MIOTA | A cryptocurrency recently added to Trade.io's exchange
As its name implies, this project was created to enhance the "Internet of Things" or IoT. The idea is to allow machines to communicate with each other in a secure and scalable way in order to facilitate the flow of information in homes with smart devices and even entire cities that have integrated intelligent machines.
This project allows free transactions and is designed to scale without major complications. As it is designed to allow small intelligent devices to communicate, it does not take much computing power to provide information to this network, and it is important to notice that this doesn't compromise the integrity of the transactions at all.
Currently, this project is considered the 15 most valuable in the entire cryptocurrency industry, with a market capitalization of around $1,335,759,538 according to figures of coinmarketcap at the time of writing this article. It is undoubtedly one of the leading projects in the industry and it is great news for Trade.io users to have this token available in the exchange!
This is my English translation of a segment from one of my previous Spanish articles.
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This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.