UPbit

by UPbit

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UNUS SED LEO

by Bitfinex

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Bithumb

by Bithumb

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UPbit

by UPbit

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UNUS SED LEO

by Bitfinex

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Bithumb

by Bithumb

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What problem does this service solve?

UPbit is the largest Korean trading exchange and is backed by Song Chi-Hyung, who is one of South Korea’s richest men.UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.Bithumb is a top 30 exchange and the largest exchange in South Korea.

Token Stats

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Company Description

UPbit is a Korean exchange that was launched in October 2017 by Song Chi-Hyung, who is one of South Korea’s richest men. His company, Dunamu, is the holding company behind UPbit, was originally an online news aggregator, but quickly pivoted into Fintech, where it has done very well. UPbit is geared almost exclusively towards the Korean market, and offers a large number of BTC and Korean Wong pairs.
UPbit has very quickly become an important player in the Korean crypto market, and is one of the largest exchanges by trading volume in the country.
Trading Fee: 0.25%
Withdrawal Fee: 0.0005
Number of Tokens/Coins: 272

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.

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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