HashKey Global Launches Bitcoin & Ethereum Futures Trading After Regulatory Approval
HashKey Global has received regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. Initially, it will offer futures trading for Bitcoin (BTC) and Ethereum (ETH) with leverage options of up to 10x.
Secure and Regulated Trading Environment
Futures trading is a popular form of derivatives trading in the cryptocurrency market. However, the lack of stringent regulations has often led to issues like platforms trading against their clients and abusive trading practices, causing significant losses for investors. To address these challenges, HashKey Global aims to ensure stringent regulatory compliance and adopt best practices to protect user assets and data.
The platform guarantees the independent storage of customer assets and data and strictly refrains from counterparty trading with its users. This approach minimizes the risk of price manipulation and safeguards customers from potential losses.
A Need for Regulated Exchange
Ben El-Baz, Managing Director of HashKey Global, emphasized the crucial need for a regulated exchange in the crypto derivatives market. He stated,
"In recent years, the crypto industry has frequently experienced significant disruptions in the derivatives market. The crypto industry has long awaited a licensed exchange to provide futures trading."
He further added,
"With regulatory approval and the official launch of futures trading, HashKey Global will provide a sophisticated and seamless trading interface and a secure, regulated asset environment. We aim to deliver a world-class futures trading experience and reshape the market landscape with ‘licensed futures trading.’"
Terms of Launch & Campaign Rewards
The official launch of HashKey Global’s futures trading platform is set for June 19, featuring BTC/USDT and ETH/USDT trading pairs with leverage options up to 10x. Alongside the launch, the first phase of the futures trading campaign will start at 00:00 (UTC+0) on June 19.
Participants can engage in liquidity mining activities and share a prize pool of millions of HSK rewards, maximizing the potential value of their trades. For example, users will earn 0.3 HSK for every 1,000 USDT traded.
API traders can compete in weekly volume rankings, with top prizes reaching up to 300,000 HSK. Additionally, HashKey Global’s “100% Invitation Rebate on Futures Trading” campaign offers users 100% of the transaction fees generated by their invited users on perpetual futures trades (excluding API transactions) as a rebate reward.
These rebates will be converted into HSK and distributed according to the campaign guidelines. By launching its regulated futures trading platform, HashKey Global aims to provide a secure and user-friendly trading environment, setting a new standard in the licensed futures market.
Keywords: HashKey Global, futures trading, Bitcoin, Ethereum, derivatives trading, regulatory approval, Bermuda Monetary Authority, leverage options, customer protection, liquidity mining, HSK rewards, secure trading environment.
