UNUS SED LEO vs KuCoin vs Bitfinex
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. | KuCoin is an exchange with a unique user reward token. | BitFinex is a bitcoin to fiat and margin trading exchange. |
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. | KuCoin is a crytpo-to-crypto exchange that offers traders a reward system through its KuCoin Shares token. Kucoin has a wide variety of cryptocurrencies listed and has a reputation as an early adopter of many tokens. This provides good opportunities for investing in coins and tokens that re relatively new to crypto markets. Withdrawal Fee: 0.0005 BTC and 0.01 ETH | BitFinex is a bitcoin to fiat exchange, a margin trading exchange, and a liquidity provider. The platform offers a number of features that expand the financial positions you can take - for example the ability to short Bitcoin via margin trading. |