Coinmama vs CoinsBank vs UNUS SED LEO
What problem does this service solve?
Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards. | Coinsbank is a cryptocurrency platform that offers a wallet, payment services, and an exchange. | 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
Coinmama has become a reputable and reliable option for beginners looking to purchase bitcoin and ethereum. It has an easy to use interface, the option of instant purchasing via credit cards, and real time customer service. These reasons make it a very attractive option for people looking to get in to the world of cryptocurrencies easily. | CoinsBank is a cryptocurrency platform that offers several services, including: a wallet, payment services, and exchange. CoinsBank was formerly known as BIT-X, but underwent a re-branding effort in 2016. The company operates in Scotland but is registered in Belize. Trading Fee: 0.5% The fees are significantly higher than other exchanges. | 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. |