In order to protect the interests of investors, KEX has always been open and cautious about the emerging blockchain assets. KEX has been working hard to provide users with innovative blockchain assets and to offer listing opportunities towards those blockchain assets of potential.
During the operation of KEX, many crypto-currency fans have suggested that KEX.COM launch the USDT trading section. And after a series of market research and evaluation, based on comprehensive considers of factors such as user demand, market liquidity, security stability, and the international layout of our platform, KEX decided to officially switch the DC trading zone into the USDT trading section at Singapore time (GTM+8) 22:00 on March 24, 2018. At that time, the DC held in investors' accounts will be exchanged into the equivalent USDT. KEX.COM’s launching of USDT trading section will become another milestone in the continuous developing efforts of KEX Group (KEX.COM, KEX.KR).
USDT(Tether USD) is a token issued by Tether company on the basis of U.S. Dollar(USD), which is a fiat money of stable monetary value. One USDT equals to one US dollar, and users can exchange USDT with USD at any time. Tether company claims strict adherence to a 1: 1 reserve guarantee, that is, for the issuance of every 1 USDT, they will have 1 USD in the reserve account. To get USDT, users can use SWIFT to transfer USD to a bank account provided by Tether or trade through virtual currency exchanges. To exchange the USD back, users need to operate in reverse. Users can also exchange Bitcon for USDT through trading platforms.
KEX meets the compliance requirements of multiple regions and has a broad market globally. In the spirit of reciprocity and mutual benefit, we actively seek for cooperation with high quality digital assets in order to offer more trading options to our users. With the efforts of KEX team and the support from our users, we hope to make KEX better and better!
【RISK WARNING】Digital currency is a new social product that is still in its initial stage of development. There could be many risks in the market of digital currency trading (e.g. technical defects, price fluctuations etc.). Users should be fully aware of the investment risks. Established under the legal framework of the Republic of Singapore, KEX is a neutral trading platform aiming to satisfy the trading demands of digital currency fans and is not liable for any review, warranty or compensation liabilities of the currency value.
March 21, 2018