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Simple Steps to Buy IoTeX with CoinDCX
IoTeX (IOTX) is a Layer-1 blockchain connecting real-world devices to crypto networks. You can buy IoTeX in India in INR on CoinDCX and trade in a market that stays open 24/7.
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You get 0.000025 BTC for ₹ 100
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IoTeX (IOTX) is a Layer-1 blockchain, live since 2019, that connects real-world devices and data to crypto networks. It runs Ethereum-style apps and focuses on DePIN (decentralised physical infrastructure). IOTX pays fees, stakes to secure the network, and handles governance. The focus is distinctive, though DePIN is still early and IOTX has a large supply that keeps its price low.
In India, IOTX is treated as a Virtual Digital Asset (VDA) under the Income-tax Act, so you can legally buy, hold, and sell it.
FIU-IND registration, ISO/IEC certification, and offline cold storage help keep customer assets secure.
Trade IOTX anytime, with UPI and IMPS deposits typically credited within minutes.

Trade IOTX anytime, with UPI and IMPS deposits typically credited within minutes.

Despite years of development, IoTeX’s real-world usage remains small. Its value depends heavily on this.

DePIN, or connecting physical infrastructure to blockchain, is still a new and unproven area, and IoTeX competes with other projects in it.

IOTX has a large supply of about 10 billion, a micro price, and it trades well below its all-time high with sharp swings. Weigh this before you invest in IoTeX.
Follow these 4 simple steps to start investing in IoTeX (IOTX) in India:
Create your account and complete KYC.
Transfer INR via UPI, IMPS, NEFT or RTGS.
Open the IOTX market and check the live price.
Enter the INR amount and confirm your order
Yes, IoTeX (IOTX) is treated as a Virtual Digital Asset under the Income-tax Act, so buying, holding, and selling are allowed, though it is not legal tender. India regulates crypto as a taxable, speculative asset, and platforms serving Indian users must be registered with FIU-IND under anti-money-laundering rules.
To buy IoTeX for the first time, sign up on CoinDCX, complete KYC with your PAN and Aadhaar, deposit INR through UPI or IMPS, then open the IOTX market and confirm your order.
Add INR to your CoinDCX account by choosing UPI as the payment method, entering the amount, and approving the request in your UPI app. Once the balance reflects, open the IOTX market, enter your INR amount, and confirm.
You do not need to buy a whole IOTX, which is priced at a fraction of a rupee. A small INR order buys many tokens. The exact per-order minimum is shown on the CoinDCX order screen before you confirm.
Yes, because IOTX has a very low unit price, ₹100 buys many tokens. Open the app, search for IoTeX, tap Buy, enter the rupee amount, and confirm.
IOTX can be bought against the rupee on FIU-IND registered Indian exchanges, so no stablecoin conversion is needed. Judge any venue on three points: FIU-IND registration under the PMLA, a direct INR pair, and published custody practices such as cold storage and Proof of Reserves.
Selling or swapping your tokens triggers a flat 30% tax plus 4% cess on profits, resulting in an effective tax rate of 31.2% under the Income-tax Act, 2025. Additionally, a 1% TDS is deducted from the total trade value upon transfer under Section 393(1) of the Act. Crypto losses cannot be set off against other income.
IoTeX has genuinely distinctive technology, a real-world focus, token utility, and a long-running team. Against that, its actual adoption is still small, the DePIN sector is unproven, it has a large supply, and IOTX trades far below its all-time high. This makes it a higher-risk, speculative asset.
DePIN stands for decentralised physical infrastructure networks, which use crypto incentives to build and run real-world networks of devices, such as sensors or cameras, rather than relying on a single company. IoTeX provides the blockchain and tools that let these devices prove what they did and bring that verified data on-chain. IOTX is the token that pays for this activity, secures the network through staking, and governs the project.
Yes, IoTeX uses a delegated proof-of-stake system, so IOTX can be staked to help secure the network and earn rewards, where a platform supports it. IOTX has a large supply of about 10 billion tokens, most of which is already in circulation, and the project uses burn mechanisms tied to network activity.
CoinDCX is considered one of the leading platforms to buy IoTeX in India, with FIU-IND registration under the PMLA, ISO/IEC certification, direct INR funding via UPI, IMPS, NEFT and RTGS, and published Proof of Reserves.
Enable app-based two-factor authentication rather than SMS, and use a password you have not reused elsewhere. Never share an OTP, seed phrase, or remote access to your screen. If you withdraw to a personal wallet, check the address carefully and send a small test amount first, because on-chain transfers cannot be reversed.
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