What is LEO? Detailed introduction to LEO coin trading platforms and total volume

LEO, the native token of the Bitfinex exchange, is traded on reputable platforms like Binance, Huobi, and FTX, with varying trading fees and a growing trading volume.

Oct 02, 2024 at 11:18 pm

What is LEO?

LEO (LEO) is the native token of the Bitfinex cryptocurrency exchange. LEO was initially offered as a utility token for Bitfinex users, provided benefits such as reduced trading fees, access to exclusive features, and the exchange's profit sharing program.

LEO Coin Trading Platforms

LEO is currently traded on several cryptocurrency exchanges. The following is a list of the top 5 trading platforms by trading volume, according to CoinMarketCap:

1. Bitfinex - LEO's primary trading platform
2. Binance - Major cryptocurrency exchange
3. Huobi - Leading digital asset trading platform
4. FTX - Top-rated cryptocurrency exchange
5. OKX - Globally renowned cryptocurrency exchange

Total Volume

The total trading volume for LEO across all exchanges has fluctuated over time. In recent months, LEO has averaged a daily trading volume of around $20-30 million, with occasional spikes in volume. The all-time high trading volume for LEO was recorded on February 10, 2023, when it reached over $120 million.

Trading Fees

Trading fees on LEO vary depending on the exchange where it is traded. Currently, Bitfinex offers the lowest trading fees for LEO, with a flat rate of 0.1% for both makers and takers. Binance has slightly higher fees, charging 0.1% for makers and 0.15% for takers. Huobi and FTX offer similar fee structures, with fees ranging from 0.1% to 0.15% for makers and takers. OKX offers the highest trading fees for LEO, charging 0.2% for makers and 0.3% for takers.

Conclusion

LEO is a well-established token within the cryptocurrency ecosystem, primarily utilized as a utility token on the Bitfinex exchange. Traders interested in accessing the benefits provided by LEO can purchase and trade this token on multiple reputable cryptocurrency exchanges. The trading volume for LEO can fluctuate, but it has been growing over time and the token has a strong community support.