The Revolutionary Exchange - DEXAGE - has secured an IEO on BitForex and Exmarkets

08:18 PM UTC+8, 24 Jun 2019
230
The Revolutionary Exchange - DEXAGE - has secured an IEO on BitForex and Exmarkets

The Revolutionary Exchange - DEXAGE - has secured an IEO on BitForex and Exmarkets

Published 08:18 PM UTC+8, 24 Jun 2019
230

Dexage a user-centric  Hybrid exchange startup has proven that it is a viable project from its recent vetting and approval for an IEO on two reputable exchanges.

If you have been following this project, you will know that the team has not deviated from its road map. Its ICO ended May 31st, 2019 and its IEO is started on the 22nd of June 2019.  Its investors are delighted with this development and the tenacity of the Dexage team. The question you might have now is; What is an IEO? And how do I participate in the Dexage project?

Here are 4 parts for easy understanding and quick assimilation.


What is an IEO?

An IEO is a way through which cryptocurrency startups raise money to execute their project. The acronym IEO stands for Initial Exchange Offering. It is an advancement in ICO (Initial Coin Offering) because it is conducted on an exchange rather than the startup’s website.

ICOs are unregulated and thus dubious projects were able to raise money through this means from unsuspecting investors.  In 2017 and early 2018, billions of dollars were generated through ICOs, however, nearly 80 percent of these ICOs were identified as a scam.

IEOs are safer, legitimate and more reputable form of ICOs; Because they are conducted on Exchanges, these Exchanges want to maintain their trust and reputation thus they strictly vet these startups before listing their token for IEO.

Another advantage of IEOs is that the tokens sold are received immediately and these tokens become available for trading on the exchange that conducted the IEO.

One of the first IEOs was carried out on BinanceLauchpad; $7.2 million was raised in the sales of BitTorrent token in less than 15 minutes. In Fetch.AI’s IEO the hard cap of $6 million was reached in 22 seconds.

It is safe to say that tokens issues through IEOs are tokens from a legit project.


Who does the IEO benefit?

An IEO is of benefit to the investor, the startup and the Exchange. When an investor invests in a startup through an IEO, he can rest assured that the project has been vetted by Exchange before it's listed thus the risk of investing in fraudulent Project is eliminated.

The Startup saves money and time in heavy unprofitable marketing, in looking for an exchange to list its token for trading after crowd sale, and in competing with fraudulent Startups in the free ICO market. They only need to concentrate more on developing their project.

The Exchange gains the satisfaction that they are listing a token they have vetted to be legit; they also earn in listing fee and fees from trading of the token on its platform. 


Why did Dexage go into IEO?

Dexage is a decentralized exchange with a multi-tier trading ecosystem. It features include

  • Decentralized Crypto Exchange
  • Centralized Exchange
  • P2P Fiat -Crypto Trading
  • DXG Staking
  • P2P Lending
  • Mobile Chat Dapp for Socio-economic Transaction
  • DXG Decentralized Automated Organization
  • Intelligent One-Click Diversification for Crypto Asset Manager


The legitimacy of Dexage has been proven by 2 reputable exchanges that have vetted and approve the Dexage IEO on their platform.


Where and When will the Dexage IEO be carried out?  

The Dexage IEO will be carried out on two exchanges


Bitforex is an exchange that is registered in the Republic of Seychelles, it has bases in Singapore, Japan, Hong Kong, etc. Its 24 hours trading volume is about 1.2 billion USD. Most IEO that run on this platform gets sold out.

Dexage IEO on BitForex is slated to run from the 1st of July to the 5th of July 2019.


Exmarkets is an exchange that is a subsidiary of Chain Framework ltd. Dexage IEO on Exmarkets will run from the 22nd of June to the 8th of July 2019.

Trading of the DXG tokens both platforms start on the 22nd of July 2019. Note that once a coin is sold out on a platform, the IEO will automatically end on that platform.


CONCLUSION

Dexage if a platform that will revolutionize Trading. It’s a project trader are looking up to as it gives traders complete control of their funds eliminating middle man fraud or Hackers invasion.

The approval of the project by BitForex and Exmarkets further proves that its solid.

Investors who are yet to invest in the project still have an opportunity. Head over to Bitforex and Exmarkets create an account and buy during the IEO. The IEO price is $0.0008 per DXG token.

All Press Releases published in our site are paid for by the company, author, ICO projects, crypto foundations, PR firms, advertising firm, or any other marketing agencies. KenKarlo.com is not a subsidiary of any marketing agency, nor we are owned by any company, ICO,IEO, STO, crypto or coin foundation.
We encourage you, our readers to study caution prior to, considering any involvement with said ICO, company, organizations that involves investment.
Updated 05:49 PM UTC+8, 25 Jun 2019

Related Stories

Matrix Exchange receives In-Principle Approval from ...

Jul 142 min readby matrix exchange

The Ecom Platform grows with the Development of its ...

Jul 136 min readby ecom

Geco.one to launch IEO on Latoken and Coineal

Jul 029 min readby geco

I Hackathon Blockchain Marbella, Progress Towards a ...

Jul 013 min readby blockchain marbella

ThunderBolt, efficiency linked to the TBC token

Jun 258 min readby thunderbolt

Featured Stories

Internet Safety Practices—Protect Yourself Online

Jun 123 min read

How to Protect your Privacy and Earn while Browsing Online

Jul 033 min read

Bitcoin 2019: What Future Lies Ahead?

Jan 0812 min read

What are the Positive and Negative effects of using Facebook

Jun 274 min read

How to Use Pinterest for Business: Strategies

Jun 113 min read

Latest Stories

Lottery Powered by Smart Contracts, Provably fair and Cryptographically Secured

Jul 177 min read

The Challenges of Technology in the Workplace

Jul 175 min read

Matrix Exchange receives In-Principle Approval from Abu Dhabi Global Market

Jul 142 min read

How to read Facebook Messenger's messages without being seen by other person

Jul 133 min read

The Ecom Platform grows with the Development of its Fitband

Jul 136 min read
x
By using this website, you agree to our Terms and Conditions and Privacy Policy.
Sponsored banner Ledger Nano X - Keep your crypto secure, everywhere. Learn More