United Traders Token

by United Traders

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UNUS SED LEO

by Bitfinex

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CoinsBank

by CB Exchange LP

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United Traders Token

by United Traders

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UNUS SED LEO

by Bitfinex

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CoinsBank

by CB Exchange LP

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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.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.Coinsbank is a cryptocurrency platform that offers a wallet, payment services, and an exchange.

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.

CoinsBank is a cryptocurrency platform that offers several services, including: a wallet, payment services, and exchange. CoinsBank was formerly known as BIT-X, but underwent a re-branding effort in 2016. The company operates in Scotland but is registered in Belize.

Trading Fee: 0.5%
Withdrawal Fee: 0.001 BTC
Number of Markets: 7

The fees are significantly higher than other exchanges.

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