ABCC has now added a new cryptocurrency, KRWb, for trading. This has increased our trading pairs to include KRWb/BTC, KRWb/ETH and KRWB/USDT.
KRWb token is a ERC-20 based stable token pegged 1:1 to the Korean Won. It can be used to enable cheap cross boarder trading from and to Korean exchanges without having to go through commercial banks. As it is fully collateralised, it will experience minimum volatility.
Total Supply: 400 million
KRWb creates the very first stable token pegged 1:1 to the Korean Won and is fully backed by fiat KRW assets. Backing fiat assets are subjected to regular audits by independent third parties and will always equal or exceed total supplied tokens.
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You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.