As a seasoned researcher with extensive experience in the digital asset market, I’m particularly interested in this announcement from HashKey Global regarding their official launch of futures trading. Regulatory approval is a significant milestone for any exchange, especially in the context of the crypto industry where concerns around unregulated trading platforms and counterparty risk have long been a topic of debate.
Bermuda, Bermuda, June 19th, 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 the potential of up to 10x leverage. To celebrate the launch, HashKey Global will host a limited-time futures trading campaign and a “100% Invitation Rebate on Futures” event. Participants can earn HSK rewards by engaging in futures trading or by inviting friends to trade. HashKey Global aims to provide a secure and user-friendly trading experience, setting a new standard in the “licensed futures” market.
Act As A Platform, Not A Counterparty
In the dynamic and growing crypto market, futures trading, which is a more advanced form of derivatives dealing, garners substantial interest. Yet, this sector faces considerable challenges due to inadequate regulation. Consequently, concerns such as platforms betraying client trust by trading against them and abusive practices leading to substantial consumer losses persist. These issues have been widely condemned within the global crypto community for quite some time.
HashKey Global, under the regulatory oversight of Bermuda Monetary Authority (BMA), focuses on resolving these concerns by maintaining a distinct storage system for client assets and data. The company refrains from participating in trading activities against its customers, thereby minimizing the chances of price manipulation and potential customer losses.
As a researcher studying the crypto industry, I’ve noticed that in recent years, this sector has undergone frequent disruptive events in the derivatives market. The longing for a licensed exchange to facilitate futures trading has been echoed throughout the industry. HashKey Global, led by Managing Director Ben El-Baz, is poised to address this need with regulatory approval and the official launch of futures trading. Our team is committed to delivering an advanced and effortless trading interface, ensuring a secure and regulated asset environment. By providing a top-notch futures trading experience, we aim to redefine the market landscape through ‘licensed futures trading’.
Futures Trading Campaign with 100% Invitation Rebate
Beginning on June 19, HashKey Global will commence its futures trading platform. To start, it will offer BTC/USDT and ETH/USDT trading pairs, while holding the possibility of providing a maximum leverage of up to 10 times.
As a researcher studying the upcoming futures trading campaign, I can share that the initiation of this phase is set for June 19 at 0:00 UTC+0. Participants engaging in futures trading become eligible to partake in our liquidity mining program, where collectively we strive towards a prize pool worth millions of HSK rewards. For every 1,000 USDT traded, users will receive a reward of 0.3 HSK. Moreover, those utilizing the API for their transactions have an additional opportunity to vie for weekly rankings in terms of transaction volume. The top achievers in this category stand to win up to 300,000 HSK.
As an analyst, I would explain it this way: HashKey Global is initiating a new promotion called “100% Invitation Rebate on Futures Trading.” Throughout this campaign, users who invite others to join perpetual futures trading (excluding API transactions) will earn 100% of the transaction fees produced by their referred users as a reward. The rebate amount will be transformed into HSK and dispersed according to the specifications of the promotion.
Taking part in the initiative is governed by the relevant rules and regulations. Further information can be found on the campaign bulletin and HashKey Global’s campaign site.
About HashKey Global
As a researcher studying the digital asset exchange market, I can tell you that HashKey Global is a prominent player under HashKey Group, known for its global digital asset trading services. With a license granted by the Bermuda Monetary Authority, HashKey Global offers an expansive range of products and services to users around the world. Some of these include mainstream trading features like LaunchPad, contracts, and leverage trading.
For more details, users can visit global.hashkey.com
Users can follow HashKey on Twitter, Discord, and Instagram.
As a researcher studying the details of this event, I want to clarify that attending this event does not automatically grant eligibility, acceptance, or receipt of any rewards, benefits, or incentives. HashKey Global holds the authority to establish specific criteria, requirements, and limitations for participation. Moreover, they reserve the right to exclude certain individuals or entities from participating in the event. Furthermore, HashKey Global retains the discretionary power to modify, cancel, or alter the eligibility of any participant, as well as the entire event itself, at any given moment without prior notice or liability.
To the greatest extent possible under the law, HashKey Global, along with its related entities, associates, and personnel, disclaim any liability for any type of damages or losses incurred by event participants. This includes, but is not limited to, damages or losses resulting from the loss of funds, profits, businesses, potential profits, data, or reputation.
HashKey Global reserves the ultimate discretion regarding the rules and rewards of the event.
Caution Regarding HSK:
Contact
Senior PR Manager
Luna
HashKey Global
luna.wang@hashkey.com
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2024-06-19 08:52