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YOU WANT TO KNOW EVERYTHING YOU NEED TO KNOW ABOUT IEO
IEO is a new investment model with exchange support under the success of Binance LaunchPad, which many believe will become the new trend in the coming years. Here we will introduce everything you need to know about IEO so that you can navigate and participate in ieo to succeed.
Everything you need to know about IEOs.
Concept of IEO. IEO is an abbreviation of the term Initial Exchange Ofering – this is an alternative to ICO that appeared in our market in 2019. IEO is a way to sell and list tokens directly on an exchange without through Ico. This is also the main difference of investment methods that have attracted sponsors with the content that lies in the important role of the exchange and in which the selection of promising and feasible projects. .
Difference between IEO and ICO. The difference between IEO and ICO technologies is that IEO has a third intermediary, the exchange. For those of you who play ico, you will work directly with the project owner – which means that for the whole project, the KYC / AML process and the token purchase process are not through intermediaries, but directly with the project. . As for IEO, we do not work directly with the project, but we transact through an intermediary ie both parties transact through a third person.
When we want to participate in buying tokens and selling IEOs, we need to open a trading account on that exchange. And complete all the remaining work, to prepare for the sale and purchase. In addition, there are cases where they will apply methods of using exchange tokens to participate in buying about IEOs. This point is something new in the exchanges in recent years. That increases the demand for their exchange tokens.
In order for you to choose a good IEO broker, there should be criteria for you to choose an IEO exchange.
Not all IEO brokers are good for you to choose, here are the criteria for you to refer to and choose which IEO is good for you to play. Therefore, choosing which exchange to play is also quite an important factor. Here are 4 criteria for you to choose a good platform for you:
The first criterion that we mention is. You should choose a reputable broker. The first priority for you to choose an exchange to buy an IEO is to choose a reputable exchange. Because the floor has a reputation, it goes hand in hand with a high level of safety.
The second criterion is that the exchange has a supportive community and a large number of users and especially has a very high trading volume. Sincere advice for you is not to buy IEO on the exchange because the rate of manipulation is very high.
The third criterion is that you should consult and choose a good project selection floor. The screening or selection of projects has a very high influence on our investment results.
The fourth criterion that is essential for the selection is that the exchange coin has a well-designed Tokenomics. According to our survey, we see almost all exchanges today to issue their own tokens. When they go on the exchange, they use their exchange tokens as an option to buy about IEOs.
In addition, you should learn and make comments about the project you want to invest in.
That way we can help you get all the information you need to know about IEOs. Good luck to you all.
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Important note: All content on the website is for informational purposes only and is not investment advice in any way. Your money, the decision is yours.
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