IQ (IQ) is a cryptocurrency that powers an AI and blockchain-based ecosystem. It is used for staking, governance, and accessing enhanced functionalities across the IQ platform. The IQ token enables holders to participate in governance and provides additional features within the ecosystem.
The IQ (IQ) cryptocurrency is used in various ways within the IQ Crypto ecosystem:
Staking: IQ tokens can be staked through the HiIQ staking method, which allows holders to participate in the governance of the platform and receive rewards.
Governance: IQ tokens serve as a governance token, enabling holders to influence platform decisions and contribute to the development of the ecosystem.
Access to Enhanced Functionality: IQ tokens grant access to additional features and functionalities across the IQ ecosystem, such as AI-powered tools like IQ GPT and IQ Code.
DeFi Mechanisms: IQ tokens are integrated into DeFi mechanisms, providing users with opportunities for decentralized finance applications.
BrainDAO Treasury: The BrainDAO, a decentralized autonomous organization, manages a treasury of IQ tokens, stablecoins, NFTs, and other digital assets.
Overall, the IQ token plays a central role in powering the IQ Crypto ecosystem, incentivizing knowledge sharing, and driving the development of AI integrations.
To store IQ tokens securely, you can use a variety of methods:
Ledger Nano X: You can store IQ tokens on a Ledger Nano X by following the instructions provided by Ledger. Ensure you have the latest firmware and software updates to support the IQ token.
Atomic Wallet: Atomic Wallet is a multi-asset wallet that supports IQ tokens. It offers a secure and user-friendly platform for managing your IQ tokens. You can download the wallet for desktop or mobile devices.
MyEtherWallet: MyEtherWallet offers a secure IQ wallet solution through its partnership with Enkrypt. This wallet allows you to hold and interact with IQ tokens securely.
- Guarda Wallet: Guarda Wallet is another option for storing IQ tokens. It provides a non-custodial, decentralized wallet that supports IQ tokens and offers features like buying, sending, and exchanging cryptocurrencies.
When choosing a wallet, consider factors such as security, ease of use, and compatibility with your devices. Always follow best practices for securing your wallet, such as using strong passwords and storing your seed phrase safely.
To buy IQ tokens, follow these steps:
Choose a Cryptocurrency Exchange: Select a reputable exchange that supports IQ trading, such as Binance, CoinEx, OKX, gate.io, MEXC, or Coinmerce. Ensure the exchange accepts customers from your country and offers the necessary trading features for your needs.
Create an Account: Register a free account on the chosen exchange. This typically involves providing personal information like your name and email address. Some exchanges may require completing Know Your Customer (KYC) verification to increase withdrawal limits and unlock additional features.
Fund Your Account: Deposit fiat currency into your exchange account using methods such as credit cards, debit cards, bank transfers, or third-party payment channels. You can also purchase a stablecoin like USDT first and then use it to buy IQ.
Place a Buy Order: Navigate to the IQ trading page on the exchange and select the desired amount of IQ tokens you want to purchase. Confirm the order and wait for the transaction to complete.
Store Your IQ Tokens: Once you have purchased IQ tokens, store them securely in your exchange wallet or transfer them to a personal crypto wallet for safekeeping.
Remember to research the exchange fees, security features, and supported currencies before making a purchase. Additionally, consider your investment strategy and keep track of your IQ token performance.
