UNUS SED LEO Benefits Available in Master and Sub-Accounts

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/ 

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