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What is IOST?

IOST price has become a focal point for traders and smart contract enthusiasts as the token climbs the ranks of leading blockchain assets by market cap. With its robust Internet of Services Token ecosystem and high-speed protocol, IOST offers unique advantages for developers, stakers, and investors alike. In this complete guide, you'll discover the latest IOST price, live charts, market data, a beginner-friendly project overview, and a step-by-step walkthrough for buying IOST on OKX. We’ll also cover tokenomics, security tips, earning strategies, and much more—so whether you’re a newcomer or a seasoned trader, this page will help you confidently explore everything IOST and OKX have to offer.

What is IOST? Project Overview

What is IOST and why is it gaining traction in the blockchain world? IOST stands for “Internet of Services Token”—a next-generation, high-throughput blockchain platform designed for smart contracts and decentralized applications (dApps). The IOST blockchain distinguishes itself through its speed, scalability, and developer-friendly ecosystem, providing the backbone for a growing array of digital services and DeFi protocols. From cross-chain bridges to NFT platforms, the IOST project delivers robust solutions backed by a savvy global community.

As an officially listed project on OKX, IOST is readily accessible to traders worldwide, with direct links to the latest research and ecosystem news curated by the exchange and project team.

Key Features of IOST

IOST’s technical highlights include:

  • Ultra-High TPS: The IOST blockchain achieves thousands of transactions per second, outpacing most traditional chains.
  • Efficient Proof of Believability (PoB): A unique consensus algorithm that offers high speed and strong security without sacrificing decentralization.
  • Smart Contract Support: Offers flexible and scalable smart contract execution, ideal for developers.
  • Scalability and Stability: Suitable for enterprise and large-scale dApp deployments.

IOST’s technology roadmap consistently prioritizes efficient operation and low-cost transactions, differentiating it from networks like Ethereum and Solana.

IOST Team & Founders

The IOST project was co-founded in 2017 by Jimmy Zhong, Terrence Wang, and a global team of blockchain engineers and academics. In addition to the core team, significant early backers include Sequoia, Matrix Partners, and Huobi Capital, lending institutional credibility. Over its history, IOST has built partnerships with industry leaders in DeFi, gaming, and decentralized storage, while its developer community continues to expand across Asia and Europe.

IOST Tokenomics & Supply Explained

Transparent tokenomics are key for long-term value. The IOST coin supply starts with a total supply of 21 billion tokens. As of today, approximately 18.7 billion IOST are circulating—a number influenced by staking, node rewards, and periodic ecosystem incentives. The initial token distribution favored ecosystem growth, with team, community, and investor allocations subject to vesting schedules.

IOST incorporates mild inflation to incentivize staking and node validation, but mechanisms such as token burns (from fees and dApp usage) contribute periodic deflationary pressure. This balance helps keep the circulating supply dynamic but generally within predictable bounds, ensuring trader and investor confidence in the market environment. OKX’s deep IOST liquidity ensures that sizable trades can be executed efficiently, making the exchange a prime venue for both retail and institutional participants.

IOST Market Listings: Where is IOST Traded?

IOST is traded on most major crypto exchanges, with top venues including OKX, Binance, and Huobi. On OKX, you’ll find high liquidity for both spot and USDT-pegged pairs, plus coverage for worldwide user bases. Supported markets on OKX include IOST/USDT, IOST/BTC, and IOST/ETH. This gives users flexibility to trade between stablecoins and major cryptos based on their strategies.

The OKX advantage is clear: leading global liquidity, advanced order tools, and robust security. Many competitors lack the depth and localized payment onramps that OKX maintains.

IOST Trading Pairs

Popular IOST trading pairs on OKX:

  • IOST/USDT (highest liquidity)
  • IOST/BTC (for direct BTC exposure)
  • IOST/ETH (ideal for DeFi users)

Other exchanges may offer pairs such as IOST/KRW for Korean users and IOST/JPY for Japanese markets, but OKX’s 24/7 global coverage ensures reliable access regardless of your location.

Exchange IOST/USDT IOST/BTC IOST/ETH Security Rating
Binance High Yes Yes Good
Huobi High Yes Yes Good
OKX Highest Yes Yes Excellent

How to Buy IOST on OKX: Step-by-Step Guide

Ready to buy IOST on OKX? Here’s a simplified, step-by-step walkthrough covering registration, deposits, trading, and withdrawals for both crypto newcomers and experienced users.

Create and Verify Your Account

  1. Go to OKX signup page
  2. Enter your email/phone and set a strong password
  3. Complete KYC by uploading your ID—approval is usually quick (under 5 minutes)
  4. For enhanced safety, set up 2FA (two-factor authentication) and anti-phishing codes.

💡 Pro Tip: Always enable 2FA for maximum account security. Read more at OKX security features.

Deposit Funds to Your OKX Wallet

  • Choose "Deposit" in your OKX dashboard
  • Select your preferred funding method: crypto transfer or supported fiat (card, SEPA, etc.)
  • Minimum deposits vary: for USDT, typically $10 equivalent; bank fees depend on region
  • Wait for funds to clear. Crypto deposits usually take minutes; fiat processing times may vary.

Trade IOST: Buy or Sell

  • Navigate to Markets > IOST Trading page
  • Choose your desired pair, e.g., IOST/USDT
  • Select "Buy"; enter amount and choose "Market" for instant or "Limit" for price-specific orders
  • Double-check your order summary before confirming
  • Orders are executed instantly on the OKX matching engine

Withdraw IOST to Your Wallet

  • Go to "Assets" > "Withdraw"
  • Enter your external wallet address (see crypto wallet setup)
  • Review withdrawal fee and select supported blockchain network (IOST mainnet recommended)
  • Confirm and authenticate with 2FA
  • Withdrawals typically process within minutes

🔒 Risk Disclaimer: Crypto trading and holding IOST involves price volatility and risk of loss. Only trade what you can afford to lose, and always use security best practices.

IOST Security and Exchange Safety

"Is IOST safe?" is a common question for both holders and traders. The IOST blockchain has passed multiple audits (including Certik), and its open-source code is continually reviewed by security researchers. As a token, IOST’s main risks are market volatility and platform security.

OKX deploys robust safeguards for IOST traders:

  • Compliant with global KYC/AML requirements
  • Assets held in cold storage with industry-leading protocols
  • Insurance funds protecting user balances against major threats
  • Real-time proof-of-reserves verification, enhancing transparency
  • Rapid-response support for withdrawal security

For even stronger personal security, always use unique passwords and multi-factor authentication. Read the full OKX security features guide for more tips.

Earning with IOST: Staking and Yield Opportunities

Staking IOST provides a way to earn passive rewards while supporting network operations. Users can delegate their tokens to trusted nodes through the IOST network. Yield rates vary (typically 3–8% APR) depending on network participation and protocol conditions.

On OKX, staking IOST is straightforward:

  • Visit "Earn" on the OKX website/app
  • Locate IOST in the staking products
  • Select staking duration and amount; confirm participation
  • Yields are paid out regularly and automatically

Remember, staking carries smart contract and network risks, so review terms carefully.

Advanced IOST Trading on OKX

OKX offers a sophisticated trading suite for users seeking more than spot trades. IOST futures and perpetual contracts (if available) let you go long or short, with advanced margin leverage tools. These products are ideal for experienced traders seeking to hedge or amplify returns but require strong risk management discipline.

  • Use cross-margin or isolated margin as needed
  • Open or close positions quickly with advanced charting tools
  • OKX provides built-in position limit and liquidation warnings

Responsible Trading Notice: Leveraged products magnify both profits and losses. Only experienced traders with robust risk controls should use derivatives.

Latest IOST News, Partnerships & Community Sentiment

Keeping up to date with IOST news is vital for traders and long-term holders. IOST has recently announced partnerships with cross-chain bridge providers and enterprise dApp projects, strengthening its ecosystem. Significant ecosystem development includes:

  • Integration with leading DeFi protocols
  • Launch of new NFT platforms and gaming collaborations
  • Participation in global blockchain hackathons

OKX regularly publishes updates about IOST listing events, staking launches, and exclusive trading campaigns, so be sure to follow the official OKX blog for the latest.

Frequently Asked Questions

Where can I buy IOST?

IOST is available on major exchanges such as OKX, Binance, and Huobi. The best place to buy IOST is OKX, thanks to its high liquidity and security. Simply create an account, verify your identity, and access IOST/USDT, IOST/BTC, and IOST/ETH pairs after completing KYC.

What is the total supply of IOST?

The maximum supply of IOST is 21 billion tokens, with roughly 18.7 billion circulating. Supply changes over time due to staking, inflationary node rewards, and ecosystem burns, helping balance incentives and inflation in the network.

Is IOST safe?

IOST is a well-audited blockchain project with strong technical security. Trading any cryptocurrency is risky due to price swings. On OKX, user funds benefit from insurance funds, cold storage, and strict compliance for added safety. Always enable two-factor authentication.

How is IOST different from Ethereum or Solana?

IOST achieves higher speeds through its Proof of Believability consensus, allowing faster and cheaper transactions than Ethereum. Solana is parallel in throughput, but IOST focuses more on decentralization and low barrier-to-entry node operation. Each chain suits different dApp types and needs.

Can I earn rewards by holding IOST?

Yes. You can stake IOST on-chain or with platforms like OKX to earn 3–8% APR in staking rewards. Just deposit IOST into OKX and participate in the staking or earning program listed under "Earn."

Does OKX support IOST withdrawals?

Yes, OKX fully supports IOST deposits and withdrawals. Just go to "Assets," select IOST, enter your wallet address, review network/fee info, and process securely. Withdrawals are typically completed quickly.

Conclusion

IOST stands out as a fast, scalable smart contract blockchain, empowering DeFi, NFT, and gaming projects worldwide. With its live IOST price chart, deep liquidity, transparent tokenomics, and staking options, it’s an attractive asset for both traders and long-term holders. Here are your key takeaways:

  • IOST price and stats are easily tracked, with OKX offering live data and superior liquidity.
  • The IOST project brings speed, security, and real-world adoption to the smart contract sector.
  • OKX provides the simplest route to buy, trade, or stake IOST with industry-leading security. Ready to get started? Open your OKX account today and experience hassle-free IOST trading, security, and earning opportunities!
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