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Important Facts You Need To Know About IOTA

 The speed at which the crypto market is moving upwards has paved the emergence of more new players. One such is the IOTA crypto coin. 


IOTA laid its foundation around six years back in Germany by a group of four persons. 


According to market capitalization, this new altcoin holds seventh ranking with $11 billion. What seems to be more exciting is its growing preference among the investors. 


Facts About IOTA


When it comes to defining IOTA, it means Internet of Things Application. 


It shares the same status of cryptocurrency as its competitive crypto coins including the foremost and dominant one Bitcoin. 


IOTA can also be explained as a decentralized digital currency that finds its use in bringing a link between online transactions and business. 


In comparison to its competitor crypto coins, IOTA does not operate upon the base of digital ledger, blockchain.


It facilitates its users with a cost-free fee for the transaction, infinite scalability, and no mining.


All these advantages of IOTA make it better than the foremost crypto coin Bitcoin. 


Is IOTA Worth Being Invested In?


Witnessing the rising wave of cryptocurrency in the current scenario, yes, investing in IOTA coins will prove to be the best decision for investment. 


If an investor has the appetite to take the risk, then he can buy IOTA in exchange for major crypto coins like BTC and ETH. 



Follow the Cryptoknowmics and stay abreast with IOTA crypto news today.



Cryptoknowmics.

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