How to participate in ICO (initial coin offer): Step by step guide
The world of cryptocurrencies has exploded in recent years, and thousands of new coins have begun on various platforms. One of the most interesting ways to get involved is the offers of initial coins (ICO). In this article, we will break the -BEP stepping guide on how to participate in ICO so you can join the series of these innovative startups.
What is ICO?
ICO, also known as the capital dealer or the token dealer, will take place when the company provides investors with new digital tokens or coins in exchange for money. These tokens are then used to finance the launch and implementation of its vision. Toxes can be sold on various platforms, including cryptomen exchange such as coinbase, binance or ethereum or directly through the ICO website.
Advantages from participation to ICO
Before we dive into the -Bep step guide, let’s emphasize certain benefits of participation in ICO:
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Step by step guide in the area of participation in ICO
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Explore the project : Explore the company standing for ICO, its mission, products and technology.
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Create an account : Configure a new account on the selected platform or log in if you already have them.
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Types of tokens used in ICO
Two main types of chips are used in ICO:
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Utilities token : Designed to provide access to a specific service or functionality, token of usability can be used in the project ecosystem.
How to buy tokens in ICO
Buy chips on ICO:
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Place an order : If you are sure that when you buy, place your order using the payment method accepted by the platform.
Tips for success in ICO
Increase your chances of success:
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application
Participation in ICO is an exciting way to participate in innovative startups. By following this step -by -step guide, you will be well equipped with the movement around the process and potentially draw prices for the investment. Be sure to perform tests, be informed and be careful and be careful. Happy investment!
