What Is An IEO (Initial Exchange Offering)?

ICO is a token sale in which the developer team themselves conducts the fundraising, collects the denominated contributions either in Ether or other cryptocurrencies and issue the minted token. The entire ICO procedure is governed by a smart contract. On the other hand, IEO is a token sale in which the fundraising is conducted on an exchange (Binance and Bittrex), project developers mint the token and send them to the exchange. In IEO, each participant has to create an account with the exchange and send ETH to this account. When the IEO commences the tokens can be purchased from the exchange. In contrast, the ICO participant has to send ETH to a specified address and the developer sends the token.For more information visit our website below.

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