaging (DCA) for your Iota investment

Utilise Kriptomat's Recurring Buy (DCA) feature to automate your Iota purchases over time. DCA allows you to spread your investments across regular intervals, making it easier to enter the crypto market with reduced risk from price volatility. With DCA, you accumulate Iota gradually with a specific amount rather than making a single large investment at once.

Frequently Asked Questions

Which factors influence the price of Iota?

Political events, the world economy, celebrity endorsements, and market news are among many factors that influence crypto prices. Professional investors and savvy individuals track these real-world events to predict Iota price changes.

Why is identity verification necessary to purchase Iota?

Kriptomat is a licensed crypto asset service provider and as such is subjected to rigorous legislation for the prevention of money laundering and terrorist financing, and is subjected to the same AML regulation as applicable for banks and other financial institutions. We are committed to operating according to the laws and regulations and follow best industry practices. Identity verification is essential for protecting you and your crypto funds, and is of essential importance we provide you with a safe environment. Every Kriptomat user must pass the identity verification process before conducting transactions.

How much Iota should I buy?

Everyone must make this decision for themselves, based on their own personal finances and investment strategy. We encourage you to carefully read the Risks of trading virtual assets, as there are many risks you should be aware of and that we cannot protect you from, such as volatility, geopolitical events, and similar factors.

Is there an order maximum?

You can find customer account limits in the Limits section of your account. For a detailed breakdown, visit our fees and limits page.

Is there an order minimum?

Yes, the minimum purchase amount of Iota is 50 EUR. That is the minimum amount to buy Iota and other cryptocurrencies at Kriptomat.

When can I sell my Iota?

Kriptomat has made it easy to sell your Iota for euros whenever you choose – 24 hours a day, 365 days a year.
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Fast, secure and easy

How to buy IOTA

In 2016, a team of like-minded developers from 25 countries worldwide introduced IOTA (MIOTA) and its innovative “blockless” architecture. IOTA is the first project of its kind, designed for the Internet of Things and seamless integrations with other real-world technologies. Although IOTA is a distributed ledger, its network (called Tangle) is not technically a blockchain.

IOTA is known for its prominent partnerships, while Tangle is used in numerous innovative projects such as building smart cities and launching the first charging stations for electric vehicles that are payable with crypto. The value of IOTA lies primarily in its technology and grand, almost utopian scope.

What are the specific factors that determine the price of MIOTA, and what is its true value? If you’ve ever wondered this, then you are in the right place. We’ve gathered all the information you need to find out what affects IOTA price and what defines it.

IOTA Price History

The price of [guidelink iota] (MIOTA) depends on numerous factors, including the value of Tangle and IOTA’s technology, partnerships, and integrations. Just like many other cryptocurrencies, IOTA can see a higher level of volatility when compared to the traditional stock market. Since the market of cryptocurrencies is yet to reach its maturity, radical and sudden price swings are commonplace.

IOTA launched a year ahead of the famous crypto bull run that took place at the end of 2017, bringing all top cryptos to new high prices. MIOTA price started from as low as $0.24 in July of 2017 with severe monthly dips that plummeted to almost -40%. However, by the end of 2017, MIOTA took a swing with the rest of the market that headed for a bull run at the time, pulled by the top crypto, Bitcoin (BTC). In November of 2017, MIOTA price went through an increase of over 230%, which brought IOTA (MIOTA) to a new high of $1.3.

In December of 2017, IOTA shattered its previous months’ record with its new all-time high price (ATH) of $5.25, ending the year on a good note and with favorable returns to investors. The next year brought bearish trends and negative momentum for the majority of the cryptocurrency market, and MIOTA wasn’t an exception. The highest MIOTA price for 2018 was $1.95, with 87% of price jumps occurring in April – after a series of declines that brought MIOTA down from $2.29 in January. MIOTA price dipped as low as $0.28 in November 2018.

Downward trends kept pushing the price of MIOTA south, setting the value of $0.50 as its highest price of 2018. The crypto continued to face challenges as it dipped to a new low of $0.16 in the fourth quarter of 2019. By the end of December, MIOTA trading volume had declined nearly 3x when compared to the trading volumes in May of the same year.

MIOTA trading volume changed drastically from December 2019 with 320 million, to December 2020 when monthly trading volumes topped 1.7 billion. However, MIOTA was still trading down from its all-time high of $5.25. The highest MIOTA price for 2019 was $0.35 with lows reaching $0.17. The cryptocurrency market saw new gains in 2021, and IOTA was primed and ready for launch. The crypto crested a price of $1.40 after a series of rises and 2.2 billion in trading volume, showing clear signs of recovery.

We can’t say with certainty what is next for IOTA, especially given the dynamic and volatile nature of cryptocurrencies, however, there are ways to try and predict the future price of IOTA (MIOTA).

Analyzing IOTA’s Price History

When attempting to get a picture of what the future of MIOTA price may look like, we can utilize techniques often used by traditional investors – such as analyzing the price history of IOTA (MIOTA) in order to recognize patterns and identify trends.

Technical Analysis (TA) uses charts as one of the main tools to predict the future price of IOTA based on the price history and trend patterns. By analyzing charts and using technical analysis, investors and traders can determine when to trade IOTA for maximum returns. It is important to analyze charts to be able to detect trend patterns.

Traders and investors can also use fundamental and sentiment analysis to further analyze IOTA. Fundamental analysis looks into the finances, news, and activity of the company behind a tradable asset. MIOTA is not backed by a company but does have an active dev team behind it. Fundamental analysis takes regulations into account as an important factor as well. Partnerships can also have a major effect on the price of IOTA and other cryptos, increasing both the value of an asset and its demand. Sentiment analysis concerns the overall sentiment for the crypto project in question among investors and the general public – in this case, IOTA. It isn’t a rare case that IOTA may show a bullish pace of growth whenever a prominent partnership is announced, like IOTA partnering Volkswagen for instance. 

Like many other top traded cryptocurrencies, IOTA is susceptible to radical price booms that are usually followed by major dips once the hype among investors is exhausted and the trend enters a reversal. This pattern is known as boom-and-bust. These price swings are yet another data point to be used when determining future price movements as you analyze MIOTA’s price history.

Factors Influencing the Price of IOTA (MIOTA)

Unlike Bitcoin (and its many forks) that have a supply limited to 21 million units, IOTA’s total supply of MIOTA is 2,779,530,283 – or 2.78 billion tokens. The market cap is based on the present price-per-token multiplied by the number of tokens currently circulating. 

There are various factors that may influence the price of MIOTA and help determine its market value, one of which is the momentum of the cryptocurrency market in general.

As the top crypto and an asset that typically hovers around 60% of total crypto market dominance, Bitcoin’s price momentum often affects the entire market – including MIOTA. With extreme bullish pacing, Bitcoin will often pull the rest of the market until the price spikes and the trend is exhausted. While cryptocurrencies have individual trend cycles, the majority of the market can often head in the same direction at once during mass upward or downward trends.

Project developments, updates, upgrades, and partnerships are also some of the factors that can influence MIOTA’s value. The IOTA dev team is consistently partnering with prominent companies and automotive giants – such as Volkswagen and Jaguar Land Rover, as well as Dell Technologies and Bosch, adding to its intrinsic value. IOTA is also involved with projects focused on the Internet of Things, like smart city and crypto-charging stations for electric vehicles.

Live IOTA Value and Market Cap

The live price of MIOTA is in constant flux and primarily depends on the number of sellers and buyers on crypto exchanges and the balance in these numbers. Buying and selling MIOTA is expressed in its daily trading volume, which can also provide an insight into the current demand of the token. IOTA’sIota market cap is calculated as the number of MIOTA tokens in circulation, multiplied by its current market price. The market cap of a project is often used to determine its rank among all other cryptocurrencies in terms of popularity and market dominance.

IOTA Price FAQ

Will the Price of MIOTA Reach $100 USD?

The price of IOTA (MIOTA) depends on numerous factors influencing its value, with active price changes based on traders’ activity and demand. The highest price MIOTA has achieved so far is $5.25, and the crypto has yet to revisit and retest this ATH recorded in December of 2017. The price of 100$ per MIOTA may become closer to reality as the total supply is thinned, which should as a consequence increase the overall demand and value of each individual MIOTA token. Eventually, MIOTA could very well reach the price of $100 if it continues to innovate.

Does IOTA Have a Future?

IOTA is one of the most innovative, unique, and prominent cryptocurrency projects in the market. Its potential has been recognized by major automotive companies such as Volkswagen and Jaguar Land Rover, as well as companies like Bosch, Dell Technologies, Microsoft, Fujitsu, MOBI, Energinet, and more. 

IOTA’s future is assured through the enterprise-level adoption it has seen with Tangle, it’s potential in IoT, and a suite of technology that can be easily integrated with other tech stacks.

Is IOTA a Good Investment?

IOTA certainly has innovative technology that revolutionizes the term blockchain-based environment. Aside from focusing on the Internet of Things applications, IOTA has become an integral part of some groundbreaking projects, which include building a smart city and developing charging stations for electric vehicles that accept IOTA as a payment method. The intrinsic value of IOTA is most probably yet to reflect on its market price as the project is still developing and maturing, making IOTA likely to be a good investment in the long run.

Conclusion

The price of MIOTA has been through numerous fluctuations and the project has seen many changes since it was first introduced in 2016. Its value keeps changing with demand and supply in the volatile environment that the crypto market represents. From trading at lows around $0.16 to reaching its (current) ATH of $5.25, IOTA has certainly had an exciting price history.

IOTA (MIOTA) price depends on numerous factors, including partnerships, projects, and important events and upgrades, always expressed through the current balance between the supply and demand.

If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of IOTA and cryptocurrencies!