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HashKey, Hong Kong’s First Licensed Virtual Asset Exchange, Opened Trading Today!

Validated Project

On August 28, 2023, a milestone moment is coming! HashKey Exchange, the first licensed retail virtual asset exchange in Hong Kong, officially opens trading with the issuance of exciting HSK native token. Let’s explore this compelling platform together.

More convenient to buy coins and more secure to deposit coins

The core purpose of HashKey Exchange is “more convenient to buy coins and more secure to deposit coins”. In an increasingly digital world, there is an increasing demand for virtual assets, and HashKey exchanges were born to meet this demand. Users can easily meet this need to purchase virtual assets on the ground, while enjoying safe and reliable storage guarantees.

HashKey makes full use of the deposit support of local banks in Hong Kong, providing users with an extremely convenient way to circulate funds. You can exchange dollars between your local bank account and HashKey exchange at will. It is worth mentioning that HashKey Exchange has established a close partnership with ZA Bank Limited. This means that the integration of more bank operations is underway, which will further expand the range of choices for users and improve the quality of services. HashKey Exchange, where all client funds are fully protected by institutional asset custody services. This means that the user’s funds will be safely stored with a professional custodian, completely isolated from the exchange’s operations, to ensure that the user’s assets always receive the highest level of protection.

HashKey Exchange provides users with a convenient way to trade fiat currency. Users can easily realize the withdrawal of US dollars and Hong Kong dollars, providing more convenience for users’ transactions. If a user has a globally recognized institutional account, they can transfer funds directly to the fiat wallet of the HashKey Exchange. This function allows users to quickly complete the top-up and withdrawal of funds, eliminating tedious steps, and making the user’s trading experience more pleasant. In addition, HashKey Exchange provides users with diversified trading options. Not only can USD and virtual assets be exchanged, but also the trading pairs between USD and virtual assets are provided. In this way, users can conveniently conduct transactions of different types of assets on one platform and achieve more flexible trading strategies.

Rich currency support

HashKey Exchange is currently available in BTC, ETH and USDT, providing users with a variety of trading options. Whether you are a supporter of Bitcoin, Ethereum or Ethereum stablecoins, there is something for you here.

Guarantee of safety compliance

As a licensed retail virtual asset Exchange, HashKey Exchange has security compliance as its mission. The Exchange is licensed as a Type 1 (Securities trading) and Type 7 (Provision of automated trading) service by the Securities and Futures Commission (SFC) of Hong Kong and a Trust or Company Service Provider (TCSP) licence by the Companies Registry of Hong Kong. Users’ funds are also protected by institutional asset custody services, ensuring the safety and isolation of funds.

HSK: HashKey’s Eco-power

The highly anticipated HSK is a HashKey eco-token based on the standard ERC-20 protocol. HSK will power the entire HashKey ecosystem. In addition to being a trading platform token, the HSK license gives holders a range of privileges, including discounts on transaction fees, exclusive token preemptions, community voting rights, and various value-added services. In order to maintain the scarcity of HSK, HashKey will periodically withdraw 20% of the credit from the application business for repurchase.

A milestone in the development of Web3 in Hong Kong

The official launch of the HashKey Exchange is undoubtedly a milestone in the crypto space in Hong Kong. It extends from the primary market to the secondary market, which is of great significance to the promotion of Web3 development in Hong Kong. This compelling platform will inject new vitality into Hong Kong’s digital economy and bring even more possibilities to the global crypto community.

Look into the future

Although HashKey Exchange is not currently available for China mainland users, we believe that over time HashKey Exchange will continue to grow and expand its services to meet the needs of more users. For partners who meets the condition of HK $8 million, they are about to complete KYC, and get 500 HSK rewards. The future of HSK will be immeasurable.

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