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LeoGlossary: Initial Exchange Offering (IEO)

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@leoglossary
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An evolutionary advance of the Initial Coin Offering (ICO).

Instead of the team conducting the sale of the token, an exchange handles it. This is used as a way to get listed on the exchange easier since they are bringing business to it.

Cryptocurrency offered in this way are viewed as more secure since the exchange is involved, giving the ability to be traded.

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