UNUS SED LEO vs Blockport vs Bit-Z
 |  |  |
| | |
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. | Blockport enables users to learn from, and emulate the trading activity of other traders on their platform. | Bit-Z is one of the largest exchanges by trading volume. |
Token Stats
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. | Blockport is a social crypto exchange with a hybrid decentralized architecture. Its social trading features allow users to follow or copy other traders. Traders whose activity is followed are rewarded with Ethereum-based BPT tokens. Token holders also receive discounts on trading fees. Trading Fees: 0.3% | Bit-Z is a top 20 exchange focused on the Chinese market. It has a large token selection and competitive fees. The exchange issued the BZ token, which gives holders dividends and discounts on trading. Trading Fee: 0.1% |
