Bermuda, Bermuda, June 19, 2024, Chainwire
Licensed digital asset exchange HashKey Global announces that it has received regulatory approval to officially commence futures trading. In the initial phase, the platform will support BTC and ETH with leverage potential of up to 10x. To celebrate the launch, HashKey Global will host a limited-time futures trading campaign and a “100% Futures Invitation Discount” event. Participants can earn HSK rewards by engaging in futures trading or by inviting friends to trade. HashKey Global aims to provide a secure and user-friendly trading experience, setting a modern standard in the “licensed futures” market.
Act as a platform, not a contractor
As a mature type of derivatives trading, futures trading enjoys huge demand in the cryptocurrency market. However, due to the lack of effective regulation in the market, widespread problems remain, such as platforms trading against their customers and trading abuses causing significant losses to consumers. These practices have long been criticized by the global crypto community.
Regulated by the Bermuda Monetary Authority (BMA), HashKey Global aims to address these issues by ensuring separate and independent storage of customer assets and data. The platform does not trade with counterparties to customers, which reduces the risk of price manipulation and customer losses.
Ben El-Baz, Managing Director of HashKey Global, stated: “In recent years, the cryptocurrency industry has often experienced significant disruptions in the derivatives market. The cryptocurrency industry has been waiting for a long time for a licensed exchange enabling futures trading. Following regulatory approval and the official launch of futures trading, HashKey Global will provide a sophisticated and seamless trading interface and a protected, regulated asset environment. Our goal is to provide a world-class futures trading experience and transform the market landscape with “licensed futures trading”.
Futures trading campaign with 100% invite discount
HashKey Global futures trading will officially launch on June 19, initially supporting BTC/USDT and ETH/USDT trading pairs with up to 10x leverage potential.
The first phase of the futures trading campaign will also start on June 19 at 00:00 (UTC+0). Users participating in futures trading can join the liquidity mining business to share a prize pool of millions of HSK rewards, maximizing the potential value of their assets. Users will earn 0.3 HSK for every 1,000 USDT they sell, and those who trade via the API can compete for weekly trading volume rankings, with top prizes reaching up to 300,000 HSK.
Additionally, HashKey Global is launching a “100% Discount for Invitation to Futures Trading” campaign. During the promotion period, users will receive 100% of the trading fees generated by invited users on perpetual futures trades (non-API trades) as a rebate reward. The discount will be converted into HSK and distributed according to the campaign rules.
Participation in the campaign is subject to applicable terms and conditions. For detailed information, users can refer to the campaign announcement and campaign page on HashKey Global.
About HashKey Global
HashKey Global is one of the flagship global digital asset exchanges under the HashKey Group, offering licensed digital asset trading services to users worldwide. HashKey Global has been licensed by the Bermuda Monetary Authority with the potential to provide core trading and service products such as LaunchPad, contracts and leveraged trading.
For more information, users can visit global.hashkey.com
Users can follow HashKey on Twitter, Discord and Instagram.
Reservation: HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under an F license from the Bermuda Monetary Authority. This information does not constitute an offer, invitation or recommendation regarding any investment product. Investing and trading virtual assets involves risk. HashKey Global does not serve users from Hong Kong, the United States, Mainland China and certain other jurisdictions in accordance with laws and regulations. Some services, features and campaigns may not be available in your jurisdiction.
Participation in this event does not guarantee eligibility, acceptance or receipt of any prizes, benefits or incentives. HashKey Global may impose certain criteria, requirements or restrictions on participation and reserves the right to refuse or disqualify any person or entity from participating in the event. Hashkey Global reserves the right to change, modify or cancel the event or the eligibility of any participant at any time in its sole discretion, including due to internal control, system issues or other circumstances, without prior notice or liability.
To the fullest extent permitted by law, HashKey Global, its affiliates, partners and employees shall not be liable for any direct, indirect, incidental, consequential or special damages arising from an attendee’s participation in the event, including, without limitation, any loss of funds, profits, business, potential profits, data or reputation.
HashKey Global reserves complete discretion regarding event rules and prizes.
HSK RISK WARNING: Please note that HSK is not currently listed on any stock exchange and there is no guarantee that it will be listed in the future. As a result, HSK currently has no established market value. The timetable for a potential listing of HSK on the stock exchange remains uncertain. In the event of a successful listing, HSK may be subject to various trading restrictions in accordance with applicable laws and regulations. These restrictions may include, but are not narrow to, limiting trading of HSK to authorized professional investors only in selected locations and subject to regulatory approval. The value of HSK is subject to significant risk and may decline or fluctuate significantly in response to various market conditions and other factors beyond HashKey Global’s control. HashKey Global and its affiliates make no warranties, express or implied, with respect to HSK or any Rewards and disclaim any and all liability relating thereto.
contactSenior PR managerGlowGlobal HashKeyluna.wang@hashkey.com
