Monday, December 23, 2024

IoTeX (IOTX) Now Listed on Binance.US, Expanding Access to DePIN Ecosystem

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KEY TAKEAWAYS

  • IoTeX (IOTX) is now listed on Binance.US, enhancing its presence in the U.S. market.
  • The listing allows trading of IOTX/USDT, increasing accessibility for users and developers.
  • Binance.US offers a secure and compliant platform for IoTeX token holders to engage with the network.
  • This development supports IoTeX’s mission to advance the Decentralized Physical Infrastructure Networks (DePIN) ecosystem.

IoTeX (IOTX) has been officially listed on Binance.US, a major cryptocurrency exchange in the United States. This development marks a significant milestone for IoTeX’s mission to enhance the Decentralized Physical Infrastructure Networks (DePIN) ecosystem. The listing was announced here.

Starting December 18, 2024, users on Binance.US can trade IOTX via the IOTX/USDT pair. The platform allows seamless deposits and withdrawals of IOTX through the Ethereum network, enhancing accessibility for users, developers, and DePIN innovators.

The listing on Binance.US provides U.S.-based users with easier access to trade and hold IOTX. Known for its low fees, high security, and regulatory compliance, Binance.US offers IoTeX token holders a trusted platform to engage with the network’s native token. This comes at a pivotal moment for IoTeX as it continues to expand its ecosystem of DePIN devices and decentralized applications (dApps).

How to Trade IOTX on Binance.US

To trade IOTX on Binance.US, users need to sign up or log into their Binance.US account. After depositing funds, which can include direct deposits of IOTX via the Ethereum network, users can start trading the IOTX/USDT pair. The Binance.US mobile app, available on iOS and Android, provides additional convenience for trading on the go.

IoTeX’s Role in the DePIN Ecosystem

As the native utility token of the IoTeX blockchain, IOTX is used for paying transaction fees, staking for network governance, accessing DePIN services, and certifying DePIN devices. The listing on Binance.US is seen as a testament to the dedication of the IoTeX community and partners in advancing a decentralized future for physical infrastructure.

IoTeX continues to focus on innovation and growth, aiming to create a world where devices are trusted, and data ownership is returned to users. The expansion of IoTeX’s reach through this listing is a step towards achieving these goals.


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Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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