What is an IDO in crypto?

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.

An initial DEX offering, or IDO, is a new and exciting type of decentralized and permissionless crowdfunding platform , which is opening up a new way of fundraising in the crypto space. If a project is launching an IDO, it means the project is launching a coin or token via a decentralized liquidity exchange.

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.

Participating in the IDO