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.Bibox is an AI enhanced crytpo exchange that is based in China.

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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.

Bibox is an exchange based in China. The platform offers a range of currency pairs and has a native Bibox token, that gives users a 50% discount on trading fees.
Bibox is aiming to position itself as an AI enhanced crypto exchange. It delivers unified market entry and exit data that has been screened and filtered. This provides users with optimal deals on the most pairings available. This is a key feature for the highly volatile crypto market, that has many arbitrage opportunities.
Bibox has a number of security features such as, Google and SMS Authentication, as well as a quadruple layer of passwords. The site also has a complete login record to keep track of account activity.

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