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Initial DEX Offering
An Initial DEX Offering (IDO) is when a coin makes its first public debut on a decentralized exchange (DEX). IDOs have similarities with initial exchange offerings (IEOs), where crypto projects launch their token and raise funds via a centralized exchange, since both allow immediate trading on top of raising funds.
IDOs can offer a far cost-effective token sale and listing model. An IDO provides quick liquidity with little to no slippage through available liquidity pools in a DEX. Relatively, it has cheaper listing costs. And like IEOs, it allows instantaneous trading.
Source: CoinMarketCap​
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