What are IEOs? Initial Exchange Offerings Explained For Dummies!

IEOs or Initial Exchange Offerings are a new fundraising model in the cryptocurrency world. Instead of ICOs, IEOs work with exchanges as the intermediary between the investor and the project/team. The exchange handles KYC/AML, deposits/withdrawals, caps, and limits. Once the IEO is over, coins/tokens are often immediately tradable. This is safer in some ways because a big risk of ICOs were that their tokens would never be able to get listed on exchanges. What do you think about IEOs? Were you able to participate in the Fetch.AI or Bittorrent ones on the Binance Launchpad platform?

#IEO #InitialExchangeOffering #Cryptocurrency

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