How to Turn $LEO into $RUNE

How to Turn $LEO into $RUNE

By nealmcspadden | Neal's Corner | 10 Oct 2020


Originally Posted Using LeoFinance

So you may have heard that the first LEO bounties for providing liquidity in the wLEO pool was paid out the other day. It's awesome. I park money and get paid!

I have a lot of LEO though, and I wanted to diversify a little bit into one of my moon shots: $RUNE

Now there are a couple RUNE pairs on Uniswap, but I don't know enough to research whether they are legit or not. So yeah, I went to a centralized exchange in binance.

So the steps I go through in this video were:
LEO -> wLEO (paid gas)
wLEO -> ETH through Uniswap (paid gas)
ETH -> Binance ETH (paid gas)
Binance ETH -> Binance BTC (small trading fee)
Binance BTC -> Binance RUNE (small trading fee)

Overall I paid about 5 bucks in fees I think and it took about 15 minutes. Not too bad, but there's definitely room for improvement. I know @trumpman is pushing for a RUNE/LEO pair, which would simplify this quite a bit.

This same process can be used to turn $LEO (a layer-2 HIVE token) into just about any other crypto asset.

credit: @mariosfame

How do you rate this article?

13


nealmcspadden
nealmcspadden

Just an anarcho-capitalist living the good life.


Neal's Corner
Neal's Corner

My corner of the interwebs for all things crypto and markets related that aren't splinterlands.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.