Bitbank

by Bitbank

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UNUS SED LEO

by Bitfinex

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Simex

by Simex

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Bitbank

by Bitbank

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UNUS SED LEO

by Bitfinex

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Simex

by Simex

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What problem does this service solve?

Bitbank is a Japanese crypto platform that offers several services, including an exchange, payment platform, and wallet.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.Simex is a crypto exchange that is focused on the Russian speaking market.

Token Stats

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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
Withdrawal Fee: 0.001 BTC, 0.001 ETH
Number of Markets: 8

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.

Simex is an exchange that is focused on the Russian crypto market but is registered in the United States. Simex offers a limited token selection that users can purchase with USD or Rubles. They offer convenient debit card withdrawal options.

Trading Fee: 0.2%
Deposit Fee: Up to 3.3%
Withdrawal Fee: Up to 6%
Number of Tokens/Coins: 6

Simex issued the SMX token, which gives holders discounts on trading.

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