Introducing the ESR INDEX Exchange

INDEX EXCHANGE
INDEX Exchange official blog
3 min readAug 7, 2020

Hello, we are Indicators of Global Digital Assets, INDEX Exchange.

In our first posting today, we will introduce a brief introduction to our index exchange, and we will introduce the regulatory contents and future schedules that are currently being prepared around the exchange.

INDEX EXCHANGE?

Our ESR INDEXEX is a holding company of ESR Group, ESR HOLDINGS, which was launched to play a role as an indicator of digital assets (INDEX). The official exchange opening is May 19, when the beta test opening was held, and the beta test period will be held until August 31. Currently, only eight coins, including Bitcoin and Ethereum, are listed to improve bugs and errors in the exchange solution, and a large number of coins will be listed in the future.

Strength of index exchange

First, based on our experience in building the mainnet, our index exchange utilizes a strong security-provoking cold wallet and a distributed core structure for asset protection and efficient operation of deposit and withdrawal time. In addition, the index exchange began with the goal of becoming a leading exchange in the global market as well as in Korea.

Emerging markets in FinTech, with Indonesia at the head

In particular, Indonesia is the area that our ESR group cares about.Indonesia has responded quickly to the quantification of virtual assets through legislation of virtual assets more than any other country in the world, and many virtual asset founders have come out, and the people are also interested in emerging pin tech business.

Index Exchange Acquires Indonesian License

Currently, there is Upbit Indonesia in the korean exchange that has licensed in Indonesia, and our index exchange has also focused on the ESR Holdings business in Indonesia to obtain such license, and it is the only exchange that has licensed in Indonesia except upbit among korean exchanges. In particular, senior positions from the Indonesian Futures Products Regulatory Office (BAPPEBTI) are participating as advisors to our index exchange, and virtual asset business in Indonesia is expected to accelerate with the official service of the exchange, along with business support from the ESR group.

In this part, a brief introduction to the index exchange was the main part. In the next part, will go over about ESR coin of the ESR group, the mother group of the Index exchange.

Thank you.

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