QUOINE

by Quoine

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Coinmama

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UNUS SED LEO

by Bitfinex

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QUOINE

by Quoine

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Coinmama

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UNUS SED LEO

by Bitfinex

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What problem does this service solve?

QUOINE is a blockchain technology company that operates 3 exchange platforms that are aimed at increasing liquidity in cryptocurrency markets.Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards.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

QUOINE is a Japanese fintech company that is developing several liquidity focused trading platforms. QUOINE was the first cryptocurrency company to be officially licensed by the Japanese Financial Services Agency.
QUOINE runs 2 exchanges and a platform called LIQUID, that is designed to solve the problems related to liquidity in crypto markets. Quoinex is a fully regulated Crypto-Fiat exchange and was the first exchange to ever be audited by Deloitte. Qryptos is a crypto-only exchange.
The company's exchanges have an attractive fee structure

Trading Fee: 0 for base currency pairs, 0.25% for BTC and BHC pairs, 0.1% for ETH pairs
Withdrawal Fee: $5/5 Euros on fiat currency, Free on Crypto withdrawals
Number of Tokens/Coins: 50

QUOINE's platforms are powered by the QASH utility token.

Coinmama has become a reputable and reliable option for beginners looking to purchase bitcoin and ethereum. It has an easy to use interface, the option of instant purchasing via credit cards, and real time customer service. These reasons make it a very attractive option for people looking to get in to the world of cryptocurrencies easily.
Coinmama has a number of considerable disadvantages though. The very high fees, that can amount to 10%, on credit card purchases, are the main one. (There are no other funding options) They also don’t offer a wallet service, have no mobile application, or any additional trading tools.
Registering for an account on Coinmama is simple and straightforward. There is also a verification process, but it tends to be much shorter and less time consuming than other exchanges.
After users have opened an account and purchased bitcoin or ethereum, the funds are instantly transferred to a third-party wallet. This makes Coinmama very secure, as there is little chance of a breach.
Coinmama is able to process credit card payments because they require personal information and a government-issued ID. Furthermore, the privacy policy is very draconian; they reserve the right to obtain credit information about users before allowing them to purchase on the exchange and collect as much private information about users as they deem necessary before allowing them to purchase.
Despite this fact, it provides a basic on-ramp for users looking to buy bitcoin and ethereum for the first time.

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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