What is the purpose of the LEO Token?
The purpose of the LEO Token is to provide a decentralized platform for digital asset trading and management.
The LEO Token is an ERC-20 token built on the Ethereum blockchain, and it serves as the native currency of the Bitfinex exchange. It is used to pay fees on the platform, such as trading fees, withdrawal fees, and margin funding fees. Additionally, it can be used to access certain features of the platform, such as margin trading and advanced order types.
The LEO Token also provides holders with a variety of benefits, including discounts on trading fees, access to exclusive events and promotions, and more. Finally, the LEO Token serves as a store of value that can be used to hedge against market volatility or as an investment opportunity.
AI created text. No guarantee for the correctness of the content.
