Bitfinex Starts Offering Fee Discounts to LEO Token Holders
Bitfinex starts offering discounts on fees to LEO token holders
Bitfinex cryptocurrency exchange this tuesday announced that, in accordance with its earlier promise, holders of the LEO token it issued will be able to receive discounts on commissions charged to users when making transactions on the platform.
Starting today, LEO holders will receive a 15% discount on commissions in all cryptocurrency-cryptocurrency pairs, including cryptocurrency-stablecoin.
To receive a discount, the average value of the user's account balance must not fall below 1 LEO in USDT equivalent during the previous 30 days starting from May 20. The discount is calculated every 12 hours and applies to all taker fees on the Bitfinex and Ethfinex exchanges.
According to the information from the fees page on the Bitfinex website, discounts may also be implemented in the future for those who hold more than 5,000 and 10,000 LEO in USDT equivalent. For the latter case, discounts are also provided for transactions in pairs "cryptocurrency-fiat".
The LEO rate has increased significantly in recent days and in present time is near the $ 1.46 mark. According to CoinGecko, LEO is the 14th largest asset in the market with a market cap of $ 1.46 billion..
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