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4 Key LeoFinance Questions Answered on Quello

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Direct from the desk of Dane Williams.



When it comes to creating LEO branded content on external sites such as Quello, Medium, LeoPedia and the like, I think we often overlook the fact we have a ready made army of competent financial copywriters at our fingertips.

After requesting the community to ask LeoFinance branded questions on Quello, @barge answered the call and delivered some clean content to continue building our outward facing presence on a domain with good SEO.

LeoFinance Questions We Need Asked on Quello

  • What is LeoFinance?
  • How do I get a LeoFinance account?
  • What is the LeoFinance LEO token?
  • What is the LeoFinance LEO token price based on?
  • How do I earn LeoFinance LEO tokens?
  • How much is a LeoFinance upvote worth?
  • What is Staked LeoFinance LEO?
  • How can I get bigger LeoFinance LEO upvotes on my content?
  • Why are LeoFinance LEO tokens burned?
  • How do I transfer LeoFinance LEO tokens to Bitcoin?

LeoFinance Questions I've Answered on Quello

Here are the 4 LeoFinance branded questions from the above list I've answered today.

What is LeoFinance?

LeoFinance is an online community that has a focus on the topics of finance, investing and trading.

Whether you're interested in stocks, forex, crypto and anything in between, LeoFinance is the finance community for you.

Advantages of LeoFinance

As a decentralised online community, LeoFinance has a number of advantages over similar centralised platforms like Seeking Alpha.

Make Money: You can make money in the form of LEO tokens for posting, commenting and curating content within the LeoFinance community.

As you earn and stake LEO tokens, the more power you have over the platform’s reward pool distribution.

Censorship Resistant: As your LeoFinance content is stored on the decentralised Hive blockchain, nobody has the ability to censor or take down your content if they don’t agree.

While the community votes on which pieces of content are most prominently displayed on the leofinance.io front-end, content always remains on the blockchain.

How do I get a LeoFinance account?

As the LeoFinance community is built on top of the Hive blockchain, to get a LeoFinance account you need a Hive account.

With just the one Hive account, you not only then have a LeoFinance account, but also an account that gives you access to all Hive based applications and communities as well.

Think of Hive blockchain as the base layer which layer two apps such as LeoFinance are built on top of.

Steps to get a Hive account, allowing you to log into LeoFinance

  1. Click the sign-up button at the top of leofinance.io
  2. Create a username, verify you’re not a bot and save your private keys.

Once you have a LeoFinance account, you can use it to create, curate and earn LEO within the LeoFinance community.

How do I convert LeoFinance LEO tokens to Bitcoin or Fiat?

You can easily convert LeoFinance LEO tokens to Bitcoin via an exchange and then withdraw to your local fiat currency from there.

Steps to convert LeoFinance LEO tokens

  1. Log into the LeoDex using your Hive account.
  2. Convert your LEO to HIVE.
  3. Send your HIVE to an external exchange such as Bittrex.
  4. Convert your HIVE to Bitcoin and then withdraw as fiat.

Think of HIVE as the base currency when it comes to the Hive blockchain and every community built on top of it.

As LEO is a second-layer token built on top of the Hive blockchain, you must always initially trade via the LEO/HIVE trading pair.

HIVE is supported by a range of external exchanges, making the process of converting LeoFinance LEO tokens to Bitcoin and fiat, a simple one.

What are the options for acquiring LeoFinance LEO tokens?

There are a number of options for acquiring LeoFinance LEO tokens.

Earning LEO: You can earn LEO by creating content on LeoFinance in the form of blogs, videos or comments. > Once you have staked LEO in your account, you can also earn LEO by curating content through upvotes.

This is a great option for those looking to acquire LEO tokens without any up-front investment.

Buying LEO: You can also instantly buy LEO using HIVE, on the LeoDex.

By buying LEO off an exchange, you can build an initial stake used to curate yourself, or alternatively delegate your tokens to earn a passive income.

Mining LEO: Another option to passively earn LEO are Leo mining tokens.

There are 2 digital mining tokens available on the LeoDex that allow you to acquire LEO passively:

  1. LEOM (1x mining power).
  2. LEOMM (4x mining power).

Digital mining tokens work on a sort of lottery ticket system based on your mining power. There are 30 winning miner tickets per hour and 1 mining power gives you 1 chance of mining a LEO token.

Keep Asking LeoFinance Branded Questions on Quello

Let's keep the content coming! There's plenty of unasked questions on the list at the top of this page that I need you to put up before I can answer them.

I also see there are still a couple of more complex LeoFinance branded questions on Quello from @jogger and @whatageek which I'll get to, but don't hesitate to jump on and answer any of these yourself. The more answers and content we have from a diverse range of people, the better.

All you need to do for this to be effective is to answer from the quello.io front-end, clearly summarise your answer in the first sentence so Google can potentially pick it up as a snipped and provide a backlink to leofinance.io where appropriate.

Best of probabilities to you,

Dane.



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