Purchasing Leo + Setting A Leo Buy Order
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
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.
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).
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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(Screenshot Date: 09/14/2022)
Posted Using LeoFinance Beta
