Less than a month after its launch, Hashkey Global, a global exchange under HashKey, handed in its first "April monthly report card". The platform's transaction volume reached 3.6 billion US dollars, and the number of registered users exceeded 82,467, covering more than 62 countries and regions.

As the world's leading compliant exchange, Hashkey Global was regarded as the "Coinbase of the East" by the industry when it was launched and had high hopes for it. What are the initial results now?

According to the online data, according to The Block, the average daily trading volume of Coinbase International was about US$100 million when it was launched in May 2023, while Hashkey Global announced that it had achieved a trading volume of US$3.6 billion in just 22 days after its launch, with an average daily trading volume of approximately US$163 million, surpassing Coinbase International's data for the same period.

It is worth mentioning that Coinbase International has supported trading of BTC and ETH contracts since its launch, which is the main component of its early platform revenue. However, Hashkey Global has reached or even surpassed Coinbase's trading volume in the same period before its contract products were launched. Hashkey Global currently has about 48,783 users who have submitted KYC applications, with a daily revenue of up to US$540,000, and now provides 22 selected mainstream assets.

Although the Bitcoin market has been very turbulent recently, and its price trend has entered a two-month downward shock, ushering in the longest consecutive decline in 2024, it has not dampened the enthusiasm of the cryptocurrency circle for the global station launch. Various signs show that the current crypto market is more active, and users in the Asia-Pacific region have a rigid demand for "compliant and easy-to-use" exchanges. Hashkey Global has also taken advantage of the trend and achieved impressive results.

"82467" and "28.15"

"82467" means that within just 22 days of going online, HashKey Global already has more than 82467 registered users, and these users cover more than 62 countries and regions around the world. In order to further acquire users, HashKey Global has also launched corresponding token rewards: new registered users can get HashKey's token HSK. This incentive effectively stimulated the enthusiasm of users to participate, and a large number of new users poured into the platform, further increasing the platform's activity and transaction volume.

It is also worth mentioning "28.15". This number represents that in HashKey Global's compliant transactions, KYC is no longer a "high threshold" that prevents users from registering. With HashKey's efforts, this threshold is being lowered. On the basis of adhering to compliance and security, HashKey improves services and technologies, and the average KYC processing time is only 28.15 minutes, which greatly facilitates users' transactions and reaches the top level in the industry. This efficient and convenient service will also run through the entire transaction process, greatly improving the user's trading experience.

HashKey will move forward

HashKey Exchange has "established a firm foothold" in the Asian market. With rich experience in the Asian market, HashKey Global has inherited the full-system compliance, security, and audit solutions of HashKey Exchange (the largest licensed digital asset exchange in Hong Kong), and has the same unique features as hot and cold asset separation, asset insurance, independent audit, and bank fiat currency channels. HashKey will continue to expand its global presence. How will HashKey Global take the next step in the future?

HashKey Global has a compliant currency listing system and has won the first-mover advantage in listing two new currencies (MERL and MSN). HashKey Global will launch Merlin Chain (MERL) and Meson Network (MSN) for the first time in the world. To celebrate the launch of MERL, HashKey Global and the Merlin community have carefully prepared exclusive activities, with a prize pool of up to 200,000 MERL waiting to be shared. HashKey Global cooperates with the Meson Network community to bring exclusive activities to users, with a prize pool of 18,000 MSN waiting to be claimed. You only need to complete the recharge and transaction tasks to get the project token MSN.

HashKey Group has officially entered the 'dual flagship era' of licensed exchanges. HashKey's exchange business is rooted in Hong Kong and is a 'compliant model output'. The success of its global strategy is inseparable from the fertile soil of Hong Kong. If the global layout is successful in the future, it means the success of the 'compliant model'. HashKey will continue to optimize digital asset services and provide users with a compliant and easy-to-use "harbor".

About HashKey Global

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

Disclaimer: To comply with local regulations, HashKey Global does not conduct business in the United States, Mainland China, Hong Kong, China, and certain restricted countries or regions. This material is for reference only and may not be distributed in Hong Kong or used by individuals in Hong Kong. This material does not constitute and should not be considered an offer to buy or sell any financial product, nor should it be considered an investment advice. Investing in digital assets involves risks. Investors should not make investment decisions based solely on this press release, but should make their own investment decisions.