How to buy IDO

An IDO is a crypto token offering run on a Decentralized Exchange (DEX) . Liquidity pools (LP) play an essential role in IDO’s by creating liquidity post-sale. A typical IDO lets users lock funds in exchange for new tokens during the token generation event.

Participating in the IDO

IDO, or Initial DEX Offering, is a crypto coin (or token) offering that happens on a decentralized exchange (DEX) . Unlike an ICO, however, where tokens are sold before an exchange listing, in an IDO, tokens are immediately listed on the DEX through which they’re launched.20 Oca 2022

With an IEO, it was the exchange vetting the project and conducting the token sale. With an IDO – it’s a third-party platform that’s vetting the exchange while the token sale itself happens in a somewhat decentralized fashion.13 Oca 2022