United Traders Token vs UNUS SED LEO vs Coinmama
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. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. | Coinmama is an easy to use and reputable exchange, with a straightforward platform. It offers instant purchases for bitcoin and ethereum with credit cards. |
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. | 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. | 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. |