Release: 2024/07/30 20:04 Reading: 204
HashKey Global Launches Perpetual Futures Contracts for Solana, Dogecoin, and Avalanche
Hong Kong-based HashKey Global, a leading licensed cryptocurrency exchange, has announced the expansion of its crypto derivatives offerings with the introduction of new perpetual futures contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).
Flexible Investment Options
These contracts provide investors with leveraged trading opportunities of up to 10x. All contracts are USDT-based and have a maximum funding rate of +0.75% / -0.75%, with funding fees paid every eight hours. The contracts offer 24/7 trading flexibility, aligning with the continuous nature of the cryptocurrency market.
Customized Contracts
Each contract is tailored to the specific characteristics of the respective cryptocurrency. The SOLUSDT contract, based on the SOL/USDT pair, has 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, based on the AVAX/USDT pair, 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 focus on Bitcoin (BTC) and Ethereum (ETH) futures, offering up to 10x leverage.
Promotional Campaign
To celebrate the launch of its futures platform, HashKey Global is offering incentives to new and active traders. These include a "100% Invitation Discount on Futures" and opportunities to earn HSK tokens through trading activities and referrals.
The launch of these new contracts and the regulatory approval from the BMA mark significant milestones in HashKey Global's commitment to providing a comprehensive and secure trading experience for its users.
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