Bibox vs Huobi vs UNUS SED LEO
What problem does this service solve?
Bibox is an AI enhanced crytpo exchange that is based in China. | Huobi is one of the largest exchanges. It also runs a Chinese mining pool. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. |
Token Stats
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. | Huobi is one of the world's leading trading platform, committed to providing investors with a professional, safe and honest transaction services. The Exchange charges no deposit fees but does have an exit fee of between 1% and 2%. It was originally based in China, but moved its' headquarters to Singapore, and also has offices in Hong Kong, Korea, Japan and the United States. | 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. |