Price: $0.39473 -4.4092%
Market Cap: 57.94B 1.9631%
Volume (24h): 17.86B 0.4%
Dominance: 1.9631%
Price: $0.39473 -4.4092%
Market Cap: 57.94B 1.9631%
Volume (24h): 17.86B 0.4%
Dominance: 1.9631% 1.9631%
  • Price: $0.39473 -4.4092%
  • Market Cap: 57.94B 1.9631%
  • Volume (24h): 17.86B 0.4%
  • Dominance: 1.9631% 1.9631%
  • Price: $0.39473 -4.4092%
Home > Information news > HashKey Global Expands Crypto Derivatives Offerings

HashKey Global Expands Crypto Derivatives Offerings

Release: 2024/07/30 20:46 Reading: 418

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/articles/66a8d6e733a1687989bfcfaa

HashKey Global Expands Crypto Derivatives Offerings

HashKey Global Expands Crypto Derivatives Offerings

Hong Kong-based HashKey Global, a licensed cryptocurrency exchange, has announced the expansion of its crypto derivatives offerings with the introduction of perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).

New Perpetual Futures Contracts

The new contracts provide investors with leverage of up to 10x. All contracts are USDT-based and have a capped funding rate of +0.75% / -0.75%, with funding fees paid every eight hours. The contracts are designed for flexibility, allowing 24/7 trading in line with the continuous nature of the crypto market.

Each contract is tailored to the characteristics of its underlying cryptocurrency. The SOLUSDT contract has a tick size of 0.01, while the DOGEUSDT contract has a smaller tick size of 0.00001 due to Dogecoin's lower unit price. The AVAXUSDT contract shares the same 0.01 tick size as the SOLUSDT contract.

Regulatory Approval

In addition to the new derivatives, HashKey Global has received regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. The platform will initially offer Bitcoin (BTC) and Ethereum (ETH) futures with leverage of up to 10x. This approval demonstrates HashKey Global's commitment to providing a secure and regulated trading environment.

Promotional Campaign

To celebrate the launch of the futures platform, HashKey Global is offering a 100% invitation discount on futures and opportunities to earn HSK tokens through trading and referrals. These incentives aim to attract new users and promote active trading on the exchange.

This expansion aligns with HashKey Global's strategy to meet the growing demand for sophisticated trading tools in the crypto market, offering investors more options and liquidity to enhance their trading experience.

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