Is a $WLEO listing on Binance coming soon?

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When Binance?

An interesting little exchange on Twitter occurred earlier today. @nathanmars put out a tweet basically requesting Binance list WLEO. The response he got from @khaleelkazi on the official LeoFinance account was interesting.

I have a feeling $WLEO will be there sooner than most expect
@khaleelkazi - 7 hours ago.

Does this mean that the listing is coming soon? Imminent? This year? I guess only Khal can answer those questions.

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Benefits when and if...

If a Binance listing does occur, it would have a massive impact on the market for LEO and WLEO.

  • More available - Binance is one of the biggest crypto exchanges, a listing would make it much easier for people to buy. Many people still prefer centralized exchanges, and Uniswap can be daunting for the uninitiated.

  • More exposure - A Binance listing carries some weight, and will of itself boost the profile of LeoFinance. Introducing the eco-system to new potential users in a familiar ERC20 format many are used to.

  • Arbitrage - Opening up a new market for WLEO creates an extra arbitrage opportunity. Depending on the trading pairs, price variations between Binance and Uniswap will be quickly balanced by arbitragers, with this having a positive impact on the trading fees generated by the Liquidity pool.

  • Improves the case for more CEX listings - a Binance listing would make it much a easier conversation to have with other exchanges, as one of the industry leaders has already recognised and listed the token, others will surely follow to keep up with the competition.

  • It would be easy - being an ERC20, listing WLEO would be a simple process for exchanges. I would assume some kind of "contract review" would be part of the process - but adding WLEO would be not much harder than flicking a switch I'm guessing.

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So, I guess we just have to wait for Khal - the tease - to let us know If Binance will be one of WLEO's first major exchange listings. Is his statement just outlining a goal, or is A Binance listing actually coming soon?

Thanks for reading - speculate away in the comments.

JK.

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51 comments
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Khal - the tease

Bingo.

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He has certainly leveled up his tease skills lately.🤣

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Yes he has.

Keeps dropping hint after hint but never the full truth.

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All will be revealed, when we need to know I guess.

I think he just secretly loves seeing us speculate and seeming a bit mysterious.

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I think he just secretly loves seeing us speculate and seeming a bit mysterious.

It is a bit of a game to him. He likes the cat and mouse of it all. We are the ones who are seeking the cheese that he hid.

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If you are going to pump a bunch of money into building up a community, you may as well have a bit of fun with it along the way.

I'd totally do the same in his place. He's probably sitting there having a good laugh at these comments.

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A binance listing will sure affect LEO in a positive way. Also, like you have rightly said, it exposes WLEO to more audience

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A bit nervous, don't want to see a pump and dump :)

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(Edited)

It would make things interesting. No denial yet, and he's retweeted it from the leofinance account.

Still, fun to speculate.

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A pump and dump for LEO wouldnt be the end of the world since there is so much taking place. Very little liquid supply and lots of activity along with development.

Unlike Hive which did not have a lot noticeably going for it, LEO does.

Even if there is a dump, it will be short lived in my opinion just like the drop in price after the hack.

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Worst case scenario, any pump and dump from a major exchange listing would be higher than where we are now.

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That would be some serious awesome news. Need to stake up before that. Just bought 255 LEO :)

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That will work out well for you in the long run I believe.

Adding LEO at this levels will end up paying off.

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Yes, I need to find the balance between LBI and powering up. First would be the LBI project, to get in at the discounted price (real FOMO) and then powering up to 25k within an year.

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Damn, I forgot to put "not financial advice" again. Now you're going to sue me if this is all B.S. 😉

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Nehh..I live in Europe and we don't have this culture to sue everyone for anything. It is still common sense that a cat will die if I put it in the microwave oven, even if it is not explicit written, like also with every investment, I take the decision and the following risk coming from it. :)

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I prefer to not believe it until I see it. I'm guessing that other 'medium' cexes like Bittrex or Kucoin will come first...

But well. Who I am to say anything... if it's nance, I'm embracing it very happily :)

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I would have thought a smaller cex to begin with, but Khal doesn't like settling for small, so you never know.

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(Edited)

If we can trade WLEO in Binance, It opens up new opportunities for LeoFinance users.
If it is true, it is very good news.
Thank you.

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It would be another pleasant surprise if wLEO was listed on Binance earlier this year. I confess that when it comes to the LEO team, anything can happen, but it would be really cool to see that in the near future.

It will be a great opening with wLEO at Binance so that other traditional Exchanges can also list it.

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That could be quite something, if it's actually true...

I expect that even if there were a massive pump-and-dump, LEO would quickly settle back into a price channel that would be considerably higher than the starting point. Considering what happened with SBD a few years back *(another very low supply token, at the time) the pump could be considerable... even though people are a little more cautious now than they were in 2017.

=^..^=

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Sheeeeet, stop getting me all excited with that title haha. Maybe there is something brewing that I am not aware of, but I think we're still a ways out from a listing like that. Hell, if it happened within the next yeaer I'd consider that a homerun!

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I do most of my trading on binance so it would nice to have my favourite project listed there.

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I look forward to it being on Binance. Perhaps it could get on Binance Launchpool?

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We are going to witness the obvious pumps with the exchange listings. What I am most interested in is the increased traffic to https://leofinance.io website. I remember @coingecko listing bringing in many users. These Google, DuckDuckGo, CoinMarketCap and YouTube are #2 #11 #13 #20 in terms of bringing in traffic to https://leofinance.io

I see tremendous value in bringing organic traffic. We are already in Top 1000 websites in Venezuela: https://leofinance.io/hive-167922/@vimukthi/leofinance-reach-top-1000-websites-in-venezuela-the-biggest-unsung-seo-contribution-to-the-website

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I honestly wished Nathan had that much influence!

Getting wrapped LEO on Binance would be great.

Even though they are a criminal organisation.

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I understand listing Leo is not possible or not as easy as listing wLeo? Is that correct?

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I am staking all my LEO and building up the wallet, thus still can wait a little bit more. Nevertheless I think that a listing on a bigger exchange rather than Hive-Engine will benefit us all, now what voluments we expect there is another dilemma.

At the moment I think Uniswap is the greatest tool/exchange we could use, maybe make it easier to exchange from the LEO Finance website itself. That would be really cool and we would see more transactions done this way, would love to grab some Ethereum from the comfort of my Wallet.

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Binance listing of wleo if it happens, would be the pioneer of hive sidechain project that exposes to big crypto exchange. The impact is not only for leo but also for all hive projects.

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If it does, and it's quite possible. Then the value of Leo or Wleo will leap in value, and so will the foundation itself. A future will be even more successful 👍🏿🚀

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Being listed on Binance would involve great attention, albeit momentary.

Think of Hive, the listing on Huobi and Binance produced an incredible pump but then collapsed.

It is definitely a top trading platform and WLEO has all the features to do great things

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