UPDATE: Bitfinex LEO token listing
COSS.io has listed Bitfinex LEO token today. This is an addition to our existing list of exchange tokens from Bancor, LAtoken and Kyber.
LEO is the utility token of the iFinex portfolio — which includes Bitfinex, Ethfinex, EOSfinex among other products.
As per the whitepaper, Bitfinex is going to buy-back and burn LEO tokens every month using 27% of their revenue. The token also allows users to receive discounts on fees for trading, withdrawal, lending, derivative.
Bitfinex will buy-back tokens to burn from the open market and not from its reserves, with plans to buy-back 100% of the tokens.
LEO will be available on the following pairs:
LEO/ETH
LEO/BTC
LEO/USDT
Spread the word and happy trading. And do expect to hear from us again soon. :)
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