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Topic: Beware of ieo exchanges (Read 7763 times)

hero member
Activity: 966
Merit: 500
December 19, 2019, 10:38:13 PM
Now there are too many IEO projects, and the strict selection standards for high-quality projects have been reduced too much, which has caused some projects to break shortly after they are launched.
full member
Activity: 1750
Merit: 118
December 17, 2019, 10:30:44 AM
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
You should at least say the name of projects from kucoin and the rest that gives fake information about how much was raised in IEO, this is new and i don't see any to back your claim at all, more proof is needy

agree on your point but he also mention many exchanges  . its not possible to remember if they were too many of them  . also its not projects fault but he said that exchanges are the ones that tell a lie but most exchange that he mention are trusted and i dont think that these exchanges will lie for just an ieo that they hold when they can already earn huge on thier trading platform    . if they will lie they will be in big trouble because people will question and complain about them   .
member
Activity: 560
Merit: 28
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December 17, 2019, 09:49:36 AM
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
You should at least say the name of projects from kucoin and the rest that gives fake information about how much was raised in IEO, this is new and i don't see any to back your claim at all, more proof is needy
hero member
Activity: 966
Merit: 500
December 17, 2019, 06:59:38 AM
Fundraising in the form of IEO can only be successful on a few projects. After that, more and more projects cooperate with exchanges. Investors' enthusiasm for investment has faded and it is unlikely to be successful again. Cry
full member
Activity: 854
Merit: 102
December 14, 2019, 09:46:18 PM
~snip
Yes. For the sale of initial tokens, the IEO has now become a mainstay of investors. But currently, the IEO token has not been able to show its capabilities after listing to markets. I mean the token remains down after listing. I think if this has been overcome, it's been very good.
The dumping after token listed on the market is simply at the project's team fault. it's either their token couldn't attract that much demand or it is useless token.
We're flooded with some of unreliable IEO that just to fill the market with such garbage tokens only to milk the money. better off to IEO from popular exchange if that's the case.
We don't know the exact cause of the decline in the price of tokens. Most accused the bounty hunters, some even scolded him. But I'm not sure, because I've found a project that sells the rest of their tokens that were not sold during IEO or ICO. Yes, I think it's only natural when negative thoughts like this arise. Why? Because they sell tokens in large quantities. They sell up to millions of tokens. I estimate that there are no prize hunters who hold that many tokens.
member
Activity: 278
Merit: 10
December 06, 2019, 02:43:31 AM
IEO is a new trend in crypto, we must always be careful with what is becoming a tendency now, for investors too before investing in an IEO must carefully look at certain industries or projects in order not to lose their assets, there are also many modes of fraud in a the new trend, IEO, here can be done in a variety of scam way or information

Exactly, that's why we should always go with the IEO which are listed in higher volume exchanges, we have seen many IEO's listed on the low volume exchange and started losing their reputation and becoming null value. So IEO's are completely useless which are listed in low volume exchanges. Yes, we see a variety of scams happening around the cryptocurrency.
hero member
Activity: 3010
Merit: 666
October 27, 2019, 04:48:33 PM
The most dangerous IEO exchanges are new exchanges that came out of nowhere, no traces of announcement from solid links and after they start working few months of launch they want to start conducting IEOs, these projects first aims are the money they will make from IEO projects, they are red flags
Reputation is the basis of people investing in IEO, new exchange does not have reputation yet so people would not easily trust them.
In fact, we have different exchanges in the crypto already who are proven giving profitable IEO and although the competition is tight people are still choosing those exchanges, exchanges I know that are popular are Binance, Kucoin, and Houbi.
jr. member
Activity: 39
Merit: 1
October 27, 2019, 08:31:52 AM
Any way invest in IEO whatever the exchange will be more save than invest in ICO, many ICO are scam.
sr. member
Activity: 951
Merit: 259
October 15, 2019, 05:01:52 AM
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

You need to examine the exchange before you get into the IEO project. The IDAX project you're talking about, for example, is clearly a fraud. This has been proven in many reports. Because exchanges like IDAX and bitmax are manipulating coinmarketcap data by creating fake volumes.

They want to attract more investment in IEO projects. But I don't trust the Ieos made in these exchanges. Nor do I trust stock markets like Latoken. So before the IEO investment is made, more research should be done about the exchange and investment should be made accordingly.
jr. member
Activity: 340
Merit: 2
October 11, 2019, 05:09:07 AM
It may be that small exchanges eat in the way of successful IEO exchanges like Binance in order to benefit from new investors, but it is important for each person to know if the exchanges are really good. When selling IEOs on it or for the purpose of deceiving investors. Choose good IEO and come with a safe and reputable exchange is the motto for us.
member
Activity: 784
Merit: 21
October 11, 2019, 04:58:21 AM
The most dangerous IEO exchanges are new exchanges that came out of nowhere, no traces of announcement from solid links and after they start working few months of launch they want to start conducting IEOs, these projects first aims are the money they will make from IEO projects, they are red flags
member
Activity: 1764
Merit: 10
October 11, 2019, 04:54:20 AM
I have never had problems with IEOs that are conducted on binance exchange, I don’t know what is going on other top exchanges, but with binance verything was always fine, and of course I know that the idax exchange is cheating with collected amount on IEO and they wind up numbers and in fact, almost all IEOs that were run on idax did not raised anything or raised very little money.
sr. member
Activity: 756
Merit: 250
October 11, 2019, 04:51:16 AM
You definitely need to invest in trusted exchanges, but still there is always a risk of losing your money. First of all, you need to collect information about this project and weigh the pros and cons, remember - greed is your enemy.
newbie
Activity: 28
Merit: 0
October 11, 2019, 04:46:58 AM
As I said, up to 10 minutes. Not so long comparing to other exchanges. Time matters, as sometimes there are hight volume of demand and they have many transactions
Yeah, that's good! Thanks for giving me right exchange, hope to use it properly
Try it, better to use yourself once
sr. member
Activity: 644
Merit: 263
October 11, 2019, 04:40:01 AM
I think just like ICO wave there was a wave of IEO and I think this would end soon and all of this is happening because of scam IEOs who don't have a good idea and think that they would raise money by making false promises. Moreover now even small exchanges are trying to launch IEOs. I think this thing too would soon come to an end just like ICOs
newbie
Activity: 28
Merit: 0
October 11, 2019, 04:33:29 AM
As I said, up to 10 minutes. Not so long comparing to other exchanges. Time matters, as sometimes there are hight volume of demand and they have many transactions
newbie
Activity: 28
Merit: 0
October 11, 2019, 03:56:51 AM
Does anybody know a decent exchange selling GRAM? Because there are few of them, and all options are quite unsecure or rather expensive
Hi, west, I use bittrexchange in order to buy altcoins and main currencies, but they have GRAM as well. Priced 3.1USD accordingly rather cheap comparing to other exchangers
Basically I mean how long does transactions take. Some exchange platforms offer 1+ hour long transactions it's not what I am hoping for.
Yeah, I know that transaction time is quite long today, but on bittrexchange they appear in 10 minutes. Only few times I waited more
I ve just searched for some reviews on Bittrexchange, seems that they work with legal entities, aren't they?
I am not quite sure about the legal one, better to explore bittrexchange yourself, only used private transactions, but they work via bank, 100% sure. I ve bought numerous times via bank transfer. Works very nice and clean
sr. member
Activity: 854
Merit: 257
October 11, 2019, 03:53:34 AM
Wait. Bittrex is a fraud in volumes? I know that changing the volume of exchanges is normal in cryptocurrency but I never expected Bittrex to be like this. Do you have any proof of this?

All I know is that, IDAX is a fraudulent exchange in which they are scamming their own IEO projects.

On account of the Idax totally agree with you, it is not clear what is happening there, but the projects are coming in the SCAM. About Bittrex is also the same exchange, abruptly introduced the passage of KYC and now my funds remained on the exchange, I tried to pass verification all useless they just do not spend it properly, demanding incomprehensible things.
newbie
Activity: 28
Merit: 0
October 11, 2019, 03:50:48 AM
Does anybody know a decent exchange selling GRAM? Because there are few of them, and all options are quite unsecure or rather expensive
Hi, west, I use bittrexchange in order to buy altcoins and main currencies, but they have GRAM as well. Priced 3.1USD accordingly rather cheap comparing to other exchangers
Basically I mean how long does transactions take. Some exchange platforms offer 1+ hour long transactions it's not what I am hoping for.
Yeah, I know that transaction time is quite long today, but on bittrexchange they appear in 10 minutes. Only few times I waited more
newbie
Activity: 28
Merit: 0
October 11, 2019, 03:42:17 AM
Does anybody know a decent exchange selling GRAM? Because there are few of them, and all options are quite unsecure or rather expensive
Hi, west, I use bittrexchange in order to buy altcoins and main currencies, but they have GRAM as well. Priced 3.1USD accordingly rather cheap comparing to other exchangers
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