Tokensale as a Way to Get Hold of  Cryptocurrency: Exploring IDO

    While the top 100 cryptocurrencies are struggling and only slowly increasing their gains, there continues to be an area where short-term returns of 500% or more are possible: IDOs. These are ICOs on so-called DEXs — in other words, new cryptocurrency projects issued via decentralized crypto exchanges as part of so-called crypto launchpads. It is possible crypto to buy and earn a good profit using IDO and make — below in the article.

    What is the IDO

    An IDO platform is usually also a DEX or a DEX exchange, a decentralized exchange. On the other hand, a DEX is not always an IDO platform because not all DEX exchanges offer Crypto IDOs. An IDO platform is usually also a DEX or a DEX exchange. On the other hand, a DEX is not always an IDO platform because not all DEX exchanges offer Crypto IDOs. To participate in an IDO, you need a crypto wallet on the respective IDO platform and liquidity in the form of in-house DEX coins, for example, DAO Maker or SushiSwap.

    These DEX coins can be purchased either at DEX itself or other crypto world and Bitcoin exchanges, for instance, SushiSwap at eToro.

    As soon as the IDO coins (= new cryptocurrency) are released, a user can deposit liquidity in the so-called Launchpool or Launchpad Crypto, which is often demanded in the form of DEX Coins.

    Afterward, a user receives the IDO coin and can ideally sell it again at a profit. How much profit you can expect depends on the specific project, the DEX, and the time of purchase and sale.

    However, more than 500% is possible without problems, as the statistics below show. The definition IDO therefore includes:

    • The publication of new cryptocurrencies on a decentralized crypto exchange;
    • The provision of liquidity in the form of DEX coins;
    • Investing in new cryptocurrencies with above-average return opportunities.

    To see which IDO may be particularly exciting, see the detailed IDO list further down the article.

    In an IDO, a brand new token of a blockchain project is offered for the first time on a decentralized exchange — or "listed." On the corresponding IDO platform, investors can invest in cryptocurrency with the help of the respective IDO.

    This form of reissuing a cryptocurrency brings with it numerous advantages. For one, investors benefit from the potential price increases of the token from the earliest possible point in time, which allows for disproportionately high returns. Secondly, DEX's initial offerings take place on a decentralized platform, on which no intermediary is required. It means that absolute transparency, more freedom, and the most significant possible returns can be offered.

    IDO cryptocurrency exchanges Each decentralized crypto exchange offers an in-house cryptocurrency, usually required for each IDO crypto launch. In total, there are around 60 IDO exchanges. The following list shows the 15 largest in-house cryptocurrencies of DEX exchanges. The DEX Coins are sorted by current market capitalization.

    Many people have heard of IDOs, IEOs, and ICOs. What is the difference between these platforms?

    • IDO — a new cryptocurrency that raises investor funds through a decentralized crypto

    exchange and is subsequently tradable there.

    • IEO — similar to IDO, but through a centralized crypto exchange.
    • ICO — is usually no exchange, neither centralized nor decentralized, interposed. The

    cryptocurrencies are issued directly by the issuer, often employing its website.

    For investors, the essential difference is the platform and the associated risk consideration. While with ICO, you have to take care of the correct wallet, the registration process, and the research yourself, with IDO and IEO, the crypto exchanges provide the basic framework and reduce at least some of the work and risk.

    IDOs offer a fascinating opportunity further to increase the already high potential returns of cryptocurrencies. In addition, there are clear advantages over ICOs. Because with at least rudimentary regulation via the DEX exchanges, investors have better chances of being allocated the coveted IDO coins and a minimum level of security compared to the completely open ICOs, which are not subject to any audit.

    It is also exciting that the high returns of over 500% are not empty promises but can be statistically proven. Depending on the platform, between 20 and 30% of IDO coins achieve a tenfold increase. If you only take the all-time high as a benchmark, you even reach 50%.

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