Bermuda, Bermuda, June 19, 2024, Chainwire
Licensed digital asset exchange HashKey Global announces that it has received regulatory approval to officially launch its futures trading. In the initial phase, the platform will support BTC and ETH with up to 10x leverage potential. To celebrate the launch, HashKey Global will host a limited-time futures trading campaign and “100% Futures Invitational Rebate” event. Participants can earn HSK rewards by participating in futures trading or inviting friends to trade. HashKey Global aims to provide a secure and easy-to-use trading experience, setting a new standard in the “licensed futures” market.
Act as a platform, not a counterparty
As a mature type of derivatives trading, futures trading is in high demand in the crypto market. However, due to the lack of effective regulation, there are still widespread problems in the market, such as platforms trading against their customers and abusive transactions that cause significant losses to consumers. These practices have long been criticized by the global crypto community.
HashKey Global, regulated by the Bermuda Monetary Authority (BMA), aims to address these issues by ensuring that client assets and data are stored separately and independently. The platform does not conduct counterparty transactions with clients, reducing the risk of price manipulation and client losses.
Ben El-Baz, CEO of HashKey Global, stated: “In recent years, the cryptocurrency industry has frequently experienced significant disruptions in the derivatives market. The cryptocurrency industry has long awaited a licensed exchange to offer futures trading. With regulatory approval and the official launch of futures trading, HashKey Global will provide a sophisticated and seamless trading interface and a secure and regulated asset environment. We aim to offer a world-class futures trading experience. reshape the market landscape with 'licensed futures trading'.”
100% Invitational Rebate Futures Trading Campaign
HashKey Global futures trading will officially launch on June 19 and will initially support BTC/USDT and ETH/USDT trading pairs with up to 10x leverage potential.
The first phase of the futures trading campaign will also begin on June 19 at 00:00 (UTC+0). Users participating in futures trading can join the liquidity mining activity to share a prize pool of millions of HSK rewards, maximizing the potential value of their assets. Users will earn 0.3 HSK per 1,000 USDT traded, and those trading via API can compete for weekly trading volume rankings, with top prizes reaching up to 300,000 HSK.
Additionally, HashKey Global is launching a “100% Invitational Refund on Futures Trading” campaign. During the promotion period, users will receive 100% of the transaction fees generated by their invited users in perpetual futures trading (non-API transactions) as a cashback reward. The refund will be converted to HSK and distributed according to the campaign rules.
Participation in the campaign is subject to the applicable terms and conditions. For more information, users can refer to the campaign announcement and the campaign page on HashKey Global.
About HashKey Global
HashKey Global is one of the leading global digital asset exchanges of the HashKey Group and offers licensed digital asset trading services to users around the world. HashKey Global has obtained a license from the Bermuda Monetary Authority with the potential to provide mainstream trading and service products such as LaunchPad, contracts and leverage trading.
For more details, users can visit global.hashkey.com
Users can follow HashKey on Twitter, Discord, and Instagram.
Disclaimer: HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Type F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation or recommendation for any investment product. Investing in and trading virtual assets involves risks. HashKey Global does not provide services to users from Hong Kong, the United States, Mainland China and other jurisdictions in accordance with laws and regulations. Certain services, features and campaigns may not be available in your jurisdiction.
Participation in this event does not guarantee eligibility, acceptance or receipt of rewards, benefits or incentives. HashKey Global may impose certain criteria, requirements or limitations for participation and reserves the right to deny or disqualify individuals or entities from participating in the event. Hashkey Global reserves the right to make changes, modify or cancel the event or the eligibility of any participant at any time in its sole discretion, including due to internal control, system issues or other circumstances, without prior notice or liability.
To the maximum extent permitted by law, HashKey Global, its affiliates, partners and employees shall not be liable for any direct, indirect, incidental, consequential or special damages arising from the participant's participation in the event, including, but not limited to, any loss of funds, profits, business, potential profits, data or reputation.
HashKey Global reserves the utmost discretion regarding event rules and rewards.
HSK RISK WARNING: Please note that HSK is not currently listed on any exchange and there is no guarantee that it will do so in the future. Therefore, HSK currently has no established market value. The timeline for HSK's potential IPO remains uncertain. In the event of successful listing of HSK, it may be subject to various trading restrictions in accordance with applicable regulations and laws. These restrictions may include, but are not limited to, limiting trading of HSK to only eligible professional investors in selected locations and subject to regulatory approval. The value of HSK is subject to substantial risk and may decline or fluctuate significantly in response to various market conditions and other factors outside of HashKey Global's control. HashKey Global and its affiliates make no warranties, express or implied, regarding HSK or any rewards and disclaim any liability related thereto.
ContactSenior Public Relations ManagermoonGlobal HashKey[email protected]
This article was originally published on Chainwire.
