Post
Topic
Board Altcoin Discussion
Re: Beware of ieo exchanges
by
colegabi235
on 24/07/2019, 10:12:04 UTC
The exchange you mention its not really a good option for doing an IEO because of the exchange not really popular. To be honest, if you want participant an IEO better-used top ran 1-3 exchange you will have a chance get a good fomo on their IEO. For other exchange will not guarantee you because the trading volume of the token/coin will be low because the exchange was not really popular.
Yes, You are right IEOs is that the exchange which launches it monitors the process as an administrator. If an investor trusts the exchange, they can be assured of the security of its IEO. This also means the reputation of the exchange is at stake, The biggest question is if you should trust an exchange. Even though there are numerous cryptocurrency exchanges around, very few of them can be trusted. Most of them are often accused of poor security and management. like Moozicore is listed on a reputed exchange that's why I have recently invested in it. https://tokensale.moozicore.com/