B2BX

by B2Broker

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UNUS SED LEO

by Bitfinex

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Bancor

by LocalCoin Ltd.

5/5

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B2BX

by B2Broker

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UNUS SED LEO

by Bitfinex

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Bancor

by LocalCoin Ltd.

5/5

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What problem does this service solve?

B2BX provides clients with white label solutions for cryptocurrency trading professionals.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.

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Company Description

B2BX is a cryptocurrency exchange and B2B crypto-trading service provider. In addition to its exchange, the company offers financial companies the tools and services they need to set up and manage their operations. The B2BX exchange offers B2B token holders a 35% discount on trading fees.

UNUS SED LEO is an initiative started by Bitfinex that is focused on increasing the exchange's transparency. UNUS SED LEO means "one, but it's a lion" in Latin. The iniatative was created to increase the transparency of the exchange's finances, following a controversy related to the allocation of reserves from the stablecoin Tether, that was created by the same parent company as the Bitfinex exchange, iFinex. It is built around a token burning redemption mechanism which is tied to the parent company's revenues. Their dashboard provides insights into the fees that are collected, and the LEO tokens that are burned.

Bancor is a decentralized exchange protocol that is designed to increase liquidity for Ethereum and EOS tokens. The company has been at the center of the debate about Decentralized vs Centralized Exchanges, as well as the overall need of institutions to serve as a hub for decentralized networks. Their protocol, and exchange, enable any token to hold one or other additional tokens in reserve. Bancor allows conversions between tokens on their decentralized exchange with smart tokens that increase liquidity, and establish market prices for smaller tokens. Specifically, for those that do not have large trading volumes. Bancor tokens facilitate the exchange and act as a connective tissue, and have a centralizing effect on the exchange.

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