UNUS SED LEO Holders Enjoy Fee Discounts and More!
Clients that own our native token, UNUS SED LEO, are entitled to a variety of benefits when trading on Bitfinex, one notable example being fee discounts on trades.
These discounts vary according to an account holder’s user status level, based upon the amount of UNUS SED LEO held in an account over the previous month, along with the type of trade executed on the Bitfinex platform.
Clients who hold at least one Tether (USDt) in UNUS SED LEO tokens in a Bitfinex wallet over the past 30 days (calculated daily) qualify for level 1 status. This minimum requirement is increased to at least 5,000 USDt in UNUS SED LEO tokens to obtain level 2 status while level 3 users need to hold at least 10,000 USDt in UNUS SED LEO tokens.
When trading crypto-to-crypto and crypto-to-stablecoin pairs, level 1 users obtain taker fee discounts of 15%. Level 2 users garner an additional 10% discount, resulting in an overall fee reduction of 25%. In addition to these cumulative fee reductions, level 3 users are entitled to discounts of up to 6 basis points (BPS) when trading crypto-to-crypto, crypto-to-stablecoin and crypto-to-fiat, with crypto derivatives trades garnering a discount of up to 2 BPS.
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.
