Bibox vs Coinmama vs UNUS SED LEO
What problem does this service solve?
Bibox is an AI enhanced crytpo exchange that is based in China. | Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. |
Token Stats
Not Relevant |
Company Description
Bibox is an exchange based in China. The platform offers a range of currency pairs and has a native Bibox token, that gives users a 50% discount on trading fees. | Coinmama has become a reputable and reliable option for beginners looking to purchase bitcoin and ethereum. It has an easy to use interface, the option of instant purchasing via credit cards, and real time customer service. These reasons make it a very attractive option for people looking to get in to the world of cryptocurrencies easily. | 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. |