RATE Group | How to Participate in an ICO With Ethereum
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How to Participate in an ICO With Ethereum

06 Aug How to Participate in an ICO With Ethereum

Posted at 11:32h in Ethereum News by

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As the cryptocurrency craze continues, we take a look at how individuals can get involved in Initial Coin Offerings (ICOs) and what to look out for when choosing a project.

Before You Start…

The first thing you must do when looking to invest in an ICO with Ethereum is to ensure that you are not being scammed. There are a few pointers to look out for to make sure the project behind the ICO is actually trustworthy and working on a real product.

Time to buy the dip?

Fake ICOs have gotten harder to spot in recent years, but if you know what to look for, you’ll keep your hard-earned Ethereum safe. First of all, it can be helpful to choose an established company with a good reputation, which will already greatly reduce the risk of falling victim to a scam. Be sure to find out who the founders of the project are. Are they on social media? Do they have an established online presence? Be wary if you find it difficult to find information about their past or if they cannot be contacted…

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