UNUS SED LEO vs BCEX vs Biki Exchange
What problem does this service solve?
UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. | BCEX is a top 20 exchange focused on the Chinese market. | Biki allows users to trade a variety of cryptocurrencies. |
Token Stats
Not Relevant | Not Relevant |
Company Description
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. | BCEX is a top 20 exchange that is aimed at the Chinese crypto market. Trading Fee: 0%-0.2% | The Biki Exchange is a cryptocurrency exchange that is based in Singapore and primarily targets Chinese traders. The exchange issued the BIKI token, which provides holders with discounts on trading fees, as well as other benefits. |