Review on LEOcoin by Toprak Dere
About LEOcoin
LEO Token (LEO) is a utility token intended for use on the Bitfinex exchange and other trading platforms managed by its parent company iFinex. It is hoped that the LEO token will strengthen the Bitfinex community and optimize the platform's operations.
The LEO token will support the reduction of buyer and lending fees for the use of trading platforms, products and services offered by iFinex. iFinex is the Hong Kong-based operator of the Bitfinex exchange and the EthFinex digital asset trading platform. All tiers of LEO holders' buyer fees need to be reduced by 15% for all crypto-crypto pairs, including crypto-stablecoin. Bitfinex also recently announced that the buyer fees of LEO holders who are more than $ 5,000 in LEO will be reduced by another 10%.
As the LEO is the utility token at the heart of the Bitfinex ecosystem, it needs to optimize the trading processes involved. The LEO token team promises that the first LEO trading fees will be reduced by up to 25%, provided the investor holds these tokens. At the same time, investors will be able to purchase any fee level in LEO at 30-day intervals using LEO equal to 75% of the delta rate. The discount must be applied for all fees charged by both Bitfinex and Ethfinex platforms. Similarly, LEO holders are eligible for 25% crypto withdrawal and deposit fee discounts.
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Pros
- future is bright
- Trade with LEO tokens against Bitcoin, Ethereum, EOS, USDT Tether and the US dollar
- offering personalized profit and loss charts
Cons
- not listed in most exchanges
