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LEO Token

LEO

LEO Token Market Stats

LEO Token Price

$22,014.48

LEO Token Price Change (24H)

$22,014.48

LEO Token Price (24H Low)

$22,014.48

LEO Token Price (24 High)

$22,014.48

LEO Token Price (All Time High)

$22,014.48

LEO Token Market Cap

$22,014.48

LEO Token Volume (24H)

$22,014.48

LEO Token Circulating Supply

$22,014.48

LEO Token Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What is LEO Token (LEO)?

Launched by Bitfinex, LEO is a utility token utilized within the iFinex ecosystem. It aims to provide users with an opportunity to save money on trading fees.

The discount amount is based on how much LEO Token a Bitfinex user has in their accounts; the savings supplied are expanded across three tiers.

Variations may arise based on whether a trading pair is a crypto-to-crypto or crypto-to-stable coin. Compared to other cryptocurrencies, Leo Token was not created to exist infinitely.

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Who Created LEO Token (LEO)?

iFinex, linked to Crypto Capital, founded LEO Token (LEO). It decided to launch the LEO Token after Crypto Capital had its funds seized by the government, which warned about the difficulty of recovering these funds.

To ensure the lost money is maximized, iFinex opened up about its plan to slowly purchase the tokens from investors until there are none left going around in the marketplace. A transparency initiative was developed to reassure the community and allow them to monitor the target goal.

How does LEO Token (LEO) Work?

iFinex shows commitment to buying back Leo Token (LEO) from the market monthly through a token burn mechanism. The burning of LEO Token is supposed to be quicker compared to others.

The amount bought and burned is equivalent to at least 27% of the income gained by iFinex, with tokens also bought at the market rate. In 2018, according to untied reports, iFinex reached USD 404 million in profits.

With iFinex plans to repurchase and burn the current LEO Token through the recovered Crypto Capital funds, the proceeds will go into multiple transactions as long as it’s essential.

The approach used for recovering the funds back in 2016 from the Bitfinex hack will be made, with a plan of 80% being equal to the redeemed funds alongside 18 months to act as a barrier against market spikes.

You can access LEO Token (LEO) on Bitfinex, Gate.io, OKEx and a few more. Well-known trading pairs linked LEO with the U.S dollar, such as the USDT stablecoin, Bitcoin and Ethereum.

Is LEO Token (LEO) a Good Investment?

LEO Token (LEO) could be a good investment if you want to use the coin to assist your transactions inside the Bitfinex ecosystem. You will receive a 15% take fee discount on all of your trades automatically.

You can also get an additional 10% discount on taker fees and a 25% reduction on all your crypto deposits and withdrawals if you own LEO Token (LEO). Additionally, you can take advantage of LEO Token (LEO) by gaining up to 5% on all your peer-to-peer transactions.

The LEO Token (LEO) can also be used to enhance the trading process, improve the likelihood of business purposes, cover the company’s expenses and strengthen its capital.

According to LEO Token (LEO) forecast, the price of the coin can reach as high as $12.37 by the end of 2026.

FAQs about LEO Token (LEO)

How many LEO Token (LEO) coins are there?

The current supply of Leo Token (LEO) is created to diminish over some time. Initially, the total supply was 1 billion.

Leo Token (LEO) was on sale for $1 (1:1) alongside Tether stablecoin. This means that over ten days,  $1 billion was raised.

During the launch, there were 660 million ERC-20 tokens and 340 million EOS-based tokens, which Bitfinex allowed to be traded seamlessly between the two chains. The company stated that this dual protocol was necessary for empowering the Bitfinex community.

How is LEO Token (LEO) Secured?

LEO Token (LEO) is secured through a buyback from the issuing company. The tokens are protected in a safe and scalable blockchain, allowing the trade of funds to be secure.

Bitfinex also offers a dashboard that provides real-time information on the current Leo Tokens (LEO) supply and how many Leo Tokens (LEO) have been burned for transparency.

What can you use LEO Token (LEO) for?

The LEO Token (LEO) can be used for many things. It can reduce taker and lending fees on iFinex, including its trading platforms, products and services. Since it is the primary utility token in Bitfinex, it can also enhance the trading process. Additionally, the generated Leo Token (LEO) funds can improve the likelihood of business purposes, covering the company’s expenses and making its capital stronger.

LEO Token News

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LEO Token Community

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LEO Token Analysis

LEO TOKEN (LEO) Analysis Summary

Launched by Bitfinex, LEO is a utility token designed to strengthen its community of backers and enhance its technological and financial operations. You can access LEO Token (LEO) on Bitfinex, Gate.io, OKEx and a few more. The LEO Token allows you to receive a 15% taker fee discount on all trades, earn an additional 10% on taker fees, a 25% reduction on crypto deposits and withdrawals, and an extra 5% on all peer-to-peer transactions.

Through a token burn mechanism, iFinex shows its intention to buy back Leo Token (LEO) from the market. The burning of LEO Token is supposed to be quicker compared to others. The same approach will be utilized from the recovery of funds in 2016 from the Bitfinex hack, with a plan of 80% equal to the redeemed funds alongside 18 months to act as a barrier against market spikes.

The LEO Token (LEO) might be an excellent investment to improve business prospects, cover the company’s expenses, and strengthen its capital. It’s also clear that LEO Token (LEO) owners can access discounts and additional benefits.

 

 

Analysis Q&As

What is LEO Token price today?

LEO Token price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for LEO Token?

LEO Token hit an all time high of [All High].

What was the lowest price for LEO Token?

LEO Token had an all time low of [All Low].

What was the 24 hours trading volume of LEO Token?

The 24 hour trading volume of LEO Token is [Volume].

Where can LEO Token be traded?

You can trade LEO Token on Crypto.com, Kraken, Binance, and FTX. The popular trading pairs for LEO Token in the market includes LEO/USD, LEO Token/CAD, LEO Token/EUR, LEO Token/GBP, and LEO Token/AUD. LEO Token is a token that is related to the ... categories.

What exchange is LEO Token on?

Online traders can buy or sell LEO Token (LEO) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

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LEO Token Technicals

See Comparewise coin rating definitions for more information.

LEO Token Price Statistics
LEO Token Price Today

08/16/2022

LEO Token Price

$22,014.48

LEO Token Price Change (24H)

$22,014.48

LEO Token Price (24H Low)

$22,014.48

LEO Token Price (24H High)

$22,014.48

LEO Token Price (All Time High)

$22,014.48

LEO Token Market Cap

$22,014.48

LEO Token Volume (24H)

$22,014.48

LEO Token Circulating Supply

$121.3M

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