HashKey Exchange, one of Hong Kong's first licensed cryptocurrency exchanges, has received approval from the Securities and Futures Commission (SFC) to launch its full-featured mobile trading app. The HashKey App debuted on November 1 with zero trading fees during its promotional period.
Key Features of HashKey App
- Regulatory Compliance: Fully licensed under Hong Kong SFC (Type 1 & 7 licenses)
- User Incentives: New users receive HSK tokens for registration and account opening
- Accessibility: Available on iOS and Android via major app stores
- Optimized UX: KYC process reduced from 28 to 8 minutes
- Security: ISO 27001 (information security) and ISO 27701 (data privacy) certified
๐ Discover how HashKey is redefining secure crypto trading
HSK Platform Token (2024 Launch)
HashKey will introduce its ecosystem token HSK with these characteristics:
Token Metric | Details |
---|---|
Total Supply | 1 billion HSK |
Allocation | 65% ecosystem, 30% team, 5% treasury |
Utility | Fee settlements, early access to new offerings |
Unique Mechanism | 20% profit-sharing buybacks + burn mechanism |
Important Note: HSK will not be sold through private/public sales. Tokenomics remain subject to regulatory approval.
Why This Matters for Hong Kong's Crypto Market
Chief Operating Officer Livio Weng emphasized: "After industry volatility, HashKey App provides a compliant, user-friendly gateway meeting Hong Kong's virtual asset policy goals since the 2022 declaration."
The exchange combines:
- Institutional-grade custody
- Independent audits
- Mainstream insurance coverage
๐ Explore Hong Kong's regulated crypto future today
FAQ Section
Q: How is HSK different from other exchange tokens?
A: HSK uniquely focuses on ecosystem growth (65% allocation) rather than fundraising, with built-in anti-dilution mechanisms.
Q: What makes HashKey App stand out?
A: It bridges the gap between regulatory compliance and retail accessibility, with industry-leading KYC efficiency.
Q: When can users trade on the mobile app?
A: Full trading functionality is now available post-SFC approval.
Q: How does the fee waiver work?
A: All transactions are currently fee-free during the launch promotion period.
Q: Is HSK available for purchase?
A: No - HSK will only be distributed as rewards, not sold commercially.
Q: What security standards does HashKey meet?
A: Dual ISO certifications (27001 & 27701) for information security and data privacy.
Note: This content complies with Hong Kong regulations regarding virtual asset promotions. Always conduct independent research before engaging with crypto products.