Post
Topic
Board Announcements (Altcoins)
Re: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation
by
LEOcoin Foundation
on 03/04/2016, 09:01:29 UTC
They do however trade on the internal exchange.

I don't understand WHY people buy Leocoins at the internal exchange when they can get LeoCoins ten times cheaper on the external exchange  ?

How does that make any sense ?

@Peter78

partially your question has been addressed in other replies. The most obvious reason for people to buy LEOcoins at the internal exchange is because they wish to do so.

Those who have access to other exchanges, probably will purchase there where they can get LEOcoin cheap. I also wish to point out that there is also trading being done outside of the internal and external exchanges; direct deals and transactions between two parties, e.g. between merchant and customer or between investor and cryptominer.