Bitfinex Reduces Taker Fees for UNUS SED LEO Token Holders on Derivatives Launch

Bitfinex
Bitfinex
Sep 5, 2019 · 1 min read

We’re pleased to announce that UNUS SED LEO token holders can enjoy a reduction in taker fees of up to 2 basis points (BPS)!

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The discount in taker fees, which began on 03/09/19 9:00 AM (UTC), has reduced fees by 0.01 BPS for every 10,000 Tether (USDt) in LEO tokens held in a trading account during the previous month (calculated daily).

The maximum taker fee reduction of 2 BPS is reached when 2 million USDt in LEO is held across the previous month.

The discount on taker fees coincides with the launch of derivatives on iFinex Financial Technologies Limited, registered in the Seychelles, which will be available to eligible Bitfinex account holders.

Fee reductions are subject to change at Bitfinex’s discretion, due to changes in fee schedules or otherwise. All current and future fee discounts can be viewed on the Bitfinex Fees page. Additionally, you can view all relevant token/fee statistics under Reports > Summary.

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