Bitbank vs Blockport vs UNUS SED LEO
 |  |  |
| | |
What problem does this service solve?
| Bitbank is a Japanese crypto platform that offers several services, including an exchange, payment platform, and wallet. | Blockport enables users to learn from, and emulate the trading activity of other traders on their platform. | 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
Bitbank is a regulated fiat to crypto exchange that is based in Japan. It currently does not have any trading fees. Bitbank is one of the largest Japanese cryptocurrency platforms, and ranks in the top 30 exchanges for total trading volume. Bitbank also offers several other crypto services in Japan. Trading Fee: 0 | Blockport is a social crypto exchange with a hybrid decentralized architecture. Its social trading features allow users to follow or copy other traders. Traders whose activity is followed are rewarded with Ethereum-based BPT tokens. Token holders also receive discounts on trading fees. Trading Fees: 0.3% | 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. |
