HashKey Global Expands Crypto Derivatives Offerings with New Perpetual Futures Contracts
HashKey Global has significantly expanded its crypto derivatives offerings by introducing perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX). This move aligns with the crypto exchange's strategy to cater to the growing demand for advanced trading tools.
Details of the Perpetual Futures Contracts
The new contracts provide leveraged trading opportunities, allowing investors to trade with up to 10x leverage. All contracts are USDT-based and feature a capped funding rate of ±0.75%, with funding fees paid every eight hours. They offer flexibility with 24/7 trading, reflecting the continuous nature of the crypto market.
Each contract is tailored to the characteristics of the underlying cryptocurrency. The SOLUSDT contract has a tick size of 0.01, while the DOGEUSDT contract has a smaller tick size of 0.00001 to accommodate Dogecoin's lower unit price. The AVAXUSDT contract shares the same tick size (0.01) as the SOLUSDT contract.
Regulatory Approval and Promotional Campaign
HashKey Global has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. This platform will initially focus on Bitcoin (BTC) and Ethereum (ETH) futures with up to 10x leverage.
To celebrate the launch, HashKey Global has initiated a promotional campaign offering a "100% Invitation Discount on Futures" and opportunities to earn HSK tokens through trading and referrals.
Conclusion
HashKey Global's expansion in crypto derivatives and regulatory approval from the BMA reflect its commitment to providing a comprehensive and secure trading platform for investors. The new offerings enhance liquidity and cater to the diverse needs of traders, further positioning HashKey Global as a leading crypto exchange.