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Convert
Euro (EUR) to IOST (IOST) Instantly

EUR EUR
IOST IOST
Buy IOST (IOST)

Purchase IOST (IOST) with Euro (EUR) 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 EUR to IOST Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your IOST Wallet Address

    Provide your IOST wallet address and proceed with the payment.

  3. 03

    Receive Your IOST

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

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Frequently asked questions

  • What does the EUR/IOST trading pair signify for investors in the Eurozone?

    The EUR/IOST pair represents the direct exchange rate between the Euro and the IOST token. Its significance lies in providing a direct fiat on-ramp for European users to access IOST's high-TPS blockchain. This allows for seamless entry into its dApp ecosystem, which is built on the innovative Proof-of-Believability (PoB) consensus mechanism, without needing to first convert EUR to another cryptocurrency.

  • What are the most efficient payment methods for purchasing IOST with Euros?

    For users in the Eurozone, the most common and cost-effective method is a SEPA transfer, known for its low fees and reliability. Many regulated cryptocurrency exchanges also support debit/credit card purchases in EUR for instant transactions, though often with slightly higher fees. These fiat gateways are essential for converting Euros into this digital asset.

  • How do IOST's gas-free transactions benefit a user converting from EUR?

    A key feature of the IOST mainnet is its gas-free transaction model for users. After you complete your EUR to IOST purchase on an exchange, transferring your IOST to a personal wallet or using it within the dApp ecosystem does not incur the variable gas fees common on other blockchains. This creates a more predictable and user-friendly experience for managing your digital asset.

  • What are the key security checks when choosing a platform to trade EUR for IOST?

    When selecting a cryptocurrency exchange to trade EUR for IOST, prioritize platforms with high liquidity for the pair to ensure fair pricing. Verify their compliance with KYC/AML regulations within the EU. It's crucial to check their fee structure, enable two-factor authentication (2FA), and confirm they have a proven track record of securing user funds against threats.

  • Beyond trading, what is the utility of IOST tokens acquired via a EUR on-ramp?

    After acquiring IOST with Euros, the tokens serve multiple functions within its decentralized economy. You can use them to interact with a wide range of dApps built on the platform, which leverages JavaScript smart contracts. Additionally, you can participate in network governance or contribute to security by voting for Servi nodes through the Proof-of-Believability system.
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