How to Buy IO
Whether you're in Regina, St. John's, Mississauga, Burnaby, or Hamilton, Ndax makes it easy to buy and sell IO (io.net) securely.
Main Highlights of IO (io.net)
IO is the native token powering io.net, a decentralized GPU computing network that connects underutilized GPU resources with AI developers and enterprises in need of scalable, cost-effective compute power. Designed to democratize access to AI infrastructure, io.net provides an open, efficient alternative to traditional cloud providers like AWS and Google Cloud.
Built on Solana for high-speed, low-cost transactions, io.net enables users to both contribute and consume GPU compute power through its decentralized marketplace. The IO token is used to incentivize resource providers, facilitate payments, and govern network upgrades through decentralized decision-making.
Whether you're an AI developer, a data scientist, or an investor seeking exposure to the growing AI economy, IO opens the door to a new era of decentralized, permissionless computing.
How to Purchase IO (io.net) on Ndax
- Sign In or Create an Account
Start by creating your Ndax account. The sign-up process is simple and quick, with an efficient identity verification system that gets you trading in no time. - Fund Your Account with Canadian Dollars
You can fund your account securely using Canadian dollars through methods like Interac e-Transfer or Wire Transfer. Funding is fast, convenient, and fully compliant with Canadian regulations. - Purchase IO
With as little as $10 CAD, you can begin your Internet Computer journey. On Ndax, you can trade CAD for IO instantly, with a competitive flat trading fee of just 0.2%.
Storing Your IO
Once you own IO, choose how you’d like to store it:
- On Ndax: You can manage your cryptocurrency holdings seamlessly through the Ndax platform. For optimal asset protection, Ndax employs a robust security framework, including cold storage, hot wallets, and Multi-Party Computation (MPC). A portion of client assets are also held with trusted third-party custodians, who adhere to stringent security standards.
- External Wallet: For users who prefer to self-custody, transfer IO to a supported Solana-compatible self-custody wallet like Phantom or Ledger. This gives you full custody and greater control over your digital assets.
What Can You Do with IO?
- Hold and Trade
Whether you're planning to hold IO for the short, medium, or long term, or prefer to actively trade, Ndax supports a wide range of strategies to fit your goals. - Earn by Offering Compute Power
Have unused GPU hardware? Join io.net as a compute provider and earn IO tokens by renting out your resources to AI teams needing distributed GPU access. - Fuel the AI Economy
Use IO to access decentralized GPU resources at competitive prices. Whether you’re training machine learning models, running simulations, or scaling an AI startup, io.net gives you affordable access to high-performance compute.
Why Buy IO on Ndax?
- A Security-First Crypto Platform
For optimal asset protection, Ndax employs a robust security framework, including cold storage, hot wallets, and Multi-Party Computation (MPC). A portion of client assets are also held with trusted third-party custodians, who adhere to stringent security standards. You can trade with confidence, knowing your IO tokens are safeguarded. - Recurring IO Investments
Recurring IO purchases can be scheduled—daily, weekly, or monthly—as part of a dollar-cost averaging strategy from as little as $10 CAD. Build your IO portfolio over time without the stress of market timing. - Trade Anywhere, Anytime
With the Ndax mobile app, available on iOS and Android, you can monitor your holdings, place trades, and fund your account on the go—whenever inspiration (or opportunity) strikes.
Take Control of Your IO Portfolio with Advanced Trading Features
The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:
- Limit Order: A buy or sell order that is executed at a specific price or better.
- Stop Order: An order to Market buy or sell once a cryptocurrency reaches a designated price point.
- Trailing Stop Market Order: An order set at a specified dollar amount away from the last price, bid, or ask of a cryptocurrency.
- Trailing Stop Limit Order: A limit buy or sell order that is triggered when a cryptocurrency reaches a user-defined trailing amount.
- Fill or Kill (FOK) Order: A trade that must execute immediately and in full at a certain price; if it can’t be fully filled right away, the entire order is canceled.
- Immediate or Cancel (IOC) Order: A trade that executes immediately, canceling any unfilled portions of the order.
- Reserve Order (Iceberg Order): A large trade broken down into multiple limit orders, with some portions visible and others concealed.
Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for informational purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise. Ndax is a member of the Canadian Investor Protection Fund (CIPF). Please refer to the CIPF for coverage qualification criteria.
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Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.