UNUS SED LEO

by Bitfinex

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BCEX

by Biomass Exchange Co Ltd

3.5/5

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Covesting

by Covesting

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UNUS SED LEO

by Bitfinex

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BCEX

by Biomass Exchange Co Ltd

3.5/5

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Covesting

by Covesting

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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.Covesting is a cryptocurrency exchange with copy-trading features.

Token Stats

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%
Withdrawal Fee: 0%-0.5%
Number of Tokens/Coins: 51

Covesting is a cryptocurrency exchange that allows users to copy crypto trading behavior of other traders. The platform offers a range of currency pairs and has a native COV token, that gives holders a 50% discount on trading fees, and is also used as a bonus system for traders whose activity is copied.
Trading Fees: 0.15%-0.25%

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