Hong Kong’s major online brokerage Futu launches crypto services with fiat trading pairs | Headlines | News | CoinMarketCap

08/02/2024 15:55
Hong Kong’s major online brokerage Futu launches crypto services with fiat trading pairs | Headlines | News | CoinMarketCap

Futu Securities International, a major online brokerage in Hong Kong, started offering cryptocurrency trading services to its retail clients on …

Futu Securities International, a major online brokerage in Hong Kong, started offering cryptocurrency trading services to its retail clients on Thursday as the company seeks to expand into the crypto sector.

Futu said in a statement that it allows Hong Kong investors to trade bitcoin and ether directly with Hong Kong dollars or U.S. dollars. “We noticed a relatively positive market response on the first day when our crypto trading services went live,” Steve Zeng, managing director of Futu Group, told The Block on Friday.

The company said that it is the first online brokerage in Hong Kong to offer zero-commission crypto trading. It also intends to incentivize users by giving away bitcoin, as well as shares of Alibaba and Nvidia, to certain users who open accounts and hold their assets …

Read more --->