UNUS SED LEO

by Bitfinex

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WazirX

by WazirX

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LBank

by LBank

5/5

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UNUS SED LEO

by Bitfinex

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WazirX

by WazirX

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LBank

by LBank

5/5

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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.LBank is a Chinese based exchange that primarily caters to the Chinese market.

Token Stats

Not Relevant

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.

LBank is Chinese exchange that ranks in the top 20 for trading volumes. The trading platform is intuitive and offers some advanced trading tools. However, the company's focus is on the Chinese market, and the English language site can be difficult to use.

Trading Fee: 0.1%
Withdrawal Fee: 0.01 BTC
Number of Tokens/Coins: 88

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5/5 (4)