Beware of ieo exchanges - page 6. | Bitcointalksearch.org

Tomohisa

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Quote from: Turk Ace on July 10, 2019, 12:58:22 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.

fvb

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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.

Gab20

jr. member

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We are already used to how major exchanges are being operated, except for the newbies who do not know how to take necessary precautions when it comes to one's fund being kept there. The main issue is the new crypto exchanges running IEO.
An exchange that intends to have a launchpad, where IEOs are being held should first build its reputation. Then investors will decide whether to trust it or not. There are certain exchanges I trust.

zenhu

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Yeah its like Q4 of 2017 when ICO so popular then scamer following this method to steal big money from people who don't know about it at all and they give many advantages if people participate on it. But, in reality the initial offering must be launched by profesional person.
Now IEO coming to offering us to trade on their exchanger but they ignore about their own token and make it dump and people get out of there.

Alexiaa

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Activity: 100

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The recent trends of IEO has done more harm than good to cryptocurrency exchanges. The IEO token only moons on the listing date and at most 2-3 days after it has been listed after the dump will be massive because everyone (investors and traders) are cashing out.

The IEO projects can only pump a little when the exchange decides to promote it again or a trading competition is announced, which is not good.

Also, most of these exchanges give false hope and Figures to the public about their soft cap and hardcap achieved even when the project didn't make up to $100.

I think there should be a kind of regulations guiding the conduct of IEO in exchanges in order to promote transparency, fairness and organic growth of the project.

cunguks

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Polkadog - Multi-Chain Defi Meme

Quote from: Sab11 on July 23, 2019, 09:04:30 AM

Absolutely yes im afraid with this cases, thats why i only trust binance when participating in some IEO to secure my funds to guarantee my profits, now i earn x3 profit from one IEO.

so far you might choose the right project and exchange for your IEO investment. because besides binance I also don't trust other exchanges that have the IEO. there are BW, LATOKEN, and others. I think the trading community in their exchange is not feasible for the IEO. and if there is a project that is successful at such an exchange, I doubt. maybe just manipulation from the team and exchange only.

Sab11

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io.ezystayz.com

Quote from: BADBITCH on June 28, 2019, 01:00:35 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

Absolutely yes im afraid with this cases, thats why i only trust binance when participating in some IEO to secure my funds to guarantee my profits, now i earn x3 profit from one IEO.

BitcoinTurk

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Quote from: BADBITCH on June 28, 2019, 01:00:35 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

Initial Exchange Offering (IEO) projects were also very pleasing to the investor when it was not yet popular and achieved a very high profit margin. But due to the current market conditions, we see that these projects are also used for bad purposes. For this reason, before participating in Initial Exchange Offering (IEO) projects, we need to do detailed research on that project and know which exchange service it supports. When we participate in Initial Exchange Offering (IEO) projects of simple, low-volume or scam exchange services with pure enthusiasm, unfortunately the result of the investments made is unfortunately disappointing.

Ifemini

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There are consequences for every action

Quote from: cupruri on June 29, 2019, 05:39:12 AM

Just find a good exchange and this is it. Unfortunately, it does not matter at all how good the project is, because if the IEO is held by Binance, every single token is going to be paid. Take part in IEOs on top 5 exchanges, and you won't manage loses at all.

I totally agree with you; once you get yourself involved in the top exchange ieo you are good to go
But likewise; you can’t get it twisted by being greedy; you need to have an understanding about your profit percentages, to avoid stories that touch

Nezerlan

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Too many exchanges claiming to be doing IEO now. Soon the buzz will die down and it will start from Binance. Then we will be back to where we were before. Who knows what will come next after ICO and IEO are fast spent?

uniquark

sr. member

Activity: 533

Merit: 250

Quote from: Raymondavid47 on July 08, 2019, 06:14:32 PM

Quote from: BADBITCH on June 28, 2019, 01:00:35 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

First of all beware of IEO on Idax. Please don't invest in any IEO on Idax exchange. Many projects has been scammed by Idax already.
Secondly, don't just participate in any IEO you see an exchange. Please check out he trends of previous IEO's hosted on that exchange before investing your money. You might find out some important information by the just conducting a research on past projects that conducted IEO on the exchange.

I do not know if it has a exchange scam but has a low vol and most of the fake volumes from bots. I do not invest in any IEO on it, there are many other options from larger exchange

BADBITCH

jr. member

Activity: 532

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The aura of ieos are now reduced
And both projects and investors are taking time to get the crowdfunding practice done at the right exchange

At this, with the bearish run in sight, dyor and don’t gamble

martychubbs

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Scammers appear where you can earn on something popular. We need to be very careful when choosing a project for investment.

TWW

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Quote from: z21770179 on July 10, 2019, 04:32:36 AM

In the current IEO exchange, I see Latoken and IDAX are exchange that do not invest in project quality, but only give out IEO continuously, while those projects do not have potential.

the project had no trouble registering with IEO launchpad at IDAX or LATOKEN. different from binance, or KUCOIN, there are conditions and not all projects can be registered by the IEO there. because choosing a bad project might bury the exchange itself because it relates to investors and traders who are in their exchange.

setialovers

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Quote from: Apaxy on July 11, 2019, 12:46:27 AM

It seems that many trading exchanges want to follow trends and also try to launch new projects with IEO. Although no one thinks about the prospects, because everyone hopes to attract investor funds and earn money on it. No one thinks about the guarantees that should be provided for each investor and at the same time the administration of the exchange should be responsible, but apparently the situation with most trading platforms is completely different.

I think not all new projects can hold IEOs on exchangers. Exchangers must choose a good new project because it involves the reputation of the exchanger itself, if the project is not good and looks not legit, the exchanger must not be invited to work together

Apaxy

member

Activity: 512

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It seems that many trading exchanges want to follow trends and also try to launch new projects with IEO. Although no one thinks about the prospects, because everyone hopes to attract investor funds and earn money on it. No one thinks about the guarantees that should be provided for each investor and at the same time the administration of the exchange should be responsible, but apparently the situation with most trading platforms is completely different.

Gaggy185

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Adoption Blockchain e-Commerce to World

Quote from: cupruri on June 29, 2019, 05:39:12 AM

Just find a good exchange and this is it. Unfortunately, it does not matter at all how good the project is, because if the IEO is held by Binance, every single token is going to be paid. Take part in IEOs on top 5 exchanges, and you won't manage loses at all.

Agree with you, I think we should choose the big exchange floors to buy and sold crypto due to the high security and avoid losing the information of wallet. IEO is the non-potential for us to trading. If you hold ICO token, please change To the BTC or ETH to make transition

rdewilde

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Irrespective of how IEOs are growing and the success so far, it still calls for us to be careful and security conscious all the time. Also, we shouldn't be driven by the returns we hear and thus throwing caution to the wind. This is because, most exchanges that aren't capable or have what it takes will rise now to promote IEOs, thus we need to be careful not fall victim of unforseen circumstances.

andrearz

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Quote from: Ziskinberg on July 09, 2019, 06:30:10 PM

Quote from: OneCoinMan on July 09, 2019, 06:02:31 PM

IEO is simply a new name for ICO. Just another way to collect money. Can you name any fundamental differences between IEO and ICO? Any other guarantees for investors?

No project would guarantee the investors, but IEO appears to be a better choice compared to ICO as the way of crowd funding is more secure since it's done in an exchange and no exchange would just ran away if they are operating profitable in the space.

Many people have done testimonials about IEO better than ICO, they say the IEO is faster to get profits because the coins that do the IEO partnered with Exchange.

Tosyn2

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Quote from: BADBITCH on June 28, 2019, 01:00:35 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

Huge successes has been recorded for IEOs conducted majorly on these big exchanges while a lot has failed especially on these unknown exchanges and scam exchanges, for instance Idax which turned out to be a scam.

Topic: Beware of ieo exchanges - page 6. (Read 7763 times)