Bithumb

by Bithumb

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Coinbit

by Axia Inc

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UNUS SED LEO

by Bitfinex

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Bithumb

by Bithumb

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Coinbit

by Axia Inc

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UNUS SED LEO

by Bitfinex

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What problem does this service solve?

Bithumb is a top 30 exchange and the largest exchange in South Korea.Coinbit allows users to trade a variety of cryptocurrencies.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.

Token Stats

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Company Description

Bithumb is the biggest Korean crypto exchange. It is a top 30 exchange by trading volume and it is one of the most significant blockchain companies in South Korea. In June, 2018, Bithumb was hacked and around $870,000 in bitcoin were stolen from customers.
Trading Fee: 0.15%
Withdrawal Fee: 0.001 BTC
Number of Tokens/Coins: 32

Coinbit is a South Korean cryptocurrency exchange. It is primarily focused on the South Korean market, and allows users to trade a variety of coins and tokens. Coinbit issued the Ethereum based NEXT token, which is designed to prevent price depreciation.

Trading Fee: 0.1%
Withdrawal Fee: 0.001 BTC and 0.03 ETH

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.

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