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Saturday, July 6, 2024
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HomeFinanceHashkey HK opens AVAX buying and selling with $1M portfolio requirement
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Hashkey HK opens AVAX buying and selling with $1M portfolio requirement

Hong Kong crypto alternate Hashkey, the primary to obtain a retail crypto license within the Particular Administrative Area (SAR), will open (AVAX) buying and selling on its platform. Nonetheless, there’s a catch.

In line with the September 27 announcement, solely skilled traders, or people possessing an funding portfolio with a worth exceeding 8 million Hong Kong {dollars} ($1 million), as outlined by the SAR’s Securities & Futures Fee (SFC), can commerce AVAX on the Hashkey alternate. At present, solely (BTC), Ether (ETH), and (USDT) are permitted by the SFC for retail buying and selling, with the remaining altcoins topic to skilled investor restriction.

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