Topic: Exchanges that conduct IEOS You should stay away from ? - page 4. (Read 710 times)

we don't need to worry about this problem. investors and bounty hunters are also getting smart and don't have to worry about the choices chosen. investing in or joining an IEO exchange that isn't goodwill makes the project bad. as has happened in many projects so far, I have given important lessons for investors.

I totally agree with you. Latoken's IEO is nothing than shit. Some good projects went there to conduct the IEO sale, they returned back as a shit project. I have no trust in Latoken's IEO raising bar. Besides Latoken, I don't like P2PB2B, VindaX, Coinlim, Exmarkets IEO launchpad. People should careful before investing in this exchange's IEO. I do only care about Gateio, Binance, Kucoin, Huobi, OkeX, Bittrex and some other reputed exchange's IEO!

There are many exchanges that are bad for listing IEO, idax exchange, latoken and p2pb2b exchange are the biggest crap exchanges that developers needs to stay away from, watch trade and fake volumes are present

I have been watching two exchanges where IEO doesn't work:
- LEX exchange for sure have not enough volume to conduct IEO
- Liquid actually is not small, but IEOs made there have no good results


The difference between ICO and IEO is that exchange is verifying project credibility. It also confirms that after the token sale will be possible to trade.
Unfortunately, but it does not guarantee that the price will remain at its level. This is a free market and it is up to the developers whether the project succeeds and the price increases.
In my opinion, it doesn't matter that one exchange has a service for IEO and another doesn't.

Should I consider this as a campaign against Latoken? Well, that is on a lighter mode. I am not also a fan to lakoken. Whenever I am involved in a project that mentions IEO on Latoken, let alone listing in on, I immediately disdain it. Also, I do not advocate conducting IEO on most of the new exvhnages in the space. First, they do not have the real volume and investors to be qualified for that. There are quite a number of old exchanges that are just conducting IEO for the first time and some that have not even conducted any IEO. So it now becomes surprising to me sometimes, seeing newly launched exhnages or exvhanges that have not been in space for a while and now launching IEO launchpad.

the only point in IEOs have been to change then name so that they could attempt at reviving something that was dead. all they could ever do was to put some life in a dead body for a little while before it died again.
exchanges in this process made a ton of money by getting paid from the newbies who listed the tokens and the other newbies who bought the tokens and then traded them on their platform. so it was a win-win situation for the exchanges while the both newbies got screwed over ...

In my own opinion just invest IEO's on a trusted exchange so that you can be sure of your funds safety, But always remember that investing in cryptocurrency is risky its like a gamble since you are only speculating on that particular coin/token that you bought from either IEO's or ICO's  after it was traded maybe you can earn out of it or lose.

Not only the LATOKEN Exchange experienced this, I don't want to make another exchange. But it is true, that small exchanges like LATOKEN sometimes fail a lot when doing IEO.

Precisely the 4th point, there are very many projects in the exchange. So that is really the wrong strategy to succeed the project. But LATOKEN also needs funds in this case, so that's why they do it.

The first exchange on my list is idax, developers who use this exchange or still wants to use them don't know what they are getting into, idax has the power to turn anything around, they have higher connections that even the law can't beat, new projects that avoid idax even after idax cheat them know what they are doing, they know idax has high rank people backing them up

I never had a problem with LAtoken, as long as I transact in LAtoken there are no obstacles. Maybe many people are having problems so I often hear problem issue about LAtoken. If the reputation is not good enough, we really avoid it and prefer to invest in IEO held by large exchangers

Another interesting thread guys. read up here and be save from scandelous exchanges that claims they understands the crypto project but goes around robbing people their hard earn money.

There's usually 3 types of exchanges and how they IEO.

1. The fail type, where they are usually a smaller exchange that charges a very small fee and doesn't help at all, and all they do is list the project, but it eventually fails due to low traffic.

2. Pump type exchanges where they would keep a section of the IEO funds in order to perform market making, and usually they sell out due to this, think binance, BW, ZBV.

3. The regular ones that rarely happens but it's just an exchange helping an IEO but not performing market making, etc.

All platforms except the major exchanges are the same. Binance, Kucoin, Bittrex, Huobi ... I don't think any of them are reliable enough. There was a lot of speculation in an IEO that Bittrex did for a time. So it's pointless to rely on just exchanging tokens.

Now there are a lot of cryptocurrency exchanges where volume is fake and for example, I myself know that the most fakest volume are on such exchanges like vindax, latoken, p2pb2b, exmarkets, idax, it seems that at the very moment these are the most common scam exchanges and where most companies conduct their IEO and companies don’t collect anything by conducting their IEOs on these exchanges, but there are even more exchanges like this one I know, just not all tested.

So what is your solution? Stay away from basically every tier 1 exchange aka Binance, Huobi, Okex etc.? That is silly, IEO is just the latest money-grab invention from Binance and wont be the last one. A lot of people were able to ride the high ROI wave via flipping and on the other hand, a lot of people got burned as well. And this will continue happening in the next "big thing". 

I don't think it is fair to say that we should stay away from IEOS in the same way I think you shouldn't have to stay away from ICO. IEO does have the security of having the token actually listed and the exchanges reputation is at stake. THose exchanges like hte ones you mention that do not do background checks into the projects to make sure they are legit are just greedy and as long as you can pay anything goes. Also notice those are very new exchanges so it will probably be better to wait until older exchanges have run a few successful IEO before jumping in. I already know that the one's some users here posted about are no good like p2pb2b.

There is no question that ICO is dead and that IEO is the in thing and this can go on for the next few years unless a better way can be found. On this note, however, I still think that STO remains the best...STO that is doing an IEO. An IEO just means that the crowdfunding is done in the exchange and not done by the project alone but there is still no guarantee that the project can be successful or that it will not turn into another scam, fraud or failure down the road.

There should have been no illusion here though we are assuming that big and reputable exchanges are doing their job of screening the projects they are onboarding so that scams can be controlled as much as possible. Sadly, there are and will be less reputable exchanges who are just after the money. You pay them the required fees and then you are on the go introducing the IEO wherever and whenever you want. I think the bottomline here is always business and that is what all exchanges are looking for.

The big lessons here is seems that since you own the money, it is your big responsibility to make your own research on the project and should not expect a lot of help from the exchange and all decisions you are doing are all yours to face the consequences. I dread the time when many of these IEOs would also turn red.

And what about those that are launched in huge and popular exchanges, are they automatically better IEOs? To be fair, they are not. They are just richer. Does it automatically follow that since an IEO is launched in Bittrex or Binance, they will be successful and will give you a guaranteed positive return of your investments? No, of course not! There are different kinds of scam projects. There are those that are created by a poor team and there are those that are created by rich scam teams.

The most famous is IDAX, the most important according to them is profit, I don't really understand how they manage their management because of the increasingly low reputation. It's one of the places to get income and although almost all exchangers are like that, so I guess it's fine, I wonder why there is no selection and research information from tokens that will enter their platform. What about coin / token voting? some exchangers apply voting where the community must pay to get a place to vote, and the most get voting from the community then the coin / token get a place to sell their products.

Latoken and IDEx are some popular exchanges that were involved in fishy IEOs. There are many more exchanges some established with the sole purpose of issuing an ICO, so it would be really difficult to track IEO by exchanges. So, it again comes to sticking with some popular exchanges and going outside of the comfort zone only for the IEOs you trust in.
Again it's not that each and every IEO issued by binance would yield you a profit.