Buy LEO Token (LEO)
What is LEO Token?
LEO Token, formally known as UNUS SED LEO, is a utility token primarily used on the Bitfinex exchange, part of the iFinex ecosystem. Its core purpose is to provide holders with trading fee discounts and exclusive features on iFinex platforms.
How does LEO Token work?
LEO Token functions as an ERC-20 token on the Ethereum blockchain and a native token on the EOS blockchain, offering flexibility and interoperability. It incorporates a token burn mechanism where a portion of iFinex's revenue is used to buy back and burn LEO tokens, reducing supply and potentially increasing value.
What are the potential use cases for LEO Token?
LEO Token is primarily used to reduce trading fees on Bitfinex and other iFinex platforms. Additionally, it grants access to exclusive features, participation in initial exchange offerings (IEOs), and engages users in governance through feedback and voting mechanisms.
What is the history of LEO Token?
LEO Token was launched in May 2019 by iFinex, following financial setbacks, including asset seizures and hacking incidents. It quickly raised $1 billion through a private sale. Since its inception, LEO has been integrated into various iFinex services, utilizing a dual-protocol approach on Ethereum and EOS blockchains.
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Frequently Asked Questions (FAQs)
What is the current price of LEO Token (LEO)?
The LEO Token price is $15.43 AUD, representing a +1.81% from the day prior.
Where is the best place to buy LEO Token (LEO) in Australia?
The best place to buy LEO Token (LEO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell LEO Token (LEO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of LEO Token (LEO)?
The trading volume of LEO Token (LEO) is $1.5M AUD in the last 24hrs, representing a +1.81% from the day prior.
How can I buy LEO Token (LEO)?
LEO Token (LEO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of LEO Token (LEO)?
The current market cap of LEO Token (LEO) is $13.9B AUD.
Can I convert LEO Token (LEO) to cash?
Yes - With Coinstash you can convert your LEO Token (LEO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many LEO Token (LEO) are there?
The current circulating supply of LEO Token (LEO) is 924.5M.
Is Coinstash a safe place to buy LEO Token (LEO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling LEO Token (LEO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.