Bittrex and VodiX partner for IEO
By Jamie Green – Crypto Specialist
Bittrex International and Vodi X recently announced the Bittrex International digital asset trading platform would be hosting the next Initial Exchange Offering (IEO) of Vodi X tokens in which users can trade Bitcoin and buy crypto during the period.
The funds generated from this event can help the Vodi X team better their micro-tasking buildout, dApp ecosystem, smart contract technology as well as the overall operational development to create millions of jobs around the world. This will be made around their existing infrastructure that consists of over five million existing Vodi users in 200 nations all over the world.
Those who are authorised will be able to buy Bitcoin (BTC) or use it to buy VDX tokens directly on Bittrex International. Vodi X had completed an elaborate evaluation process in preparation for the IEO that consisted of comprehensive compliance, technical and regulatory reviews. Projects looking to trade crypto for their token via an IEO will have to pass the process.
Bill Shihara of Bittrex International said:
“We are excited to partner with Vodi X on their IEO on Bittrex International”. Shihara also went on to explain that funds generated will assist the project in developing its smart contract technology and operations to be able to provide unique use cases.
ICO funding has decreased significantly since its height and many projects have failed to attract enough investment due to scepticism created through fake ICOs. IEOs are a way for projects to gain the trust of the user as they’ve passed the elaborate evaluation process of the exchange. Many users buying Bitcoin may be more willing to invest in an IEO as the exchange is closely monitoring the project.
Don’t forget you can buy Bitcoin UK from your trusted Bitcoin broker ready to participate in an IEO!