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Author Topic: Beware of ieo exchanges  (Read 7760 times)
andika2018
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July 04, 2019, 01:21:54 AM
 #81

I think the IEO that has a good reputation is only binance. In addition to benefiting investors when first listing on the market, binance provides the IEO with quality projects. Exchangers should filter every project before implementing the IEO to maintain reputation and protect the interests of their investors
Not only Binance some other exchanges are also good to follow such as Huobi, OKEx, Gate.io, they also provide a pretty good profit even though not as big as binance, and also the projects they present are always of high quality

Agree, almost all IEOs from large exchangers are very legit and profitable. When investing in the IEO, we really have to be careful when choosing an exchanger who organizes an IEO because not all exchangers are good to follow
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July 04, 2019, 01:30:02 AM
 #82

Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
Since it's becoming a trend now, the exchanges are the beneficiaries now and will do everything for the project in order to receive their payment especially for the low grade exchanges. An IEO is not a guarantee for the success of a project although it grants speed of transactions during the sales. What investors should look out for include the product of the project, the level of its demand, the team expertise etc.

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July 04, 2019, 05:14:29 AM
 #83

Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

I read in several articles that IDAX began to look scam because there were several IEOs that were not paid. Indeed, we must be aware of the increasing number of IEOs because almost all exchangers now hold IEOs and we do not know the quality of the projects

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July 04, 2019, 05:20:29 AM
 #84

Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
it's called stimulation,  when exchanges fake the amount they raised from an iEO, a topical example of this obvious scam is idax which has been confirmed and broadcasted by the affected projects.  Until now, no one knows what happens behind-the-scenes odds this IEOs

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July 04, 2019, 06:04:06 AM
 #85

IEO is the latest trend embraced by many new projects. IEO has become popular lately and is gradually replacing ICO. It has many good and bad sides. As you said, some exchanges are resorting to fake amounts raised during IEO just to attract traders and investors. This is true and another truth is exchanges may scam in the name of launching IEO. For instance, IDAX. Pro is reported to have scammed out of up to 5,000,000 USD in the name of holding IEO for many crypto projects. Stay alert.

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July 04, 2019, 06:06:59 AM
 #86

I read in several articles that IDAX began to look scam because there were several IEOs that were not paid. Indeed, we must be aware of the increasing number of IEOs because almost all exchangers now hold IEOs and we do not know the quality of the projects
because they are from the IEO. they came from approving the project. it's like a bomb for themselves.
they have to study at binance, where they manage how the projects listed in their IEO are good projects. when all exchanges think and do the same standard, it will show investors the really good project.

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July 04, 2019, 06:18:23 AM
 #87

It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
Launching an token sale on an exchange (IEO) doesn't mean that the token will not be dumped.

You will not remove the fact that as a token is listed on an exchange, the price of it will immediately plummet because investors and the team will sell their tokens to get profit. IEO just reduces the chances of being scammed and that's it.

 
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Zamoh
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July 07, 2019, 08:58:12 PM
 #88

Launching an token sale on an exchange (IEO) doesn't mean that the token will not be dumped.

You will not remove the fact that as a token is listed on an exchange, the price of it will immediately plummet because investors and the team will sell their tokens to get profit. IEO just reduces the chances of being scammed and that's it.
Often, the IEO that hold top exchanges lead to a subsequent increase in the price of a coin. But often it is only temporary and most likely such projects are scams, I do not believe in the IEO, in my opinion all projects with the IEO are scam. But I believe that in the short term, an IEO can bring a fairly good amount of money.
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July 08, 2019, 02:07:50 AM
 #89

Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

From what i heard, there are some bad exchanges holding IEO, and fabricated the sold amount.
This is of course will create dumping price if there are only few investors that really bought the coin.
That's why we just need to join IEO from the reliable exchanges only.

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July 08, 2019, 02:41:13 AM
 #90

I strongly concur with the fact that IEOs can be controlled by some exchange and everybody should be aware on it.
I also heard that there are some allegation about idax cryptocurrency exchange right now by various project that make ieo in there exchange. cryptomarketads which is one of the projects affected stated that idax control the trading to draw client to invest and its very difficult to confide in other exchange.
This is a big blow to the IEO market

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July 08, 2019, 03:36:47 AM
 #91

That is what we must pay attention now. Because many IEOs have been done in each crypto exchange. And this is becoming a new trend in investment. So now it is true that we must be careful of the IEO in every exchange that has low trust. Because there are several topics that discuss exchanges that play in this IEO. So you have to be careful now if you want to invest in the IEO.
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July 08, 2019, 12:23:27 PM
 #92

Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

This is something we should do an investigation, in ICO we are worried on projects scamming investors and bounty hunters and now we have this issue if they lie about the raised amount there's no way we can do about that because exchanges have full control of that, it's very important for investors to do research on projects that they are investing if they are really going to make an impact in the community.

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July 08, 2019, 12:40:25 PM
 #93

Actually ICO and IEO are not much different. If the price of ico alone can go down when the listing in the market then the price of coins in the IEO is the same. The IEO does not guarantee the price of their coins will always go up and will not go down. Because the increase and decrease in the price of coins depends on the buying and selling strategy and the IEO team. So it's best before deciding to invest in the IEO to be careful in choosing the IEO.
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July 08, 2019, 12:47:08 PM
 #94

Why would an exchange lie about amount raised projects team will be calm about it? I know anything is possible here but this ain't right tokens can perform poorly after being listed.

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July 08, 2019, 12:55:37 PM
 #95

It is obvious that a lot of exchanges these days claim to have included IEO launchpad on their platform but quite a few will stand out, it is unfortunate the new project market is not as successful as it was was expected, particularly I have suspended buying into new projects but would rather buy on listing and that is after I have observed its price movement for a while

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July 08, 2019, 01:05:00 PM
 #96

especially IDAX, I saw yesterday's news that IDAX escaped more than $ 5 million. I am always aware of any exchanges and be more careful in following the IEO. I just followed the IEO at a popular binance exchanger.

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July 08, 2019, 01:35:39 PM
 #97

Why would an exchange lie about amount raised projects team will be calm about it? I know anything is possible here but this ain't right tokens can perform poorly after being listed.

No exchange would do that, unless that coin is created by them with a fake team.
There are a lot of shady exchange in the market, IEO is good but only when a reputable exchanges are hosting it.

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July 08, 2019, 01:47:28 PM
 #98

especially IDAX, I saw yesterday's news that IDAX escaped more than $ 5 million. I am always aware of any exchanges and be more careful in following the IEO. I just followed the IEO at a popular binance exchanger.
Now you can participate only as a holder of a lottery ticket that you can get if you hold more than 50 BNB on your account. and the ticket must be the winner to take part in IEO

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July 08, 2019, 01:56:44 PM
 #99

exactly like was happening on previous week. project called Xcrypt was scammed by IDAX. the progress IEO on there are success. approx 20 million token are sold out on there. then, listing time has come. IDAX promised to list Xcrypt at 2 July. but unfornatelly they (IDAX) was broke their promise to list XCT on there. so be carefull with IDAX.

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July 08, 2019, 02:02:08 PM
 #100

I think ieo is better than ico, because it already has links to the trading platform. But you should only participate in projects on the binance platform, kucoin and some reputable trading platforms, ieo platforms on idax, latoken, bittrex, ... i advise you not to participate

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