Poloniex

by Circle

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Simex

by Simex

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UNUS SED LEO

by Bitfinex

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Poloniex

by Circle

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Simex

by Simex

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UNUS SED LEO

by Bitfinex

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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.Simex is a crypto exchange that is focused on the Russian speaking market.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.

Token Stats

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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
Deposit Fee: Varying Depending on blockchain fees
Withdrawal Fee: Varying Depending on blockchain fees
Number of Tokens/Coins: 97

Simex is an exchange that is focused on the Russian crypto market but is registered in the United States. Simex offers a limited token selection that users can purchase with USD or Rubles. They offer convenient debit card withdrawal options.

Trading Fee: 0.2%
Deposit Fee: Up to 3.3%
Withdrawal Fee: Up to 6%
Number of Tokens/Coins: 6

Simex issued the SMX token, which gives holders discounts on trading.

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.

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