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RE: Leo Talk 2/18/2021 -Come Join Our Chat

in LeoFinance3 years ago

Maybe this is the right place to ask this: how do I purchase LEO coins? Do I have to use Hive? Can I do it from metamask with ETH? What engine do I use? I'm kind of confused with all the different wallets and tokens on different apps. I can find a wallet on peakd, leo, hive, etc... Are they all the same? Or, if someone could point me to a post or FAQ that would answer those questions, I'd appreciate it! Thank you!

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They are purchased through Hive-engine.
Learn more at leopedia.io

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Got it! Thank you!!!

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For the wallets I understand it could be confusing haha.
I usually find it easier to go to Leodex wallet, there you can see all the second layer tokens you have and stake/delegate/transfer it. All in one wallet.

Regarding buying LEO it will all depends on how much you want to invest.
If you are planning to be a whale and invest thousands of dollars then you might use Uniswap to buy your LEOs.
Assuming it's a huge amount of money you invest and ETH transaction fees are a drop in your investment.
Otherwise if you want to put a bit of money then go to Leodex (again) and buy it there with your Hive.
I suggest Leodex because the deposit/withdrawal fees are 0.25% instead of 1% on Hive-engine.

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How do I even get Hive in here? I have a little on an exchange that I bought years ago when it was Steem. I don't even see anywhere I can find an address to transfer it into. All of my Hive in here is in HP, which is where it was on Steemit. I'd rather leave that where it is but I'd like to get some regular Hive to use to get a little of the Leo and possibly others. Plus, I'm a little nervous about trying to swap into Leo on uniswap. I tried looking up the Leo address on etherscan and kept getting a different Leo....

Let's forget about Uniswap for the moment and start from the beginning, getting liquid HIVE.
It's way easier to buy HIVE as it's listed on some big exchange platforms.
For example I buy mine on Binance and I transfer it with very minimal fees to my Hive wallet.
From there I deposit it to Leodex and buy LEO.
Which exchange(s) are you using to buy your crypto usually ?

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Yes, I know where to buy it. Bittrex has it available. But, where do I find my address on Hive? I can't figure out where I find my address to transfer into Hive. Do I have to open an account with Blocktrades or something?

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This totally threw me off the first time too ! I even deposited through blocktrades the first time.
You don’t have to do that, it’s much easier lol.
Your hive address is dagger212
Yes your hive name is your wallet address...
Give a try and send 1 hive and you’ll see :)

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Seriously?! It's that simple? Ha! I would have never figured that out in a million years.... lol

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Lol

It took me awhile to get to know how to make deposits and use the hive engine too..

It's always like that for first timer

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I know ! That should be the first line of the newcomer's book :D

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Lol that's the beauty of this blockchain .

Your username is your identity , your wallet address , your everything .

Pro tip : Have 3 copies of your private keys in different computers / smartphone etc.

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I personally buy my Hive on Binance . It is easy to use .

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If you choose to buy LEO, you can do it at LeoDex, there is still no option to join LeoDex through MetaMask, but if you have the Hive Keychain you can go easy.

By LeoDex the rates are the cheapest on the Hive blockchain, only 0.25% to deposit HIVE or withdraw.

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wow, this is pretty cool. I'm used to Hive engine and never given leodex a try. I'll gladly do this time. Thank you @coyotelation.

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LeoDex is what I have been using after I also found out about it, am sure you'll love it 🦁👌

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wow, that's awesome to see. Thank you @marvinix

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You're always welcome

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It will be an incredible experience for you. I'm sure you will like it :)

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bought some leo 2 days ago

For me, LeoDex seems easier but if you have ETH, then you have to do it via the Uniswap exchange.

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You can go into the Liquidity pool on Ethereum and purchase wLEO there which then can be pulled into your Leo wallet by swapping it to Leo.

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