> For the complete documentation index, see [llms.txt](https://tokend.gitbook.io/product-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tokend.gitbook.io/product-guide/admins/system-assets-management/system-asset-issuance.md).

# System asset issuance

The process of token issuance can be classified as the process of distribution of the pre-issued tokens. It is performed either manually by the admin or automatically.

### Manual issuance <a href="#manual-issuance" id="manual-issuance"></a>

Only available to admins with the **asset manager** and **issuance manager** [rights](/product-guide/admins/admin-account-management/rights-of-admins-on-the-platform.md).

Manual issuance implies that the admin transfers the specified amount of tokens on the wallets of certain users. The admin flow is the following:

Step 1. In the navigation bar, go to **System assets**\
Step 2. Go to the **Issuance** tab\
Step 3. In the **Receiver** box, type the email of the receiver *(be sure that the receiver has the right to operate with the specific asset you are sending him. **Example:** if the token has a **Requires KYC** property, then only users who passed the KYC* *procedure will be able to operate with this token.)*\
Step 4. In the **Reference** box, type the description of the issuance\
Step 5. In the **Asset** list, select the asset you will be issuing\
Step 6. In the **Amount** box, enter the amount of issuance\
Step 7. Click **Issue**\
Step 8. In the dialogue box, click **Submit**

***Note:** the tokens will not be issued in case a user didn’t* [*add it to their wallet*](/product-guide/user-guide/wallet/add-the-token-to-your-wallet.md)*.*

### Automatic issuance <a href="#automatic-issuance" id="automatic-issuance"></a>

Automatic issuance takes place when a user deposits a certain amount of the currency on the platform and in return receives tokens backed by this currency directly from the pre-issued amount, automatically.

#### Example <a href="#example" id="example"></a>

You have created the ETH-backed system asset and pre-issued 100 tokens of this system asset (Note: what you’ve pre-issued are not the real ETH coins but just tokens backed by the actual 100 ETH coins that the owner of the platform keeps in some safe place – a cold storage, for example.

When a user deposits 1 ETH coin on the tokenization platform, this coin is being transferred to the ‘safe place’, while the user is being given a 1 ETH-backed token that’s been issued to him/her directly from the pre-issuance.