5 Best Internet of Things Coins to Invest in January 2025

This page contains all of the information you need to know before you invest in IoT coins, including our selection of the five best projects on the market right now. Read on to get started with some of the best cryptos to buy now.

Top 5 IoT coins to invest in

These are our favourite Internet of Things coins for 2025. We’ve explained our reasoning behind each pick below, or you can dive straight in and trade them by following the links in the table.

1. VeChain (VET)

Founded in 2015 and first launched in 2016, VeChain is a platform all about streamlining supply chain management and general business processes. It uses distributed ledger technology (DLT) and Internet of things technology to allow data to flow seamlessly through an organisation.

The VET token itself is used to transfer value across the VeChain network, while its other in-house token, VeChainThor Energy (VTHO), is used as energy – or gas – to power smart contracts.

The brain behind the project is creator and co-founder, Sunny Lu, an IT executive who used to be the CIO of Louis Vuitton China. He feels that VeChain’s ability to provide a trust-free structure will improve efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users. It is these technical credentials along with the increasing popularity of the platform that has landed it a spot on our list.

2. IOTA (MIOTA)

Launched in July 2016, IOTA is an open-source distributed ledger project and combined with its native token, MIOTA, it is designed to record and execute transactions between both machines and devices within the Internet of Things (IoT) ecosystem. 

MIOTA itself is simply used for transactions over the network, but what really makes the project stand out is its innovative ‘Tangle’ technology. This is essentially a series of nodes that verify transactions. The developers behind IOTA have claimed that Tangle is faster and more energy-efficient than typical blockchains.

In the long run, IOTA could solve some of the significant scalability issues that have plagued cryptocurrencies like Bitcoin, though the project does have its own problems with scalability and has been susceptible to hacks in the past. However, it is this overarching ambition that has impressed our analysts and secured IOTA a place on this list.

3. Helium (HNT)

Founded in 2013 by Amir Haleem, Shawn Fanning and Sean Carey, Helium is a decentralised blockchain-powered network for Internet of Things (IoT) devices. The Helium mainnet launched in July 2019, and it is designed to allow low-powered wireless devices to communicate with each other and send data across its network of nodes.

The way the network functions is with Hotspots that serve as nodes. These Hotspots are an amalgamation of a blockchain mining and gateway device. So, to power the platform, users who operated Hotspots mine and earn rewards in the form of the in-house HNT token.

Our analysts appreciate Helium’s futuristic stance on the IoT, especially with its use of 5G tech. In addition, this shift towards ‘The People’s Network’ could be a meaningful change to the current paradigm of decentralised wireless infrastructure, and it could solve inadequacies in the existing system. This innovation was key to securing Helium the third spot on our list.

4. IoTeX (IOTX)

Founded in 2017 by Raullen Chai, Qevan Guo, Xinxin Fan, and Jing Sun as an open-source project, IoTeX is all about empowering the open economics for machines in the IoT. In the long run, the project hopes to provide an open and fair ecosystem where people and machines in the IoT can interact with guarantee transparency, trust and free will. This setup will also be reinforced by purposefully designed economic incentives.

The brainpower behind IoTeX consists of a global team of over 40 research scientists and engineers, and their network has already processed over 10 million transactions. IoTeX gas also been engineered to interact with the Ethereum, Binance Smart Chain, and Heco blockchains, allowing all dApps that are compatible with EVM-based blockchains to scale effectively without incurring significant gas fees.

From smart home devices to autonomous vehicles, IoTeX is building a fast and secure backbone for machine economics, and it is this unique aim that has landed it the position of number four in our top five.

5. DigiByte (DGB)

Development began on DigiByte back in 2013, making it one of the oldest projects on this list. The genesis block of its native in-house token was mined a year later as a fork of Bitcoin. These days, DigiByte is a fully-fledged blockchain project and asset creation platform.

Created by the ‘DigiMan,’ Jared Tate, DigiByte is essentially a modification of Bitcoin which aims to diversify security, speed and capacity possibilities. As a result of this technical innovation, the project has the capabilities to be part of the IoT ecosystem.

The platform has achieved some success in recent years, climbing towards the top 100 cryptocurrencies by market cap, and it is this growth combined with the platform’s overall potential that has secured it a place on our list.

What is the Internet of Things?

The Internet of Things is a network of connected devices, based on the cloud, that can collect and share data between themselves.

A huge amount of modern life uses this technology, and you have almost certainly experienced it in action yourself.

Some common examples of IOT devices are fitness wearables, that connect to an app to track athlete performance, self-driving cars with sensors to track their path to a destination, or even the lights in your house that you can control from your phone.

In short, anything with an on/off switch can become part of the IoT.

What are IoT coins and why are they so important?

Some of the companies that have developed this technology have built it on a blockchain. While these platforms vary in their signature aims, the overarching theme is to work towards a better connected, faster, and frictionless world for transactions of data and capital.

As part of this process, they create their own cryptocurrency, which plays some role in the project – whether it’s simply as a means to raise money, or to encourage people to use it, or some other job.

‘IoT coins’ is simply a catch-all term for all these different cryptocurrencies. They share a common goal, to help create technology that operates on the cloud, but they may do so in very different ways.

Each coin has unique tokenomics and functions that provide its value. For instance, an IoT coin may be deflationary, with a portion of the fees on each transaction being burnt to increase scarcity. In addition, the coin may be able to provide discounts for token holders when using services provided by its native platform.

How and where can I buy IoT coins now?

For the best places to buy IoT coins online, look no further than the table below. Our analysts have tested all of the top platforms thoroughly, and they have concluded that these options stand out above the rest.

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 50+

Demo account Yes

Visit site

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

4.5

Plus500

Min. Deposit $100

Fees From 2%

No. assets 2800+

Demo account Yes

Visit site

Plus500 review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

4.2

Coinbase

Min. Deposit $10

Fees Up to 0.6%

No. assets 150+

Demo account No

Visit site

Coinbase review

5 Easy Steps to buy IoT coins

The process of purchasing IoT coins is quick and simple, so don’t worry, even if you’re new to crypto investing. These are the steps to follow in order to complete your investment:

1. Choose an exchange. Cryptocurrency exchanges are online marketplaces where users can purchase and sell supported crypto coins. You need to make sure that the exchange you choose has a good reputation and offers a wide range of IoT tokens.
2. Create an account. Before you get any coins, you need to have an account. So, fill out the contact details that are requested by your chosen exchange, and then send over a copy of your photo ID if you need to.
3. Deposit funds. You need funds in your account before you purchase any IoT cryptocurrencies. To do this, connect a support cryptocurrency wallet, or for some exchanges, you can add fiat currency like GBP, EUR and USD via a bank transfer.
4. Purchase IoT coins. Now, search for the ticker of the IoT coin you are looking for. So, if you want some VeChain, type in VET into the search tab of your chosen exchange.
5. Execute your order. Lastly, enter the number of coins you want, check you are satisfied with the market price and any fees you will incur, and then execute the transaction.

Benefits of investing in IoT coins

There are many potential benefits to investing in IoT coins, and the key factor is the strength of the IoT itself. The ability of the IoT to create automation means businesses can achieve consistent results through transparent means, and as a result, efficiency is significantly increased.

Moreover, decision-making is improved because of the seamless ability to share data. As a result, investing in IoT coins places your capital at the forefront of this emerging and rapidly growing industry.

In time, as IoT adoption increases further – and this appears to be something of an inevitability – the native tokens of IoT blockchain projects are likely to increase in price. So, if you can get in now at this early stage, you could be poised to profit in the years to come.

Risks of investing in IoT coins

There are a variety of risks to investing in the IoT – some technical, and some ethical. Top of the list is the security risks that come with machine-to-machine communication. As more and more devices are added to the network – including things like household appliances – sensitive information becomes more easily accessible.

In addition, there is not yet a worldwide standard for compatibility, meaning different projects and equipment from different manufacturers often doesn’t work effectively together.

It can be hard to tell which tech is likely to succeed, making it tough for investors to make the right call on the project they invest in. It is also noteworthy that the IoT is fragile, and one small failure can often have widespread consequences.

Finally, there is a moral quandary that some investors will have. Investing in IoT coins helps fuel the surge towards automation, which in the long run, could negatively impact jobs in a wide range of industries.

How can I find the best IoT prospects?

If finding the best IoT prospects is your aim, the main things you want to look at are the coin’s technical credentials, recent growth and return on investment (ROI), level of volatility and trading volume.

By finding a coin with the best tech, it is more likely to have success in the future as a useful part of the IoT. In addition, by reviewing the growth of a coin’s price, you can create predictions about its next likely action by using technical analysis.

Finally, looking at trading volume gives you an idea of the overall market interest in the coin, while looking at volatility gives you an idea of how risky the project is and how severely it is impacted by something as variable as market sentiment.