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Convert
Indonesian Rupiah (IDR) to IoTeX (IOTX) Instantly

IDR IDR
IOTX IOTX
Buy IoTeX (IOTX)

Purchase IoTeX (IOTX) with Indonesian Rupiah (IDR) easily at Switchere and benefit from fast, secure transactions.

About
IoTeX (IOTX)

IoTeX (IOTX) is a decentralized network specifically engineered to power the Internet of Things (IoT) and establish the foundation for MachineFi, an emerging machine-driven economy. This Web3 infrastructure project aims to securely connect real-world devices, such as sensors and smart gadgets, with blockchain applications. At its core, IoTeX features an EVM-compatible Layer 1 blockchain that utilizes a unique Roll-Delegated Proof of Stake (Roll-DPoS) consensus mechanism. This design ensures high scalability, low transaction costs, and robust cryptographic security, which are essential for managing millions of concurrent device interactions.

A key innovation is W3bstream, a decentralized off-chain compute infrastructure that acts as a bridge for real-world data. It processes information from connected devices and triggers on-chain smart contracts, effectively creating a verifiable data oracle for the IoT ecosystem. The native IOTX utility token is integral to the network's operation. It is used for paying gas fees, staking by delegates and voters to secure the blockchain and participate in governance, and for registering and managing decentralized device identities. By enabling trustless device-to-device communication and automation, IoTeX is positioning itself as a foundational platform for the future of the decentralized machine economy.

IoTeX (IOTX)

How to Buy IoTeX (IOTX)

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

    Choose IDR to IOTX Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your IoTeX Wallet Address

    Provide your IOTX wallet address and proceed with the payment.

  3. 03

    Receive Your IoTeX

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

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Frequently asked questions

  • What is the IDR/IOTX trading pair and what is its role in the DePIN sector?

    The IDR/IOTX pair allows users to directly purchase IoTeX (IOTX) tokens using the Indonesian Rupiah (IDR). This is significant as it provides a direct fiat on-ramp for the Indonesian market into IoTeX's ecosystem, which is a leader in Decentralized Physical Infrastructure Networks (DePIN) and MachineFi. It enables users to invest in and interact with a blockchain platform built for the Internet of Things (IoT) without first needing to acquire another cryptocurrency like BTC or ETH.

  • What are the typical payment methods for buying IOTX with IDR on Indonesian crypto exchanges?

    To purchase IOTX with IDR, users on BAPPEBTI-regulated exchanges typically use local payment methods. Common options include direct bank transfers from major Indonesian banks, virtual account (VA) transfers, and popular e-wallets like OVO, GoPay, and DANA. These fiat gateways are designed for convenience and speed, allowing for a seamless digital asset purchase process after completing the mandatory KYC/AML compliance checks.

  • What is the function of the W3bstream technology within the IoTeX blockchain?

    W3bstream is a critical component of the IoTeX network, acting as a decentralized off-chain compute infrastructure. Its primary function is to process real-world data from smart devices and IoT hardware, prove its authenticity, and then deliver it to smart contracts on the EVM-compatible IoTeX Layer 1. This enables the creation of complex DePIN applications where blockchain transactions are triggered by real-world events, forming the backbone of the MachineFi economy.

  • What kind of fees should I expect when processing an IDR to IOTX transaction?

    When converting IDR to IOTX, you'll typically encounter a few types of fees. First, the cryptocurrency exchange will charge a trading fee, which can be a flat rate or a percentage of the transaction volume. Second, there might be a deposit fee for funding your account with IDR, depending on the payment method used. Finally, if you decide to move your IOTX from the exchange to a private digital wallet, you will pay a network transaction fee (gas fee), which is required to process the transfer on the IoTeX blockchain.

  • How can I securely store IOTX tokens after purchasing them?

    For secure storage, it is highly recommended to transfer your IOTX tokens from the exchange to a non-custodial digital wallet where you control the private keys. The official wallet for the IoTeX ecosystem is ioPay, which is available as a mobile and desktop app. For an even higher level of security, consider using a hardware wallet (like a Ledger or Trezor) in conjunction with ioPay. This practice ensures that your digital assets are protected from exchange-related security risks.
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