HashKey Global launches BTCUSD fiat-based perpetual contracts, reducing compliant trading costs
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HashKey Global launches BTCUSD fiat-based perpetual contracts, reducing compliant trading costs
This feature primarily caters to institutional and corporate investors holding fiat assets who prioritize capital efficiency and regulatory compliance, and will later be opened to individual traders. Its use cases cover USD asset allocation and risk hedging, among others.
Navigating Web3 tides with focused insightsHashKey Global has officially launched the BTCUSD fiat-based perpetual contract today, settled in US dollars, allowing users to directly use USD as margin for contract trading without holding stablecoins during transactions, helping eliminate conversion steps and reduce trading costs. This feature primarily serves institutional and corporate investors holding fiat assets who prioritize capital efficiency and regulatory compliance, and will later be opened to individual traders, with applications covering USD asset allocation and risk hedging.
Funds from the BTCUSD perpetual contracts will be held in a separately established fiat risk reserve account, securely segregated under bank-level custody standards to ensure fund safety and settlement compliance. This design draws on the USD-denominated logic of traditional finance, aligning the platform’s custody and settlement systems more closely with international standards.
Ben El-Baz, Head of Global Expansion at HashKey Group, said: "The crypto market is accelerating into a new phase centered on compliance. The launch of the BTCUSD perpetual contract on HashKey Global aims to bridge traditional financial assets with Web3 financial innovation. Going forward, HashKey Global will continue strengthening platform security and operational mechanisms, enabling investors to seize market opportunities and achieve long-term value within a secure and efficient environment."
Jurisdictional Notice
HashKey Global operates in compliance through HashKey Bermuda Limited under an F-class license issued by the Bermuda Monetary Authority. This information is for reference only and does not constitute an offer, solicitation, or recommendation regarding any investment product. Virtual asset investment and trading involve risks—please carefully assess your risk tolerance. To comply with relevant laws and regulations, HashKey Global does not provide services to users in Hong Kong, the United States, mainland China, and certain other jurisdictions. Some features, promotions, or services may not be available due to regional restrictions.
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