Kraken vs UNUS SED LEO vs HBTC Exchange
What problem does this service solve?
Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. | HBTC's trading platform does not appear to provide any noticeable advantages to exchanges. |
Token Stats
Not Relevant |
Company Description
Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity. | 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. | HBTC is a cryptocurrency exchange that was previously known as BHEX, or Blue Helix. The HBTC exchange offers traders a variety of currency pairs, as well as other trading options such as options contracts and and OTC desk. As part of the company's re-branding, a token swap will be held to allow holders to transfer their BHT tokens to HBC. |