Dear CROSS exchange Users,
We are pleased to announce the release of CROSS exchange's IEO platform "CROSS exchange Launchpad".
We have also recruited promising projects and are looking to support them at CROSS exchange.In addition, tokens will be sold by CROSS exchange's unique IEO platform.
<Benefits of the CROSSe xchange Launchpad>
1.You can participate in IEOs with your XEX coins.
As one of the use cases of XEX owned only by users of CROSS exchange, it also leads to the improvement of the value of XEX itself.
2. You can buy tokens before general trading
Token sales through IEOs are limited in sales volume but can be purchased at pre-trading prices, so it is possible to buy at a lower price.
3. The Cross exchange team sells pre-screened tokens only
IEO token sales can be purchased with confidence as the CROSS exchange team will have many discussions with the project side and only tokens that meet our own screening criteria (due diligence) will be sold.
We will briefly explain what an IEO is.
What is an IEO (Initial Exchange Offering)?
IEO stands for Initial Exchange Offering, which is a service where cryptocurrency exchanges pre-sell tokens issued by a project.
Difference from an ICO
Unlike an ICO (Initial Coin Offering), an IEO already has an issuer = the exchange. Further, an ICO may not be responsible for issuing or selling or could be outright fraudulent, so the investor risk is very high.
Since IEOs are often listed on the issuing exchange afterwards, you can participate more safely compared to ICOs.
From now on CROSS exchange will only support promising IEO projects.
We will notify you of the token sales schedule with CROSS exchange Launchpad shortly. Get ready for it!