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HashKey Global Launches New Crypto Futures

Release: 2024/07/30 20:43 Reading: 446

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/66a8da6b63c9247047acdac2

HashKey Global Launches New Crypto Futures

HashKey Global Expands Cryptocurrency Derivatives Portfolio

HashKey Global has expanded its cryptocurrency derivatives portfolio by introducing perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX). This move aligns with the exchange's strategy to meet the growing demand for advanced trading instruments.

Features of the New Futures Contracts:

  • Leverage up to 10x
  • USDT-based contracts
  • Capped funding rate (+0.75% / -0.75%)
  • Funding fees settled every eight hours
  • Continuous 24/7 trading
  • Tailored contract specifications for each cryptocurrency (e.g., SOLUSDT tick size: 0.01; DOGEUSDT tick size: 0.00001)

Regulatory Approval from the BMA:

HashKey Global has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to launch its futures trading platform. This initial platform will focus on Bitcoin (BTC) and Ethereum (ETH) futures, also with 10x leverage. This regulatory approval enhances the security and compliance of the trading environment.

Benefits for Investors:

  • Access to leverage for potentially higher returns
  • Reduced risk of unpredictable funding costs
  • 24/7 trading availability
  • Enhanced liquidity and trading options

HashKey Global's new offerings and regulatory achievements demonstrate its commitment to evolving with market demands and providing a secure and accessible trading platform.

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