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Author Topic: ICO's should accept more altcoins other than ETH and BTC  (Read 229 times)
zee123 (OP)
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April 21, 2018, 11:56:59 AM
 #1

This can only be good for cryptocurrency when there is a mass adoption of altcoins during the ICO stage.

In the spirit of adoption, Potentiam will be accepting 57 new types of cryptocurrencies in exchange for the Potentiam token! Including Ethereum, Bitcoin, and Bitcoin Cash, that totals 60 different cryptocurrencies! 💴💶💷 If you have been eyeing up the PTM token but not wanting to part with your precious Ethereum, and Bitcoin, we are now giving you the opportunity to exchange other cryptos for some PTM! 

Visit Potentiam to learn more or join the telegram group(https://t.me/potentiamgroup) with 39000 members now.

Read the full article and view the full list of altcoins accepted on Medium

The Potentiam ICO ends midnight on the 23rd of April, so hurry and scoop some up!

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Wind_Crypto
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April 21, 2018, 12:12:48 PM
 #2

accepting too many is an issue too, the "value" of the crypto collected will be partially expensed during exchanges, swaps and transfers .. usually 5-10 is a gd call.
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April 21, 2018, 12:32:08 PM
 #3

Very few ICO's are already accepting multiple coins for the payments, even i am also agreeing because some people cannot able to buy the higher valued coin in the market. If an ICO company can manage to accept different potential coins will always help the small investors to invest in ICO.
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April 21, 2018, 03:54:43 PM
 #4

agree with you, a lot of investors who want to invest in ICO but are constrained because of the limited type of coin that can be used to invest in ICO. and the average is bitcoin and ethereum. but a progress as well when today many ICOs provide investment services with NEO.

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June 10, 2018, 05:42:26 PM
 #5

I don't see a problem at all! The main thing that was what to invest, and in what form - it does not matter. Etherium and Bitcoin are Available. They can be bought everywhere, for any altcoin or Fiat and invest in ICO.
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August 02, 2018, 06:44:39 PM
 #6

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August 02, 2018, 08:21:43 PM
 #7

Our stats show that accepting other currencies increase amount of money raised up to +20%
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August 02, 2018, 08:42:41 PM
 #8

Agree on that. On the other hand managing and in the end cashing out all the coins can be quite a mess. Imagine you offer "Dogecoin" and you raised 2 million USD with it. How are you going to dump it, if the trading volume is so low, that dumping it would give you less than 2 milllion USD.
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August 03, 2018, 11:47:46 AM
 #9

There are ICOs that are also accepting BNB (Binance coin).

But it also depends on what is the coin that the developers type. But ETH and BTC are the most accurate and best coins for them to receive.

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michietn94
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August 03, 2018, 12:01:52 PM
 #10

I think some ICO projects have now adopted payment options other than ETH and BTC. Usually they accept BCH and USD/EUR as an alternative payment. Other coins I've come across are LTC and DASH.

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lunaelucemauram
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August 03, 2018, 01:29:23 PM
 #11

Yeah they should accept other cryptocurrency other than BTC and ETH, but it can impose difficulties to the management as other cryptocurrency will be much more volatile than those two and BTC and ETH is the barometer of cryptocurrency. If they would be adding more options it should be within the top 25 that has more stability in prices.
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August 03, 2018, 01:59:13 PM
Last edit: September 20, 2018, 05:52:54 PM by carter34
 #12

Usage of more altcoin will also help the acceptance process of cryptocurrency. There are very nice coins there like litecoin, dogecoin, sic, monero, waves etc. If icos adopt more of these coins, it will help. This will be a very good move for cryptocurrency.
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September 21, 2018, 11:20:59 PM
 #13

ICO accept multiple coin
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September 22, 2018, 12:18:07 AM
 #14

The type of cryptos used as a contribution value during an ICO is dependent on the project development team, whether or not an independent blockchain is involved and the budgetary make up; this is so because once a particular currency is set, it is usually inconvenient to the prospective investor if it changes sporadically as it could be a deterrent to many interest parties. A part of the raised sum is usually liquidated and converted to fiat currencies to cater for non-crypto related expenses such as power bill, stationeries, and other expenses which do not require cryptos to pay off.
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September 22, 2018, 02:29:19 PM
 #15

Bitcoin and ether are the most common cryptocurrencies, they can be easily purchased on almost all exchanges, unlike other coins. Projects are very unprofitable to take different coins, because you have to keep track of their unstable exchange rate, and it requires additional costs and time. Why the project team needs extra problems. In addition,investors prefer to keep their savings in stable currencies, not in altcoins.
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September 22, 2018, 05:28:34 PM
 #16

Nowadays the most ICO projects accept so many currencies including fiat currencies and paying via the credit cards sometimes. But surely they are mostly supporting BTC and ETH because they are the most used coins by the crypto community.
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September 22, 2018, 10:54:50 PM
 #17

This can only be good for cryptocurrency when there is a mass adoption of altcoins during the ICO stage.

In the spirit of adoption, Potentiam will be accepting 57 new types of cryptocurrencies in exchange for the Potentiam token! Including Ethereum, Bitcoin, and Bitcoin Cash, that totals 60 different cryptocurrencies! 💴💶💷 If you have been eyeing up the PTM token but not wanting to part with your precious Ethereum, and Bitcoin, we are now giving you the opportunity to exchange other cryptos for some PTM! 

Visit Potentiam to learn more or join the telegram group(https://t.me/potentiamgroup) with 39000 members now.

Read the full article and view the full list of altcoins accepted on Medium

The Potentiam ICO ends midnight on the 23rd of April, so hurry and scoop some up!


Actually not just that provided link of yours accepts different kind of cryptocurrency there are now many kinds of ICO that accepts bitcoin. Maybe before they the ICO before do not accept any kind of cryptocurrency but now many are into accepting different kind of cryptocurrency for a reason that ICO team see that as a good source and strategies.

I could provide the link once I have find this ICO again for you guys to know amd make a use out of it.

Nowadays the most ICO projects accept so many currencies including fiat currencies and paying via the credit cards sometimes. But surely they are mostly supporting BTC and ETH because they are the most used coins by the crypto community.

Fiat currencies? How whatvkimd of ICO is this that you are talking about?
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September 22, 2018, 11:24:06 PM
 #18

accepting too many is an issue too, the "value" of the crypto collected will be partially expensed during exchanges, swaps and transfers .. usually 5-10 is a gd call.

yes, especially when the situation is very unstable. accepting payment by credit card or fiat debit  is enough to be able to guarantee and verify the ICO
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September 22, 2018, 11:44:00 PM
 #19

I think some ICO projects have now adopted payment options other than ETH and BTC. Usually they accept BCH and USD/EUR as an alternative payment. Other coins I've come across are LTC and DASH.
Yep, they are so many options now to invest in fiat money using your coin. Its good to have a lot of option so people will find an easy way to invest. But its better to accept only good coins so the value of that coin will not dump easily because of volatility.
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September 23, 2018, 12:50:45 AM
 #20

This can only be good for cryptocurrency when there is a mass adoption of altcoins during the ICO stage.

In the spirit of adoption, Potentiam will be accepting 57 new types of cryptocurrencies in exchange for the Potentiam token! Including Ethereum, Bitcoin, and Bitcoin Cash, that totals 60 different cryptocurrencies! 💴💶💷 If you have been eyeing up the PTM token but not wanting to part with your precious Ethereum, and Bitcoin, we are now giving you the opportunity to exchange other cryptos for some PTM! 

Visit Potentiam to learn more or join the telegram group(https://t.me/potentiamgroup) with 39000 members now.

Read the full article and view the full list of altcoins accepted on Medium

The Potentiam ICO ends midnight on the 23rd of April, so hurry and scoop some up!

The ICO has now finished waiting for where the market will receive the potentiam, and now many ICOs receive in addition to BTC and ETH, it's just not as much as the potentiam project

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