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Binance lists IoTeX [IOTX], coin rises 75.27% in 24 hours!

Sarah Rodrigues

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Binance lists IoTeX [IOTX], coin rises 75.27% in 24 hours!
Source: Pxhere

The cryptocurrency exchange platform has recently announced its listing of IoTeX [IOTX]. On 1st June 5:00 AM [UTC], the cryptocurrency will be open for trading with the pairs – IOTX/BTC and IOTX/ETH. The customers and investors can begin depositing IOTX while it prepares for trading.

Over the last month, Binance has listed five coins such as – Theta [THETA], Civic [CVC], Skycoin [SKY], ZenCash [ZEN], and TrueUSD [TUSD]. These tokens have seen a raise since its listing on the platform.

Binance paves the way for the cryptocurrency investors and traders. It was initiated in 2014 and has grown to be one of the largest, multi-language exchange platform. Binance is known to provide fewer fees during transactions and security.

IOTX is rapidly growing in the market of cryptocurrency trading at a price of $0.044 with a market cap value of over $56 million. The coin had a high of $0.048 and low of $0.028 on 1st June, at the circulating supply of over 1, 141 IOTX. It has a total supply of 10 billion IOTX with a volume of $23 million as per CoinMarketCap.

IoTeX aims at “connecting the physical world, block by block”, sourced from their website. The cryptocurrency token and technology which concentrates mainly on privacy and auto- scalability in the blockchain technology. The structure of their blockchain has heterogeneous computing and a scheme of robust and fast Roll-DOoS.

Average Idiot, A crypto-genius on Twitter replied:

“You seem to have become pretty tone deaf to the wants of the crypto community. You seem to be turning into Bittrex 2.0”

Oscar Marcelo Pastra, a Twitter user commented:

“$IOTX Will go up 20% a least from now, check the volume. go go”

Chris Shreeve commented:

“New exchange listings has caused dumps in prices recently for some of my bags… $IOTX is a new holding for me, think it might retrace a little on Kucoin, even with a new listing. Thoughts?”



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Sarah Rodrigues is an intern at AMBCrypto. She is pursuing her English lit, Psychology and Journalism at St. Joseph's College. She researches extensively and writes about Cryptocurrency and Artificial Intelligence. Sarah currently does not hold any value in cryptocurrency.

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