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Convert
Morocco Dirham (MAD) to IOST (IOST) Instantly

MAD MAD
IOST IOST
Buy IOST (IOST)

Purchase IOST (IOST) with Morocco Dirham (MAD) 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 MAD 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 is the most common method to buy IOST with Moroccan Dirham (MAD)?

    Direct MAD/IOST trading pairs are uncommon. The standard process involves a two-step fiat on-ramp: first, use a P2P service or a regional cryptocurrency exchange that accepts Moroccan bank transfers to buy a major digital asset like USDT or BTC. Then, transfer that asset to a global exchange with high liquidity that lists IOST and execute a trade on its respective pair (e.g., IOST/USDT). This method ensures access to the IOST mainnet token.

  • What are the key technical features of the IOST blockchain I should know before buying?

    IOST is a high-TPS blockchain designed for enterprise-level dApps. Its core features include the Proof-of-Believability (PoB) consensus mechanism, which is a more decentralized alternative to DPoS, and Efficient Distributed Sharding (EDS) for scalability. The network has extremely low gas fees, paid in iGAS, making it efficient for developers. Understanding these fundamentals, like its Servi node system and IRC token standards, is crucial before interacting with its dApp ecosystem.

  • What kind of KYC/AML compliance should I expect when using a MAD fiat on-ramp?

    Any regulated cryptocurrency exchange or P2P platform facilitating transactions with Moroccan Dirham will require KYC/AML (Know Your Customer/Anti-Money Laundering) checks. This typically involves submitting a government-issued ID, proof of address, and sometimes a selfie for verification. These procedures are standard to comply with financial regulations in Morocco and prevent illicit activities, ensuring a secure trading environment.

  • How should I securely store my IOST tokens after purchase?

    For maximum security, transfer your IOST from the cryptocurrency exchange to a private digital wallet that supports the IOST mainnet. Options include official IOST wallets or trusted third-party software wallets. For significant holdings, a hardware wallet provides the best protection by keeping your private keys offline. Always back up your seed phrase and never share it with anyone. Leaving assets on an exchange exposes them to platform-specific risks.

  • What is Proof-of-Believability (PoB) and how does it affect the IOST network?

    Proof-of-Believability (PoB) is IOST's unique consensus mechanism. Unlike traditional Proof-of-Stake, PoB incorporates a reputation system where nodes (Servi nodes) gain scores based on factors like past contributions and staked tokens. This system is designed to be more decentralized and energy-efficient, allowing for high transaction throughput (high TPS) while ensuring network security. This directly impacts the speed and low cost of blockchain transactions on the IOST dApp ecosystem.
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