HOW to successfuly participate in an IEO? Initial exchange offering

[Whosdaddy]

The IEO is for me, I always follow IEO from large exchanges like Binance, Bittrex, and other exchanges, if the IEO is made a small exchange then I don't participate.

These are still the exchanges carrying out IEO projects for now and that is why it feels safe for many investors, but it is not just to follow but to participate, have you ever participated in any of these IEO projects ? Because to me, it has been quite difficult for many people to gain access to it because of tokens that gets sold out within minutes.

I am also following the projects and monitoring their progress but what is the essence of doing do when I dint have any slot or shares in the project, these top exchanges you mentioned really need to simplify it application method, so people can equally participate in it.

[absurde]

i had tried twice in Binance, but i couldn't purchase even i am in %0.17, i don't believe that system , because it's not fair enough therefore transparent.

[allanr]

Nice, because usually it was reported that bots really do the buying in most IEO because how quick it was getting sold, like literally in seconds. How much did you able to buy though? I'm just curious cat here.

Most participants who join the IEO are 90%bot - 10%human.
My regret is that I only bought $100, but I am happy because I sell it at a price 17x from IEO price. 

[trash321]

There is nothing difficult there. Everything is very simple and very similar to the usual process at ICO, KYC is also a must-have procedure. Therefore, I do not understand exactly what the problem was. I think you will understand everything.

[Doging]

I tried to take part many times, but it never ended successfully. Unfortunately, the only protection against bots is a lottery. IEO bots are a new type of fraud. I hope that in the near future the situation will change for the better and everyone will play by the same rules.

[MRlong]

I think to successful in an IEO we must be lucky cause it's very difficult to buy coin/token in IEO cause number of investors is very huge while number of coin/token in IEO is limited. But I think you should make a team about 4 - 5 persons, maybe it'll help cause as I can see there are so many teams created to buy token/coin from IEO and it worked although amount of token/coin they could buy wasn't so much.

[futile-resistance]

I think when you will try in high ranked exchange like binance, bittrex, it totally depends on your luck. Most of the IEO ever I have seen was finished in a second. Maybe who was successful yet by using bots.

Exactly and which also shows how big the demand is for IEO among people. I think that it would be good if you have an account on the exchange which is planning to conduct an IEO. This is important because if you try to make an account just a day ago before the launch of IEO, you will never make it because the verification process takes time. And yes some of the IEOs are done with the tokens in seconds so make sure you are there when it is conducted.

I guess, there will be no new mechanism is needed specially for participating into IEO as usual ICO procedures itself more than enough to filter out scam things even with IEOs.

[tranduong123]

I am like you, joining several IEOs, and the result is not buying any IEO. The reason is because there are fraudsters who use support tools, they can complete the purchase in 1s. I hope new forms like Binance's lottery will bring more fairness. Let's see

[BlueStackz]

The major thing you need is a very good web provider, preferably a 4g network because there will be millions of users visiting the site to make purchase at a time and not everyone would be able to make purchase because the token is limited and can be sold out at anytime, another you need to do is to be on the website very early, let's say if possible 2 hours before the sales begin so that you would know what is left is for you to make purchase immediately, make sure you fund your account on time so that you won't have problem with confirmation.

What we need is more projects to be registered on IEO and opened to many investors, there was an announcement on Yobit yesterday that I saw, on their upcoming IEO, which I check and I saw that they only have 1 upcoming IEO that will be on board in 70 days, imagine how many people would have seen this and preparing for the 70 days, when the time comes, it’s the fastest person that will participate, and it’s just beginning to look like a raffle draw. If we have so such projects, then there won’t be any rush, because 1 person cannot participate in many IEO at the same time.

[leea-1334]

Nice, because usually it was reported that bots really do the buying in most IEO because how quick it was getting sold, like literally in seconds. How much did you able to buy though? I'm just curious cat here.

Most participants who join the IEO are 90%bot - 10%human.
My regret is that I only bought $100, but I am happy because I sell it at a price 17x from IEO price. 

I suspected this as much to be honest. I was curious to see how an IEO looked like and went to a Bittrex one and the screen simply could not even load for me. By the time I could load it, sale was over. So I have pretty okay internet and a fast computer. If I could not do it, I guess most people cannot. The only explanation left is just automatic bots waiting and flooding the server with requests to achieve a buy order.