Topic: Exchanges to be careful about IEO listing. - page 4. (Read 1583 times)
If the bounty really wants a successful ieo to be done and gain a lot of investment i prefer to kist the token or altcoins in top 10 exchanges because i didn't see any projects that succeeds ieo in the cheaper exchange or in exchange that has fake volume . Thats why investors are playing safe with there Money and doing investment only in good projects that list tokens in good exchange.
This is true initial coin offer was running own site. So everyone has unregulated path to funds increase. I only believe Binance exchange IEO offer, only this exchange has highest record to successful.
We have to thank Binance for creating a trend for the market even though it is not new at all. Other exchanges are also very successful with the IEO
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.
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 agree the blame will now be on exchanges, so in case they do connivance, investors will likely transfer to other exchanges with a good reputation, it's good that we now have IEO it make things easier for the investor to invest without a need to spend time checking if the project is legit.
I know of certain exchanges that have been tagged scam because of the kind of IEO's they conducted, while exchanges should choose carefully to get listed, they should also make certain rules strict as conditions to be met before listing and important among them is to protect the investor's interest
This is true initial coin offer was running own site. So everyone has unregulated path to funds increase. I only believe Binance exchange IEO offer, only this exchange has highest record to successful.
We have to thank Binance for creating a trend for the market even though it is not new at all. Other exchanges are also very successful with 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.
~~
~~
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.
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. Novice always FOMO in thinking that an exchange should be responsible to do the due diligence. IEO will not last up to ICO time the way is being handled presently. You will see an IEO conducted on all these semi-exchanges and the price will drop up to 250% within a week, who are the sellers, the project team of course dumping the token to cash out. Any IEO that does not have minimum one year locked up period for the team and advisors, you better tie your shoes and ran very fast to safety.
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.
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.
Users should only look at IEOs hosted by popular exchanges as they won't generally risk their reputation and hence do an extensive research about the project before listing.
IEOs even shows the real nature of exchanges. Look at what IDEX did it to themselves. They just destroyed their reputation which will soon destroy their business.
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.
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 think its actually a good innovation. This will give investors a better assurance that they are in safe hands and the project they are investing in is legitimate. Even if there will still be scammers who will be able to go through IEOs scot free, the percentage will be infinitesimal
We already should know the exchanges we should go for, when it comes to running or participating in IEO. IEO is now trending, so it is expected that scam exchanges will also be involved.
Take it as a duty to always make findings before participating in anyone.
Take it as a duty to always make findings before participating in anyone.
I only believe Binance exchange IEO offer, only this exchange has highest record to successful.
Just like majority of the IEO investors, they also believe in Binance.
They sees the quality is more important than the volume, and because Binance were able to take care their reputation, they are not gaining the trust of the people, actually a simple research is already enough to invest in IEO, provided it's traded in the most reputable exchange in the crypto space.
I also really consider what exchanges to list the new coins for IEO process. So far, we may only be happy that the coins are listed on exchanges. However, we must be more careful in choosing IEO, which exchange they are using. Only pick the trust one and never be scammed to ignore carefully
Aside from the top exchanges with their own IEO platforms like Binance, kucoin, huobi and gate.io i strongly believe that the rest of the exchanges should be thoroughly scrutinized before making any form of investment in their IEO. A good example is the scam allegations that IDAX is facing in recent weeks.
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.
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.
Indeed the IEO is actually a kind of double-edged sword for the Exchange itself. If it works then people will increasingly believe, if the project fails and also the exchange will get a bad reputation. And in the end the exchange must also rethink their exchange consumer confidence.
Besides that, there are also exchanges that scam on several projects:
Read this : https://medium.com/@info_85454/idax-pro-scammed-crypto-projects-for-up-to-5-000-000-usd-c2d10a0dd14e
Only binance today that I see has considerable trust in the cryptocurrency market. they are able to maintain so many investors who but put their money in ieo binance and actually increase their interest
Kinda right it seems, binance really take their IEO seriously that they seem to choose only the best project out there, also the fact that their IEO always selling like a hot cakes is a proof that people usually favor the IEO from binance rather than other exchange, 
I am glad that exchanges have really taken the burden of verifying project teams authenticity. It is a sigh of relief. Now the worry belongs to the exchanges and they can easily ask for kycs with sensitive documents to protect themselves and thier communities at large from scam or any fraudulent activity that might be carried out by project developers
Actually I don't participate in any IEO done on mushroom exchanges without reputation. I only participate in IEO done on reputable exchanges like Binance, Okex, Kucoin, Huobi, Gate.io . Even before participating, I don't rely on the fact that the exchange must have scrutinized the project, I do my personal research before delving in.
That's good advice.
Exchanges were hosting IEOs in 2014, although they didn't call them IEOs back then. Some were held on reputable exchanges, but investors still lost money.
Even reputable exchanges will refuse to reimburse investor's losses. Buying into an IEO is always a gamble.
Actually I don't participate in any IEO done on mushroom exchanges without reputation. I only participate in IEO done on reputable exchanges like Binance, Okex, Kucoin, Huobi, Gate.io . Even before participating, I don't rely on the fact that the exchange must have scrutinized the project, I do my personal research before delving in.
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.
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.
Ieo failure has less impacts on exchanges because good projects attract good exchanges
So if you have a bad ieo, the project isn’t solid enough
Research is functional and beneficial for all
Exchanges don't even care about IEO projects. Point is that they need money, so in each case they will list project,but they don't make deep review and that is reality!
Jump to: