Gate.io vs United Traders Token vs UNUS SED LEO
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What problem does this service solve?
| Gate.io is an unregulated USA based crypto to crypto exchange. | United Traders is a financial software company with an equity trading platform. They are currently building a crypto-currency 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
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% Gate.io has received many negative reviews regarding difficulties withdrawing funds. | United Traders is a Russian-based software company that is developing an investment marketplace and crytpocurrency exchange. Their Aurora platform allows traders to access some of the largest traditional asset exchanges. The UTExchange will offer smart-route technology to address liquidity problems that face cryptocurrencies with smaller trading volumes. | 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. |
