Post
Topic
Board Altcoin Discussion
Re: Limit your participation in IEO on exchanges that you trust
by
tsaroz
on 28/04/2019, 16:33:05 UTC
We are now in an era of IEO, where a lot of investors and traders are looking forward to participating in different IEOs in order to make their profit.

Just as much as we have seen a lot of them succeeded, does not mean it is a totally scam free means of token sale or marketing. Why because, there are some newly lunched exchanges, that have not spent so much time in the crypto space, yet are aspiring and already making moves to conduct IEO.

If you seriously desire to take part in IEO, which is a good move, either as a newbie and as an expert in trading and investment, limit yourself to exchanges that you trust, most especially those you have been using right from time or the top exchanges in the crypto space.
This is not an investment advise, but a warning to safeguard your assets.

Directly or indirectly the exchange hosting the IEO are somewhat responsible for the success of the project. Hence, while choosing an ICO to be listed as IEO, popular exchange would use their expertise to research about the project as it would not just be a risk to the fame of the IEO selection team of the exchange but also to overall popularity of it. There are several example of failed IEOs failing the Exchange. So, exchanges (good ones) are making it easy for the investors to choose.