Crypto News – Retail investors can now trade in the BTC/USD and ETH/USD trading pairings, according to HashKey Exchange, the first virtual asset platform to be approved by the Hong Kong Securities Regulatory Commission.
Licensed HashKey Exchange Announces BTC/USD and ETH/USD Trading Pairs Now Available for Retail Traders
Additionally, according to HashKey Exchange, users who want to exercise any voting rights over virtual assets must remove those assets from the platform because the company does not act as the users’ proxy while voting.
On the other hand, as soon as Hong Kong announced that individuals could now trade cryptocurrencies, HashKey Exchange and a large number of other well-known businesses, including OKX, Huobi, BitMEX, and others, applied right away for a license. To provide trading services to individual investors, HashKey has become the competitor with the quickest turnaround times for class 1 and class 7 licenses.
What can be Traded on the HashKey Exchange?
BTC, ETH, USDT, and USDC are among the coins that can be exchanged on HashKey Exchange, and only spot trading is permitted. This is consistent with Hong Kong’s stringent licensing requirements, which restrict the number of coins that can be listed to a restricted number, mostly large-cap coins like BTC, ETH, BCH, LTC, etc.
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