Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy IRISnet (IRIS) in the US

A beginner's guide to buying and selling IRIS in the US.

IRISnet
IRIS- USD
$0.08
+$0.01 (+7.03%)

How to buy IRISnet

Look for an exchange that supports both fiat and cryptocurrency to simplify buying IRISnet.

  1. Open an account on an exchange that supports IRIS.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy IRISnet.
  3. Buy IRISnet.
    Complete your IRISnet purchase and then find the best wallet to store IRIS.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is IRISnet?

IRIS is the native utility token of the IRIS Network. This network is essentially a blockchain framework that allows interaction between various blockchains and the applications built on them. The blockchain is called the IRIS Hub. It's built using the Cosmos project’s technology. In addition to supporting token transfers across blockchains, it also allows resource computation and data consumption from different systems. The blockchain uses a Bonded Proof of Stake (BPoS) consensus model, which is a variation of the Delegated Proof of Stake (DPoS) model that allows token stakers to earn additional rewards in proportion to the tokens staked. Currently, the network allows only 100 validators who are chosen based on the amount of IRIS tokens you stake and the number of tokens other users on the network delegate to you.

IRISnet (IRIS) is the 350th largest cryptocurrency in the world by market cap, valued at $84,641,949. The current price of IRISnet is $0.078947, which is 8.025% higher than yesterday. Prices have ranged between $0.079444 and $0.071909 over the past 24 hours. All prices are listed in US dollars and accurate as of August 01, 2021 12:08 UTC.

Where to buy IRISnet

Find an exchange to buy, sell and trade IRIS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

125
cryptocurrencies

Get 0% fees on credit/debit card purchases for 30 days after signup.
Buy 80+ cryptocurrencies, earn up to 8% on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
loading

Compare up to 4 providers

IRISnet at a glance

Information last updated August 01, 2021 12:08 UTC.
Coin symbolIRIS
Total IRIS supply1,993,957,077
Circulating IRIS1,072,283,829
Current priceUS$0.078947
All time highUS$0.299467
All time high dateApril 13, 2021
Notable team membersHarriet Cao, Haifeng Xi
PartnershipsThe Interchain Foundation, PlatON, HashKey Group
IndustryBlockchain interoperability
Token usesUtility token
NetworkIRISnet

IRISnet price performance over time

Historical prices compared with the price of US$0.078947.

1 hour 0.43%
24 hours 8.02%
7 days 14.29%
14 days 16.77%
30 days 5.26%
60 days -4.05%
200 days 104.83%
1 year 35.17%

How to sell IRISnet

You can cash out your IRIS with the same exchange you bought it through:

  1. Sign in to the exchange you have IRIS on.
    If you store your IRISnet in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of IRIS you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of IRISnet.

What to consider when buying IRISnet

Before you add IRIS to your investment portfolio, you should consider these factors:
  • Technical backing: The protocol is developed using the technical expertise of Bianjie AI, a high-tech firm based in China, and Tendermint, the creators of the Cosmos project. It's also involved in China’s Blockchain Service Network, which is the state-backed blockchain project. Such backing reduces the chance of failure and improves the chances of mass adoption.
  • Liquidity: Due to the backing this project has, its native token IRIS is listed on major crypto exchanges such as Binance, Huobi Global, Crypto.com and Gate.io, which ensures that there is robust liquidity for this token. Due to China’s involvement in this project, it initially focussed on the Chinese and Korean markets, but is now expanding its reach into global markets.
  • Governance: IRIS is also the governance token of the protocol. It has an integral role in its governance. The overall total supply has a 4% inflation rate since the validators are distributed block rewards. The inflation rate is decided through on-chain governance via token holders.
Disclaimer: Cryptocurrencies, including IRISnet, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of IRIS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the IRISnet or any other cryptocurrency discussed.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site