From Kucoin Spotlight to OK Jumpstart: Initial Exchange Offerings Analyzed – Bitcoin News
- From Huobi to Okex and Bitmax to Bittrex, the number of crypto exchanges hosting token sales has proliferated.
- have been a hot topic this year, with the success of Binance Launchpad causing FOMO among traders, elevating the price of BNB to new highs, and spurring other exchanges into devising their own token sale platforms.
- Binance Launchpad now faces competition from Bittrex IEO, Bitmax Launchpad, Huobi Prime, Kucoin Spotlight, Bgogo Apollo, OK Jumpstart, Probit Launchpad, and Exmarkets Launchpad.
- The integrated exchange and token launch system popularized by Binance offers clear benefits to stakeholders including the following:
Exchanges: Increased trading volume, receive a percentage of tokens issued, and demand for their own native token grows.
- Participation: First come, first served – provided 60+ scored on examination
Read full article: news.bitcoin.com