Busan Digital Asset Exchange to Launch 'Bidan' Beta Service on the 30th
Available on the Sengold Official Website
Busan Digital Asset Exchange announced on the 27th that it will launch the beta version of its own digital asset trading platform 'bdan' on the 30th.
The beta version of the new platform bdan will be available through the official Sengold website. The exchange plans to collect user improvement suggestions through the bdan beta version and reflect them in the official version scheduled for release in March next year.
On bdan, users can trade digital assets that were previously traded on Sengold. The products introduced this time include seven metal raw materials: ▲eGold ▲eSilver ▲ePlatinum ▲ePalladium ▲eCopper ▲eNickel ▲eTin.
The minimum trading units are 0.01g for eGold, 1g for eSilver, 0.01g for ePlatinum, 0.01g for ePalladium, 0.1kg for eCopper, 0.05kg for eNickel, and 0.05kg for eTin, allowing for small-amount trading. These digital products can be withdrawn as physical assets or exchanged for cash fully equivalent to the value of the physical assets.
After the official version is released, the digital product lineup will be expanded to include various physical goods such as food raw materials like ▲eAluminum ▲eZinc ▲eLead ▲eCoffee Beans ▲eCocoa ▲eSugar ▲eFlour.
To protect investors, the exchange stores all assets traded on bdan in secure vaults of Korea Gold Exchange, the nation's top gold distribution company. They also respond immediately to members' withdrawal requests.
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Kim Sang-min, CEO of bdan, stated, "We will build a digital financial ecosystem utilizing blockchain technology and grow into a specialized exchange for Security Token Offering (STO), creating a new economic model through the tokenization and distribution of physical assets." He added, "We will also faithfully carry out the plan to elevate Busan as a global center of digital innovation through this opportunity."
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