UNUS SED LEO Benefits Available in Master and Sub-Accounts

14 February 2020 in Trading

We’re pleased to announce that holders of UNUS SED LEO will be entitled to the many benefits available to our native token across master and sub-accounts. 

The benefits will apply on UNUS SED LEO tokens held in a master account, sub-account or a combination of both. Holders of UNUS SED LEO enjoy a variety of benefits, including fee discounts on trades. The discounts available are calculated based on the total of UNUS SED LEO held across a user’s account and linked sub-accounts.

Launched in May 2019, UNUS SED LEO offers holders lucrative fee discounts, the details of which can be viewed here: https://www.bitfinex.com/fees. In addition, the token plays a central role in the iFinex ecosystem, offering benefits across the entire portfolio of iFinex products.

Bitfinex launched the master and sub-account feature to allow multiple trading accounts to be set up within a single organization, with the provision of control access on an account level. When a sub-account is created it will be linked to a user’s primary account, which will become the customer’s master account. A master account has exclusive authority to set up sub-accounts (with a cap of 100 different accounts).

For additional information on the sub-account feature, please visit: https://support.bitfinex.com/hc/en-us/articles/360018270793. We invite you to share your feedback on the new sub-account feature with us here: https://cs.bitfinex.com/