Bittrex vs UNUS SED LEO vs Trade.io
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. | Trade.io allows users to trade cryptocurrencies and earn a share of the platform's revenues. |
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. | Trade.io is a Switzerland-based financial technology company. Their platform consists of a cryptocurrency exchange and liquidity pool that gives TIOX token holders a share of the revenues that are earned. The company also provides ICO consulting services. |