Bit-Z vs LATOKEN vs UNUS SED LEO
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What problem does this service solve?
| Bit-Z is one of the largest exchanges by trading volume. | LATOKEN allows users to convert real world assets into digital tokens that can be traded on their exchange. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. |
Token Stats
Company Description
Bit-Z is a top 20 exchange focused on the Chinese market. It has a large token selection and competitive fees. The exchange issued the BZ token, which gives holders dividends and discounts on trading. Trading Fee: 0.1% | LATOKEN is a cryptocureency exchange and asset tokenization platform. Their marketing materials focus on increasing liquidity for a variety of digital assets. The platform enables users to tokenize assets such as real estate, artwork, and stocks, and then trade them on the LATOKEN exchange. The network is powered by the Ethereum-based LA token. Their trading fees are not publicly listed and they have a withdrawal fee of 0.001 BTC | 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. |
