HashKey COO Livio Weng told The Block that the exchange will only offer bitcoin and ether trading for retail customers at first.
Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.HashKey Exchange, an Asia-based cryptocurrency exchange, is set to start offering crypto trading services to retail clients starting from Aug. 28, its executive said.
Weng added that both the company and Hong Kong’s financial regulator hold a more prudent approach toward offering retail trading services. “We’re looking to offer crypto trading services directly to investors on these brokerage’s platforms,” Weng said. “This could potentially bring in tens of millions of users who trade Hong Kong stocks on these platforms.”HashKey requires users to link their bank cards to deposit via fiat currency with the exchange. “We’ll support deposits made in Hong Kong dollars and U.S. dollars,” Weng said.
Unlike its neighboring Hong Kong — which is actively developing the crypto and Web3 industries — China banned all crypto transactions on the mainland in September 2021.
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