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Price: $0.39394 0.02%
Market Cap: 57.86B 1.7859%
Volume (24h): 8.56B 0.4%
Dominance: 1.7859% 1.7859%
  • Price: $0.39394 0.02%
  • Market Cap: 57.86B 1.7859%
  • Volume (24h): 8.56B 0.4%
  • Dominance: 1.7859% 1.7859%
  • Price: $0.39394 0.02%
Home > Information news > HashKey Global Introduces New Perpetual Futures Contracts for Solana, Dogecoin, and Avalanche

HashKey Global Introduces New Perpetual Futures Contracts for Solana, Dogecoin, and Avalanche

Release: 2024/07/30 21:07 Reading: 200

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/en/articles/66a8d6e833a1687989bfcfae

HashKey Global Introduces New Perpetual Futures Contracts for Solana, Dogecoin, and Avalanche

HashKey Global Unveils New Perpetual Futures Contracts for Solana, Dogecoin, and Avalanche

Hong Kong-based HashKey Global, a trailblazer in the cryptocurrency licensing landscape, has expanded its trading offerings with new perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).

Details of the Contracts

These contracts offer investors the ability to engage in leveraged trading with up to 10x leverage. USDT serves as the base currency for all contracts, with a capped funding rate of +0.75% / -0.75%. Funding fees are charged every eight hours, providing flexibility and accommodating the 24/7 nature of cryptocurrency markets.

Each contract is tailored to the unique characteristics of its respective cryptocurrency. The SOLUSDT contract, based on the SOL/USDT pair, boasts a tick size of 0.01. The DOGEUSDT contract, reflecting Dogecoin's lower unit price, has a smaller tick size of 0.00001. The AVAXUSDT contract, paired with AVAX/USDT, shares the same 0.01 tick size as the SOLUSDT contract.

HashKey Global emphasizes the value these contracts bring to investors, offering increased options and liquidity for an enhanced trading experience. The exchange remains committed to adapting to market trends and evolving its product offerings to provide a comprehensive trading platform.

Regulatory Approval from the BMA

In addition to these new derivatives, HashKey Global has secured regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. Initially, this platform will facilitate Bitcoin (BTC) and Ethereum (ETH) futures, also with up to 10x leverage. This regulatory approval signifies a critical milestone for HashKey Global, ensuring a secure and regulated trading environment.

Promotional Incentives

To mark the launch of the futures platform, HashKey Global has launched a promotional campaign that includes a "100% Invitation Discount on Futures." Participants can also earn HSK tokens through trading activities and referrals, aiming to attract new users and encourage active trading on the exchange.

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