HashKey has officially launched its retail virtual asset exchange, furthering the development of Hong Kong’s crypto industry.
Hong Kong-based HashKey Exchange has officially launched, according to a statement, marking its debut in the city's retail crypto market.
In addition to HashKey staff, the launch was attended by top government officials, banks, insurers and auditing firms. Notable attendees include Hong Kong Undersecretary for Financial Services and the Treasury Joseph Chan as well as former Hong Kong Monetary Authority chief and current Hong Kong Web3 Association chairman Norman Chan.
Exchange Features
The exchange will operate 24/7 and includes a series of features including fiat currency deposits and withdrawals; fiat trading pairs (BTC/USD and ETH/USD with more to come in the future, including HKD); licensed custody; cold and hot wallet separation; asset insurance; and auditing.
HashKey also unveiled its trading system – «HEX Engine» – which supports 5,000 transactions per second (TPS) to «deliver a more stable, faster, and user-friendly trading experience». Its institutional offering has been upgraded with API interfaces and enhanced account management to provide deeper trading liquidity and a smoother experience.
