Liquid is a blockchain platform that was created by the fintech company Quoine, that has a suite of blockchain powered financial services. Liquid is focused on providing liquidity to crypto industry. The platform offers a "worldbook" which is a multi-market order book that aggregates liquidity sources to one order book and supports trading in multiple currencies. Liquid has several features that are aimed at increasing the liquidity of crypto assets. The platform includes smart order routing, a currency conversion engine, fiat management, and other trading tools. Liquid is powered by the QASH token, which was released in an ICO that raised $105 million.

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%
Withdrawal Fee: 0.001 BTC
Number of Markets: 7

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.