IOST

What is IOST?

IOST is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Led by a team of proven founders and backed by $40 million from world-class investors, including Sequoia and Matrix, IOST aims to be the underlying architecture for the future of online services.

The powerful consensus algorithm “Proof-of-Believability” enables next-gen transaction throughput speeds while ensuring nodes stay compliant, using factors including IOST token balance, reputation-based token balance, network contributions and user behaviors. A faster grade Byzantine Fault Tolerance mechanism, microstate blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding) all ensure transactions are safeguarded, consistent and lightning fast while reducing storage, configuration costs and processing power for validators.

How to Buy IOST in India

The easiest way to buy IOST (IOST) in India is through an FIU-registered Indian exchange. Here's how:

1. Create an exchange account: pick an exchange that appears on the FIU-IND register and complete KYC verification (Aadhaar and PAN).
2. Deposit INR: add funds by UPI, IMPS or bank transfer.
3. Search for IOST: use the search bar to find IOST, then tap it to open the trading pair.
4. Place your order: enter the amount in INR you want to invest. Use a market order to buy now, or a limit order to set your price.
5. Secure your holdings: your IOST sits in your exchange wallet. For large amounts, consider moving it to a hardware wallet.

Tax on IOST in India

Losses from IOST trading cannot be set off against gains from other cryptocurrencies or any other income. Each transaction is taxed independently.

For a complete breakdown of crypto taxation in India, including ITR filing steps and airdrop rules, read our Crypto Tax India 2026 Guide.

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