Covesting

by Covesting

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Gate.io

by Gate Technology Incorporated

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UNUS SED LEO

by Bitfinex

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Covesting

by Covesting

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Gate.io

by Gate Technology Incorporated

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UNUS SED LEO

by Bitfinex

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What problem does this service solve?

Covesting is a cryptocurrency exchange with copy-trading features.Gate.io is an unregulated USA based crypto to crypto exchange.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.

Token Stats

Not Relevant

Company Description

Covesting is a cryptocurrency exchange that allows users to copy crypto trading behavior of other traders. The platform offers a range of currency pairs and has a native COV token, that gives holders a 50% discount on trading fees, and is also used as a bonus system for traders whose activity is copied.
Trading Fees: 0.15%-0.25%

Gate.io is a crypto to crypto exchange based in the USA. It is an unregulated exchange and does not accept US clients. They offer one of the widest selections of tokens.

Trading Fee: 0.2%
Withdrawal Fee: 0.01 BTC, 0.03 ETH
Number of Tokens/Coins: 347

Gate.io has received many negative reviews regarding difficulties withdrawing funds.

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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