How much is the ICO fee?

It’s £40 or £60 for most organisations, including charities and small and medium-sized businesses . The fee can be up to £2,900 for businesses who employ many people and have a high annual turnover. Calculate how much you need to pay before you register. If you do not pay the required fee you may be fined by the ICO.

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What is an IEO in cryptocurrency?

An initial exchange offering (IEO) is a way for start-up companies to raise capital by selling utility tokens which confer preferred status with the company through a cryptocurrency exchange platform . In short, crypto exchanges help to oversee the token sale by making sure the project vetting process is scrutinized.

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How do I get IEO coins?

Usually, you will need to complete the KYC and AML verification processes . Once you complete them, it’s time to check the cryptocurrencies you can use to contribute to the IEO. You can then top up your account with the coin which is accepted in the crowd sale and wait until the IEO begins to start buying your tokens.

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