Convert and Swap IOTA IOTA to United States Dollar USD
IOTA/USD: 1 IOTA equals $0.29 USD
IOTA (IOTA) is not tradable on Coinbase.
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Last update: 2:11 AM, December 23, 2024
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IOTA is falling this week.
The current price of IOTA is $0.29 per IOTA. With a circulating supply of 3,554,846,536 IOTA, it means that IOTA has a total market cap of $1,024,440,588.99. The amount of IOTA traded has fallen by $19,457,635.83 in the last 24 hours, which is a 31.69% decrease. Additionally, in the last day, $61,396,143.00 worth of IOTA has been traded.
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About IOTA
IOTA is designed to facilitate microtransactions between devices on the Internet of Things (IoT). IOTA uses a unique consensus algorithm (called the Tangle) that requires users to validate two transactions in order to make a transaction of their own.
IOTA is a unique distributed ledger technology (DLT) that operates on a directed acyclic graph (DAG) known as the Tangle. This innovative architecture allows for the parallel processing of transactions, overcoming the common bottlenecks found in standard blockchain architectures. IOTA aims to establish a secure and permissionless infrastructure for the future economy, enabling the development of decentralized applications through automated trust. It offers tools for creating and managing custom Layer 2 chains, deploying smart contracts, minting native tokens and NFTs, and introducing digital identities to users. IOTA is also set to undergo a protocol upgrade in 2024, known as IOTA 2.0, which intends to deliver full decentralization.
IOTA operates on the Tangle, a directed acyclic graph (DAG), which facilitates the processing of transactions in parallel. This unique capacity of the Tangle to support simultaneous additions of blocks, coupled with its DAG architecture, enables continuous and parallel transaction processing. This optimization of computational resources is essential for handling high volumes of transactions. IOTA operates without the need for external validators or miners, removing the necessity for transaction fees based on tokens. This strategy ensures that transactions on the IOTA platform are not only cost-effective but also safeguarded against possible manipulation, promoting smooth and secure transaction transfers.
IOTA seeks to connect the physical and digital worlds, making illiquid assets liquid and widely tradable, to enable new economic opportunities. It aims to provide solutions for establishing a secure and permissionless infrastructure that can drive the economy of the future. IOTA enables the development of decentralized applications through automated trust in the form of Ethereum-compatible smart contracts, an advanced consensus algorithm, and thoughtfully balanced incentives. It delivers tools for creating and managing custom Layer 2 chains, deploying smart contracts, minting native tokens and NFTs with distinctive features, and introducing digital identities to users.
The IOTA Foundation, a charitable non-profit organization headquartered in Berlin, Germany, was founded in 2017, making it one of the longest-standing crypto projects. The foundation develops the IOTA protocol and steers open-source governance to bring the technology to production maturity. Its Co-founder and Chairman is Dominik Schiener. The IOTA Foundation is currently working on developing infrastructure to represent real-world assets in digital tokens. Two organizations, the Tangle Ecosystem Association (TEA) and the IOTA Ecosystem DLT Foundation, help drive the adoption of IOTA and grow the ecosystem of partners and builders using the technology.
How IOTA and United States Dollar differ
IOTA and the US Dollar differ fundamentally in their nature, operation, and potential use cases. IOTA, a unique distributed ledger technology, operates on a directed acyclic graph known as the Tangle, which allows for parallel processing of transactions, overcoming the common bottlenecks found in standard blockchain architectures. It aims to establish a secure and permissionless infrastructure for the future economy, enabling the development of decentralized applications through automated trust. On the other hand, the US Dollar is a traditional fiat currency, regulated by the Federal Reserve, and used as a standard medium of exchange in the United States and globally. Unlike IOTA, the US Dollar does not operate on a decentralized network and its transactions are not processed in parallel. Furthermore, IOTA offers tools for creating and managing custom Layer 2 chains, deploying smart contracts, minting native tokens and NFTs, and introducing digital identities to users, features that are not available with the US Dollar. Lastly, while the US Dollar is subject to inflation and monetary policy decisions, IOTA operates without the need for external validators or miners, removing the necessity for transaction fees based on tokens.
Frequently asked questions
How much is 1 IOTA in USD?
Right now, 1 IOTA is worth about $0.29.
How much IOTA could I buy for 1 USD?
Based on the current rate, you could get 3.49 IOTA for 1 USD.
How much has the price of IOTA changed?
IOTA price has been on the rise. Since yesterday, the exchange rate of IOTA has increased. Since last month, the exchange rate of IOTA has increased. Since this time last year, the price of IOTA has decreased.
How do I calculate or convert IOTA to USD?
You can use our IOTA to USD calculator at the top of this page to convert any amount of IOTA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 17.45 IOTA. Inversely, 5 IOTA will cost about $1.43
How can I buy 1 IOTA on Coinbase?
IOTA can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy IOTA.
What are assets similar to IOTA that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to IOTA, including Decentraland, Astar, and dYdX. For a more robust list of assets to explore, jump to the asset page dedicated to IOTA.
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IOTA to United States Dollar conversion tables
The exchange rate of IOTA is increasing.
The current value of 1 IOTA is $0.29 USD. In other words, to buy 5 IOTA, it would cost you $1.43 USD. Inversely, $1.00 USD would allow you to trade for 3.49 IOTA while $50.00 USD would convert to 174.53 IOTA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.72%. Meanwhile, in the last 24 hours, the rate has changed by 1.27%, and that the the highest exchange rate of 1 IOTA to United States Dollar was $0.30 USD and the lowest 24 hour value was 1 IOTA for $0.28 USD. This time last month, the value of 1 IOTA was $0.21 USD, which is a 36.92% decrease from where it is now. Looking back a year, IOTA has changed by $0.29 USD. That means that in a single year, the value of IOTA has shrank by 0.16%.
IOTA to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.29 USD | 1.27% | $0.39 USD | -25.72% | $0.21 USD | 36.92% | $0.29 USD | -0.16% |
IOTA to USD
Amount | Today at 2:11 am |
|---|---|
0.5 IOTA | $0.14 |
1 IOTA | $0.29 |
5 IOTA | $1.43 |
10 IOTA | $2.86 |
50 IOTA | $14.32 |
100 IOTA | $28.65 |
500 IOTA | $143.24 |
1,000 IOTA | $286.48 |
USD to IOTA
Amount | Today at 2:11 am |
|---|---|
0.5 USD | 1.75 IOTA |
1 USD | 3.49 IOTA |
5 USD | 17.45 IOTA |
10 USD | 34.91 IOTA |
50 USD | 174.53 IOTA |
100 USD | 349.06 IOTA |
500 USD | 1,745.31 IOTA |
1,000 USD | 3,490.63 IOTA |
Today vs. 24 hours ago
Amount | Today at 2:11 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 IOTA | $0.14 | $0.14 | +0.33% |
1 IOTA | $0.29 | $0.29 | +0.33% |
5 IOTA | $1.43 | $1.43 | +0.33% |
10 IOTA | $2.86 | $2.86 | +0.33% |
50 IOTA | $14.32 | $14.28 | +0.33% |
100 IOTA | $28.65 | $28.55 | +0.33% |
500 IOTA | $143.24 | $142.77 | +0.33% |
1,000 IOTA | $286.48 | $285.54 | +0.33% |
Today vs. 1 month ago
Amount | Today at 2:11 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 IOTA | $0.14 | $0.10 | +41.65% |
1 IOTA | $0.29 | $0.20 | +41.65% |
5 IOTA | $1.43 | $1.01 | +41.65% |
10 IOTA | $2.86 | $2.02 | +41.65% |
50 IOTA | $14.32 | $10.11 | +41.65% |
100 IOTA | $28.65 | $20.23 | +41.65% |
500 IOTA | $143.24 | $101.13 | +41.65% |
1,000 IOTA | $286.48 | $202.25 | +41.65% |
Today vs. 1 year ago
Amount | Today at 2:11 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 IOTA | $0.14 | $0.14 | -1.09% |
1 IOTA | $0.29 | $0.29 | -1.09% |
5 IOTA | $1.43 | $1.45 | -1.09% |
10 IOTA | $2.86 | $2.90 | -1.09% |
50 IOTA | $14.32 | $14.48 | -1.09% |
100 IOTA | $28.65 | $28.96 | -1.09% |
500 IOTA | $143.24 | $144.82 | -1.09% |
1,000 IOTA | $286.48 | $289.63 | -1.09% |
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