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Author Topic: Do you think IEO is more legit if launch on big exchnages like Binance?  (Read 287 times)
patz22
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September 12, 2019, 01:17:51 AM
 #41

The only thing that pops up in my mind if a legit project will choose smaller exchange that is because of the fee maybe? But see, being listed in binance is not that easy of course they will do a review and paying fees for it. But then again we will never know until these projects will deliver results or just a shitcoins in the market.

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September 12, 2019, 01:19:08 AM
 #42

its not always legit , just for example when big market like bittrex launch their ieo and its failed, even from their 3 ieo none of them success when hit market, their first ieo just like 0,5 x from prices at ieo.
And i think that same happend with binance soon.

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September 12, 2019, 01:43:10 AM
 #43

Binance developer got scam or hack in the past so their team can't control everything here in crypto world so if they launch IEO then this can turn not well also even they trusted and popular like example they have funds about scam or hack in the past still they can repeat that again,Moreover base in the knowledge of Binance team then of course they study their IEO before they launch this

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September 12, 2019, 02:07:43 AM
 #44

I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
Thye already have an edge over the other crowdfunding project, if they managed to launch their project in a big exchange, it just means that they've passed their criteria, and they will be exposed to a lot of investors who rely on big exchanges to only show the best project to invest.

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September 12, 2019, 03:06:36 AM
 #45

Real talk, there is no big exchanges who manage to get to the top rank,
and somehow want to dirty their reputation by allowing those scams IEO
to be listed on their exchanges.
But we still cannot change the fact that if we talking about some huge money
on the table and when all of it is well planted then even the most known exchanges will
not be safe with that strategy.

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September 12, 2019, 03:24:28 AM
 #46

The only thing that pops up in my mind if a legit project will choose smaller exchange that is because of the fee maybe? But see, being listed in binance is not that easy of course they will do a review and paying fees for it. But then again we will never know until these projects will deliver results or just a shitcoins in the market.

I agree I think bigger projects will use bigger and more expensive exchanges. They don't necessarily have to be the bigger ones to succeed though. I do think that bigger exchanges have more to lose if a project
turns out to be a scam. I cannot understand why they would knowingly support or allow a scam on their platform. Doing so just once may ruin their reputation and lose many customers. 

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September 12, 2019, 05:20:50 AM
 #47

its not always legit , just for example when big market like bittrex launch their ieo and its failed, even from their 3 ieo none of them success when hit market, their first ieo just like 0,5 x from prices at ieo.
And i think that same happend with binance soon.
Bittrex has less hype and volume compared with another big exchange site and it has already decreased to the small - medium tier exchange and that means not so many traders around there wanna buy put a lot of money like what has been done in binance exchange site.
There was another reason too just like those icos are running in bittrex were trying to collect a lot of money as much as they can and this may be the main reason why the price of their tokens are getting plunged a lot.
You need to identify the real reason behind that and this much better rather than judge it.

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September 12, 2019, 05:31:16 AM
 #48

as far as the information I get, binance always selects before doing IEO in that market. because of this, many people believe that the IEO conducted in finance has great potential. besides, currently binance is also one of the most favorite exchangers, so I feel that the IEO done there is worth it.

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September 12, 2019, 05:32:05 AM
 #49

I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
IEO on big exchanges like Binance, Kucoin, gateio and etc. it's good chance to reach goal of the project in the fundraising and it also gives confidence to investors. But I can't say the same about small exchanges like exmarkets, Latoken they are launching doubtful projects.

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September 12, 2019, 05:32:29 AM
 #50

I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
Bigger the exchange then chances of scamming is minimum but it might turn into shitty project after few years of months of successful IEO when we still can lose our money.But if you are going to invest on IEO then its better to invest on the projects promoted by big and reputed exchange to feel safer.

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September 12, 2019, 05:36:30 AM
 #51

It's legit in a sense that they can actually get raise the funds they needed especially if the projects IEO is being launch on binance, however it doesn't mean that the project is legit in terms of the development because if the team is not that experienced it will not last long.

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September 12, 2019, 05:43:20 AM
 #52

I think it's more legit because Binance would not risk their reputation on bad projects, once it's in Binance, this means the project were carefully evaluated and we can expect that it's a legit project.

What I like with Binance IEO is the hype in the exchange, we can invest and make short term profit, but we should not just invest blindly because even if its in Binance, there are still some projects that are not successful in the early stage, those projects have less hype.

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September 12, 2019, 05:50:49 AM
 #53

I have been several time invest in IEO project on big exchange like Binance and for me so far is profitable. IEO project in Binance can say legit investment because it definitely will get profit.

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September 12, 2019, 06:03:23 AM
 #54

I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
Currently the IEO trend is not as hot as it used to be and buying IEO at small exchanges is really risky. but investment will still be profitable on small exchanges, provided the project listed is also a good one and has many investors looking to buy it.
As a result, the price push will be very strong and IEO investors will still be profitable.

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September 12, 2019, 09:02:01 AM
 #55

Big exchanges means big fees, it doesn't always proofing the project is legit.
But we know listing in big exchange will need to comply many requirements.
If the project can meet all the requirements and listed there, then the project must be have a good standard.

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September 12, 2019, 09:12:26 AM
 #56

I never liked IEO but I noticed lately it is the only process of investment that can assure liquidity of your investment in the shortest time. THough most listed project through IEO on top exchanges may be far from getting product but they have gone through a level of research/investigation, both for the team and the project. This is safer. If the team from ICO run you cant find them anywhere and they are good at it.

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September 12, 2019, 11:37:41 AM
 #57

Not necessarily, there is no guarantee that the cryptocurrency on Binance is normal. Due to some problems in China, GXC was cancelled by the local public security. So, on that exchange, you need to check yourself and don't hand over your own funds. .

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September 12, 2019, 12:07:46 PM
 #58

I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?

Binance is a large volume exchange. If the IEO project can enter Binance Exchange, I think there are more investors who believe. It is not easy to register on the Binance Exchange and requires more fees.

If the project is listed in a small exchange, I think it will only trash. Investors now need a trustworthy and well-developed project.

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September 12, 2019, 12:13:16 PM
 #59

No, big exchanges not help the project to success it may help to increase the volume only, if the project is good it can be success with any exchange
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September 12, 2019, 12:18:08 PM
 #60

To take part in IEO of big exchanges you should hold solid amount of money in their token, not all could afford that.

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