How to Buy IOTA20 in 2023 – Complete Guide
In this how to buy IOTA20 guide, we take a look at how to buy the best new crypto project during the presale. IOTA20 is the latest addition to the ever-growing league of “2.0” cryptocurrency projects. This ambitious digital token aims to address the shortcomings of its predecessor while offering a chance for those who might have missed out on IOTAs growth in 2017.
Within this guide, we will provide instructions on how to buy IOTA 2.0 tokens enabling you to become part of this venture and reap its potential rewards as it progresses. Join us as we delve into the world of IOTA20 and seize this opportunity to embrace the future of cryptocurrency.
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How to Buy IOTA20 Tokens – Simple Steps
This short and precise guide will walk you through the simple procedure of getting IOTA20 tokens during the presale. Follow these simple steps to join the IOTA20 project and explore its potential.
Step 1: Connect a Crypto Wallet to the IOTA20 Presale
The initial step involves creating an Ethereum wallet. Known choices such as MetaMask or Trust Wallet are reliable options, safeguarding your ETH and other ERC-20 tokens. These wallets provide effortless functionality guaranteeing a secure experience. Ensure to connect your wallet to the presale website securely.
Step 2: Swap ETH or USDT for IOTA20
After connecting your Ethereum wallet to the IOTA20 platform, you can exchange your ETH or USDT for IOTA20 tokens. The swap process will occur on the Ethereum blockchain providing transparency and security. Once the swap is finalized, the IOTA20 tokens you purchased will be sent directly to your wallet.
Step 3: Claim Tokens after Presale
Once the presale period is over, you will be able to claim your IOTA20 tokens. Visit the website and find the section designated for token retrieval. Follow the instructions to enter your wallet address. Once verified, your IOTA20 tokens will be safely deposited into your wallet.
Note: For a more in-depth walkthrough of how to buy IOTA20, another section of this article will provide a detailed tutorial on how to buy IOTA20 tokens. Continue reading to gain valuable insights and ensure a smooth and well-informed trading experience.
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What Is IOTA20?
Before learning more about how to buy IOTA20, let’s take a look at what the token actually is.
IOTA20, also called IOTA 2.0, represents an upgrade to the IOTA cryptocurrency. Its goal is to bring about advancements and become one of the best cryptos in 2023. With lessons learned from its predecessor, IOTA20 aims to create an ecosystem driven by the community. It seeks to replicate the success of IOTA during the 2017 bull run when its value skyrocketed. This ambitious project is developed on the Ethereum blockchain leveraging the ERC20 standard to enhance compatibility and accessibility within the crypto community.
The fundamental vision behind IOTA20 revolves around offering improved assets for investors. Utilizing the Ethereum blockchain, IOTA20 can tap into its infrastructure and smart contract capabilities enabling versatile and seamless applications. The integration with Ethereum opens up possibilities providing users with staking rewards, a simplified user experience, and improved scalability.
One notable advantage of IOTA20 lies in its crypto staking rewards. Investors can participate in staking activities and earn rewards for securing the network while contributing to its stability. This unique feature presents investment returns and encourages active involvement within the IOTA20 ecosystem.
Furthermore, IOTA20 addresses some of the shortcomings of its predecessor by ensuring a user-friendly investment experience. Drawing lessons from errors, IOTA20 endeavors to cultivate an enduring platform propelled by the community, instilling trust and assurance among its users and stakeholders.
As the project evolves, IOTA20 conducts a presale to engage with early investors and enthusiasts, fostering community involvement and gathering feedback. By embracing community collaboration, IOTA20 aims to develop a thriving ecosystem that fulfills the vision of a decentralized and innovative crypto project.
IOTA 2.0 Tokenomics
IOTA20 has been carefully crafted to mirror the supply dynamics of its predecessor, the IOTA. Its total token supply is limited to 2,779,530,283 tokens, which aligns with the supply of MIOTA. This ensures a sense of continuity and familiarity for investors in IOTA20.
The way the team behind the project has planned the distribution strategy for $IOTA20 is carefully designed to ensure it is fair and promotes competition. The team has allocated a 90% of the token supply for the ongoing presale giving early investors a great chance to get involved and purchase IOTA20 tokens at a competitive price. In essence, this approach encourages community participation from the start setting the foundation for a decentralized ecosystem.
In order to enhance the availability of funds and improve the effectiveness of trading, the project will secure 10% of the supply in the Uniswap liquidity pool for three months after the official launch of IOTA20. This step is intended to reduce worries about price fluctuations during trading and ensure a convenient trading process for our users.
The principles governing the tokenomics of IOTA20 prioritize the involvement of the community. Promote inclusivity by encouraging engagement from all stakeholders. The distribution plan not only facilitates one of the best crypto presales but also aims to guarantee the long-term stability and expansion of the IOTA20 ecosystem.
By emulating the supply dynamics of the IOTA and implementing a balanced approach to token allocation, IOTA20 strives to establish itself as a prominent player among cryptocurrencies. Its vision revolves around a community-driven platform to cultivate a sustainable ecosystem that fosters innovation.
To summarize it all, the IOTA20s tokenomics framework offers a blueprint for a launch and sustained growth. By prioritizing transparency, fairness, and active community participation, IOTA20 aims to redefine the future of technology while forging its unique path among digital currencies.
Why is IOTA 2.0 better than IOTA?
The original IOTA faced criticism for its complexity and initial centralization, concerns about security vulnerabilities, challenges with a complex wallet and user experience, and a lack of community transparency. With IOTA20, various steps have been taken to resolve most of these concerns and address these issues to deliver a cryptocurrency that will be easily adopted.
Here are a few reasons why IOTA20 is better than its predecessor;
IOTA20 is an ERC-20 token that uses the Ethereum blockchain as its underlying technology. Using the Ethereum network, IOTA20 has access to a mature ecosystem with many benefits. Being built on Ethereum has the advantage of interoperability. IOTA20 can interact seamlessly with other Ethereum-based tokens and smart contracts because it’s an ERC-20 token. With this interoperability, IOTA20 can integrate with a wide range of decentralized apps, expanding its potential use cases.
✔️ Embraces True Decentralization
Over the past few years, decentralization has gained much traction in blockchain. With IOTA20, we’re seeing a new era of true decentralization. In order to empower its community, IOTA20 leverages the decentralized nature of Ethereum’s blockchain by learning from its predecessor’s centralization concerns. IOTA20 aims to foster a more equitable and distributed ecosystem through active community participation in governance and decision-making.
✔️ Security Measures
As a fundamental part of its operations, IOTA20 places utmost importance on security. The IOTA20 platform leverages Ethereum’s advanced security features to achieve the highest level of protection. Implementing rigorous testing and auditing processes is one of IOTA20’s key security measures. These measures aim to identify and fix flaws in the platform’s architecture and code. IOTA20 safeguards user assets by prioritizing security, protecting them from potential risks such as hacking, fraud, or unauthorized access.
✔️Ease of use
Taking a significant step towards resolving the complexities hindering its predecessor, IOTA20 focuses on user experience. By streamlining the user interface and incorporating intuitive design principles, IOTA20 offers a simplified and user-friendly wallet experience. The wallet design of IOTA20 has been meticulously designed to make it easy for users to interact with the platform. By prioritizing user experience, IOTA20 aims to attract a broader user base and encourage active participation within its ecosystem.
✔️ Passive Income through Staking
With IOTA20, investors can generate passive income through staking that can be access through the best Ethereum staking platforms. In exchange for participating in securing and validating transactions, stakers earn tokens, which they can use to make money. A key feature of IOTA20 is that 40% of its token supply is reserved for staking rewards. It’s a great advantage for investors, giving them a steady and reliable supply of tokens. Using the Proof-of-Stake consensus mechanism, IOTA20 ensures an eco-friendly, sustainable approach.
✔️ Scalability and Efficiency
A blockchain project’s scalability determines whether it can handle a growing number of transactions without sacrificing speed or efficiency. IOTA’s original network had many scalability problems, impacting its performance overall. IOTA20, however, makes significant progress in addressing this issue. IOTA20 aims to enhance scalability and speed up transactions by using innovative solutions. Having these improvements is crucial to meeting the needs of a global, decentralized economy.
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Pros and Cons of Buying IOTA20 in 2023
Considering the potential short-term and long-term benefits or opportunities attached to investing in IOTA20 in 2023, investors may consider it a worthy buy. However, it is essential that before making any investment decision, investors should carefully consider both the pros and cons of investing concerning their individual preferences and investment goals. Therefore, for ease and in-depth understanding of this new token, let’s take a look at the pros and cons of investing in it at such a time.
- A presale price of $0.00145, which is 50x cheaper than IOTA’s all-time low of about $5.69.
- The token has a potential gain of about 3900x.
- IOTA20 employs a stake-to-earn model for long-term holders, which participants can enjoy from the reserved 40% token supply.
- Holders can access staking through different means, including the usual MetaMask or Ethereum-based wallet.
- IOTA20 has many competitors in the industry.
- There are limited utilities compared to other new cryptocurrency projects.
- There are risks involved in investing in a project in its early stages.
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IOTA 20 Roadmap
IOTA20 follows a thoroughly designed roadmap that offers a glimpse into the project’s ambitions and promising future. This roadmap consists of four phases of strategic direction to ensure that the project achieves all its laid-down goals.
Phase 1 – Presale
Like every other new cryptocurrency project, IOTA20 begins its journey with a presale organized to secure the necessary funding for the upcoming launch of the token. During this crucial phase, 50% of the expected total supply of tokens capped at 1,389,765,141.5 will be exclusively made available to the general public at a fixed price of $0.00145 each. This presale price, 50x cheaper than IOTA’s all-time low, will help establish a solid foundation for the token and build strategic partnerships with potential investors. After this phase ends, the reserved 50% will be available to the public.
Phase 2 – Launch
The principal aim for this phase is for the IOTA20 token to be listed in the market. Thus, right after the presale ends, the IOTA20 token will be listed on Uniswap, where the wider community can get it at its starting market price of $4,030,319. However, to ensure a fair launch, while the token is listed on Uniswap, presale buyers can claim their tokens simultaneously on the token’s official platform. Additionally, 10% of the reserved token supply for liquidity will be locked for three months.
Phase 3 – Marketing
This phase is primarily to get IOTA20 trending on all available platforms worldwide. Thus, to create awareness about the token, the team will employ campaign strategies such as banner ads, content creation, and social media campaigns to enhance their visibility. Overall, the campaign focuses on attracting potential buyers by informing them of the token’s unique features and promising future.
Phase 4 – Staking
This phase may be likened to a reward session for long-term holders. Since users are allowed to stake their IOTA20 tokens for generous rewards through the proof-of-stake technology, participants can earn passive income over time. Thus, the reserved 40% of the supply of the tokens will be paid out to participants in the staking pool.
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How To Buy IOTA20 – Full Presale Guide
IOTA20 is currently in its presale phase, and it is no news that it is the best time to buy a new undervalued cryptocurrency. This is primarily linked to the token being sold at a much lower price than the proposed market price. Therefore it is advisable to take advantage of this mouth-watering opportunity.
Thus, to be among the few people with exclusive access to buy the IOTA20 token at its discounted presale price of $0.00145, this section will provide a step-by-step guide to make the purchase process seamless.
Step 1: Buy ETH or USDT from eToro
The first step to buying your IOTA20 tokens is to first purchase Ethereum (ETH) or Tether (USDT) from a reputable exchange such as eToro. To do this, you must log in or open an account on the eToro platform if you don’t already have one.
Upon logging in and completing the necessary verification process, you’d be given an eToro account where you’d now be able to deposit funds using your preferred payment method. Once the deposit process is complete, you then go ahead to find ETH or USDT from the trading interface. You can purchase your preferred cryptocurrency if you’re satisfied with the market conditions.
Step 2: Move cryptos to eToro Money Wallet
The eToro Money Wallet is a secure and easy-to-use crypto wallet that allows you to store your ETH or USDT. Thus, upon successfully purchasing either currency, transferring the crypto to your eToro Money Wallet is advisable to maintain control of the asset. You should note that the entire process is void of unnecessary complexity and easy to navigate.
Step 3: Transfer cryptos to MetaMask
To transfer the crypto from your eToro Money wallet to your MetaMask wallet, you must first open the MetaMask wallet app. After that, click “Receive” to get your wallet address and copy it. Once added to the clipboard, return to the Money section on eToro and choose “Send” for the crypto you purchased. After which, you’ll paste your MetaMask address as the recipient and specify the amount to transfer.
However, before confirming the transaction, double-check all details for accuracy. Once you’ve confirmed it’s error-free and clicked on “confirm,” the cryptocurrency will be sent to your MetaMask wallet, enabling you to proceed with the token purchase process.
Step 4: Connect MetaMask to IOTA20 presale
To connect with the IOTA20 presale, the first step is to visit their official website and find the dedicated section for the event. Look for the “Connect MetaMask” option and click on it. MetaMask will then ask for your authorization to connect. Review the details MetaMask displays to ensure you connect to the correct website.
Once you’ve confirmed the information, connect your MetaMask wallet successfully. With the established connection, you can continue the token purchase process on the IOTA20 presale platform.
Step 5: Swap cryptos for IOTA20
After successfully connecting your MetaMask wallet to the IOTA20 presale website, you can swap your ETH or USDT for IOTA20 tokens. You’ll have to go to the presale platform to start this process. Once you’re there, find the section for token swaps or exchanges. Look for the option to swap your ETH or USDT for IOTA20 tokens. Once you select it, the platform will show you all the necessary details.
Reading through all the details provided is essential to avoid errors carefully. If you’re satisfied with the terms, exchange rate, and other fees that may come up, confirm the swap. Once you’ve confirmed it, the platform will process the transaction.
Step 6: Claim cryptos after the presale
Once the IOTA20 presale is over, the next phase is the launch. Therefore, those who bought the token during the presale can claim their IOTA20 tokens. You must go to the IOTA20 official website and enter some details, especially your MetaMask wallet address.
Once your details are verified and confirmed eligible, the equivalent IOTA20 tokens will be deposited into your MetaMask wallet. Therefore, it is essential to cross-check your details to avoid unnecessary delay in getting access to your assets.
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How To Buy IOTA20 – Token Price Prediction
One of the best ways to understand whether or not a new crypto is worth buying is to look at the crypto price prediction. IOTA20 is no exception to this. The following section takes a look at the potential performance of IOTA20 until 2030 to see whether it is a good long term crypto investment.
2023 Price Prediction
In the presale stage, a cryptocurrency’s accurate prediction of value cannot be easily analyzed. Still in presale, the value of IOTA20 by the end of the year when it finally hits the crypto market might not be accurate, but a close estimate can be given.
The fixed price of the token at its presale is $0.00145. The token is expected to officially launch into the crypto market in the final quarter 2023. Given its present performance and if it is successfully listed in popular crypto exchange platforms with its popularity, IOTA20 is expected to be at around $0.015 by the end of the year, which is about 10x its present value.
2025 Price Prediction
The IOTA20 roadmap states that the project aims to allow investors who missed the original bull run of IOTA to experience it by creating a replica in the form of IOTA 2.0.
If the project achieves the aim pointed out by the roadmap, the token might be able to duplicate the early success of IOTA. Another factor likely to affect the value positively is if the investors trust the token’s potential and continue investing in it, ignoring possible new cryptocurrencies.
The expected value of the token in the first half of the year is around $3, and if it maintains its performance, it is expected to conclude the year 2025 with a value of around $5.
2030 Price Prediction
By 2030, experts assume cryptocurrency will be the main form of transaction globally. This assumption means the crypto market is expected to witness a significant change by 2030, where valuable and popular cryptocurrencies already in use would likely be the means of transactions worldwide.
The value of IOTA 2.0 can be crucially affected at this time. Suppose the token maintains its present performance and the expected performance speculated by experts in coming years. In that case, the value of the IOTA 2.0 can easily be over $10 by the end of 2030.
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How To Buy IOTA20 in 2023 – Conclusion
Overall, IOTA 2.0 is set to be a game-changer in the cryptocurrency space. By addressing its predecessor’s shortcomings and leveraging Ethereum’s blockchain’s potential, IOTA20 has positioned itself to redefine the future of cryptocurrencies. With its scalable architecture, quantum-resistant security, focus on IoT, and commitment to sustainability, IOTA20 is poised to leave a lasting impact in the blockchain space. Investors seeking an opportunity to be part of a transformative cryptocurrency project may find IOTA20’s proposition both enticing and rewarding, and if you’re one of them, now you know how to buy IOTA 2.0.
Your money is at risk