Purchasing Leo + Setting A Leo Buy Order

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(Edited)

It has been awhile since I purchased some LEO so its now time to do just that. Going to the HIVE dex called LeoDex I can see setting a buy order will allow me to trade One Hive for Eight Leo (A nice ratio if you ask me). Trading HIVE for LEO can be done on just about if not all Hive Dex's such as Hive-Engine, TribalDex, Beeswap and the LeoFinance native dex we already mentioned; LeoDex. For this transaction I will be using LeoDex. First I will need to make sure I have HIVE in my LeoDex wallet (I Do). If I don't I will have to first deposit my HIVE on the exchange which will trade my HIVE for SWAP.HIVE which then can be used to trade for LEO tokens (or any other token listed on the DEX). Now that we got that first step out of the way lets take a look at the listed sell orders and buy orders for the Leo Token. Visit LeoDex: https://leodex.io/market/LEO

Leo Trade Orders

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Setting A Buy Order

Setting a buy order is an easy process. Once you are on the LEO trade market (https://leodex.io/market/LEO) simply input the HIVE price in which you want to pay for your LEO and then input the amount of LEO you wish to purchase. Once finished the total cost in HIVE will be displayed in the Total section. For this transactions I decided on setting a buy order for 100 LEO at the HIVE price of 0.12101.
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Purchasing Leo

There isn't much more to do other than wait and see if my Buy order for Leo fills. In the meantime I have decided to make a small direct purchase. Looking at my wallet I have 82 LEO sitting in it so lets get that to a nice round number of 100. To do that I will need to purchase 18 Leo so I'm going to do just that. Looks like the top sell order is listing Leo for the trade value of 0.126873 HIVE so its going to cost me roughly 2.28 HIVE for 18 LEO (which imo is a nice ratio).

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PowerUp::LeoPools::Hold

What to do with my newly acquired Leo tokens. Should I power them up giving my LEO upvote a little more zing in its punch? Should I add them to one of the LEO pools to help pool liquidity and earn some rewards while doing so? Should I simply just hold them? I haven't fully decided yet but all of the aforementioned options sound great to me. I haven't powered up in some time so that is the option I'm leaning towards.

What Is Leo?

The Leo token is the native token for the Hive Blockchains frontend known as LeoFinance. Posting and curating content from LeoFinance will allow one to earn the LEO token along side the Native Hive tokens (HIVE and HBD). To visit LeoFinance today click the following link: https://leofinance.io/@rentmoney

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New & Popular Posts On LeoFinance

(Screenshot Date: 09/14/2022)
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Posted Using LeoFinance Beta



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19 comments
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This is nice and awesome
!PIZZA
!MEME
!LOL

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wen Leo advertising distribution to the plebs thingy ? :P

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I'm not certain, I been MIA for a couple months and am out of the loop with most Hive related ongoings.

Posted Using LeoFinance Beta

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I know you've been MIA, I missed all your contests and stuff :)

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You staking LEO? hows the return? any date on ad revenue distribution?

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Yes, I stake or toss them in a pool. The Leofinance team is hard at work and I like to show support by using the LeoFinance frontend and purchasing/staking tokens from time to time. I'm not certain the date or even if there is one that is set in stone for ad revenue distribution.

Posted Using LeoFinance Beta

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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I would love to learn about the economic world of cryptocurrencies and everything related to them. The bad thing is, that's not my forte, my area of work. I don't understand much about these transactions but what is reflected there is a sharing, a teaching.
Thank you @rentmoney for sharing with us.


Me encantaría poder aprender ese mundo econóimico de las criptomonedas y todo lo relacionado con ellas. Lo malo es, que eso no es mi fuerte, mi área de trabajo. No entiendo mucho de esas transacciones pero lo que ahi se refleja es un compartir, una enseñanza.
Gracias @rentmoney por compartir con nosotros.

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Its allot to take in for sure. HIVE is a great place for learning about such things as the community is very friendly in that regard. Good luck with your cryptocurrency journey.

Posted Using LeoFinance Beta

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