Bittrex vs UNUS SED LEO vs Cobinhood
What problem does this service solve?
Bittrex is one of the largest US based crypto exchanges. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. | Users can trade cryptocurrencies with no fees. |
Token Stats
Not Relevant |
Company Description
Bittrex is one of the largest crypto to crypto exchanges. It offers a large number of trading pairs, but do not allow fiat to crypto trading. Bittrex has one of the largest trading volumes in the market. | 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. | Cobinhood is a cryptocurrency exchange with no trading fees. Users can trade most of the major pairs, and a variety of other currencies. Cobinhood offers both both a centralized and a decentralized trading platform. In addition to their cryptocurrency exchange, Cobinhood also operates an ICO underwriting service, and they are releasing Zeux, which will be a crypto mobile payment and investment app. |