common-close-0
BYDFi
Trade wherever you are!

Is there a minimum quantity requirement for participating in an initial coin offering (ICO)?

avatarMohamed GaldeDec 18, 2021 · 3 years ago3 answers

I'm interested in participating in an initial coin offering (ICO), but I'm not sure if there is a minimum quantity requirement. Can anyone tell me if there is a minimum amount of cryptocurrency I need to have in order to participate in an ICO?

Is there a minimum quantity requirement for participating in an initial coin offering (ICO)?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, some ICOs do have a minimum quantity requirement. It varies from ICO to ICO, so it's important to do your research before participating. Make sure to check the ICO's website or whitepaper for information on the minimum amount of cryptocurrency required.
  • avatarDec 18, 2021 · 3 years ago
    No, not all ICOs have a minimum quantity requirement. Some ICOs are open to anyone, regardless of the amount of cryptocurrency they hold. However, it's still a good idea to check the ICO's website or whitepaper for any specific requirements or restrictions.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can confirm that some ICOs do have a minimum quantity requirement. However, it's not a universal rule and there are plenty of ICOs that don't require a minimum amount of cryptocurrency. It's always best to check the specific ICO's requirements before participating.