Bermuda

Dogecoin

Cryptocurrency

Avalanche

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/hashkey-global-expands-cryptocurrency-derivatives-offerings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">HashKey Global Expands Cryptocurrency Derivatives Offerings</a> 
In Hong Kong, one of the first exchanges to receive cryptocurrency licenses, HashKey Global, announced a significant expansion in its cryptocurrency derivatives offerings by launching new perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX). This expansion is part of the crypto exchange’s strategy to meet the growing demand for sophisticated trading tools in the market.
<h2 style="text-align: justify" id="strong-details-of-the-new-perpetual-futures-contracts-strong">Details of the New Perpetual Futures Contracts</h2>
The new perpetual futures contracts offer <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a> the opportunity to engage in leveraged trading with up to 10x leverage. All contracts are USDT-based and have a capped funding rate of +0.75% / -0.75%, with funding fees paid every eight hours. These contracts are designed to provide flexibility to investors, allowing for 24/7 trading in line with the continuous nature of the <a href="https://en.coin-turk.com/what-is-tether-usdt/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency market</a>.
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-375260" src="https://coin-turk.com/wp-content/uploads/2024/07/HashKey-Global-Altcoin.png" alt="" width="3360" height="1276">
Each contract is customized to align with the characteristics of the respective cryptocurrency. The SOLUSDT contract, based on the SOL/USDT pair, has a tick size of 0.01. In contrast, the DOGEUSDT contract, reflecting Dogecoin’s lower unit price, has a smaller tick size of 0.00001. The AVAXUSDT contract, based on the AVAX/USDT pair, shares the same 0.01 tick size as the SOLUSDT contract.
HashKey Global emphasized that these new contracts aim to meet the diverse needs of investors, offering more options and better liquidity to enhance their trading experience. The cryptocurrency exchange is committed to evolving with market trends and continuously improving its product offerings to provide a more comprehensive trading platform.
<h2 style="text-align: justify" id="strong-approval-from-bermuda-monetary-authority-strong">Approval from Bermuda Monetary Authority</h2>
In addition to the new derivatives, HashKey Global announced that it has received regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. Initially, this platform will focus on Bitcoin (BTC) and Ethereum (ETH) futures, offering up to 10x leverage. This regulatory approval marks a critical milestone for the cryptocurrency exchange, aiming to provide a secure and regulated trading environment.
To celebrate the launch of the futures platform, HashKey Global has also initiated a promotional campaign featuring a “100% Invitation Discount on Futures” and opportunities to earn HSK tokens through trading activities and referrals. These incentives are designed to attract new users and encourage active trading on the cryptocurrency exchange.
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/hashkey-global-expands-cryptocurrency-derivatives-offerings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">HashKey Global Expands Cryptocurrency Derivatives Offerings</a></h5>
The post <a href="https://en.coin-turk.com/hashkey-global-expands-cryptocurrency-derivatives-offerings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">HashKey Global Expands Cryptocurrency Derivatives Offerings</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

HashKey Global Expands Cryptocurrency Derivatives Offerings

Table of Contents

COINTURK NEWS

Other articles published on Jul 30, 2024

CEO of Cryptocurrency Exchange Hit by $230 Million Hack Attack Speaks for the First Time

The US government moves $2 billion in seized Bitcoin after Trump vowed to hold onto government cr...

Bullish on Altcoins: Crypto Trader Predicts Market Surge in 2024

SEC Backtracks on Solana, Cardano, Polygon Securities Claims in Binance Lawsuit

Rollblock Holders Gear Up For Huge Price Jump But Investors Less Optimistic about Optimism (OP) a...

Tonkeeper partners Mercuryo Pro to support high value crypto purchases over €50,000

Join our free newsletter for daily crypto updates!