Poloniex vs DigiFinex vs UNUS SED LEO
What problem does this service solve?
Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018. | DigiFinex is a leading Chinese 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
Poloniex is an established crypto to crypto exchange that is based in the United States. It offers a large selection of tokens to trade and has high liquidity. Poloniex was hacked in 2014, and lost more than 12% of their bitcoin supply. They have improved their security protocols since then. In February, 2018 Poloniex was acquired by Circle, one of the largest crypto payment providers. Trading Fee: 0%-0.1% Maker and 0%-0.2% Taker | DigiFinex is a top 20 exchange that has a strong focus on China. They do not accept US clients. DigiFinex's exchange does not charge a withdrawal fee. Trading Fee: 0.2% DigiFinex issued the DFT token, which gives holders dividends. | 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. |