Margin trading with LEO

Bitfinex Cryptocurrency Exchange announced on Wednesday, May 29, the start of margin trading in pairs with its own UNUS SED LEO token.

Bitfinex utility token, UNUS SED LEO.

To view UNUS SED LEO Markets, visit https://t.co/CupYKc4vBI . pic.twitter.com/r6UX74esJC

– Bitfinex (@bitfinex) May 29, 2019

As stated in the statement of the exchange, margin trading will increase liquidity in the LEO markets, as well as allow token holders to receive a percentage of the assets provided for opening positions. It also became possible to use LEO as collateral when opening marginal positions on Bitfinex.

Recall, Bitfinex May 17 confirmed the successful sale of a limited number of investors tokens LEO for $ 1, in which the company raised $ 1 billion. Bidding tokens started May 20 and come in pairs with Bitcoin (BTC), Ethereum, EOS, USDT and the US dollar.

On the eve of the exchange also announced that LEO holders will be able to receive 15% discounts on fees for transactions made on the platform in which they act as takers.

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