Bermuda, Bermuda, June nineteenth, 2024, Chainwire
Licensed digital asset trade HashKey International broadcasts that it has acquired regulatory approval to formally launch its futures buying and selling. Within the preliminary part, the platform will assist BTC and ETH with the potential of as much as 10x leverage. To have fun the launch, HashKey International will host a limited-time futures buying and selling marketing campaign and a “100% Invitation Rebate on Futures” occasion. Individuals can earn HSK rewards by participating in futures buying and selling or by inviting buddies to commerce. HashKey International goals to offer a safe and user-friendly buying and selling expertise, setting a brand new customary within the “licensed futures” market.
Act As A Platform, Not A Counterparty
As a mature sort of derivatives buying and selling, futures buying and selling has an enormous demand within the crypto market. Nonetheless, as a result of lack of efficient regulation, there are nonetheless widespread points out there resembling platforms buying and selling towards their clients and abusive buying and selling inflicting vital losses for customers. These practices have lengthy been criticized by the worldwide crypto neighborhood.
HashKey International, regulated by the Bermuda Financial Authority (BMA), goals to handle these points by guaranteeing that buyer property and information are saved individually and independently. The platform doesn’t have interaction in counterparty buying and selling with clients, thereby lowering the chance of value manipulation and buyer losses.
Ben El-Baz, Managing Director of HashKey International, acknowledged, “Lately, the crypto trade has continuously skilled vital disruptions within the derivatives market. The crypto trade has lengthy awaited a licensed trade to offer futures buying and selling. With regulatory approval and the official launch of futures buying and selling, HashKey International will present a classy and seamless buying and selling interface and a safe, regulated asset setting. We intention to ship a world-class futures buying and selling expertise and reshape the market panorama with ‘licensed futures buying and selling’.”
Futures Buying and selling Marketing campaign with 100% Invitation Rebate
HashKey International futures buying and selling will formally launch on June 19, initially supporting BTC/USDT and ETH/USDT buying and selling pairs with the potential for as much as 10x leverage.
The primary part of the futures buying and selling marketing campaign will even start on June 19 at 00:00 (UTC+0). Customers taking part in futures buying and selling can be a part of the liquidity mining exercise to share a prize pool of hundreds of thousands of HSK rewards, maximizing the potential worth of their property. Customers will earn 0.3 HSK for each 1,000 USDT traded, and people buying and selling by way of API can compete for weekly transaction quantity rankings, with high prizes reaching as much as 300,000 HSK.
Moreover, HashKey International is launching a “100% Invitation Rebate on Futures Buying and selling” marketing campaign. Through the promotion interval, customers will obtain 100% of the transaction charges generated by their invited customers on perpetual futures trades (non-API transactions) as a rebate reward. The rebate will probably be transformed into HSK and distributed in accordance with the marketing campaign guidelines.
Participation within the marketing campaign is topic to relevant phrases and situations. For particulars, customers can discuss with the marketing campaign announcement and marketing campaign web page on HashKey International.
About HashKey International
HashKey International is without doubt one of the flagship international digital asset exchanges beneath HashKey Group, providing licensed digital asset buying and selling providers to customers worldwide. HashKey International has obtained a license from the Bermuda Financial Authority with the potential to offer mainstream buying and selling and repair merchandise resembling LaunchPad, contracts and leverage buying and selling.
For extra particulars, customers can go to international.hashkey.com
Customers can comply with HashKey on Twitter, Discord, and Instagram.
Disclaimer: HashKey International is a digital asset buying and selling platform operated by HashKey Bermuda Restricted beneath a Sort F license granted by the Bermuda Financial Authority. This info doesn’t represent a suggestion, solicitation, or suggestion for any funding product. Investing and buying and selling digital property contain dangers. HashKey International doesn’t service customers from Hong Kong, United States, Mainland China and sure different jurisdictions in compliance with legal guidelines and rules. Sure providers, options, and campaigns will not be out there in your jurisdiction.
Participation on this occasion doesn’t assure eligibility, acceptance, or receipt of any rewards, advantages, or incentives. HashKey International could impose sure standards, necessities, or limitations for participation, and it reserves the best to disclaim or disqualify people or entities from taking part within the occasion. Hashkey International reserves the best to make adjustments, modify, or cancel the occasion or the eligibility of any participant at any time at its sole discretion, together with because of inner management, system points or different circumstances, with none prior discover or legal responsibility.
To the fullest extent permitted by legislation, HashKey International, its associates, companions, and staff shall not be held accountable for any direct, oblique, incidental, consequential, or particular damages arising from participant’s participation within the occasion, together with however not restricted to any lack of funds, earnings, enterprise, potential earnings, information, or popularity.
HashKey International reserves the last word discretion concerning the principles and rewards of the occasion.
RISK WARNING ABOUT HSK: Please bear in mind that HSK will not be at the moment listed on any trade and there’s no assure that it is going to be listed sooner or later. In consequence, HSK presently has no established market worth. The timeline for the potential itemizing of HSK stays unsure. Within the occasion that HSK is efficiently listed, it could be topic to varied buying and selling restrictions in accordance with relevant rules and legal guidelines. These restrictions could embody, however will not be restricted to, limiting the buying and selling of HSK solely to eligible skilled buyers in choose places and topic to regulatory approval. The worth of HSK is topic to substantial danger and will diminish or fluctuate considerably in response to varied market situations and different components past HashKey International’s management. HashKey International and its associates make no warranties, specific or implied, in relation to HSK or any rewards and disclaims any legal responsibility relating thereto.
ContactSenior PR SupervisorLunaHashKey Internationalluna.wang@hashkey.com
This text was initially revealed on Chainwire