South Korean Users Can Now Trade VNX Tokens on Burrito Wallet

Burrito Wallet, a subsidiary of the Korean crypto exchange Bithumb, has partnered with Liechtenstein-based company VNX to introduce South Korean users to digital assets like VNX Gold, VNX Euro, and VNX Swiss Franc. The partnership aims to open up new opportunities in the crypto space and allow Burrito Wallet users to trade VNX tokens and access the Web3.0 world.

With this integration, Burrito Wallet users can diversify their assets with VNX Gold, VNX Euro, and VNX Swiss Franc. These tokens are backed by real-world assets and offer stability, security, and seamless transactions on the blockchain. Users can easily convert these tokens into traditional fiat currencies or even physical gold through the VNX platform.

VNX Gold (VNXAU) is a multichain token representing ownership of LBMA-certified physical gold stored in high-security vaults in Liechtenstein. Each VNXAU token represents one gram of gold, making it a convenient option for those interested in the gold market.

VNX Euro (VEUR) and VNX Swiss Franc (VCHF) are multichain tokens referencing respective currencies and provide various opportunities in the crypto space with traditional currencies.

Burrito Wallet users have access to tokens on multiple blockchains, enhancing their choices in the crypto market, and can switch token chains within the VNX platform for more flexibility in managing their assets.

The CEO and Founder of VNX, Alexander Tkachenko, said that it strengthens their global reach and allows enhanced accessibility of VNX tokens for users in South Korea.

VNX tokens are generated and managed by a company registered with the Liechtenstein Financial Market Authority, ensuring a secure and trustworthy environment for users, the company mentioned in a press release shared with AlexaBlockchain. Regular audits of the reserves backing the tokens are openly accessible on the company’s website, providing investors with confidence and assurance.

Burrito Wallet’s CEO, Max Shin, stated that introducing VNX Gold, VNX Euro, and VNX Swiss Franc reflects their commitment to meeting users’ evolving needs and empowering investors to explore new opportunities in the global market.

Read Also: VNX and Lambda256 Partner to Develop Global Security Token Offering Business