Crypto Exchange BitMEX Unveils Exclusive App For Hong Kong Users

In response to the evolving regulatory landscape in Hong Kong, cryptocurrency exchange and derivative trading platform BitMEX has announced the launch of a dedicated mobile app exclusively for its Hong Kong user base.

The move aims to comply with the Securities and Futures Commission’s (SFC) efforts to establish appropriate standards for digital assets while providing the usual trading experience for the growing crypto community in the region.

Transitioning To BitMEX Hong Kong

According to an announcement published earlier today, this latest move is to take effect as of May 29, 2023. Existing BitMEX users domiciled in Hong Kong will no longer have access to BitMEX’s services through the existing website or API connections as of this date. Instead, these users will be transferred to BitMEX’s affiliated entity in Hong Kong, HDR BMEX Limited.

The transition is said to be facilitated through the BitMEX Hong Kong mobile app, which will be the exclusive platform for Hong Kong users moving forward.

Aside from being prompted by the SFC’s changing regulatory environment in Hong Kong, the BitMEX Hong Kong mobile app offers an array of features designed to provide users with an improved trading experience.

The features include portfolio management whereby users can manage their portfolios, and various trading options that allow users to buy and sell cryptocurrencies through a wide range of trading pairs. Additionally, the app facilitates cryptocurrency purchases using over 30 different currencies, ensuring different fiat-to-crypto trading processes.

The BitMEX Hong Kong mobile app’s portfolio management also provides users with real-time access to account information such as wallet balances, transaction history of deposits, and withdrawals which can be easily monitored, allowing users to stay in c

Go to Source to See Full Article
Author: Edyme

Did you like this?
Tip BTC Newswire with Cryptocurrency