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Topic: Beware of ieo exchanges - page 5. (Read 7763 times)

full member
Activity: 854
Merit: 102
July 23, 2019, 02:00:43 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.
full member
Activity: 1120
Merit: 101
July 24, 2019, 09:24:43 AM
Yea, it's true IEO is the order of the day now and most exchanges which are not even on the top 10 exchanges in crypto are hosting IEO, to save your funds and make more gains, invest in IEO of top 5 exchanges hosting IEO
even for the top 5 exchanges there is no guarantee of profit. Have you ever heard of the IEO project in Bittrex which made many investors still suffer losses? it should provide an experience for everyone if investment in the IEO is not a solution to profit.
member
Activity: 162
Merit: 10
July 24, 2019, 09:18:11 AM
Yea, it's true IEO is the order of the day now and most exchanges which are not even on the top 10 exchanges in crypto are hosting IEO, to save your funds and make more gains, invest in IEO of top 5 exchanges hosting IEO
newbie
Activity: 34
Merit: 0
July 24, 2019, 05:12:04 AM
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/
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
July 24, 2019, 05:03:08 AM
i am sure someone must have mentioned the allegations levied against IDAX recently by coinmarketads and other cryptocurrencies. Most exchanges nowadays unreasonably inflate the amount of token sold to attract buyers. best is DYOR
full member
Activity: 1099
Merit: 116
July 24, 2019, 04:56:59 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

Right, recently we have seen such fraud activities from many exchanges where IEO are being opened. They are showing collected money which are totally wrong.  Now IEO has become more cheating thing than before ICO.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 24, 2019, 02:44:19 AM
Yes, the exchanges are playing with the investor's emotion. They show fake raise nowadays. Bittrex IEOs is becoming shit day by day, Bitforex exchange is not mentionable. But Binance still keep their position in IEOs too! Kucoin's spotlight needs research before investment.
People would always choose Binance if they have a chance to invest, however, due to limited investors allowed only, other investors have no option but to invest in other sites. If Binance can produce a lot of IEO in a month, then maybe investors would not go for other exchange to invest.
sr. member
Activity: 1428
Merit: 251
July 24, 2019, 02:22:10 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

The most important thing in the IEO and ICO is the project itself. If the project is good and has a partnership with various companies, I think the project will be successful in selling tokens and investors will invest the money even though the project is organized by an exchanger that is not large
member
Activity: 532
Merit: 10
Adoption Blockchain e-Commerce to World
July 24, 2019, 01:13:56 AM
Thank you for sharing your information about the IEO project. Indeed now many people follow IEO because they can directly monitor the sale of tokens. But there are still a lot of disadvantages to the IEO project and the one you say. I personally certainly don't hurry to directly join the IEO project and I always do my first research.
sr. member
Activity: 1148
Merit: 252
July 23, 2019, 10:30:39 AM
I agree, with the popularity of the IEO project many have followed and called it a good project. No matter how good it is, you must remain vigilant and there are still imperfect parts of this method
We still need a selection in the election ieo not to choose the wrong one because of course we can get a substantial loss. and for that we ourselves must now be able to choose an exchange like binance if it is interested in investing
full member
Activity: 418
Merit: 103
July 23, 2019, 05:01:29 PM
Yes, the exchanges are playing with the investor's emotion. They show fake raise nowadays. Bittrex IEOs is becoming shit day by day, Bitforex exchange is not mentionable. But Binance still keep their position in IEOs too! Kucoin's spotlight needs research before investment.
hero member
Activity: 966
Merit: 502
July 23, 2019, 04:51:07 PM
Generally, IEOs has only been effective on the reduction of fruad related to fund raising for crypto startups on blockchain which boosted investors confidence. But on a personal level, missing on the IEO for exchanges such as Binance, Huobi and co which you have to purchase thier native coin to participate is as good as nothing because of the impending loss for those coins you hold. That not withstanding, there is still room for improvement
jr. member
Activity: 140
Merit: 2
July 23, 2019, 04:40:29 PM
Yeah not all exchanges are to be trusted, some come into the system with their own hidden agenda. you might not note their deeds but with time the disparity becomes wide and clear for each and every individual on that exchange. Therefore let not put all our hopes on these platforms.
jr. member
Activity: 406
Merit: 1
July 23, 2019, 04:28:25 PM
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
I think now ieo is a very popular phenomenon , and you need this chance to take advantage of , as you can make very good money on good exchanges
copper member
Activity: 966
Merit: 5
July 23, 2019, 03:30:48 PM
You are right though, we shouldn't be blinded by the anticipated profits that we fails to do the needed research and so on. Most importantly, the exchange conducting the IEO should be a decent and trustworthy one because scammers will always look for ways to scam investors.
jr. member
Activity: 176
Merit: 1
July 23, 2019, 08:39:39 AM
I agree, with the popularity of the IEO project many have followed and called it a good project. No matter how good it is, you must remain vigilant and there are still imperfect parts of this method
copper member
Activity: 280
Merit: 1
July 23, 2019, 03:18:11 PM
It is increasingly becoming a norm for IEO's to dump in some of these exchanges after listing, this will make IEO's become unpopular equally too just like ICO's are. The interesting thing here is that these exchange have a reputation to maintain and if it continues to be on their record that majority of the tokens that they conducted their IEO's eventually dumped, it will make them lose customers and people will become uninterested in buying from them
legendary
Activity: 1386
Merit: 1003
July 23, 2019, 02:55:01 PM
The good thing is you only need to find one exchange that doesn't do that and get your tokens or coins through them. I still think it is much better then normal ICO. An ICO doesn't nerssarily mean it is a scam since legit places will still use it. You are right to warn us though, we need to be vigilant with the new coming IEO.

Beware is indeed the right step, the increasing popularity of the IEO among crypto investors has led many projects to register their projects in exchange to launch the IEO. But keep in mind that scammers don't stop here, scammers will continue to look for loopholes to make a profit.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 23, 2019, 02:17:19 PM
This all must be carefully considered.  Not every IEO gives a good profit.  I had a bad experience with one IEO project on Bittrex.  The price has fallen to minus five times at once, and it still holds.  Sometimes it's better to buy after IEO at lower bidding prices.
Sometimes it is better not to buy at all if you have not studied the project. Bittrex is a good exchange but not always it can guarantee the quality of the project.
member
Activity: 602
Merit: 10
July 23, 2019, 01:07:46 PM
The good thing is you only need to find one exchange that doesn't do that and get your tokens or coins through them. I still think it is much better then normal ICO. An ICO doesn't nerssarily mean it is a scam since legit places will still use it. You are right to warn us though, we need to be vigilant with the new coming IEO.
Same here. I think some of IEO exchange out there need to be more transparent with every transaction to get a good reputation first before allowing to offers that service.
Which mean all come down to find a good third party exchange. ICO won't fly in this kind of age where are too many ICO scams.

Everyone agreed on the ico market of the company precisely because the share of fraud increased in proportion to the number of investors who were not always professionals.  Remember 2016 and 2017, when everyone tried to invest in new companies and bought tokensyl tokens on time with a 50 percent discount, and then sold several times more expensive after the completion of ico companies.  Then there was a very easy money and therefore the scammers took advantage of it.
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