Post
Topic
Board Altcoin Discussion
Re: Beware of ieo exchanges
by
Greed Dev
on 08/08/2019, 18:14:11 UTC
Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
Current IDAX is being accused of being scam over 8 IEO projects on their exchanges. I think in the future it will appear many more such exchanges. Therefore, when investing in the IEO, be wary of low-range exchanges.
Carefully analyze and invest carefully. Wink