IOST (IOST) Crypto Exchange

Access the best IOST exchange rate on ChangeNOW and perform an instant conversion. No limits, accounts, or worries. Spend your time and energy on what matters — we’ll handle the rest.

IOST Market Data

IOST market information

Internet of Services Price is $0.005. Its current circulating supply is iost 21,315,000,000 with a market cap of $106,818,200.47.

PRICE

$ 0.005

MARKET CAP

$ 106,818,200.47

24h % PRICE

-2.12 %

24H VOLUME

$ 5,580,389.28

7d % PRICE

2.59 %

COIN SUPPLY

21,315,000,000 IOST

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Why exchange Internet of Services (IOST) on ChangeNow

The average time for exchange is about 5 minutes. You can track the crypto swap progress on the exchange page.

  • 98%Triumph Rate🔥
    Swaps completed with the better exchange rate or deviated from estimate for less than 0.5%
  • 1mSatisfied Clients
  • 1mAverage Exchange Time
  • 1mCurrencies available for exchange
How it works?
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What is IOST

IOST, which stands for Internet of Service (IOS) and token (T), is a developer-friendly blockchain platform suitable for DApps and online services. It was launched in January 2018 by Jimmy Zhong, Terrence Wang, Tiancheng Li, Ray Xiao, Sa Wang, and Kevin Tang. IOST aims to make blockchain technology adaptable for big companies by tackling the issue of scalability.

The IOST network deploys a unique consensus algorithm, proof of believability, that was developed by its team. In such an algorithm, the credibility of a node is determined by reviewing the node’s past behavior and contributions. Currently, there are more than 400 nodes in the system. PoB combined with sharding allows the IOST blockchain to process 8,000 transactions per second and improved scalability. According to their website it also “handles multiple groups simultaneously, keep cross-shard transactions consistent”. The IOST token is used to support the PoB algorithm by rewarding validators of the network. Also, those with a higher IOST balance are more likely to be randomly selected as a validator.

By the end of 2021, the IOST platform is planning to partner with people in traditional industries to explore new applications for NFTs and metauniverse and improve the IOST mainnet according to the community feedback.

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