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IOTUSD - IOTA vs US Dollar

Current value in real time on the crypto market for investing

Swap Short: -20 %Swap Long: -20 %
Low: 0.2298Spread MT5 floatingHigh: 0.2374
Global Stock Exchanges Session Times
3:12 am (Local)
Opens in 30h 38m
1:12 am (Local)
Opens in 31h 48m
4:12 pm (Local)
Opens in 39h 48m
New York
11:12 am (Local)
Opens in 46h 18m

IOTUSD Trading Chart

No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Market Execution
Market Execution
EdgeFloating spreads
Minimum: 22.00Average: 33.24
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level75
1 tick value0.0001
Minimum contract size0.01 lot
1 lot size1 IOT
1 PIP value per 1 lot in USD0.0001 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

What is IOTA

In 2015, developers from the CIS region created a platform that could support the interconnections of "smart things," and then they came up with an internal currency, IOTA.

IOTA is not an ordinary cryptocurrency but an ecosystem that combines concepts such as IoT (Internet of Things) and a type of blockchain technology called Tangle. There are no traditional blocks and chains here, but there are distributed registries. In order to make a transaction with a cryptocurrency, the user needs to confirm two transactions created before.

Like most other altcoins, IOTA is trying to level out the shortcomings of Bitcoin and increase the speed of transactions on the network, ensure complete data security and eliminate fees. Of course, such factors attract more and more investors to this cryptocurrency. Immediately after the beta testing, they included Samsung, Microsoft, Volkswagen, and other brands that noticed the project in 2016 on one of the crowdfunding platforms.

After the transition of Tangle technology to settlements through the SatoshiPay payment system in 2017, other companies like Jaguar Land Rover invested in the project.

One of the distinguishing features of Iota is the lack of a mining process; instead, the creators constantly emit altcoins. For example, 2.8 billion altcoins were initially released to the market.