| Current Rating | 20 |
|---|---|
| Symbol | LEO |
| Logo |  |
| Price change, 1h | -0.26% |
| Price change, 24h | 0.13% |
| Price change, 7d | -1.69% |
| LEO current price | $3.98 |
| LEO Market cap | $3 691 450 299 |
| Available supply | 928 363 436 LEO |
| Volume, 24h | $460 748 |
Most recently, the Bitfinex crypto exchange has released its own digital token - Unus Sed Leo (LEO). In just a month, the cryptocurrency managed to grow by almost 80% and break into the TOP-20 CoinMarketCap cryptocurrencies. LEO is a utility token that can be used on all iFinex platforms, including Bitfinex and Ethfinex. The token got its name from the iFinex motto "Unus Sed Leo".
UNUS SED LEO (LEO) is a cryptocurrency token and operates on the Ethereum platform. A utility token designed to empower the Bitfinex community and provide utility for those seeking to maximize the output and capabilities of the Bitfinex trading platform.
Like Binance Coin (BNB), LEO gives its holders discounts on the crypto exchange commissions. iFinex also burns tokens on set dates. Similar to BNB at Binance cryptoexchange, Unus Sed Leo acts as an internal coin of the exchange, the use of which provides a number of advantages, such as a reduction in commission fees.
UNUS SED LEO (LEO) was designed to extend the capabilities of all platform users and services to iFinex, the parent company of Bitfinex. Such a decision should help to cope with the crisis that arose after the accusations against the trading platform about the illegal use of Tether cryptocurrency cash.
With UNUS SED LEO, Bitfinex plans to fill its own budget. As a result of the initial exchange, $ 1 billion was collected.
IFinex has a budget deficit of $ 850 million. Therefore, every month coins are redeemed in the amount of 27% of the profits in order to close the resulting hole in the budget. On May 20, 2019, the UNUS SED LEO token was added to Bitfinex, and then to other trading platforms.
As we mentioned earlier, iFinex will buy LEO tokens monthly equivalent to at least 27% of the company’s profit for the previous month. This is an indefinite process, while tokens will be in circulation. Redemption occurs at the current market price.
LEO tokens, which are used to pay commissions, can also be burned. The only platform that cannot destroy coins is Ethfinex, since it launched its own token called NEC in 2017 for the same purposes.
* Forex Rating accepts no liability for any errors in the Unus Sed Leo Price or LEO Information. For the most recent information please visit the Unus Sed Leo official site.
| # | Cryptocurrency | 7 days | |
| 1 |  |
Bitcoin | 2.79% |
|---|---|---|---|
| 2 |  |
Ethereum | 1.24% |
| 3 |  |
Tether USDt | -0.01% |
| 4 |  |
BNB | -2.48% |
| 5 |  |
XRP | -0.82% |
| 6 |  |
Solana | 7.26% |
| 7 |  |
USDC | 0% |
| 8 |  |
Cardano | 0.1% |
| 9 |  |
Dogecoin | 7.43% |
| 10 |  |
Lido stETH | -3.32% |
| 11 |  |
Wrapped TRON | -0.68% |
| 12 |  |
TRON | -2.08% |
| 13 |  |
Chainlink | 6.26% |
| 14 |  |
Toncoin | 1.68% |
| 15 |  |
Avalanche | 5.65% |
| 16 |  |
Polygon | 4.74% |
| 17 |  |
Polkadot | 4.75% |
| 18 |  |
Wrapped Bitcoin | 2.79% |
| 19 |  |
Dai | 0.03% |
| 20 |  |
Litecoin | 1.1% |
| # | Broker | Cryptos | |
| 1 |  |
HFM | |
|---|---|---|---|
| 2 |  |
Octa | |
| 3 |  |
FXCC | |
| 4 |  |
FxPro | |
| 5 |  |
Vantage | |
| 6 |  |
MultiBank Group | |
| 7 |  |
Efixxen | |
| 8 |  |
Exness | |
| 9 |  |
Just2Trade | |
| 10 |  |
Dukascopy | |
| 11 |  |
easyMarkets | |
| 12 |  |
eToro | |
| 13 |  |
Forex4you | |
| 14 |  |
FOREX.com | |
| 15 |  |
Kiexo |
The crypto market has added 1.5% in the last 24 hours, bringing the capitalisation back to the 1.44 trillion level, which has been acting as resistance for the last three weeks...
1 Dec 2023
The crypto market cap fell 0.5% in 24 hours to $1.42 trillion, showing another pullback as part of a broader uptrend that started in mid-October but has slowed in the last couple of weeks...
30 Nov 2023
The crypto market added 2.4% in 24 hours to $1.43 trillion and went back to test highs since May 2022. Bitcoin added 3% during this time, Ethereum 2.75%, and Solana was the top performer among the major coins, adding 8.4%...
29 Nov 2023
The crypto market has lost 1.5% in the last 24 hours to capitalisation of $1.42 trillion. Traditional markets have also seen a slight pullback from the last week’s peak...
28 Nov 2023
Crypto market capitalisation was near $1.42 trillion on Monday morning, roughly where we saw it a week earlier. Failure to build on the growth at the end of last week caused moderate pressure...
27 Nov 2023
The crypto market continues to move higher, adding another 0.8% overnight to $1.44 trillion as Greed stays as a major driver right now, according to a popular sentiment indicator...
24 Nov 2023
© 2006-2023 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.
