HashKey Starts Offering Bitcoin and ETH Trading to Retail Investors in Hong Kong
On August 28, HashKey, an SFC-licensed exchange platform, launched Bitcoin and Ethereum trading services for both institutional and retail clients.
The company is considering offering leveraged and derivative products, subject to regulatory approval.
In regards to integrating fiat currencies, HashKey is in talks with several major Hong Kong banks to incorporate both HKD and USD.
Furthermore, the platform is in the process of collaborating with brokers to offer access to cryptocurrency trading.
With the intention of minimizing the risks for inexperienced investors, HashKey is introducing an investor rating system to evaluate their experience.
The system will also issue risk warnings and restrict trading activity when users exceed the 30% threshold of the AUM of investments in cryptocurrencies.