United Traders Token

by United Traders

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Poloniex

by Circle

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Bancor

by LocalCoin Ltd.

5/5

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United Traders Token

by United Traders

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Poloniex

by Circle

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Bancor

by LocalCoin Ltd.

5/5

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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.Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.

Token Stats

Not Relevant

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.

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

Bancor is a decentralized exchange protocol that is designed to increase liquidity for Ethereum and EOS tokens. The company has been at the center of the debate about Decentralized vs Centralized Exchanges, as well as the overall need of institutions to serve as a hub for decentralized networks. Their protocol, and exchange, enable any token to hold one or other additional tokens in reserve. Bancor allows conversions between tokens on their decentralized exchange with smart tokens that increase liquidity, and establish market prices for smaller tokens. Specifically, for those that do not have large trading volumes. Bancor tokens facilitate the exchange and act as a connective tissue, and have a centralizing effect on the exchange.

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