Hong Kong-licensed HashKey Exchange to offer MATIC, AVAX to professionals

August 29, 2023 05:21 AM AEST | By Invezz

Hong Kong-licensed HashKey Exchange to offer MATIC, AVAX to professionals — Image source: Invezz

HashKey officially launches

The HashKey Exchange was officially launched at a ceremony held at the Maritime Museum Central, Hong Kong. Several high-profile figures graced the occasion, including Joseph Chan Ho-lim, JP, Undersecretary for Financial Services and the Treasury, Dr. XIAO Feng, Chairman and CEO of HashKey Group and Dr. Jimmy Chiang, associate director at InvestHK.

Hong Kong’s first regulated retail crypto exchange offers a high-performance trading system capable of 5,000 transactions per second (TPS).

As noted, other features include fiat deposits and withdrawals, fiat trading pairs, licensed custody and cold and hot wallet segregation. Users will also enjoy zero trading fee in a campaign the exchange said was effective immediately. During the promotion period, traders will benefit from zero-commission trading across all the transactions

24/7 operations and strict KYC checks are also key features.

HashKey became the first virtual asset platform to receive a crypto license to offer services to retail investors after it secured Type 1 and Type 7 licenses for the Hong Kong securities regulator.

In terms of future developments, HashKey also plans to introduce institutional business solutions, including its Omnibus Account. HashKey Brokerage as well as institutional clients will tap into these for deeper trading liquidity among other experiences, the exchange said.

The post Hong Kong-licensed HashKey Exchange to offer MATIC, AVAX to professionals appeared first on Invezz.

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