UNUS SED LEO

by Bitfinex

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BCEX

by Biomass Exchange Co Ltd

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Simex

by Simex

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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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Simex

by Simex

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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.Simex is a crypto exchange that is focused on the Russian speaking market.

Token Stats

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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

Simex is an exchange that is focused on the Russian crypto market but is registered in the United States. Simex offers a limited token selection that users can purchase with USD or Rubles. They offer convenient debit card withdrawal options.

Trading Fee: 0.2%
Deposit Fee: Up to 3.3%
Withdrawal Fee: Up to 6%
Number of Tokens/Coins: 6

Simex issued the SMX token, which gives holders discounts on trading.

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