Details about Binance-Peg IoTeX cryptocurrency
€44,177
11.884
Unknown
https://iotex.io/
@iotex_io
https://www.reddit.com
Binance-Peg IoTeX price charts
IOTX exchanges
Binance-Peg IoTeX, the crypto
Binance-Peg IoTeX (IOTX) is a cryptocurrency that represents IoTeX on the Binance Smart Chain (BSC) network. It is a token that is pegged to the value of IoTeX, but can be used on the Binance Smart Chain network for faster and cheaper transactions.
The point
The main point of Binance-Peg IoTeX (IOTX) is to provide a faster and cheaper way for users to transact IoTeX on the Binance Smart Chain network. By pegging IoTeX to a Binance token, users can take advantage of the BSC network for quicker and more efficient transactions.
The problem
One of the problems Binance-Peg IoTeX (IOTX) tries to solve is the issue of high transaction fees and slow processing times on the Ethereum network. By being able to use an IoTeX token on the Binance Smart Chain network, users can perform transactions more quickly and cost-effectively.
Compare IOTX and BTC performance
| Timeframe | IOTX | BTC |
|---|---|---|
| 1h change | 0.167626 % | 0.305838 % |
| 24h change | -0.24 % | 0.187777 % |
| 7 day change | 17.28 % | 2.94063 % |
| 14 day change | -18.24 % | -9.32991 % |
| 30 day change | -16.55 % | -7.64602 % |
| 200 day change | 235.56 % | 127.554 % |
| Year change | 154.3 % | 132.596 % |