HashKey Global has announced a significant expansion of its cryptocurrency derivatives offerings, launching new perpetual contracts for Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX). This move comes in response to the growing demand for sophisticated trading instruments within the cryptocurrency market.
Solana, Dogecoin, Avalanche Perp Contracts Listing
The introduction of these perpetual contracts aims to provide HashKey Global’s users with a broader range of trading options, addressing the evolving needs of cryptocurrency investors. All three newly introduced perpetual contracts are USDT-based and offer a maximum leverage of 10x. This feature allows traders to amplify potential gains—and losses—while engaging in high-stakes trading. The contracts also have a capped funding rate of +0.75% / -0.75%, with funding fee settlements every eight hours, ensuring transparency and predictability in trading costs.
Each contract is tailored to its respective cryptocurrency to optimize the trading experience. The SOLUSDT contract, based on the SOL/USDT Index, features a tick size of 0.01, suitable for Solana’s trading activity. The DOGEUSDT contract, tracking the DOGE/USDT Index, has a smaller tick size of 0.00001, reflecting Dogecoin’s typically lower unit price. The AVAXUSDT contract, based on the AVAX/USDT Index, shares the same 0.01 tick size as the SOLUSDT contract, accommodating Avalanche’s trading dynamics.
HashKey Global emphasizes that these new offerings are designed to meet diverse investor needs and enhance the overall trading experience on their platform. The company remains committed to staying attuned to market trends and continuously improving its product range to maintain its competitive edge.
Regulatory Approval and Futures Trading Platform Launch
In parallel with the launch of the new perpetual contracts, HashKey Global has secured regulatory approval from the Bermuda Monetary Authority (BMA) to officially launch its futures trading platform. Initially focusing on Bitcoin (BTC) and Ethereum (ETH) futures, with up to 10x leverage, this regulatory milestone marks a significant achievement for the company.
To celebrate the launch, HashKey Global introduced a limited-time futures trading campaign, featuring a “100% Invitation Rebate on Futures” promotion and opportunities for users to earn HSK rewards through trading activities and referrals. These initiatives aim to attract and engage users while offering tangible benefits for participation.
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HashKey Global has underscored its commitment to addressing industry challenges through stringent regulatory compliance and the adoption of best practices to protect user assets and data. With this regulatory approval and the official launch of futures trading, HashKey Global aims to provide a sophisticated, secure, and regulated trading environment, further solidifying its position in the competitive cryptocurrency derivatives market.
Conclusion
HashKey Global’s latest expansion into perpetual contracts for Solana(SOL), Dogecoin, and Avalanche, coupled with its regulatory approval for a futures trading platform, marks a pivotal development in the cryptocurrency derivatives space. By catering to the sophisticated needs of modern traders and ensuring robust regulatory compliance, HashKey Global is poised to enhance its market presence and offer a more comprehensive trading experience.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.