Topic: Exchanges to be careful about IEO listing. (Read 1583 times)
IEO on good reputation and high rank exchange is secure and good investment but on low rank exchanges it is totally loss of your investment.
but there is very few IEO on Binance compared to other exchanges. if you enter on smaller exchanges, you will see that there are a lot of ieo.
Binance conduct IEO once per month, and that makes the IEO more to sell out faster and to have a huge pump when listed unlike other exchange that they conduct more than 1 IEO monthly, exchange with lots of IEO mostly don't sell out their IEO tokens First of all, you need to be careful when taking part in the IEO on medium exchanges. Top exchanges, such as Binance, Okex, Kucoin, Gate.io, Huobi and so on, never fail to take care of their reputation. But all the others even Bittrex) should be rechecked and understand the risks.
You maybe right, but IEO being hosted on mentioned top exchanges doesn't guarantee anything, Even IEOs hosted on any of these exchanges could end being blatant and well orchestrated scam. Investors really need to be more careful regarding any investment.
First of all, you need to be careful when taking part in the IEO on medium exchanges. Top exchanges, such as Binance, Okex, Kucoin, Gate.io, Huobi and so on, never fail to take care of their reputation. But all the others even Bittrex) should be rechecked and understand the risks.
Good exchanges are very careful about their reputation. Because a good IEO can improve the exchange's reputation but a bad project can harm too. I remembered about the first IEO project on Bittrex! Though later Bittrex rejected that project, but still I couldn't push myself to join in Bittrex IEO, I mean I don't have courage about Bittrex because of that bad project that got accepted by the Bittrex IEO! Most of the exchanges IEO are becoming failed or they are showing the false raise. Recently IDA, Dcoin did it. So, not only exchange, every crypto investors should be careful about low-class exchange IEO, personally, I like to avoid them!
Some exchanges do not care about reputation. They just keep listing and doing more IEOs without any scrutiny. The fact of the matter is that those exchanges are concerned with the amount of money they take than thinking about the quality of the project they are about doing the IEO for.
Yes I heard about how cruel idax exchange has been to many IEO projects and even latoken,these exchanges should be on watch before they keep scamming other upcoming projects as well
Currently IEO's are becoming pupular and providing a more reliable option for new projects than ICO's. Previously a lot of new projects started by raising funds via their ICO sites and because of unregulated nature of this avenue, a lot of scammers used the medium to swindle a lot of victims.
Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.
I heard idax exchange scammed over 5 different projects off their IEO funds .. I think this form of funds raiser is dead on arrival Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.
Profit is all that exchange wants, no body care about how to save investor by scamer. in this fact exchange have to be trusting by people who have money to investing, no body care about exchange profit when become getting lose to investor. and so we must also to be careful for our own good.
that's true and the fact so many small exchange sites are listing crap ICOs. The only way to do the best for us to avoid the suspicious and unpopular exchange site because so many icos were listed on the are totally scam or not having a strong team. 
I don't know exactly how the IEO agreement was carried out by both parties (projects and exchanges).
If my analysis is correct that the exchange party acts as an escrow and releases investor funds to the project party after reaching the trading phase (according to the roadmap) or other phase at a safe point, so I think that is good.
If my analysis is correct that the exchange party acts as an escrow and releases investor funds to the project party after reaching the trading phase (according to the roadmap) or other phase at a safe point, so I think that is good.
Profit is all that exchange wants, no body care about how to save investor by scamer. in this fact exchange have to be trusting by people who have money to investing, no body care about exchange profit when become getting lose to investor. and so we must also to be careful for our own good.
My method is quite simple in choosing an exchange to join the IEO program. My criteria for choosing an exchange is that the exchange must have a large volume besides the responsibility and security of the exchange. by relying on the criteria for me it was enough to say that the exchange was feasible to be used as a means of joining the IEO.
Most shoddy exchanges don't look at the quality of the projects before the listing, but they are more interested in the fee charge and the new users the IEO will drive to their exchange.
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Agree with your opinion.
In some cases, there are several projects that are "fooled" by an exchange (IDAX PRO in the case of Crypto Market Ads).
[Source / Reference: IDAX.pro SCAMMED crypto projects for up to 5,000,000 USD! ]
there are also exchange those who "
however, both the IEO and ICO certainly have advantages and disadvantages. So, Deep Research about project that is the target of our investment should be done with more observance.
This tarnished our decision making. We have launched our IEO today on P2Pb2b. As an exchange we found their due diligence process to be much higher in standards in comparison to such exchanges as Dcoin. But still we entrust that as a regulated space there's no such thing as a "scammy" exchange?!
This is why we as investors should never allow FOMO or greed to cloud our judgement, when you do not trust an exchange, never participate in any IEO on it, infact never invest in an IEO if it's not hosted on one of the top trusted and established exchanges, they have a reputation to uphold and would always be fair.
Currently IEO's are becoming pupular and providing a more reliable option for new projects than ICO's. Previously a lot of new projects started by raising funds via their ICO sites and because of unregulated nature of this avenue, a lot of scammers used the medium to swindle a lot of victims.
Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.
it seems that all IEOs are not entirely safe if you want to invest in the IEO, it is better to keep money management or follow the IEO in a large exchange and have a good reputation, or exchange that occupies 1-40 in cmc. every scammer would want to take advantage of some small exchange or that has a small volume Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.
yeah im wonder, why all ieo from binance is always survive i mean give profit minimal x3 from IEO price.
atleast ERD make x38 roi, that was crazy when some coin just list on exchange and get pump so high like a bull run.
I wonder if binance has a role in this pump, or is it purely from demand and supply.
atleast ERD make x38 roi, that was crazy when some coin just list on exchange and get pump so high like a bull run.
I wonder if binance has a role in this pump, or is it purely from demand and supply.
Really if this is true then everyone will be just maxing out Binance launchpad ieos. I don't think it's true. Many people manipulate the profit margins of IEO/ICO coins by showing the ICO price to be so cheap, but this is only after applying the maximum bonus amounts like from private sales. Average ICO investors pay a lot more than what statistics show as ICO price.
This is oje of the advantages of IEO over ICO, at least the scrutiny should not only be about the individual investor but the exchange that lists the project, Currently I know that Binance does some background check and their are certain requirements to be be fulfilled before listing on their exchange. Even though this will not totally eradicate scam and fake projects but it will reduce it to the minimum compared to ICO's
Many projects which already done their ICO but still not on exchange additionally want raise funds on IEO.
I am think need to be careful from this movements
I am think need to be careful from this movements
Scammers are still using IEO to raise fund and some exchanges careless about their reputation and they are unapologetic about that. Bluenote is a project that was conducted on dobitrate exchange, and dobitrate is notorious for a fake volume. So scammers still perverse IEO as such you are to to deal with extreme caution.
I couldn't agree more. The idea that an IEO is reputable by default is a fallacy. There are so many dodgy exchanges with fake volume and scam accusations that are now cashing in on the IEO market, more or less directly partnering with scammy projects that plan to make "easier" money grabs. Don't believe the hype.
Soon enough, the IEO market in 2019 will be as unreliable as the ICO market in 2018 for investors.
Exchangers should be careful with IEO. don't let them get the wrong way to look for the project they will launch in their exchanger because this will determine their exchange name will be better or worse.
I think the exchange already has its own rules and requirements for the launchpad project on their platform. if they are careless about choosing a project scam, then it will affect the viewpoint of investors and traders in their exchange.Jump to: