How to covert tokens to crypto?

in #litecoin7 years ago (edited)

So, I've been reading up on the ICO fad and while I see all the excitement abt jumping into funding ideas of business models found in white papers - how do they jump back out? (Eg from token token to Ether/BTC/LTC)

Are they just reliant on the market ie others willing to pay for the tokens or are there exchanges who will be intermediaries?

Considering the rate at which these new tokens are flying out I couldn't imagine any crypto exchange being able to move fast enough to trade them - or am I just underestimating their business models?

Sort:  

Congratulations @haso! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Reply

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.030
BTC 62832.46
ETH 3374.71
USDT 1.00
SBD 2.48