HOME> News> Bitfinex Launches Trading of Unique Token “LEO” Raised $ 1 Billion at IEO on 20th
The cryptocurrency exchange · Bitfinex, which has been reported daily on the “tether issue”, announced that it will start trading the token “LEO” of the exchange that raised $ 1 billion in IEO on the 20th .
The token, named ” UNUS SED LEO “, is to be traded on Bitfinex from 8:00 AM (May 20) (UTC). There are 5 trading pairs available: BTC, USD, USDT, EOS and ETH.
The LEO token IEO says it has sold out all the tokens it was selling and raised $ 1 billion. Holders of tokens can receive benefits such as discounted transaction fees at the exchange.
Bitfinex will use a portion of its commission revenue to repurchase LEO tokens each month, but the specific rates and schedules have not been disclosed at this time.
In addition, if the funds of CryptoCapital, which are said to be frozen in each country, are recovered, it seems that their assets will be used for token repurchases.
Bitfinex Announces Private Sale Of Exchange Utility Token “LEO”-CRYPTO TIMES
Article Source: Bitfinex
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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/bitfinex-lists-leo/
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