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Convert
Bangladeshi Taka (BDT) to IOST (IOST) Instantly

BDT BDT
IOST IOST
Buy IOST (IOST)

Purchase IOST (IOST) with Bangladeshi Taka (BDT) easily at Switchere and benefit from fast, secure transactions.

About
IOST (IOST)

IOST (Internet of Services Token) is an enterprise-grade blockchain platform designed to provide a highly scalable, secure, and decentralized network for the development of dApps. It directly addresses the blockchain trilemma by aiming for high throughput without sacrificing security or decentralization. The project stands out as a robust Web3 infrastructure, offering a developer-friendly environment capable of supporting service-oriented ecosystems. Its architecture is built to handle the high transaction volumes required by large-scale commercial applications, positioning it as a significant digital asset for enterprise solutions.

The core of IOST's innovation is its unique consensus mechanism, Proof-of-Believability (PoB). This algorithm operates alongside other proprietary technologies like Efficient Distributed Sharding (EDS) and Micro State Blocks (MSB) to achieve impressive transactions per second (TPS). PoB selects validators based on a believability score, which considers factors like token balance and reputation, ensuring network efficiency and cryptographic security. The native IOST utility token is essential for the ecosystem, used for paying gas fees, staking to contribute to the consensus mechanism, and participating in on-chain governance. This integrated tokenomics model incentivizes network participation and secures the distributed ledger.

IOST (IOST)

How to Buy IOST (IOST)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose BDT to IOST Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your IOST Wallet Address

    Provide your IOST wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your IOST

    Complete the payment, and your IOST will be sent to your wallet.

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Frequently asked questions

  • What exactly is the BDT/IOST trading pair?

    The BDT/IOST pair represents the exchange rate between the Bangladeshi Taka (BDT) and the Internet of Services Token (IOST). It allows you to use BDT as a fiat on-ramp to directly purchase the IOST digital asset, typically on a peer-to-peer (P2P) cryptocurrency exchange, enabling entry into the IOST dApp ecosystem.

  • What are the most common payment methods to buy IOST with Bangladeshi Taka (BDT)?

    To purchase IOST with BDT, traders in Bangladesh often rely on P2P marketplaces. The most prevalent payment methods include mobile financial services like bKash and Nagad, as well as local bank transfers. These platforms require KYC/AML compliance and facilitate trades directly between users.

  • What is the key technological advantage of the IOST blockchain?

    IOST's primary technological advantage is its Proof-of-Believability (PoB) consensus mechanism. This algorithm is designed to create a high-throughput blockchain capable of ultra-fast transactions, making it a scalable solution for deploying enterprise-level decentralized applications (dApps) with broad user bases.

  • How does the IOST network handle transaction fees?

    IOST utilizes a unique resource model instead of traditional gas fees. Users stake IOST tokens to obtain iGAS (for transaction processing) and iRAM (for state storage). This system is designed to make blockchain transactions more predictable and often feel 'free' for active users, as the staked IOST can be unstaked later. This model is a core part of its scalability solution.

  • Do I need a special digital wallet to store IOST tokens?

    Yes, you need a digital wallet that supports the IOST mainnet. While you can temporarily store them on the cryptocurrency exchange where you made the purchase, it is highly recommended to move them to a secure, non-custodial wallet. Popular options include dedicated IOST wallets like iWallet or multi-currency wallets that have added IOST support.
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