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IOTA on Zest runs over the BNB Smart Chain network, meaning you're swapping a tokenised representation of IOTA rather than native IOTA on its own ledger. Traders often swap into or out of IOTA to rebalance portfolios that include DeFi-adjacent assets, or to move exposure in and out of the project without managing a separate native wallet. Because the token lives on BNB Smart Chain, it benefits from that network's established infrastructure.
Before swapping IOTA on Zest, confirm that your receiving wallet or platform supports the BNB Smart Chain (BEP-20) version of IOTA — sending a BEP-20 token to a native IOTA address will result in loss of funds. Double-check that your destination address is a valid BNB Smart Chain address (beginning with 0x). No memo or destination tag is required for IOTA swaps on this network. Confirmation times can vary depending on BNB Smart Chain network congestion, so factor in some flexibility. The Zest widget displays the estimated output and rate before you confirm, giving you a chance to review all details prior to committing.
BNB Smart Chain
IOTA (IOTA) is a cryptocurrency launched in 2015. IOTA has a current supply of 4,600,000,000 with 4,516,903,798 in circulation. The last known price of IOTA is 0.03909055 USD and is up 0.52 over the last 24 hours. It is currently trading on 233 active market(s) with $6,439,412.57 traded over the last 24 hours. More information can be found at https://www.iota.org/.
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