As an analyst with extensive experience in the cryptocurrency market and derivatives trading, I am thrilled to see HashKey Global’s announcement of regulatory approval from the Bermuda Monetary Authority (BMA) to launch its Bitcoin (BTC) and Ethereum (ETH) futures trading platform. HashKey Global’s commitment to regulatory compliance and best practices is a breath of fresh air in an industry that has faced criticism for lacking transparency and security.
HashKey Global has received the green light from the Bermuda Monetary Authority (BMA) to debut its futures trading platform. To begin with, this platform will facilitate futures transactions for Bitcoin (BTC) and Ethereum (ETH). Leverage of up to 10 times will be available for users.
Hashkey Global Rolls Out Bitcoin & Ethereum Futures Trading
To commemorate this achievement, HashKey Global is introducing a time-limited futures trading campaign in conjunction with a “100% Invitation Rebate on Futures” offer. Additionally, they will offer chances for users to collect HSK rewards either through trading actions or by inviting new members to their platform.
Derivatives trading through futures contracts is a widely used practice in the cryptocurrency sector. Yet, due to the absence of strict regulations, concerns such as platforms betraying their clients’ trust and abusive trading behaviors have arisen, leading to substantial financial losses for investors. These unscrupulous practices have sparked strong criticism from the international crypto community.
As an analyst at HashKey Global, I can tell you that our top priority is addressing industry challenges by adhering to rigorous regulatory requirements and implementing robust best practices to safeguard user assets and data. We ensure the separate storage of clients’ assets and information to maintain independence and security. Moreover, we abstain from engaging in trading activities with our users to eliminate counterparty risk and shield them from potential market manipulation and losses.
Ben El-Baz, HashKey Global Managing Director, underscored the importance of having a regulated platform for trading crypto derivatives. He noted, “The crypto sector has seen numerous disruptive events in the derivatives market over the past few years. The industry has been eagerly anticipating the launch of a licensed exchange to offer futures trading.”
As a researcher, I can share that El-Baz further mentioned, “Upon regulatory approval and the commencement of futures trading, HashKey Global will offer an advanced and effortless trading platform and a secure, regulated asset ecosystem. Our goal is to present an exceptional futures trading experience and revolutionize the market with ‘authorized futures trading.'”
Terms Of Launch & Campaign Rewards
As a crypto investor, I’m excited to share that starting from June 19, HashKey Global will officially unveil its futures trading platform. This new feature will offer me trading pairs for BTC/USDT and ETH/USDT, along with the opportunity to leverage my positions up to 10 times. The initial phase of the futures trading campaign kicks off at 0:00 (UTC+0) on that same day. During this period, I can participate in liquidity mining activities, giving me a chance to claim a sizable reward pool of millions of HSK tokens. By engaging in these activities, I’ll be able to boost the worth of my trades.
Users will receive 0.3 HSK for every $1,000 worth of USDT they trade. API traders can participate in weekly volume competitions, with the highest rewards reaching up to 300,000 HSK. Furthermore, HashKey Global’s “Invitation Rebate on Futures Trading” campaign allows users to keep 100% of the transaction fees generated by their invited users for perpetual futures trades (excluding API transactions) as a reward.
These rebates will be transformed into HSK units and distributed based on the campaign rules. To ensure security and convenience for traders, HashKey Global introduces a regulated futures trading platform. Furthermore, this platform sets a new benchmark in the licensed futures market.
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2024-06-19 10:20