Why use Swyftx to Buy IOST?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy IOST, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start IOST trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

What is IOST?

The open-source IOST project is meant to meet the security and scalability needs of a decentralized economy by providing blockchain infrastructure that might serve as the architecture for the future of online services. Utilizing factors that include IOST token balances, reputation-based token balance, contributions to the network and user behaviors, their so-called “Proof of Believability” consensus algorithm was developed to ensure the security and efficiency of transactions on the network. The team at IOST recognizes that without sufficient scalability, multinational corporations may not be able to deploy blockchains to service their customers at the level expected today. As such, the teams at IOST propose the Internet of Services Token as a means to reach these ends.

How do I buy IOST?

To buy IOST, log into the Swyftx crypto exchange, enter an amount of IOST you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy IOST‘ button to complete your IOST purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase IOST and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy IOST which will be available in your Swyftx hosted online IOST wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your IOST or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own IOST exchange trading profile and start buying or selling IOST by creating a free account now.

How do we determine the price of IOST?

The price of IOST listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our IOST price won’t fluctuate as heavily as you might see on our competitors sites. IOST prices are influenced by the supply and demand from buyers and sellers throughout the world.

The current price of IOST is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on IOST nor does it “make the market” when you buy IOST. This means you can trade as little or as much IOST as you like and know that you’ll always get the best prices with the lowest fees on our IOST Exchange.

IOST in minutes!

Buy IOST on Swyftx and we immediately make the IOST available in your wallet. It’s super easy and super fast!

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