HashKey Global has proudly announced the launch of its futures trading, ushering in a transformative period for the concept of 'Licensed Futures Trading'.
Chainwire
original article for precise information. HashKey Global has announced that it received the necessary regulatory green light to commence its futures trading operations officially. Initially, the trading platform will enable trading for BTC and ETH, offering up to 10 times leverage. To celebrate this launch, HashKey Global has planned a limited-time futures trading promotion along with a program called '100% Invitation Rebate on Futures', where participants can earn HSK rewards by trading or by inviting others to join. The company is committed to delivering a safe and intuitive trading environment, aiming to elevate the standards of the 'licensed futures' market.
Bermuda, Bermuda, June 19th, 2024, Chainwire
Futures trading is a well-established form of derivatives trading that has become increasingly sought after in the cryptocurrency ecosystem. However, the sector has faced considerable challenges due to a lack of effective regulatory oversight, leading to issues such as platforms engaging in unfair trading practices against users and the prevalence of abusive trading that results in significant losses. The global cryptocurrency community has voiced ongoing concerns about these practices.
HashKey Global, under the regulation of the Bermuda Monetary Authority (BMA), aims to tackle these prevalent issues by ensuring the safe segregation of customer assets and data. The platform commits to not participating in counterparty trading with its users, which significantly mitigates risks associated with price manipulation and user losses.
Ben El-Baz, the Managing Director of HashKey Global, remarked, 'In recent years, we have seen considerable upheaval within the derivatives market of the crypto industry. There has been a long-standing demand for a licensed exchange that can offer futures trading. With regulatory approval now in hand and the launch of futures trading, HashKey Global is set to provide an advanced and user-friendly trading interface within a secure, regulated asset environment. Our aim is to offer a premier futures trading experience and transform the market landscape by introducing 'licensed futures trading'.
Futures Trading Promotional Campaign Featuring 100% Invitation Rebate
On June 19, HashKey Global will formally commence its futures trading services, initially offering BTC/USDT and ETH/USDT pairs with the opportunity for up to 10x leverage.
The first phase of the futures trading campaign is also set to begin on June 19 at 00:00 (UTC+0). Users engaging in futures trading will have the chance to participate in a liquidity mining initiative that allows them to tap into a prize pool filled with millions of HSK rewards, thereby maximizing their asset potential. For every 1,000 USDT traded, users will earn 0.3 HSK, and those who trade via API can vie for weekly volume rankings, with top rewards reaching up to 300,000 HSK.
Furthermore, HashKey Global is rolling out a promotional campaign offering a '100% Invitation Rebate on Futures Trading'. During this promotional phase, users will earn back 100% of the transaction fees incurred by those they invite for perpetual futures trades (non-API transactions) as a rebate in HSK, distributed as per the campaign guidelines.
Engagement in this campaign is contingent upon certain terms and conditions. For further information, users are encouraged to consult the relevant campaign announcement. Licensed digital asset exchange HashKey Global
Act As A Platform, Not A Counterparty
HashKey Global stands as a prominent digital asset exchange under HashKey Group, delivering licensed trading solutions to a global audience. The platform has secured a license from the Bermuda Monetary Authority, positioning itself to offer mainstream trading services along with products like LaunchPad, contracts, and leveraged trading.
campaign page on HashKey Global.
About HashKey Global For more details, users can visit , global.hashkey.com Users can follow HashKey on Twitter .
Disclaimer: HashKey Global operates as a digital asset trading platform through HashKey Bermuda Limited, under a Type F license authorized by the Bermuda Monetary Authority. This information should not be construed as an offer, solicitation, or endorsement of any investment products. Engaging in the trading and investment of virtual assets carries intrinsic risks. HashKey Global does not provide services to users from Hong Kong, the United States, mainland China, or other specific jurisdictions as per applicable laws and regulations. Please note that certain services, offerings, and promotional events may not be accessible in your area.
Participation in this event does not guarantee eligibility, acceptance, or receipt of any rewards or incentives. HashKey Global reserves the right to set criteria, requirements, or limitations for participation and retains the authority to exclude individuals or entities from event involvement. The company also reserves the right to amend, modify, or terminate the event or participant eligibility at any time without prior notice or liability.
To the maximum extent allowed by law, HashKey Global, along with its affiliates, partners, and employees, will not be liable for any direct, indirect, incidental, consequential, or special damages that may arise from a participant's involvement in this event, including potential losses concerning funds, profits, business interests, data, or reputation.
HashKey Global retains ultimate authority over the rules and rewards associated with the event.
RISK WARNING REGARDING HSK: Please be advised that HSK is not presently listed on any exchange, and there are no assurances regarding its potential listing in the future. Consequently, HSK currently lacks an established market value. The timeframe for HSK's prospective listing remains ambiguous. Should HSK eventually attain a listing, it may be subjected to various trading constraints in accordance with applicable laws and regulations, which could include limitations on trading to eligible professional investors residing in specified locations and contingent upon regulatory approval. The value of HSK is highly volatile and may experience substantial fluctuations due to various market dynamics and factors independent of HashKey Global's influence. Neither HashKey Global nor its affiliates offer any guarantees, either expressed or implied, concerning HSK or any associated rewards and disclaim any associated liabilities.
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