BitMEX Launches Dedicated App For Hong Kong Users

In an official announcement, BitMEX has unveiled BitMEX Hong Kong, a dedicated service created to align with the forthcoming Hong Kong Virtual Asset Service Provider (VASP) regime. This will be effective from end of May 2023.

New Service For Hong Kong Users

Effective from 29 May 2023, existing BitMEX users domiciled in Hong Kong, will no longer have access to the services provided by HDR Global Trading Limited through the current website or API connections.

To ensure a seamless transition, Hong Kong Users will be transferred to HDR BMEX Limited, their affiliated Hong Kong entity. Starting from given date, they will exclusively receive service through the BitMEX Hong Kong mobile app, available for download.

The BitMEX Hong Kong app has a comprehensive range of features to empower users with control over their portfolios. Users can conveniently buy and sell cryptocurrencies instantly using 11 trading pairs, as well as securely purchase cryptocurrencies with over 30 currencies.

Following this, any pending orders, incomplete quotations, or conversion requests will be canceled at 13:00 HKT on 29 May 2023. Remaining account balance will be transferred to BitMEX Hong Kong accounts without any deductions or fees.

What Should BitMEX Users Know?

Verified Hong Kong Users will not be required to undergo additional verification or KYC checks.

It is important to note that from 29 May 2023, the existing trading platform will no longer accept new Hong Kong Users. Instead, individuals from Hong Kong will only be able to open an account through the dedicated BitMEX Hong Kong mobile app.

Managing portfolios will be effortless on BitMEX Hong Kong, with real-time updates on wallet balances, transaction history, deposits, withdrawals, and watchlists.

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