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While most cryptocurrencies are permanent, UNUS SED LEO is one of the few currencies with a built-in timer. Developer iFinex launched a buy-back program to recoup losses from previous controversies. Don’t wait to jump into the LEO exchange — you’ll get access to discounts that boost your income until LEO eventually leaves the ecosystem.
With Rubix, you can exchange LEO and other cryptocurrencies right from your smartphone app or web browser. Use the secure payment methods to add LEO to your balance, then participate in the thriving network. You could also keep your LEO and sell it for other crypto or fiat currencies at a later date.
UNUS SED LEO is a token that gives users discounts on the iFinex ecosystem. When they use LEO, buyers get discounts on basic transactions like deposits and withdrawals. They also get reduced commissions and monthly 0.05% discounts for every 10,000 USD in LEO that they hold, capped at 5%. If they have over $50 million LEO in their portfolio, they get 25% off transactions.
To recoup its losses from past controversies, iFinex launched LEO as part of a buy-back program. Every month, iFinex buys back LEO tokens at a rate of 27% of the previous month’s profits. This makes LEO unique because iFinex designed the token to be temporary instead of a permanent fixture on the blockchain.
Who created LEO?
In 2016, hackers stole nearly 120,000 bitcoins from the Bitfinex exchange, totaling nearly $68 million in losses at the time. Five years later, the New York State attorney general alleged that iFinex, the parent company of Bitfinex and Tether, shifted millions of dollars between the two companies to hide their losses. New York issued an $18 million fine and banned iFinex from operating in the state.
These scandals threatened to derail iFinex, which is one of the biggest companies in the blockchain industry. UNUS SED LEO launched in 2019 to reward customers for using the iFinex ecosystem, helping the company maintain its status. Upon release, Bitfinex divided LEO between the Ethereum and EOS ecosystems.
How do I exchange and Trade UNUS SED LEO?
UNUS SED LEO offers a unique experience for cryptocurrency traders. To join the exchange, follow these steps:,1. Choose an exchange that supports UNUS SED LEO.
2. Sign up and familiarize yourself with the platform.
3. Transfer fiat or crypto currencies into your account.
4. Buy LEO to add the token to your portfolio.
Essentially, you can start trading LEO within minutes. If a friend, customer or relative wants to send you LEO, use the public address that comes with your wallet so you can get started for free.
Exchange LEO using Rubix
When you exchange LEO through Rubix, you will get access to the Market, which allows you to buy and sell crypto. In your account you can view your portfolio and see how much your investments are worth. Rubix offers a mobile app and desktop platform so you can exchange LEO from anywhere. While we are always here to answer your questions, Rubix’s platform is so simple that anyone can get started regardless of skill level. Use the app to buy crypto or simply keep an eye on market prices. With graphs that track price fluctuations, Rubix makes it easy to estimate where the market is headed.
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