So, IEO is the recent trending topic in the crypto industry! People are very excited about IEOs, because, after a long time, IEO investors made a huge profit from it! But there is a problem too. By seeing the big hype and success of Binance IEO, many new exchanges are coming with their IEO sale! Therefore many low-grade exchanges are bringing IEO sale either! Do you think all those IEOs are worthy to invest? Hell no! Don't fall in the scam, don't be greedy! Most of the new exchange, low exchanges offerings IEO is nothing but a pure scam, they failed to raise money from the ICO sale, so they come in IEO to scam people again who don't like to read and research!
I also think that it is very dangerous to invest in an IEO on little-known exchanges. It is very risky and you can lose some of your money. I generally miss investing in an IEO, because there is no way to buy tokens on Binans or Huobi.
But it is better to wait for your chance to get into the number of investors on a large exchange, than to invest in some kind of shit and lose your money.