Initial Exchange Offering (IEO) is a kind of token sale which is provided by the Cryptocurrency trading. IEO is controlled and managed by the exchange for the startup. Its aim is raising funds. As the token sale is conducted on the trading platform, token issuers need to pay listing charges alongside a percentage of the tokens sold during the IEO. In return, the tokens of the Crypto new businesses are sold on the trading platforms, and their coins are recorded after the IEO is over. As the Cryptocurrency trade takes a percentage of the tokens sold by the startup, the trade is boosted to help with the token issuer’s promoting operations.
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Powerful crypto exchange platform for those who mean business. The BitRoyal Exchange API is meant to provide a simple and efficient way to trade IEO.
IEO stands for Initial Exchange Offering. It is a way to raise funds through the sale of a project’s tokens. The token sale takes place directly on an exchange, and the tokens sold will be tradeable on that exchange. Essentially it is the exchange that is offering the tokens for sale on behalf of the project team, and individuals need to register an account on the exchange in order to participate in the token sale.
An IEO is very similar to an ICO – a predetermined amount of tokens are offered to the market at a fixed price.
How to Invest in an IEO on BitRoyal?
1. Create an account on BitRoyal.
2. Verify Your Account.
3. Choose the IEO you want to invest in.
IEOs generally mean additional revenues for exchanges. Exchanges can which will that may host Associate in Nursing IEO will generally do the vetting method of a project for a fee. They additionally get fees once the token starts trading on their exchange.