How and Where to Buy GeniuX (IUX) – Detailed Guide
- What is IUX?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade IUX
- Last Step: Store IUX securely in hardware wallets
- Other useful tools for trading IUX
- Frequently Asked Questions
- Latest News for IUX
- IUX Price Prediction and Price Movement
What is IUX?
What Is Genius Assets? Founded in 2020, Genius Assets is an emerging company focused on building the world’s greatest digitalized marketplace based on a collection of tokens or digital assets locked in a smart contract that provide essential liquidity to the pool itself and create passive rewards. Among the rapidly increasing interest in blockchain technology & decentralized finance, Genius Assets is creating an innovative & secure environment for diving into a variety of sectors by utilizing cryptocurrencies as utility tokens, in the scope of developing a sustainable business model. Starting with real estate applications, as outlined according to our Roadmap, and extending to various other sectors, such as arts and NFTs, sports, transportation infrastructure, or even air traffic assets, Genius Assets sets to offer users a unique method of acquiring, earning or exchanging products and services through a new, safe & easy-to-use marketplace Platform based on the ecosystem utility token called IUX.
Who Are the Founders of Genius Assets? We started at the end of 2020, with the main idea that each one of us can take part in creating a blockchain of real assets business. The founder of Genius Assets is Claudiu Buda, who in the last 13 years, professional career has been focused on sales. In 2020, he came up with the idea of Genius Assets, officially founded at the end of 2020. While founding this company, he managed to gather over 100.000 customers from all over the world, adding value to the Marketplace.
What Makes Genius Assets Unique? “Delegated Locking” is a new concept for both obtaining more IUX tokens and prior access to the opportunities facilitated by Genius by locking pairings of stablecoins and IUX tokens in purposefully designed Liquidity Pools named Genius Pools. Delegated Locking was specially created to proportionally reward holders for supporting the economy of the ecosystem during its development by parking their tokens for a certain period. The main advantage created by the Delegate Locking system as opposed to any traditional unlimited locking program is that holder who has assumed and managed to grab a spot in a specific Liquidity Pool are rewarded for their trust to lock their tokens at that moment.
GeniuX Innovation Users can purchase the native utility IUX token from anywhere and lock the IUX into any available Genius Pool paired proportionally with a stablecoin in order to support the ecosystem’s economy and obtain more IUX tokens. Genius Assets will use the Liquidity Pool’s tokens to purchase or access various assets or services, which will be made available for sale/use in exchange for IUX Tokens or which will be managed by Genius to earn a surplus that will be allocated to the ecosystem’s growth and therefore increase the value and interest of IUX.
How Many GeniuX (IUX) Tokens Are There in Circulation? Token name: GENIUX Ticker Symbol: IUX Decimals: 18 Network: POLYGON (MATIC) Total Supply: 1,000,000,000.00 Private sale: 2% (20,000,000 IUX) Presale: 5% (50,000,000 IUX) Public sale: 24% (240,000,000 IUX) Advisors & Strategic partners: 5% (50,000,000 IUX) Burn Program: 15% (150,000,000 IUX) Incentives & Airdrops: 3% (30,000,000 IUX) Founders & Core Team: 6% (60,000,000 IUX) Marketing: 5% (50,000,000 IUX) Liquidity & Exchange Listings: 5% (50,000,000 IUX) Staking & Growth: 30% (300,000,000 IUX)
How Is Genius Assets Secured? Genius Assets has come with a simple & revolutionary mechanism, using a cost-effective and secure approach to solve current issues and facilitate access to any market for new participants by implementing delegated locking with the new Genius Pools. There is a top3 IT & Blockchain company from East of Europe that has developed the entire ecosystem, from scratch! A cyber security and stress testing on the platform is complete, using cutting edge technologies, creating an unique brand, with an inside blockchain developer who created the smart contract. The smart contract has been audited by Hacken, with a 9.9 final result, which can be checked here. https://hacken.io/audits/
Where Can You Buy GeniuX (IUX)? Being one of the great projects of the Polygon ecosystem, GeniuX is popular among online exchanges focused on DeFi. The top exchanges where you can buy, sell, and trade $IUX currently are: Bitmart Quickswap P2B To check GeniuX price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Polygon price page. Alternatively, use the dedicated exchange rate converter page.
IUX was first tradable on 21st Jun, 2022. It has a total supply of 1,000,000,000. As of right now IUX has a market capitalization of USD $4,885,201.32. The current price of IUX is $0.00489 and is ranked 3703 on Coinmarketcap and has recently surged 25.95 percent at the time of writing.
IUX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy IUX.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
- BitMart
But we are not done yet, since IUX is an altcoin we need to transfer our USDT to an exchange that IUX can be traded, here we will use BitMart as our exchange. BitMart is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.
Step 4: Deposit USDT to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'USDT address', this is a unique public address of your USDT wallet at BitMart and you can receive USDT by giving this address to the person to send you the funds. Since we are now transferring our previously bought USDT on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Now head back to UpHold, go to the Transact screen and click on USDT on the "From" field, choose the amount you wan to send and on the "To" field choose USDT under "Crypto Network", then click "Preview withdraw".
On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to BitMart!
Now go back to BitMart and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.
You should receive a confirmation notification from BitMart once your USDT has arrived. And you are now finally ready to purchase IUX!
Step 5: Trade IUX
Go back to BitMart, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "USDT" is selected as we are trading USDT to altcoin pair. Click on it and type in "IUX", you should see IUX/USDT, select that pair and you should see a price chart of IUX/USDT in the middle of the page.
Below there is a box with a green button that says "Buy IUX", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your USDT deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy IUX". Voila! You have finally bought IUX!
Last Step: Store IUX securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your IUX for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy IUX with cash?
There is no direct way to buy IUX with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy IUX in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy IUX or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.