Announcements

Announcements > Margin Enabled For UNUS SED LEO May 29, 2019

We are pleased to introduce margin markets for the iFinex utility token, UNUS SED LEO, against USD and USDt.

To view the UNUS SED LEO margin markets, head to www.bitfinex.com/t/LEO:UST .

Today’s addition will improve liquidity for UNUS SED LEO and enable holders to lend out their tokens to receive market funding interest. In addition to this, UNUS SED LEO can now be used as collateral for margin positions to further increase the options available to traders on Bitfinex.

We urge all traders on our platform to exercise caution when trading across margin markets. As liquidity is still developing in the UNUS SED LEO markets, traders need to pay careful attention to order book depth and market movements to avoid unwanted liquidations. If you are new to margin trading on Bitfinex, please refer to the following support article: ’Intro to Margin Trading’.

This week, we introduced the first round of trading fee discounts for UNUS SED LEO token holders, and will reveal additional benefits for holders over the coming weeks.

Welcome to the era of UNUS SED LEO.