HashKey Exchange Becomes First Licensed Retail Crypto Trading Platform in Hong Kong

Hong Kong, 3 August 2023 – HashKey Alternate has introduced the official improve of its Kind 1 and Kind 7 licences, changing into the primary licensed digital asset trade for retail customers in Hong Kong. This important milestone marks a brand new period within the area’s cryptocurrency panorama.

License Improve and Growth

Beforehand holding Kind 1 and Kind 7 licences, HashKey Alternate underwent a simplified course of to acquire the licence improve. This enables the platform to develop its companies from skilled buyers to retail customers, addressing the market’s want for a licensed platform that provides a safe and simple course of for purchasing and storing cryptocurrencies.

The COO of HashKey Group, Livio Weng, said: “With the institution of licensed buying and selling platforms and the additional readability of regulatory frameworks in Hong Kong, the business as an entire will witness elevated transparency, resulting in a major increase in investor confidence.”

Safety Measures

Safety stays a paramount concern for HashKey Alternate. The platform has carried out multi-layered safety of consumer belongings, with 98% of funds saved in chilly storage and a pair of% in scorching wallets. Common audits and compliance inspections are performed by the Large 4 auditing companies, reinforcing its fame as one of the vital safe exchanges globally.

New Companies and Partnerships

Along with supporting fiat foreign money deposits and withdrawals, HashKey Alternate has launched its digital asset over-the-counter (OTC) buying and selling service, HashKey Brokerage, the primary compliant OTC buying and selling platform in Hong Kong. The platform has additionally partnered with Customary Chartered Financial institution to boost fiat foreign money deposit and withdrawal companies.

Group Growth and Pre-Registration

Not too long ago, HashKey Alternate has onboarded over ten senior professionals to collaborate with high monetary consultants in Hong Kong, guaranteeing distinctive product high quality and consumer expertise. The trade has additionally opened pre-registration, providing rewards with HashKey EcoPoints (HSK) and planning a grand ceremony in August to have a good time this milestone.

About HashKey Alternate

HashKey Alternate is a Hong Kong Securities and Futures Fee (SFC) licensed digital asset trade working below Hash Blockchain Restricted in Hong Kong. With ISO 27001 and ISO 27701 certifications, the trade goals to set the usual for digital asset exchanges in compliance, security, and safety.

Picture supply: Shutterstock

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