SPS & DEC | The Top Traded assets of Hive are Now Live on LeoDex
Why this is huge, How to get started, embedded video tutorials, and resource links.
- Perhaps in one of the biggest news releases of the year, Inleo team held an X Spaces yesterday to discus this huge news the listing of DEC and SPS on Leodex!.
- LEODEX.io adds SPS and DEC token listings
WOW!
- First Leodex.io became the first decentralized exchange where Hive could be traded directly for Bitcoin, Ether and other Level one tokens
- Then swap.hive-leo became a 2 million dollar volume trading pair on Tribaldex..
- Today Leodex added SPS and DEC trading pairs to it's UI !
- This is huge news for the brand new decentralized exchange Leodex! Why?
- Because Splinterlands is a huge globally known and globally played Pay for Play game.
- Splinterlands has over one million accounts.
- Splinterlands players account for the majority of trading volume on Hive internal exchanges, as players trade their game earnings of DEC and SPS to Hive and then other assets like Bitcoin, Ether, USDT and others before cashing out to their countries currency.
- These trades are complicated and depend on Tribaldex, Hive-Engine and frequently Binance.
- Now that these tokens are listed on Leodex the players can trade directly out of SPS or DEC into Bitcoin or other assets in one step. Leofex does all the heavy lifting using smart contracts to reduce mistakes and quickly make the trades.
- This means huge trading volume now occurring outside Hive can be made here on Leodex.
What is Splinterlands?
- Splinterlands is a "Pay for Play" game with over one million accounts and counting
- This information on Splinterlands is from Investopedia:
Splinterlands is an online collectible card game using blockchain technology. Every card in the game is owned as a non-fungible token (NFT) and is traded using similar features to cryptocurrencies like Bitcoin and Ethereum. If you’ve ever played collectible trading card games like Magic: The Gathering or Pokemon, you’ll find a similar experience with Splinterlands, but through a web browser and blockchain wallet.
source
KEY TAKEAWAYS
Splinterlands is an online collectible card game using blockchain technology with cards that are owned as non-fungible tokens (NFTs).
Splinterlands is a “play-to-win” crypto game.
Players can win real money in the game through tournaments, ranked play, and quests.
Splinterlands cards are available to buy and sell through third-party online marketplaces.
source
- The game has two main tokens SPS and DEC.
- Both are traded for Hive on the Hive Blockchain internal exchange Tribaldex
- But now they can be traded directly for L1 Tokens like Bitcoin, Ether, Rune, Cacao, USDT, USDC, and others on a public decentralized exchange, called Leodex: ww.leodex.io
Learn more about SPS and DEC on Leodex.io
Leodex
- www.leodex.io
- a decentralized exchange, associated with Hive blockchain
- no KYC
- secure trades from your wallet
- expanding the avenues for trade on Hive a one million plus accounts social community on a blockchain Hive
- uses a link with cacaoswap to trade Hive, Dec and SPS for Bitcoin and other L1 tokens like Ether
- Sudden those traders in the SPS community will have direct access to Bitcoin
- I think the trading volume could potentially double in less then 30 days
Learn more about Leodex
# #khaleelkazi- The Opportunity looks massive for trading volume of the top assets on Hive to start trading through Leodex.io
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Learn How to buy SPS on Leodex.io
Video by Leodex Founder on How to Buy SPS Using L1 Crypto Assets on LeoDex
#"Hey everyone! I made a quick 6 minute tutorial showing you how to buy SPS using any L1 assets on the new https://leodex.io cross-chain, decentralized exchange interface."
source
"So this means that You can trade native L1 & L2 Hive assets with native assets listed on Maya Protocol (ETH, USDC, USDT, BTC, DASH, CACAO, RUNE and more!".
source
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New Wallets
- If you don't know, you will need one of two new wallets to trade with Leodex, but the Leodex team has made it very easy for you.
- This is a video which explains that they have built into Leodex a simple process for creating a KeyStore Wallet.
Video by Khal @khaleelkazi
Keystore: The Easiest Way to Manage Your Assets - Built Into LeoDex
Keystore: The Easiest Way to Manage Your Assets - A full custody wallet you can access directly on LeoDex
Our goal was to make LeoDex super easy to use, and setting up a Keystore is easier than setting up a Hive wallet.
In this clip:
Using a Keystore instead of your main wallets is a good security practice. LeoDex has a built-in Keystore.
The docs for LeoDex are now live and are aimed at people who don't know about Inleo or Hive.
LeoDex makes it super easy with a built-in Keystore.
There is a community tutorials section there to explain the use of LeoDex, starting with setting up a Keystore. Using a Keystore instead of your main wallets is a good security practice that allows you to keep your assets safe and expose your wallet as little as possible.
InLeo / Leodex Community Resources a lot of tutorials
Tutorials created and curated by the INLEO Community
- Many of these done by Nifty @l337m45732
- Thank you very much Nifty
A List of Tutorials created and curated by the INLEO Community
- How to Create a Keystore
Create a Keystore Wallet
How to use LeoDEX | Part 1 - Create a Wallet Create a Keystore Wallet
How to Use LEO's Arbitrum Gas Faucet: Arbitrum uses Arbetrum ETH for transactions
How to use LeoDEX | Part 2 - Arbitrum Gas Faucet (@l337m45732)vsc link
How to use LeoDEX | Part 3 - How to Swap @l337m45732
How to use LeoDEX | Part 4 - How to add Liquidity to Maya pools
#l337m45732How to Swap HIVE on LeoDex
#l337m45732How to use LeoDEX | Part 5 - Swap HIVE for L1 Assets (BTC, DASH, ETH, KUJI, & more)!
#l337m45732Can you feel the excitement?
- This is one of the most exciting developments on Inleo and on Hive for a longtime
- I am so excited I want to yell from the rooftops that this is HUGE NEWS
@shortsegments
About me.
I am a writer who has focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for over six years. But I also like to write about life, my garden, my island home and other stuff.
Inleo.io
- Inleo.io is a social media platform on the Hive blockchain, where you own your account, you own your content and you earn a cryptocurrency token when your readers like and upvote your content.
- It also is a place where you can read long form posts, listen to video blogs and read short Tweet like comments called Threads, as well as write Threads.Inleo.io is a place for content creators and people who enjoy consuming content.
- You can get started here without buying anything and earn cryptocurrency for free by engaging socially with any of the content here, by leaving comments. Yes, you can start for free and earn for scrolling and leaving comments. This is the revolution of wbe 3. Your comments may be upvoted by the authors and others who read your comments. So engage with purpose, passion and with the possibility of getting paid. :)
- Additionally, there are other applications on the Hive Blockchain, including other social media platforms like Hive.blog, Peakd, Eccency, 3Speak, and others.
- There are also Pay for Play games like Splinterlands and Pay for Move exercise or activity applications like Actifit.
There's a lot going on here, so please join for free and look around.
Join for free at this Link
Learn more about Hive at this Link
Bookmark this page, then Join for free at this Link
After you join for free come back here and follow these links to look around.
- Pay for Play Video game Splinterlands
- Pay for Movement Exercise Phone Application Actifit
- Social Media Peakd
- Social Media Eccency
- Social Media Hive-Blog
- Video Blogs 3Speak TV3Speak
Last words to developers, creators and entrepeneurs about the Hive Blockchain
- The Hive blockchain has zero transaction fees, 3 second transaction time, and proof of stake consensus.
- Hive also has a Community DAO with a 25 million dollar DAO treasury paying developers and builders to build applications for the community.
- Maybe your project should be here.
Learn more about Hive at this Link
Join for free at this Link
Posted Using InLeo Alpha
Posted Using InLeo Alpha
Thank you for curating my post. I appreciate it.
Damn Dude
This is a 1200 word post packed with information, which refers to a superstars post, then delivers a ton of extra information.
Amazing effort, and interesting change in style.
Thank you for stopping by and leaving feedback.
I want so bad to be part of these projects and please take this comment as constructive criticism. This is the most complicated, confusing and time wasting project I have ever tried to research. I have tried 3 or 4 times to become a supporting, valuable member of the LEO community.
Hours and hours of confusing video's across multiple platforms
multiple coins across multiple chains
protocols stacked on top of protocols stacked on top of protocols
I am honestly trying my best its so frustrating
Hello @arcadeph
I can certainly understand how the complexity of cryptocurrency, Hive, and HIve Engine can be frustrating to anyone who first starts learning about the community.
This is cryptocurrency, and it is complicated.
We are early, so our effort to understand this before it becomes covered by user interfaces which simplify it will financially reward us.
I would strongly suggest you examine this like you peel an onion.
Start with the top layer, learn and understand that first, then proceed to the other layers at your own pace.
If you see an article about something complex, bookmark it for later exploration.
The first layer of Hive and Leo are the social media layer.
You read posts / articles, upvote those you like, comment on those you have an interest in and /or have questions about.
Do this repeatedly to generate / earn income from your upvotes and the upvote of comments you make, which may be upvoted by the author or other readers who like your comment.
Learn how to navigate to your wallet.
Study the savings account and the staking function of the wallet with a 20% APR.
Learn how to navigate to the internal markets Hive-Engine and Tribaldex to trade your tokens for Hive or HBD.
There swap Leo, SPS or other tokens for HIve if you wish and stake your HIve or Leo.
Questions?
I will post a article link to explain this further.
https://twitter.com/lee19389/status/1789605970005401695
#hive #posh
Thank you
Thanks