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IOTA gets listed on Bitfinex, hits $1.6 Billion Market Capitalization

Iota, What is Iota, Iota ICO, Iota token, Internet of Things

Bitfinex Cryptocurrency Exchange Lists IOTA

IOTA, gets listed on Bitfinex cryptocurrency exchange. The token can be traded in IOT/BTC  and USD pairs.

Immediately after going live on Bitfinex, the volume in transaction increased to such a limit that Bitfinex servers carshed.

Within the first three hours of trading, 4.44 Million Mega IOTA were traded with the IOT/USD pair. The IOT/BTC trades showed even greater activity, showing 11.67 Million Mega IOTA traded in the same period.

Not only this, the IOTA also entered in the list of Top Ten Cryptocurrencies based on market capitalization. The token was on Sixth position with a market capitalization of $1,666,931,563, priced around $0.59, at the time of publishing this article.

What is IOTA?

According to the website, “IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees.”

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