Bitfinex Cryptocurrency Exchange reported on the upcoming listing of the LEO token, through the distribution of which among private investors, it previously raised $ 1 billion.

As stated in today's exchange blog post, the listing of UNUS SED LEO (namely, the full name of the token) will take place at 08:00 UTC on Monday, May 20.

$ 1bn contribution. https://t.co/JkGiq2Bn6k

Trading against BTC, USD, USDt, EOS, and ETH will commence on Monday May 20th, at 08:00 UTC on Bitfinex.

– Bitfinex (@bitfinex) May 17, 2019

It is reported that LEO will be trading in pairs with Bitcoin (BTC), Ethereum, EOS, USDT and the US dollar.

At the same time, Bitfinex once again confirmed the successful sale of all issued tokens, which the Technical Director announced earlier this week.

Recall that the white paper token states that LEO is issued to cover $ 850 million, which were frozen in the accounts of the payment company Crypto Capital and led Bitfinex to problems with the prosecutor’s office in New York.

The LEO Token will allow Bitfinex users to receive discounts on commissions for trading transactions in cryptocurrency-cryptocurrency pairs, as well as give them more favorable credit and withdrawal terms.

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