On May 30, 2023 (HKT), CoinEx announced the official launch of BitHK, a professional cryptocurrency trading platform aimed at users in Hong Kong.
According to the guidelines for operators of virtual asset trading platforms, BitHK will submit its application for a license as a Virtual Asset Service Provider (VASP) to the SFC on June 1, the date when the guidelines come into effect.
The CoinEx team consists of experts from world-class companies in the internet and financial industry.including pioneering cryptocurrency professionals and investors with extensive experience in technology R&D and global operations.
BitHK will use the high-speed trade matching engine independently developed by CoinEx, enabling efficient transactions and seamless trading experiences. Users can now make spot trades and store crypto assets on the platform, which is currently available in traditional Chinese and English.
“Continuing in a process of constant improvement, BitHK will introduce P2P cryptocurrency trading in addition to spot trading to support deposits and withdrawals in HKD. As an integral part of Hong Kong’s financial services industry, BitHK has a duty to uphold the city’s image as an internationally recognized “inclusive and open” financial center. We will strictly adhere to the recently released Cryptocurrency Exchange Code of Conduct and the Anti-Money Laundering and Terrorism Financing Bill of 2022 (Amendment). We strive to provide honest and compliant professional services, protect investors’ assets, and build a safe and reliable cryptocurrency trading environment for users in Hong Kong.”. Said the CoinEx team.
Founded in 2017, CoinEx is a global cryptocurrency exchange dedicated to simplify your crypto trading. The platform provides a variety of services including spot and margin trading, futures, swaps, automated market maker (AMM) and financial management services to more than 5 million users in more than 200 countries and regions.
Founded with the initial intention of creating an egalitarian and respectful environment, CoinEx is committed to breaking down traditional financial barriers by providing user-friendly products and services return to trading cryptocurrency accessible to everyone.
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Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
