UNUS SED LEO

by Bitfinex

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WazirX

by WazirX

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Bithumb

by Bithumb

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UNUS SED LEO

by Bitfinex

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WazirX

by WazirX

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Bithumb

by Bithumb

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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.WazirX allows Indian cryptocurrency traders to trade a variety of currency pairs.Bithumb is a top 30 exchange and the largest exchange in South Korea.

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.

One of India's largest Cryptocurrency exchanges, WazirX is considered to be one the most influential Crypto companies in the country. The WazirX exchange was recently acquired by Binance. The exchange allows users to trade a variety of currency pairs, and also has a native token that gives traders a discount on trading fees. The trading platform is available on desktop, iOS, and Android.

Bithumb is the biggest Korean crypto exchange. It is a top 30 exchange by trading volume and it is one of the most significant blockchain companies in South Korea. In June, 2018, Bithumb was hacked and around $870,000 in bitcoin were stolen from customers.
Trading Fee: 0.15%
Withdrawal Fee: 0.001 BTC
Number of Tokens/Coins: 32

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