HashKey Exchange, a regulated cryptocurrency exchange in Hong Kong, will list Compound (COMP) on December 7th, attracting global attention. Deposits and withdrawals are also available for users.
According to the announcement, the company will list Compound (COMP) on December 7th. This news has had a significant impact considering the rise of the Asian market.
Following the listing announcement, there was a 7% price increase, with the price reaching $51.21. The recent success of the Asian market is evident in this price movement.
Current Status of HashKey Exchange
HashKey recently upgraded its two major licenses granted by the Securities and Futures Commission (SFC) of the country. Subsequently, it became the first cryptocurrency exchange in Hong Kong to obtain regulatory permissions to offer crypto trading services to individual investors.
With the acquisition of Type 1 license, HashKey was able to launch a crypto asset trading platform under Hong Kong’s securities laws. This was followed by the second license, known as Type 7, which allowed the crypto exchange to provide automated trading services to both institutional and retail users.
The consecutive listings conducted by HashKey Exchange, including Chainlink (LINK), have drawn attention and may reflect the positive expectations of the Asian market and HashKey regarding the future of cryptocurrencies.
In the future, the massive impact created by major exchanges like Binance and Coinbase through listings may also occur in the case of HashKey. Nevertheless, it may be more beneficial for investors to follow such listings and price movements for their own sake.