United Traders Token

by United Traders

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Coinbit

by Axia Inc

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UNUS SED LEO

by Bitfinex

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United Traders Token

by United Traders

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Coinbit

by Axia Inc

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UNUS SED LEO

by Bitfinex

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What problem does this service solve?

United Traders is a financial software company with an equity trading platform. They are currently building a crypto-currency exchange.Coinbit allows users to trade a variety of cryptocurrencies.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.

Token Stats

Company Description

United Traders is a Russian-based software company that is developing an investment marketplace and crytpocurrency exchange. Their Aurora platform allows traders to access some of the largest traditional asset exchanges. The UTExchange will offer smart-route technology to address liquidity problems that face cryptocurrencies with smaller trading volumes.

Coinbit is a South Korean cryptocurrency exchange. It is primarily focused on the South Korean market, and allows users to trade a variety of coins and tokens. Coinbit issued the Ethereum based NEXT token, which is designed to prevent price depreciation.

Trading Fee: 0.1%
Withdrawal Fee: 0.001 BTC and 0.03 ETH

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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