Binance, Exchanges

Is IoTeX a Binance?

IoTeX is not a Binance.

IoTeX is its own blockchain platform that is designed for the Internet of Things (IoT). The platform focuses on privacy, scalability, and interoperability.

NOTE: IoTeX is not a Binance exchange. It is an open-source blockchain platform for the Internet of Things (IoT). Binance is a cryptocurrency exchange platform. Although IoTeX and Binance have both been created for cryptocurrency trading, they are two completely different platforms and should not be confused.

IoTeX aims to build a decentralized network of IoT-compatible devices that can communicate with each other.

The native currency of the IoTeX platform is called IOTX. IOTX can be used to pay for transaction fees and to reward users for participating in the network.

IoTeX is not affiliated with Binance. However, Binance does list IOTX on its exchange.

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