Regulation
Hashkey Introduces Bitcoin and Ethereum Futures Trading After Regulatory Consensus
HashKey Global announced that it has received regulatory approval from the Bermuda Monetary Authority (BMA) to officially launch its futures trading platform. Initially, the platform will offer futures trading Bitcoin (BTC) and Ethereum (ETH) with leverage options up to 10x.
Hashkey Global Launches Bitcoin and Ethereum Futures Trading
To celebrate this milestone, HashKey Global is launching a limited-time futures trading campaign along with a “100% Off Futures Call” promotion. Furthermore, it will provide participants with the opportunity to earn HSK rewards through trading activities or by referring new users to the platform.
Futures trading is an established form of derivatives trading that sees significant demand in the cryptocurrency market. However, the lack of stringent regulations has often led to problems such as platforms trading against their customers and abusive trading practices, which have caused substantial losses to investors. Furthermore, these illicit practices have attracted considerable criticism from the global crypto community.
Therefore, HashKey Global aims to address these industry challenges by ensuring strict regulatory compliance and adopting best practices to protect user assets and data. The platform ensures independent storage of customer assets and data. Furthermore, it strictly refrains from counter-party trading with its users. This approach minimizes the risk of price manipulation and protects clients from potential losses.
Ben El-Baz, global CEO of HashKey, highlighted the critical need for a regulated exchange in the crypto derivatives market. He stated: “In recent years, the cryptocurrency industry has often experienced significant disruptions in the derivatives market. The cryptocurrency industry has long been waiting for a licensed exchange to provide futures trading.”
Furthermore, El-Baz added, “With the regulatory approval and official launch of futures trading
, HashKey Global will provide a sophisticated, seamless trading interface and a safe, regulated asset environment. Our goal is to provide a world-class futures trading experience and reshape the market landscape with “licensed futures trading”.
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Campaign launch terms and rewards
HashKey Global’s futures trading platform is scheduled to officially launch on June 19, with BTC/USDT and ETH/USDT trading pairs with leverage options of up to 10x. At the same time, the first phase of the futures trading campaign will begin at 00:00 (UTC+0) on June 19. During this campaign, participants can engage in liquidity mining activities and share a prize pool of millions of HSK rewards, thus maximizing profit. potential value of their operations.
Specifically, users will earn 0.3 HSK for every 1,000 USDT traded, while API traders can compete in weekly volume leaderboards, with maximum rewards reaching 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.
Additionally, these discounts will be converted into HSK and distributed according to the campaign guidelines. Launching its regulated futures trading platform, Global HashKey aims to provide a safe and easy-to-use trading environment. Additionally, the company is setting a new standard in the licensed futures market.
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