Futu Securities, Hong Kong’s largest online broker, has just announced that retail clients can now trade Bitcoin, Ethereum, and other cryptocurrencies through their platform.
Hong Kong is making a major move to become a cryptocurrency hub with a significant step for Bitcoin (BTC) and Ethereum (ETH).
Futu Securities Launches Crypto Trading in Hong Kong
Futu Securities, Hong Kong’s largest online broker, has introduced Bitcoin, Ethereum, and cryptocurrency trading for retail clients, according to the South China Morning Post.
Residents of Hong Kong can now buy and sell Bitcoin and Ethereum directly through Futu’s platforms. Transactions can be conducted using either Hong Kong or US dollars.
Futu Securities Launches Crypto Trading with Rewards for New Users
Futu Securities, Hong Kong’s largest online broker, has recently introduced Bitcoin and Ethereum trading for retail clients. This move is part of Hong Kong’s push to become a major cryptocurrency hub.
New account holders at Futu Securities will benefit from zero transaction fees and can earn rewards for early sign-ups. Investors who open an account in August and deposit HK$10,000 ($1,280) within the following 60 days may receive HK$600 worth of Bitcoin, HK$400 in supermarket vouchers, or a share of Alibaba. Those who maintain a balance of $80,000 over the same period can choose between HK$1,000 worth of Bitcoin or a share of Nvidia, a US AI chip giant.
With 22 million users, Futu Securities’ latest move is expected to attract new capital into Bitcoin and Ethereum, further enhancing Hong Kong’s appeal as a virtual asset business center.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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