HashKey Change, Hong Kong’s first licensed crypto alternate is now stay » CryptoNinjas


HashKey Change, the primary licensed retail digital asset alternate, proclaims its official launch in the present day. Along with executives from the HKSAR authorities, top-tier banks, insurers, and Massive 4 auditing companies, HashKey Change held the grand launch in Hong Kong. Direct USD and HKD transfers from financial institution accounts are supported.

The alternate, which obtained approval again in November of 2022 has formally launched a zero buying and selling payment promotion, efficient instantly, providing all clients zero fee buying and selling on all transactions. 

Setting Sail within the Web3 Period in Hong Kong

The HashKey Change Grand Launch was efficiently held in the present day on the Maritime Museum Central, Hong Kong. Joseph Chan Ho-lim, JP, Undersecretary for Monetary Companies and the Treasury, Dr. Jimmy Chiang, Affiliate Director, InvestHK, Norman Chan Tak-lam, GBS, JP, Chairman, Hong Kong Web3 Affiliation delivered their speeches, extending their congratulations to HashKey Change for its official launch and providing insights into the event of the Web3 trade in Hong Kong.

Dr. Xiao Feng, Chairman and CEO of HashKey Group, introduced the official launch of HashKey Change and its retail buying and selling providers. Mr. Lu Weiding, Chairman of Wanxiang Group, joined 10 distinguished visitors in turning the symbolic “helm,” marking the beginning of Hong Kong’s Web3 period. Speeches have been delivered by Mr. Ronald Lu, CEO ZA Financial institution, Mr. Thomas Crasti, Associate at PwC, and Mr. Zhang Sizheng, CEO of AIA Hong Kong.

Hong Kong’s First Licensed Retail Digital Asset Change is Reside Now

Livio Weng, COO of HashKey Group, unveiled the next-generation high-performance buying and selling system, the “HEX Engine,” supporting 5,000 transactions per second (TPS) to ship a extra steady, sooner, and user-friendly buying and selling expertise. Weng additionally introduced a complete improve to institutional enterprise options, providing strong API interfaces and enhanced account administration options (together with the Omnibus Account) to supply brokerage and institutional shoppers with deeper buying and selling liquidity and smoother experiences.

As a licensed entity below the Hong Kong Securities and Futures Fee, HashKey Change has devoted substantial sources to establishing a local compliance product framework. Overlaying a complete spectrum together with consumer admission inspection, anti-money laundering (AML) inspection, transaction monitoring, and mental property (IP) oversight, creating a whole regulatory closed-loop system. This technique spans everything of inside operational processes, making certain a strong compliance safeguard for traders.

HashKey Change Key Options

  • Fiat Forex Deposits and Withdrawals: In partnership with main business banks, we provide USD/HKD fiat foreign money deposit and withdrawal providers, permitting direct transfers between financial institution accounts and HashKey fiat accounts.
  • Fiat Buying and selling Pairs: Offering retail clients with fiat buying and selling pairs akin to BTC/USD and ETH/USD, with plans to help extra fiat currencies and pairs, together with HKD sooner or later.
  • Licensed Custody: Impartial licensed custody system topic to common inspections by the securities regulators. We maintain a TCSP (Belief or Firm Service Supplier) license.
  • Chilly and Scorching Pockets Separation: 98% of digital belongings are saved in chilly wallets and a couple of% in scorching wallets, making certain the safety of nearly all of belongings.
  • Asset Insurance coverage: HashKey Change pioneers within the trade by introducing skilled insurance coverage establishments to supply insurance coverage for consumer belongings below custody.
  • Authoritative Auditing: The platform strictly adheres to regulatory necessities, present process audits and compliance checks by the Massive 4 accounting companies, totally complies with numerous regulatory provisions, establishing itself as one of the crucial safe exchanges globally.

HashKey Change is at the moment working 24/7, strictly adhering to the SFC’s consumer registration and KYC necessities. The platform helps USD and HKD fiat deposits and withdrawals, presents buying and selling pairs like BTC/USD, ETH/USD, and plans to introduce extra digital asset pairs following regulatory pointers.


Please enter your comment!
Please enter your name here