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.
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.
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.
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.
The LEO Token price is $15.43 AUD, representing a +1.81% from the day prior.
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.
The trading volume of LEO Token (LEO) is $1.5M AUD in the last 24hrs, representing a +1.81% from the day prior.
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.
The current market cap of LEO Token (LEO) is $13.9B AUD.
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.
The current circulating supply of LEO Token (LEO) is 924.5M.
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.