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Convert
Polish Zloty (PLN) to IOST (IOST) Instantly

PLN PLN
IOST IOST
Buy IOST (IOST)

Purchase IOST (IOST) with Polish Zloty (PLN) 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 PLN 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 are the common methods for buying IOST tokens with Polish Złoty (PLN)?

    To buy IOST with Polish Złoty, the most direct method is using a cryptocurrency exchange that offers a PLN/IOST trading pair. These platforms serve as a fiat on-ramp, allowing you to deposit PLN via local payment methods like BLIK, Przelewy24, or a standard Polish bank transfer. After completing the necessary KYC/AML compliance checks, you can place an order on the exchange's order book to execute the digital asset purchase.

  • What are the advantages of trading the direct PLN/IOST pair?

    Trading the PLN/IOST pair directly offers several advantages for Polish investors. It eliminates the need for double conversions (e.g., PLN to EUR/USD, then to IOST), which can save on trading fees and reduce exposure to currency exchange rate volatility. This direct fiat gateway provides better price discovery and potentially higher liquidity for those funding their accounts with PLN, streamlining access to the IOST ecosystem and its decentralized applications (dApps).

  • Can you explain what IOST is and its unique Proof-of-Believability consensus?

    IOST, or Internet of Services Token, is a high-performance blockchain platform designed for enterprise-level use and building dApps. Its unique consensus mechanism is called Proof-of-Believability (PoB). Unlike traditional Proof-of-Stake, PoB uses a reputation-based system that considers factors like a node's token balance (Servi) and contributions to the network. This system is designed to achieve a high transaction-per-second (TPS) rate, making the network fast, scalable, and decentralized.

  • How do IOST's gas-free transactions work after I've made a digital asset purchase with PLN?

    Once you acquire IOST with your PLN, you can experience its gas-free transaction model. Instead of paying gas fees for every blockchain transaction, the IOST network uses a resource model based on iGAS and iRAM. By staking your IOST tokens, you generate iGAS, which is consumed when you execute smart contracts or make transfers. This iGAS regenerates over time, effectively making most network interactions free for active users, a significant advantage for interacting with dApps in the IOST ecosystem.

  • What fees should I be aware of when converting Polish Złoty to IOST?

    When converting PLN to IOST, be aware of several potential fees. First, the cryptocurrency exchange will charge a trading fee, often a small percentage of the transaction value, which can vary between maker (placing an order) and taker (filling an order) fees. Second, there might be fees for your PLN deposit, depending on the payment method (e.g., bank transfer vs. BLIK). Finally, consider the spread—the difference between the buying and selling price on the order book—as it's an indirect cost of trading.
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