OEX vs BCEX vs UNUS SED LEO
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What problem does this service solve?
| OEX is a crypto-to-crypto exchange that is focused on the Chinese market. | BCEX is a top 20 exchange focused on the Chinese market. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. |
Token Stats
| Not Relevant | Not Relevant |
Company Description
OEX is a top 30 exchange with increasing trading volumes. The token selection is not large and includes some tokens that are not listed on many other exchanges. Trading Fee: 0.2% | BCEX is a top 20 exchange that is aimed at the Chinese crypto market. Trading Fee: 0%-0.2% | 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. |
