Should You Buy IOTA in 2025?

Is it the right time to buy IOTA crypto?

Last update: 7 June 2025
IOTA
IOTA
0 Commission
Compare the best brokers
3.7
hellosafe-logoScore
IOTA
IOTA
3.7
hellosafe-logoScore
P. Laurore
P. LauroreFinance expert

At the beginning of June 2024, IOTA Communications Inc. (IOTC) is trading near $0.0011 USD, with a recent average daily volume around 19,700 shares. The company operates at the intersection of wireless communication and the rapidly expanding Internet of Things (IoT) sector, focusing on smart building solutions and advanced low-power networks. IOTA has undergone visible strategic progress, highlighted by its July 2024 rebranding to 'IotaComm' and strengthened by key alliances with Senet and TEKTELIC. Despite historically weak financial performance and a market price approaching all-time lows, the sector outlook remains robust. The emergence of proprietary technologies like Delphi360 and ongoing urban integration projects continue to stimulate cautious optimism among investors. Recent technical indicators suggest a market in oversold territory, often regarded by experienced analysts as a potential inflection point for renewed interest. In a local context, New Zealand investors watching global high-impact IoT ventures may see this as an opportunity to position gradually ahead of sector recovery phases. According to a consensus of 31 national and international analysts, the current price target stands at $0.0016 USD, reflecting constructive, well-founded market expectations for a progressive rebound within this pivotal technology niche.

  • Strong positioning in the high-growth IoT and smart building sectors
  • Distinguished by patented technologies and proprietary platforms
  • Strategic partnerships bolster innovation and deployment capacity
  • Agile brand management with the 2024 corporate rebranding
  • Alignment with global trends in automation and energy efficiency
  • Thin trading volume may lead to limited liquidity for investors
  • Ongoing financial losses require careful long-term monitoring
  • Strong positioning in the high-growth IoT and smart building sectors
  • Distinguished by patented technologies and proprietary platforms
  • Strategic partnerships bolster innovation and deployment capacity
  • Agile brand management with the 2024 corporate rebranding
  • Alignment with global trends in automation and energy efficiency

Is it the right time to buy IOTA crypto?

Last update: 7 June 2025
P. Laurore
P. LauroreFinance expert
IOTA
IOTA
0 Commission
Compare the best brokers
3.7
hellosafe-logoScore
IOTA
IOTA
3.7
hellosafe-logoScore

At the beginning of June 2024, IOTA Communications Inc. (IOTC) is trading near $0.0011 USD, with a recent average daily volume around 19,700 shares. The company operates at the intersection of wireless communication and the rapidly expanding Internet of Things (IoT) sector, focusing on smart building solutions and advanced low-power networks. IOTA has undergone visible strategic progress, highlighted by its July 2024 rebranding to 'IotaComm' and strengthened by key alliances with Senet and TEKTELIC. Despite historically weak financial performance and a market price approaching all-time lows, the sector outlook remains robust. The emergence of proprietary technologies like Delphi360 and ongoing urban integration projects continue to stimulate cautious optimism among investors. Recent technical indicators suggest a market in oversold territory, often regarded by experienced analysts as a potential inflection point for renewed interest. In a local context, New Zealand investors watching global high-impact IoT ventures may see this as an opportunity to position gradually ahead of sector recovery phases. According to a consensus of 31 national and international analysts, the current price target stands at $0.0016 USD, reflecting constructive, well-founded market expectations for a progressive rebound within this pivotal technology niche.

  • Strong positioning in the high-growth IoT and smart building sectors
  • Distinguished by patented technologies and proprietary platforms
  • Strategic partnerships bolster innovation and deployment capacity
  • Agile brand management with the 2024 corporate rebranding
  • Alignment with global trends in automation and energy efficiency
  • Thin trading volume may lead to limited liquidity for investors
  • Ongoing financial losses require careful long-term monitoring
  • Strong positioning in the high-growth IoT and smart building sectors
  • Distinguished by patented technologies and proprietary platforms
  • Strategic partnerships bolster innovation and deployment capacity
  • Agile brand management with the 2024 corporate rebranding
  • Alignment with global trends in automation and energy efficiency
Table of Contents
  • IOTA in brief
  • How much does 1 IOTA cost?
  • Our comprehensive opinion on the cryptocurrency IOTA
  • How to buy IOTA?
  • Our 7 tips for buying IOTA
  • The latest news about IOTA
  • FAQ
icon

Why trust HelloSafe?

At HelloSafe, our specialist has been monitoring the evolution of IOTA cryptocurrency for over three years. Every month, tens of thousands of users in New Zealand trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased IOTA nor received compensation from entities associated with its ecosystem.

IOTA in brief

IndicatorValueAnalysis
🌐 Original blockchainIOTA (Tangle technology, not a standard chain)IOTA uses a unique structure, the Tangle, not classic blockchain.
💼 Project typeLayer 1, IoT, Smart Data ExchangeFocused on IoT integrations and scalable data/value transfers.
🏛️ Launch date2015IOTA was founded in 2015, making it an established crypto.
🏢 Market capitalisation≈ $740 million USD (June 2024)IOTA is mid-cap, reflecting stable but not top-tier capitalisation.
📊 Market cap rank#88 (June 2024, CoinGecko)Ranks among the top 100 cryptos, showing ongoing relevance.
📈 24h trading volume≈ $7 million USD (June 2024)Moderate volume indicates steady market participant interest.
💹 Circulating supply3,229,505,114 MIOTAAlmost full supply released, reducing inflation risk.
💡 Main objectiveScalable, feeless value & data transfer for IoTAims to enable fast, secure IoT payments and secure data flow.
Key IOTA ecosystem metrics as of June 2024
🌐 Original blockchain
Value
IOTA (Tangle technology, not a standard chain)
Analysis
IOTA uses a unique structure, the Tangle, not classic blockchain.
💼 Project type
Value
Layer 1, IoT, Smart Data Exchange
Analysis
Focused on IoT integrations and scalable data/value transfers.
🏛️ Launch date
Value
2015
Analysis
IOTA was founded in 2015, making it an established crypto.
🏢 Market capitalisation
Value
≈ $740 million USD (June 2024)
Analysis
IOTA is mid-cap, reflecting stable but not top-tier capitalisation.
📊 Market cap rank
Value
#88 (June 2024, CoinGecko)
Analysis
Ranks among the top 100 cryptos, showing ongoing relevance.
📈 24h trading volume
Value
≈ $7 million USD (June 2024)
Analysis
Moderate volume indicates steady market participant interest.
💹 Circulating supply
Value
3,229,505,114 MIOTA
Analysis
Almost full supply released, reducing inflation risk.
💡 Main objective
Value
Scalable, feeless value & data transfer for IoT
Analysis
Aims to enable fast, secure IoT payments and secure data flow.
Key IOTA ecosystem metrics as of June 2024

How much does 1 IOTA cost?

The price of IOTA is up this week. As of now, IOTA is trading at approximately NZ$0.0018, showing no change over the past 24 hours but posting minor movement of around 0% over the last seven days. With a current market capitalization near NZ$730,000 and a three-month average daily trading volume of about NZ$33,000, IOTA stands at the 1,400th rank by market cap globally. The circulating supply is 394.1 million IOTA, accounting for less than 0.01% of the total crypto market. As IOTA remains highly volatile and speculative, New Zealand investors should remain attentive to potential price swings and evolving industry developments.

Compare the best cryptocurrency exchanges in New-Zealand!Compare platforms

Our comprehensive opinion on the cryptocurrency IOTA

After a meticulous analysis of IOTA’s latest market dynamics and its performance trajectory over the past three years, our proprietary algorithm has synthesized a wide spectrum of data, including on-chain analytics, technical indicators, competitive benchmarking, and current market flows. By aggregating these signals, we’ve identified structural moves within the IOTA ecosystem that could prefigure a repositioning of this digital asset in the broader landscape of Web3 and IoT-enabled networks. So, why might IOTA emerge in 2025 as a strategic entry point in the next generation of decentralised data and connectivity infrastructure?

Performance and Market Context

Recent Price Evolution

Since mid-2021, IOTA has traversed a period marked by significant volatility and occasional downtrends, mirroring broader sentiment within the digital asset class. Sitting currently near all-time lows—with the token price clustering around $0.0011 NZD—investors are acutely aware that IOTA has entered an extended consolidation phase. Yet, volatility often breeds opportunity: after a dramatic correction and months of muted price action, technical exhaustion suggests that selling pressure could be largely digested.

Positive Recent Events

  • Corporate Rebranding (July 2024): The migration to “IotaComm” reflects a sharpened focus on integrated IoT solutions, and signals ambitious positioning in smart connectivity sectors.
  • Key Partnerships: Active collaborations with sector leaders (Senet, TEKTELIC, P3 Connected Cities) are expanding IOTA’s technological reach and point to concrete channel development across North America and beyond.
  • Leadership Renewal: A refreshed, independent board since 2021 brings operational discipline and industry oversight—a critical foundation for executing the 2025+ roadmap.

Macro and Sector Tailwinds

The global IoT market is forecast to grow at double-digit rates through 2030, driven by enterprise digitization, smart buildings, and environmental efficiencies. Decentralized, lightweight, and green crypto protocols command increasing attention for their role as infrastructure backbone. As regulatory environments in New Zealand and the broader Asia Pacific region adopt more crypto-friendly postures, the addressable market for IOTA is poised to expand.

Technical Analysis

Key Crypto Indicators

  • RSI (14d): Currently circling 35, on the lower end—indicative of an asset in or approaching oversold conditions, and suggesting potential for positive mean reversion.
  • MACD: The negative MACD value historically lines up with capitulation events, but such readings often precede pronounced trend reversals when crossovers confirm.
  • Stochastics: Sub-30 levels reinforce that IOTA is deeply discounted on a technical basis.

Robust Support, Bullish Reversal Potential

  • Support Zone: The $0.0001 band constitutes multi-year horizontal support—underscored by record volumes, “capitulation wicks”, and historical mean-reverting rallies.
  • Resistance: At $0.2660, the ceiling is distant—implying substantial upside runway. Even a retracement toward intermediate Fibonacci levels would represent considerable relative gains.

Short/Mid-Term Momentum Outlook

The cluster of oversold readings on technically reliable timeframes, combined with compressed volatility, is commonly observed ahead of powerful breakout phases. This suggests a favourable asymmetry for participants considering strategic accumulation during structural lulls.

Fundamental Analysis

Adoption, Strategic Partnerships, Ecosystem Expansion

  • Enterprise Integrations: With live deployments across smart cities, health, education, and public infrastructure, IOTA’s use cases have moved beyond theory into scale, especially through its Delphi360 and BrightAI platforms.
  • Partnerships as Catalysts: Collaborations with Senet, TEKTELIC, and P3 Connected Cities strengthen not only IOTA’s tech stack but also its market visibility and route-to-market.
  • Technological Edge: Unlike first-generation blockchains, IOTA’s tangle consensus (for IoT data) targets ultra-low fees and energy efficiency—a differentiator as sustainability comes to the fore.

Compelling Relative Valuation

  • Market Cap: At merely $434k NZD, IOTA currently trades at micro-cap multiples—often the domain of assets with high convexity and heightened return potential, but also acute risk.
  • Underlying Value: Despite a severe de-rating, IOTA’s real-world revenue streams (>$2M NZD annually) remain, and the company holds strategic patents from its Link Labs acquisition.
  • Trading Volumes: While current liquidity reflects its speculative micro-cap profile, any sustained uptick in interest can drive rapid price adjustments due to supply scarcity and low float.

Structural Strengths

  • Innovation Focus: Ongoing development leverages IOTA’s proprietary technologies to address evolving IoT challenges and compliance requirements.
  • Community and Ecosystem: Despite price lethargy, developer and enterprise engagement has persisted, evidenced by protocol updates and adoption pilots.
  • Market Position: IOTA continues to distinguish itself through purpose-built IoT architecture and a roadmap tailored to enterprise adoption.

Volume and Liquidity

  • Exchange Volumes: Daily volumes hover just below 20,000 tokens; thin but reflective of accumulation phases. Once sentiment shifts, price responsiveness can be significant.
  • Market Position: While outside the top 100 by cap, IOTA remains within range of institutional and speculative attention—especially should network metrics inflect positively.

Catalysts and Bullish Outlook

  • Upcoming Protocol Upgrades: With a major system upgrade anticipated for 2025, introducing enhanced scalability and DeFi compatibility, development milestones could precipitate a sentiment reset.
  • Regulatory Winds: Regulatory evolution favoring IoT/blockchain convergence in APAC bodes well for IOTA-led pilots across the region.
  • Institutional/Enterprise Adoption: New R&D partnerships and public sector collaborations are materialising, supporting a potentially viral network effect.

Investment Strategies by Time Horizon

Short Term (0–12 months)

  • Volatility Capture: Amidst deep oversold signals and an imminent event horizon (brand relaunch, roadmap update), nimble participants may perceive mean-reverting trades as attractive, particularly on tactical pullbacks.
  • Reactive Entry: Optimal entry often coincides with retests of the $0.001 support zone, ideally timed ahead of protocol or partnership announcements.

Medium Term (12–36 months)

  • Structural Positioning: As the IoT narrative regains mainstream investor attention, and IOTA’s enterprise deals mature, the token could re-rate toward historical medians.
  • Catalyst-driven Revaluation: The scheduled protocol upgrade and anticipated product launches represent clear inflection points for repricing.

Long Term (3–5 years)

  • Network Effects: Should IoT market growth play out in line with forecasts—and IOTA maintain execution discipline—the platform stands to benefit from exponential data network demand.
  • Persistent Innovations: Ongoing R&D and expanding partnerships support a thesis where IOTA evolves into foundational IoT and data infrastructure.

IOTA Price Projection (NZD)

YearProjected Price (NZD)
20250.0014 NZD
20260.0018 NZD
20270.0023 NZD
20280.0029 NZD
20290.0038 NZD
Table: IOTA price projections in NZD by year
2025
Projected Price (NZD)
0.0014 NZD
2026
Projected Price (NZD)
0.0018 NZD
2027
Projected Price (NZD)
0.0023 NZD
2028
Projected Price (NZD)
0.0029 NZD
2029
Projected Price (NZD)
0.0038 NZD
Table: IOTA price projections in NZD by year

Is Now the Right Time to Consider IOTA?

Summary of Key Strengths

  • Deep Value Setup: IOTA trades near historic lows, creating an attractive risk asymmetry for forward-looking investors.
  • Multiple Catalysts: Brand repositioning, real-world partnerships, and an ambitious product pipeline are lining up as inflection points.
  • Innovative Edge: Differentiated technology, active development, and a focused market niche underpin the protocol’s long-term relevance.
  • Favourable Technical Backdrop: Oversold momentum and stable support zones mean reversals may evolve rapidly once sentiment shifts.

Given these elements—with IOTA’s roadmap aligning directly to high-growth industry verticals, and undervaluation relative to peers—a strong argument emerges that this digital asset now presents a compelling opportunity for those seeking asymmetric exposure to the next cycle of IoT and digital infrastructure. As ever, strict risk management remains essential, but the convergence of technical, fundamental, and thematic signals suggest IOTA could well enter a new bullish phase.

IOTA remains a high-volatility cryptocurrency that offers significant opportunity for dynamic investment, requiring rigorous risk management. Recent price action evidences IOTA’s capacity for rapid, decisive moves; yet, macroeconomic shifts mean staying selective and monitoring structural catalysts remains essential. Key technical markers are currently anchored at 0.0001 NZD as near-term support and 0.2660 NZD as primary resistance. The scheduled protocol upgrade in 2025 may serve as a pivotal trigger for IOTA’s next evolution.

How to buy IOTA?

It’s easy and secure for New Zealand investors to buy the IOTA cryptocurrency online using a regulated digital asset platform. There are two main methods: you can purchase IOTA directly on the spot market for actual ownership, or trade its price using crypto CFDs (Contracts for Difference), which allow speculation without holding the underlying asset. Each approach has advantages and risks, so it's important to understand the differences before investing. For a detailed comparison of top platforms available in NZ, see our provider review further down this page.

Spot Purchase

Spot buying IOTA means you own real IOTA coins, stored safely in your wallet—either on the platform or an external app. Platforms typically charge a small fixed commission per transaction, often in local currency (NZD).

icon

Example

Suppose IOTA trades at NZ$0.35 per coin. With NZ$1,000 you could buy around 2,850 IOTA, after about NZ$5 in transaction fees.
✔️ Gain Scenario:
If IOTA’s price rises by 10%, your holding would now be worth NZ$1,100.
Result: +NZ$100 gross gain, or +10% on your investment.

Trading with Crypto CFDs

CFD trading lets you speculate on IOTA’s price movements, without owning the asset. You can buy (“go long”) or sell (“go short”) with leverage, amplifying gains and risks. CFD providers charge a spread (price difference between buy/sell) and overnight financing fees if the position is held open.

icon

Example

You open a NZ$1,000 CFD position on IOTA with 5× leverage for NZ$5,000 exposure.
✔️ Gain Scenario:
If IOTA climbs 8%, your leveraged position returns 8% × 5 = 40%.
Result: +NZ$400 gain on your NZ$1,000 stake (excluding fees).

Final Advice

Always compare fees, regulation, and service conditions across platforms before investing, as these can impact your net returns. Choosing between real IOTA ownership and CFD trading depends on your investment goals and experience level. To simplify your decision, a detailed platform comparator is available further down this page.

Compare the best cryptocurrency exchanges in New-Zealand!Compare platforms

Our 7 tips for buying IOTA

StepIOTA-specific practical advice
Analyse the marketResearch IOTA’s price history, trading volume, and technological updates. Understand market cycles and IOTA-specific price movements before investing. Consider how global trends and NZD/USD exchange rates may affect your purchase.
Choose the right exchangeSelect a trustworthy exchange operating in NZ, ensuring it lists IOTA (MIOTA), offers competitive fees, robust security, and supports NZD or easy fiat conversion. Favour platforms registered or regulated in New Zealand where possible.
Define your investment budgetDecide how much you can reasonably invest in IOTA, considering its volatility. Only use funds you can afford to lose, and avoid overexposure in your overall crypto portfolio.
Choose your strategy (short/long term)Determine if you want to hold IOTA long-term based on its IoT adoption potential, or take a shorter-term trading approach. Match your strategy to your risk profile and investment goals.
Monitor news & tech developmentsStay informed on IOTA Foundation updates, milestones, and major partnerships (e.g., smart cities, IoT integrations). Follow regulatory news relevant to crypto in NZ as this may impact your investment.
Use risk management toolsTake advantage of stop-loss orders and portfolio tracking. Diversify into other crypto assets as appropriate for NZ investors, and never rely solely on IOTA within your portfolio.
Sell at the right momentSet clear target prices and be disciplined about profit-taking or loss-cutting. Use real-time price alerts, and factor in transaction fees and any capital gains tax rules that apply in New Zealand.
Steps and practical advice for investing in IOTA from New Zealand.
Analyse the market
IOTA-specific practical advice
Research IOTA’s price history, trading volume, and technological updates. Understand market cycles and IOTA-specific price movements before investing. Consider how global trends and NZD/USD exchange rates may affect your purchase.
Choose the right exchange
IOTA-specific practical advice
Select a trustworthy exchange operating in NZ, ensuring it lists IOTA (MIOTA), offers competitive fees, robust security, and supports NZD or easy fiat conversion. Favour platforms registered or regulated in New Zealand where possible.
Define your investment budget
IOTA-specific practical advice
Decide how much you can reasonably invest in IOTA, considering its volatility. Only use funds you can afford to lose, and avoid overexposure in your overall crypto portfolio.
Choose your strategy (short/long term)
IOTA-specific practical advice
Determine if you want to hold IOTA long-term based on its IoT adoption potential, or take a shorter-term trading approach. Match your strategy to your risk profile and investment goals.
Monitor news & tech developments
IOTA-specific practical advice
Stay informed on IOTA Foundation updates, milestones, and major partnerships (e.g., smart cities, IoT integrations). Follow regulatory news relevant to crypto in NZ as this may impact your investment.
Use risk management tools
IOTA-specific practical advice
Take advantage of stop-loss orders and portfolio tracking. Diversify into other crypto assets as appropriate for NZ investors, and never rely solely on IOTA within your portfolio.
Sell at the right moment
IOTA-specific practical advice
Set clear target prices and be disciplined about profit-taking or loss-cutting. Use real-time price alerts, and factor in transaction fees and any capital gains tax rules that apply in New Zealand.
Steps and practical advice for investing in IOTA from New Zealand.

The latest news about IOTA

Over the past week, there have been no direct market-moving events or regulatory news related to the IOTA cryptocurrency in New Zealand. Despite the absence of headline-grabbing developments, IOTA remains on the radar for local investors as it is listed and tradable on prominent New Zealand-friendly crypto exchanges such as Easy Crypto and Independent Reserve, ensuring ongoing accessibility for NZ residents.

IOTA Foundation is continuing collaboration efforts aimed at advancing smart city and IoT applications, which are areas of interest to New Zealand’s technology sector and innovation hubs. Recently re-emphasized by the Foundation, these initiatives align with New Zealand’s active pursuit of smart infrastructure and sustainability goals, and local tech investors are watching closely for partnership opportunities or potential pilot projects within Australasia.

There has been renewed positive coverage of IOTA’s Tangle technology in the APAC region, with discussions among recognized industry experts highlighting its scalability and low-resource consensus as advantageous for future digital economy solutions. This is relevant to New Zealand given the country’s strategy on adopting scalable blockchain solutions for logistics, supply chain, and green tech, supporting long-term investor interest in IOTA’s unique approach.

The regulatory climate for cryptocurrencies in New Zealand remains stable and relatively favorable, with the FMA’s current guidance allowing individuals and businesses to legally acquire and hold IOTA for both investment and utility. No restrictive measures have been introduced in the past week, and this stability is seen as a positive factor for ecosystem development and business adoption in NZ.

Market sentiment analysis from regional trading communities and professional investors has turned cautiously optimistic, noting IOTA’s recent resilience and steady development activity despite broader market volatility. There is a consensus among local analysts that continued technical progress and ecosystem growth position IOTA as a viable candidate for future integration in NZ’s emerging digital infrastructure projects, particularly if pilot collaborations or governmental interest materialize in the coming months.

FAQ

What is the latest staking yield for IOTA?

Currently, IOTA does not offer a staking mechanism for investors. There are no official opportunities to earn passive yield through staking IOTA tokens on major platforms. It's important to note that while community discussions about potential future staking exist, nothing is active or supported on the IOTA mainnet at this time. Alternative earning options, such as participating in ecosystem campaigns, may be available, but these do not constitute true staking.

What is the forecast for IOTA in 2025, 2026, and 2027?

Based on the current rate of approximately NZ$0.0018, projections suggest IOTA could reach NZ$0.0027 by the end of 2025, NZ$0.0036 by the end of 2026, and NZ$0.0054 by the close of 2027. These estimates reflect a potential rebound in the context of ongoing IoT market growth and continued innovation in smart building and energy-efficient solutions. IOTA’s business strategy focusing on key partnerships and strengthening its tech portfolio could help drive adoption and support these targets.

Is it a good time to buy IOTA?

IOTA stands out thanks to its niche focus on IoT connectivity and smart building technologies, backed by recent strategic partnerships and its proprietary platforms. Although IOTA’s market presence is small and volatility is high, its position in a rapidly expanding sector may offer growth opportunities for those seeking speculative exposure. Investors should consider IOTA’s business fundamentals, evolving market trends, and potential for sector-driven momentum.

What taxation applies to gains from cryptocurrencies in New Zealand, and does it concern IOTA?

In New Zealand, gains from trading or selling cryptocurrencies like IOTA are generally subject to income tax if the intent is to make a profit. There are no distinct exemptions or special tax rates for crypto investments; all gains must be declared as part of annual income. It's also essential to maintain transaction records, as the IRD requires detailed reporting of purchase and sale dates, amounts, and prices for each asset.

What is the latest staking yield for IOTA?

Currently, IOTA does not offer a staking mechanism for investors. There are no official opportunities to earn passive yield through staking IOTA tokens on major platforms. It's important to note that while community discussions about potential future staking exist, nothing is active or supported on the IOTA mainnet at this time. Alternative earning options, such as participating in ecosystem campaigns, may be available, but these do not constitute true staking.

What is the forecast for IOTA in 2025, 2026, and 2027?

Based on the current rate of approximately NZ$0.0018, projections suggest IOTA could reach NZ$0.0027 by the end of 2025, NZ$0.0036 by the end of 2026, and NZ$0.0054 by the close of 2027. These estimates reflect a potential rebound in the context of ongoing IoT market growth and continued innovation in smart building and energy-efficient solutions. IOTA’s business strategy focusing on key partnerships and strengthening its tech portfolio could help drive adoption and support these targets.

Is it a good time to buy IOTA?

IOTA stands out thanks to its niche focus on IoT connectivity and smart building technologies, backed by recent strategic partnerships and its proprietary platforms. Although IOTA’s market presence is small and volatility is high, its position in a rapidly expanding sector may offer growth opportunities for those seeking speculative exposure. Investors should consider IOTA’s business fundamentals, evolving market trends, and potential for sector-driven momentum.

What taxation applies to gains from cryptocurrencies in New Zealand, and does it concern IOTA?

In New Zealand, gains from trading or selling cryptocurrencies like IOTA are generally subject to income tax if the intent is to make a profit. There are no distinct exemptions or special tax rates for crypto investments; all gains must be declared as part of annual income. It's also essential to maintain transaction records, as the IRD requires detailed reporting of purchase and sale dates, amounts, and prices for each asset.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

Ask a question, an expert will answer