Earning IOTA by selling your stuff
March 2, 2018
March 2, 2018
Junktion will Buy your physical items in exchange for IOTA. We are in the middle of a financial revolution and we do not want anyone to miss out on any part of it. So, we are finding new ways for our users to obtain cryptocurrencies Including Iota without spending cash. If you ever wondered how to sell something for iota or cryptocurrency you have come to the right place.
The rise of crypto
Cryptocurrency, particularly Bitcoin, was invented by Satoshi Nakamoto. That invention was called a “Peer-to-Peer Electronic-Cash System.“ It sought to remedy the problem of double spending by establishing a central server that keeps track of all the transactions including the accounts and balances.
If the term cryptocurrency sounds vague but still familiar, blame it on cryptography, the process of creating a code out of legible information. It all started during World War-II when people required a secure means of communication. Today, it is used not merely to secure information but also online monetary transactions.
The growth in cryptocurrencies is a shift in wealth that will only happen once in our lifetimes. The movement from physical to digital is upon us. Junktion is connecting the dots by allowing users to sell anything they wish in exchange for IOTA and most other cryptocurrencies.
Why Selling Your Items For IOTA is a Good Idea
Iotas growth as an investment
while Bitcoin managed to get into the headlines since it was introduced, the lesser-known IOTA peaked up in prices in November 2017 with a no less than $1 Billion market valuation. IOTA makes use of Tangle or a Directed Acyclic Graph to facilitate transactions between many similar platforms.
IOTA is designed to facilitate payments between machines involving the “Internet-of-Things”. David Sonstebo, co-founder of IOTA, called the cryptocurrency a “sleeping giant” and true enough, it became the 4th most traded in the world of cryptocurrency. With this, the number of people who want to know how to sell for Iota has increased.
Why should I sell my items for Iota?
Unlike other cryptocurrencies, Tangle operates using two transactions, the first of which removes the function of the miners to make the trans-actions valid. Because of this, bottlenecks are reduced resulting to faster and better transactions.
The number of IOTA users is also directly proportional to the transaction and growth speed. More importantly, the system has managed to avoid network delays as a result of congestion and solved problems related to scaling. A case in point is the use of a vending machine powered by IOTA which releases soda without transaction costs. Another example is the use of IOTA funds to order milk from Amazon just by scanning the code and have it delivered to your location.
Selling Your Stuff For IOTA Is A Great Way To Get The Coin Without Spending Money
The marketplace is slowly becoming ready for cryptocurrency like IOTA. It is a good idea to sell your items in exchange for cryptocurrency, provided you research on the most feasible and stable tokens. One of the most reliable cryptocurrencies in the market today is IOTA as it does not use blockchain, although it makes use of the next generation blockchain without the negative issues that come with it like high transaction fees and congestion.
So what makes IOTA a lot better than the other cryptocurrencies that rely on the Blockchain technology? As already mentioned, it is powered by the Tangle technology which allows information to flow between devices that make use of the Internet of Things (IOT). If you are confident that the IoT technology is going to boom then investing in IOTA is a good decision.
If you plan to invest on IOTA without spending money, then the best thing to do is to sell your things in exchange for the cryptocurrency This is where Junktion comes in and saves the day. Expect to see a reduction in the price of your items the moment the crypto-currency rate goes up since by that time, your buyers will be able to buy more of your products with a little amount of IOTA.
Where Can You Use IOTA?
Aside from buying products in the market, you can also make use of cryptocurrencies like the IOTA to buy hard-to-acquire gaming items. Many online multiplayer games now allow the exchange or trading of game items. These tokens can also be used in online gaming casinos and sports betting.
You can also use cryptocurrencies like the IOTA to run your retail business. Experts predict that paper money will soon become obsolete and the best way to hedge for such an eventuality is by accepting digital payment.
The many issues faced by Blockchain-powered cryptocurrencies have forced users to go for the alternative cryptocurrencies such as IOTA. With Bitcoins reaching its peak transaction limit as of 2017, it is imperative that you start looking for another mature platform for digital transactions.
Bitfinex and other open trading markets are starting to accept IOTA as a payment method. However, this is only temporary as it is still in the experimental stage due to the risks involved in the currency fluctuations. The digital currency can now be used to pay registration or even renewal of domain names although it comes with the risk of fluctuation. And because of that risk, these vendors charge a surplus of around 10% in addition to the maximum limits imposed on transactions using IOTA.
If you are interested in learning how to sell for Iota, then you must re-search on its strengths and weaknesses. As of August last year, the IOTA was roughly $0.87 which was almost the same price when Bitcoin started. Today, the IOTA is priced at $1.92 with 2.78 billion digital coins in circulation and up to $76,772,858 in total volume being exchanged.
There are many reasons why IOTA has proven to be a better option than the other cryptocurrencies. It is the perfect digital currency for micropayments since there are no transaction fees involved. It follows a machine to machine protocol and this makes it viable for IoT devices. More importantly, it has undergone heavy and thorough testing for years before it was released.
Selling your stuff for iota is a great way to get IOTA without spending money on IOTA
The IOTA is based on a revolutionary concept and its creators have learned from the mistakes of the cryptocurrencies that came before it. Thus, you can expect it to be the next big thing in the digital block. After all, it can be used even in offline transactions, it has zero cost of trans-action and it offers a lot of possibilities for scalability. Our company believes in this which is why we ourselves buy cryptocurrencies. If you are looking for a place to buy and sell IOTA then we can do business. We want to help connect people with crpyto by buying everything you have for sale in IOTA. We are the people who you visit when you think how can I sell my stuff for IOTA
It is notable to mention that the founders of IOTA which is the non-profit IOTA Foundation, is knowns for its opposition to the Bitcoin. While the reason for that remains a mystery, IOTA is now being used and is showing some signs that it will be a big thing in the future because it is open source and makes use of the business-to-business concept.