Reporter Lee Hyung-no = Digifinex, the cryptocurrency exchange founded in 2017 by blockchain professionals from HP, Tencent, Baidu, and other leading IT companies, is the world’s third-biggest cryptocurrency exchange with a daily Bitcoin trading volume of 16,000 BTC, which is equivalent to 1 trillion Korean won.
Furthermore, they are taking an aggressive approach to the installation of the system which increases its users’ accessibility in terms of allowing them to buy cryptocurrency with a credit card.
Korean BLUCON Project is slated to be listed in May and has given a sensational presentation in April. The presentation became a hot topic because the content is not only about the listing.
BLUCON Project is the first project to focus on instant conversion of cryptocurrency to spendable cash through a card and has a different infrastructure from other projects providing standard payment system. In order to be an effective payment method in real life, BLUCON does not work on an independent network but rather taps into the existing financial network.
BLUCON’s EXO-Platform is a project that facilitates instant cryptocurrency payment by acting as the medium connecting banks and exchanges, converting exchange’s cryptocurrency into mileage, and then trading the mileage for the bank’s fiat money.
Through the strategic partnership with BLUCON, Digifinex aims to be the first provider of a service that makes crypto asset spendable and accessible for its users.