IOST Price in India (IOST)

IOST (iost) is a digital cryptocurrency that has developed a reputation for being super-fast. It is fully-fledged and has a network of decentralized blockchains. The IOST crypto has its network and digital wallets. They are governed by Proof-of-believability and based on census protocol that is regarded as next generation. Its Internet of Service-based compliance allowed its token to provide a solution to high-end companies to include blockchains in their network.

The IOST cryptocurrency was developed to become the backbone for future online services. The blockchain network is an open-source platform that is extensible and highly secure. The IOST was built to support business transactions and create a name for itself among tech giants, such as Amazon, Facebook, and Google.

• It is an open-source network and provides better scalability and security.
• It supports business transactions and develops a backbone for future online services.
• Provides a fully-fledged decentralized network of blockchains.
• It describes itself as an ultra-fast network that is adaptable to business networks.
• It is based on Proof-of-believability and has secured consensus protocol.
• Its IOS helps in including the blockchains into the transactions.

The IOST cryptocurrency is a stable crypto since it is non-volatile. Though it does not have a high trending rate, it still provides adequate liquidity than any other crypto.So, if you are looking for a digital currency that provides a stable income, IOST could be a good choice.

You can use the IOST coin in a business transaction as it is considered ultra-fast. You can use them in the following ways:

• Exchange: IOST can be used on different trading and exchange platforms as they are highly stable. 
• Investment: The growth of IOST tokens is slow, but they often grow at a stable rate. Therefore, they can be profitable and can be used excessively. 
• International Transfer: It enhances the transfer of digital currencies internationally, without any included levy charges.
• Online payment: It can be used as an online payment option on different e-commerce websites.

Pros

• Easy Transactions:

  It is ultra-fast and helps in the easy transactions of a business.

• Strong Ground:

  It removes the risk of price alteration and provides a firm ground for daily traders.

• Stable Coin:

  The IOST is very stable.

Cons

• Slow Growth Rate:

  The growth of IOST is pretty slow when compared to other coins, however it could be good for long term investment.

• High Competition:

  It has high competition in the market, with crypto that have better return and value.

• You can start investing in the IOST by paying a small amount of Rs.100 only.
• It allows you to exchange currencies easily.
• No processing fees are involved in the currency exchange.
• No need to wait for a maturity period, and you withdraw money anytime.
• Allows easy international trading with the best price.

The ICO for IOST (iost) ended on 2nd January 2018. In the initial offering, 40% of the token was available for sale. It is an ERC-20 token and was available at $0.01 and raised a total of $31,300,000. The total count of tokens in the ICO was 21,000,000,000.