June 19, 2024 - Licensed digital asset exchange HashKey Global announced that it has obtained regulatory approval and officially launched the contract trading function. The first phase of contract trading supports BTC and ETH, with a maximum leverage of 10x. The platform will launch the "Contract Trading Mining and Invitation 100% Rebate" event for a limited time. Participate in contract trading or invite friends to participate in trading to get HSK rewards. HashKey Global will create a "licensed contract" trading experience that is both safe and easy to use, leading the new pattern of the "licensed contract" market.

Licensed contracts: Be a platform, not an opponent

As a mature derivatives trading type, contract trading has a huge demand in the crypto asset market. However, due to the lack of effective supervision, there are still a lot of chaos in the market such as platforms and customers trading against each other, malicious plug-ins leading to customer losses, etc., which have caused serious losses to customers and have been criticized by the global crypto community for a long time.

HashKey Global is regulated by the Bermuda Monetary Authority (BMA), and independently stores customer assets and data, which are effectively separated from HashKey Global operations. It does not conduct counterparty transactions with customers, reduces the occurrence of malicious plug-ins and customer losses from the product design and regulatory levels, ensures that customer assets are protected, and provides customers with a mature, secure and regulated contract trading environment.

Ben El-Baz, Managing Director of HashKey Global, said, "In the past few years, the crypto industry has frequently seen derivatives market crashes, and the crypto community in Asia and around the world has long been looking forward to licensed contract exchanges. HashKey Global has obtained regulatory approval and officially launched contract trading, which will bring a mature and smooth trading interface and a safe and regulated asset environment to global customers, creating a world-class contract trading experience and shaping a new market landscape with "licensed contracts."

Contract Trading Competition and 100% Invitation Rebate

HashKey Global will officially launch the contract trading function on June 19, currently supporting BTC/USDT and ETH/USDT contract trading pairs, with a maximum leverage of 10x.

HashKey Global will officially launch the first contract trading competition at 0:00 (UTC+0) on June 19. Customers only need to participate in contract trading to participate in liquidity mining activities, share the millions of HSK bonus pool rewards, and enjoy the potential for maximizing the value of assets. Users can get 0.3 HSK for every transaction of 1,000 USDT, and obtain weekly transaction rankings through API transactions, with a maximum of 300,000 HSK.

At the same time, HashKey Global launched the "100% Invitation Rebate" campaign. During the campaign, users will receive 100% of the handling fees generated by invited customers in contract transactions (non-API transaction types) as rebate rewards. The rebate rewards will be converted into HSK and will be distributed in succession according to the rules.

Participation in the event is subject to applicable terms and conditions, please see the event announcement and the exchange event page for details.

About HashKey Global

HashKey Global is the global flagship virtual asset exchange of HashKey Group, providing licensed virtual asset trading services to global customers. HashKey Global has obtained a comprehensive license for the digital asset investor protection system issued by the Bermuda Monetary Authority (BMA), providing mainstream trading and service products such as LaunchPad, contracts, and leverage.

For more information, please visit global.hashkey.com

Disclaimer: HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Class F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation or recommendation of any investment product. There are risks in investing and trading virtual assets. HashKey Global does not provide services to users from Hong Kong, the United States, mainland China and certain other jurisdictions to comply with laws and regulations. Certain services, features and activities may not be available in your jurisdiction.

Participation in this event does not guarantee eligibility, acceptance or receipt of any reward, benefit or incentive. HashKey Global may set specific criteria for participation conditions, requirements or restrictions, and reserves the right to refuse or cancel the participation of individuals or entities in the event. Hashkey Global reserves the right to modify, change or cancel the event or the qualifications of any participant at any time at its own discretion, including based on internal controls, system problems or other circumstances, without prior notice or any liability.

To the maximum extent permitted by law, HashKey Global and its affiliates, partners and employees shall not be liable for any direct, indirect, incidental, consequential or special damages arising out of Participants' participation in the Event, including but not limited to any loss of money, profits, business, potential profits, data or reputation.

HashKey Global reserves the right to make the final decision regarding program rules and rewards.

Risk Warning About HSK: Please note that HSK is not currently listed on any exchange and there is no guarantee that it will be listed in the future. Therefore, HSK currently has no established market value. The timeline for when HSK may be listed is uncertain. If HSK is successfully listed, it may be subject to various trading restrictions in accordance with applicable regulations and laws. These restrictions may include, but are not limited to, limiting HSK trading only between qualified professional investors in specific locations and requiring regulatory approval. There is a significant risk that the value of HSK may decline or fluctuate significantly due to market conditions and other factors beyond the control of Hashkey Global. HashKey Global and its affiliates make no express or implied warranties regarding HSK or any returns and disclaim any liability in connection therewith.