What is an Initial Exchange Offering (IEO)?
Exchange listing guaranteed through crowdfunding
An Initial Exchange Offering (IEO) is a funding solution that greatly improves upon its predecessor. Upon review, statistics have shown that as of Q2 2018 only 7% of all ICOs have been able to secure listings on any exchange.
An Initial Exchange Offering ensures that a when a digital currency hits its funding target, it becomes available for public trading on the exchange that administered the IEO.
It’s important to note that while listing security is the main advantage over the ICOs, there’s another major factor at play – accessibility. In order to invest in any non-ERC20 Token Initial Coin Offering, a user would need to set up a new wallet and familiarize themselves with a whole new blockchain.
To invest in an Initial Exchange Offering, all a user needs is an exchange account, commitment to a goal, and spare funds. Every operation is done through a well-known, trusted and secure exchange interface, as well, so there’s a low entry threshold to any user that’s at least familiar with the platform.
Listing an Initial Exchange Offering (IEO) on BitBay
There are several major advantages to kickstarting a cryptocurrency to success on an exchange as well established as BitBay. Ranked #3 in Europe, BitBay continues to grow its already substantial user base of 800 000 spread across 200 countries.
Such a large audience, combined with numerous “Top Traders” competitions held for new coins in order to encourage our users to diversify their portfolios will no doubt be a great contributing factor to an Initial Exchange Offering success rate on BitBay.
The most important factor that distinguishes BitBay, however, is the exchange development effort: the focus on product development, OTC trading implementation, obtaining the cryptocurrency licence, and power user-oriented features, such as our PRO platform.
While all of the above features are of great importance to the platform itself, they serve as a key contributing factor to attracting both large-scale investors and risk-resistant daytraders. A core demographic for investments such as ICOs and IEOs.
Applying for listing an Initial Exchange Offering on BitBay is a rather straightforward process. Simply fill out an application form or, in case of any questions, contact us. We’ll gladly answer any of your questions.