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- HashKey Global has unveiled the launch of perpetual contracts for three major cryptocurrencies: Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).
- This development offers traders the opportunity to leverage up to 10x and enjoy round-the-clock trading on the platform.
- “Our new contracts are tailored to meet the needs of the evolving crypto market,” commented a representative from HashKey Global.
HashKey Global introduces perpetual contracts for Solana, Dogecoin, and Avalanche, featuring 10x leverage and non-stop trading for advanced crypto investors.
Launch of Perpetual Contracts
HashKey Global has announced a significant expansion in its range of derivatives, introducing USDT-based perpetual contracts for Solana, Dogecoin, and Avalanche. These new products are designed to cater to the increasing demand for advanced trading instruments within the crypto ecosystem. The contracts provide up to 10x leverage, presenting both substantial risk and reward potential for traders.
Features Tailored to Cryptocurrency Characteristics
The perpetual contracts introduced by HashKey Global are uniquely tailored to each cryptocurrency. The SOLUSDT contract, for instance, features a tick size of 0.01, in line with the prevailing trading characteristics of Solana. Meanwhile, the DOGEUSDT contract has a smaller tick size of 0.00001, accounting for Dogecoin’s typically lower unit price. The AVAXUSDT contract, similar to the one for Solana, boasts a tick size of 0.01.
A notable detail of these contracts includes a capped funding rate of +0.75% / -0.75%, with settlements occurring every eight hours. This approach aims to balance cost and profit dynamics, ensuring a fair trading environment.
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Regulatory Approval from Bermuda Monetary Authority
In addition to launching these new contracts, HashKey Global has secured regulatory approval from the Bermuda Monetary Authority (BMA) to expand its futures trading platform. This development marks a critical milestone, particularly for Bitcoin and Ethereum futures, which will now feature up to 10x leverage.
Strategic Enhancements and Promotions
To celebrate this regulatory achievement, HashKey Global has initiated a limited-time futures trading campaign. The campaign includes a “100% Invitation Rebate on Futures” promotion, offering HSK rewards to users who participate in trading activities and referrals. With these strategic incentives, the platform aims to engage both new and existing users, fostering a vibrant trading community.
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HashKey Global’s commitment to regulatory compliance and best practices emphasizes its focus on user security and data protection. This ensures that traders can operate within a sophisticated and secure trading environment.
Conclusion
The launch of perpetual contracts for Solana, Dogecoin, and Avalanche, combined with regulatory approval for its futures trading platform, signifies a robust advancement for HashKey Global. Traders now have access to new opportunities and instruments designed to maximize their strategic potential in the market. HashKey Global continues to enhance its product offerings to meet the evolving needs of the cryptocurrency trading community.
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