Licensed Digital Asset Exchange HashKey Global Announces Regulatory Approval to Officially Launch its Futures Trading
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Advertisement     HashKey Global, a flagship digital assets exchange under HashKey Group, is elated to announce it has received the long-awaited regulatory approval to officially launch its futures trading. HashKey Global is now regulated by the Bermuda Monetary Authority (BMA), which aligns with its compliance goals, which seek to safeguard user assets. HashKeny Global’s operations strictly adhere to regulatory requirements, security, and best audit practices to provide its users with compliant digital asset trading services. The current futures trading market has been set back by numerous challenges, including platforms trading against their customers and abusive trading that has become rampant recently. The new licensing sets HasKey Global apart from its counterparts, addressing these challenges to ensure customer assets are stored separately and independently. HashKey Global futures trading is set to officially launch on June 19th, 2024, at 00:00 (UTC+)). The futures trading will initially offer support for BTC/USDT and ETH/USDT trading pairs with the potential of up to 10x leverage. Notably, HashKey Global has organized different campaigns to reward users who participate in future trading. The first incentive campaign is a prize pool that offers millions of HSK rewards. For every 1000 USDT traded in the liquidity mining activity, users will earn 0.3 HSK, the platform’s native token. Users trading through the API will be eligible for a 300,000 HSK prize pool to reward traders based on their weekly transaction volume rankings. In addition, the team behind the project also plans to launch a campaign dubbed the “100% Initiation Rebate of Futures Trading” campaign. The campaign will reward referees 100% of the transaction fees generated by their invited users on perpetual futures trades (non-API transactions.) This rebated reward will be converted into HSK and distributed to eligible users following the campaign rules. Advertisement   Commenting on the licensing, Ben…
Filed under: News - @ June 19, 2024 11:20 pm