Easy way to buy IOTA
The full article was originally published by Markus on Medium. Read the full article here.
It has been written a lot about it but again and again I am asked how and where you can buy IOTA at all. For those of you who have long been familiar with cryptocurrency, this question seems trivial, but for all newcomers, let me first describe a way to do it quickly and relatively safely. Of course, security is also an important issue for many, not least because there are occasional reports of thefts from various crypto accounts or hacked wallets in the press from time to time. But later.
Maybe first a little explanation of important things:
MIOTA: IOTA is not traded in the IOTA unit on the crypto exchanges, but in the unit 1 MIOTA, which means as much as 1 million IOTA. In other words, if you buy MIOTA, you are directly an IOTA millionaire. In this article I will not write MIOTA every time, but IOTA.
Wallet: A cryptocurrency wallet is a secure digital wallet used to store digital currency like IOTA. Most coins have an official wallet or a few recommended third-party wallets. There are several IOTA Wallets and a brand new Wallet the Trinity Wallet by IOTA is currently in the works.
But after these definitions it starts. Unfortunately there are not so many exchanges where you can buy IOTA at the moment, but it is still relatively easy to do for a beginner. Unfortunately, the way I describe you here, you can not immediately switch from € or $ to IOTA, but must make an intermediate step over Bitcoin or Etherium.