Bittrex has started trading VeriBlock at a price close to the IEO Cryptocurrency exchange Bittrex International, without a preliminary announcement, this morning, listed the VeriBlock project token, the initial exchange offering (IEO) of which took place on its platform on Tuesday.

VeriBlock trading on Bittrex starts at close to IEO price

Cryptocurrency exchange Bittrex International, without a preliminary announcement this morning, listed the VeriBlock project token, the initial exchange offering (IEO) of which took place on its platform on Tuesday.

After a jump at the start of trading, by the time of publication, the VBK rate dropped to 2802 Satoshi with an IEO price of 2450 Satoshi.



“VeriBlock is being drained hard. Is this the first sign of an IEO's decline? " - writes one of the users.

IEO VeriBlock turned out to be quite hype and completed in a few seconds, like similar campaigns on other platforms. Some investors, however, questioned the project's ability to generate quick profits for the public end of the campaign, given the token distribution structure that is more responsive to miners and OTC buyers..

VBK is currently the most traded cryptocurrency on the BTC market of the Bittrex International exchange and, having started trading about an hour ago, has a trading volume of 2,000 BTC.

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