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How To Arbitrage and Accumulate More Leo Tokens? by badbitch

View this thread on: hive.blogpeakd.comecency.com
· @badbitch · (edited)
$37.53
How To Arbitrage and Accumulate More Leo Tokens?


<div class="text-justify">

https://images.hive.blog/DQmTZGdQz9ZzuFmD1347QaE4nj9bEr56sVgWGq2ASm8LrmS/111ertdf.png
[source](https://images.hive.blog/DQmTZGdQz9ZzuFmD1347QaE4nj9bEr56sVgWGq2ASm8LrmS/111ertdf.png) 

I don't know how many people may have been looking for ways to accumulate more Leo Tokens, but I know I have, and with every discovery of new ways to go about healthy accumulation, I am one step closer to having a whole bunch of routes. You may want to look through this [post](https://peakd.com/hive-167922/@badbitch/understanding-how-to-arbitrage-on-hive-dive-in) for other ways to arbitrage on hive, the value you're able to trap from there, could further be spread into trading the price difference of Leo for more tokens.

The cryptocurrency markets are independent, no one controls what happens exactly, because people individually make their choices on what and how to trade, which could however be influenced by one thing or the other, but at the end of the day, it's an individual choice to either buy or sell. 

I believe one begins to get the best of crypto when he or she focuses his or her attention on token volumes, rather than the value of the peg. This helps one to accumulate untold wealth, because ignoring that helps you seek to have more, that's why it's said to find a project you love and stick to it, buy it all up to the greatest. So if LEOFINANCE is one of those projects on your list, and perhaps you would go the extra mile to accumulate more tokens, here's a simple way to do it. **You don't even have to worry about liquidity, Leo isn't like hive, there's enough liquidity, wink...**


![2bP4pJr4wVimqCWjYimXJe2cnCgnG84z6KKgw1D19st.png](https://files.peakd.com/file/peakd-hive/badbitch/23tvVXpGB5MxQeUJGpfzvcaTbVtRg7jZhjH1LedV5uNnPuipLksWCHJsB9X36KbP5nTAg.png)


The method we'd be using to arbitrage Leo feels triangle because it involves 3 different tokens, hive, bnb and Leo, but it also involves more through multiple channels, that's exchanges, so it's then a mix of triangle since Leo is paired to many other tokens and arbitrage between exchanges because Leo has traveled across chains. Now the  polycub rollout is starting to feel like the greatest channel there's going to be for arbitrage, dues to cheaper fees…

So basically, triangle arbitrage deals with the trading of price differences of three different paired tokens and arbitrage through exchanges is buying here and flying it over there to make your gains, this is how you can make use of Leo's developments to grow your bag.

I'll always say that trading can be a full time job, getting an extra 1 Leo for me is a big win, so I wonder who wouldn't want that… This was discovered a few days ago, so why not we stop talking and start working?

So, the first thing you want to do is head over to compare the prices of each tokens. Trading becomes tough when there's too much stability, that's why I'll always prefer the market dumps at least if it doesn't want to pump, I'm not a fan of a weird stagnant price, if you're not  a stablecoin make some moves bitch. As such, one is looking out for days with more price actions, that's where the magic happens.

<sup>Remember; If you have to create an order or position and wait, then that's not arbitrage, arbitrage is instant trade</sup>


![IMG_20220127_052019.jpg](https://files.peakd.com/file/peakd-hive/badbitch/23tHEZZzMVHRxUnR9ZDdd89qBwyPDn4GB5NVA8N8rNRZbhtztmhYHyV1RAAEMUK8yiaUo.jpg)

![IMG_20220127_052031.jpg](https://files.peakd.com/file/peakd-hive/badbitch/23t7quFh4fhdL1GPQvuJqYRe1gPFBgmr8zKchAwi9qXKLfd6Zc7GsnjVJJ6PgBVrKiCsh.jpg)



The Very first thing to do is check the price of Leo on [leodex.io](https://leodex.io/market/LEO)  or via [hive engine](https://hive-engine.com/?p=market&t=LEO) or  [tribaldex.com](https://tribaldex.com/dieselpools/)  whichever is preferred. Compare that range with that of Leo on [pancakeswap](https://pancakeswap.finance/swap)

Now, looking at the screenshots above, we're trying to carry out a trade with $51.02904, you can use whatever amount depending on the size of your pocket but don't go lower, $50 is recommended, and don't try using too much because we'd be dealing with DEXs so too much volume means you'll create a huge price pressure and that can lead to loses, so keep it within a range not having more than 5% price impact…

Now, after figuring the number of hive and bnb that equals  $51.02904, that's 60 for hive and 0.14 for bnb. With this, you're making sure you will be spending the same value across exchanges. Now, what you want to do is go to   [tribaldex.com](https://tribaldex.com/dieselpools/) 


![IMG_20220127_052048.jpg](https://files.peakd.com/file/peakd-hive/badbitch/23swe5ngEvrVZS3jBb49nwMjsCtpCNWVt9AMKw9b36U7USmGWwWuofVg5v5wLYFCk86kY.jpg)


Input 60 hive and see what number of Leo you'll get, that's 302.396 as seen above. Now, you're not executing a swap just yet, so you'll be heading to [pancakeswap](https://pancakeswap.finance/swap) right after and here's what you'll do


![IMG_20220127_051846.jpg](https://files.peakd.com/file/peakd-hive/badbitch/23wzbJXWxY9SZP79qaZvbeFNWBdtEZUcPsDv4tjRkcFCTdqZgX8hio8q5pZqCpxgmZgiJ.jpg)



You'll input that amount of bnb that equals the same value of 60 hive, which is 0.14( both worth $51.02904). Now if you take note, you'll be getting 305.729, and according to my calculations, you just earned 3.333 more Leo as profit for buying with bnb via pancakeswap. Now, in order to make sure your profits are actually worth it, you have to pay attention to fees that you incur on swaps, considering that Leo is low priced, you have to make sure you're not losing money to fees more than you're gaining on the extra Leos. If you ain't losing from your calculations, then you're golden because you just made extra Leos and spent less.

This method can be repeated over and over again, provided you're sure you're not paying more on fees, because you can easily head to (https://wleo.io/bsc) and unwrap your Leo by transferring back to hive engine, trade it on tribaldex and do it all over again.

In order to keep watch, I advise excluding the profits from the second trade. So apparently, you're buying bnb, then using bnb to buy Leo from pancakeswap, then sending those Leos to hive engine, trading for a profit, transferring the hive back to binance and doing it all over again. I recommend safepal, it has an in-built binance app where you can exchange hive to usdt , then usdt to bnb without having to verify any nonsense, then you can transfer that bnb to the main wallet where you can utilize it on pancakeswap via the wallet. I've done this myself, if you check my wallet activities you'll see I made over 40 Leos on the testing day, and will be doing it more often on days with major price movements...

You may have to manually add bleo to your wallet by adding custom token, you can find bleo contract address [here](https://docs.cubdefi.com/tokenomics/bep20-leo-bleo) , the number of decimal is 3 and the symbol is bleo. 

Happy trading, watch out for major price differences, that's where the profits come from…

</div>


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vote details (280)
@aurzeq ·
I didn't understand everything (so I think I will read the post some more times to be sure), but this seems like a really good strategy. 
It is incredible how the more you know about something, the higher your chances of gaining something are. Most people go head down on things only because they think they can make easy money in a fast way. But this is not how it works, to have gained you should put effort and the best way is to know in detail the things you are dealing with. Exactly like you did, looking at the price differences, checking the fees, and finding a smart way to gain. I really like this kind of approach and I thank you sincerely for sharing it since I understand the kind of effort that there is behind it. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@aurzeq/re-badbitch-42n2uc)
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@badbitch ·
You're welcome, more ways are out there, just need to **pay more attention**
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@bitcoinflood ·
Some sweet smooth profits. Volatility like we are seeing paints a perfect scenario for picking up awesome stacks like you're doing here.

The introduction of Polycub and I think the leo team is introducing THOR is going to make for even more interesting opportunities for this. Keeping the fees in check is the biggest challenge but doable.

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@badbitch · (edited)
The more bridges made, the more opportunities created!

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@magnacarta ·
Most people are scared of volatility because they are afraid of losses.  They don't understand that volatility can offer opportunities for gains if we handle things methodically and understand what is happening.  The simplest case is to wait for a crash and buy at a fire sale.  In this case, it's doing arbitrage to take advantage of price differences across exchanges or assets or both.  Once we know what we're doing, then volatility is our friend.
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@fabian98 ·
This is pure gold.

How many times did you do this?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@fabian98/re-badbitch-6dgnqc)
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@badbitch ·
If I can recall clearly, three times, but expect to have more room to do a couple more times if there's a sharp uptrend or downtrend, how instant it is can cause wide price difference, which is good for arbitrage...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@badbitch/re-fabian98-5smplg)
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@fabian98 ·
Okay, i'll try it.
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@gangstalking ·
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
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@jin-out ·
Wow, this is like the art of haggling and price shopping that the ancients did about 100s of years ago, but refined and refined in the digital world.

Reading your guide made me understand a lot, but all this price shopping/comparing would really do my head in i think...dang.

Hoping this message finds you well!
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@badbitch ·
Yeah, the trick here is that we're trading price differences for more tokens, somehow, you end up paying **nothing** but earn tokens(money) that's if you play your cards right!
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@jin-out ·
shit i have lots to learn....i don't know if i can make it...dang
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vote details (1)
@l337m45732 ·
$0.02
Arbitrage trading is a fantastic way to stack up some extra crypto! Thanks for the detailed guide. Will be putting this to the test later today!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@l337m45732/re-badbitch-6l5li8)
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vote details (3)
@badbitch ·
You're welcome
πŸ‘  
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vote details (1)
@mistakili ·
Hey’ such an interesting tactics. Do I want to get into it? πŸ€”do I do I do I do I do I do I do I ? Hmmn I’ll think about it. Thanks for sharing anyways 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-badbitch-3bgpuq)
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vote details (2)
@badbitch ·
$0.17
Arbitrage is an interesting way of spending less but getting more, and there are lots of ways out there, I'm just waiting for thorchain bridge...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@badbitch/re-mistakili-6tf367)
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vote details (3)
@nonsowrites ·
Nice piece. Heard about arbitrage some time ago. It is funny how one knows these things but never does them (Speaking from myself). Well, maybe since you brought it up again I might explore it since I am trying to build my leo stake.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nonsowrites/re-badbitch-6zrsxs)
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@onealfa.leo ·
![BOOM1.jpg](https://images.hive.blog/DQmNgEJdWJwnTiWBbqq4BaoUPiC7b1ZSLQfXDeW7ssJphHt/BOOM1.jpg)

![toruk_washere_new3leo.jpg](https://images.hive.blog/DQmXa1mqNP2idcwduZgUuQgm3YfmdojcHRfJDmYYnGX3Syw/toruk_washere_new3leo.jpg)

Read [how this all have started](https://leofinance.io/@onealfa/toruk-was-here) with Toruk

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@onealfa.leo/re-badbitch-5hhnua)
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vote details (2)
@badbitch ·
Thanks a bunch

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@badbitch/re-onealfa-leo-2yr6np)
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vote details (1)
@pouchon ·
Everybody supposes to work
It is interesting to find the exact point and boom
Leo.
Will try.

!BBER

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@pouchon/re-badbitch-79qy99)
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vote details (1)
@shortsegments ·
$0.02
Pretty sweet post.
I will try this out.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-badbitch-2xqeb2)
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vote details (4)
@tomlee ·
Arbitrage trading is one great way to take advantage of price difference in exchanges and in turn make more profits. 

Helpful guidesπŸ‘

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/re-badbitch-6avuzu)
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@vlemon ·
RE: How To Arbitrage and Accumulate More Leo Tokens?
 Nice tips ! Great that many users do this so our pricing remain consistent across platforms . The world needs arbitragers 

Posted using [LeoFinance Mobile](https://leofinance.io)
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@badbitch ·
$0.04
More are coming, as soon as I find them, lol
πŸ‘  ,
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vote details (2)
@williamtboy ·
Once you participate on what is happening in Hive today, you get Leo token as many as you can. Always on leo finance steady can multiply your leo

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-badbitch-cfrp8)
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@badbitch ·
Once :(
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@williamtboy ·
Hmm

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-badbitch-3mqp9g)
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