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.
- IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone
- Bitcoin Tops $126,000 as Market Prices In Three-Week U.S. Government Shutdown
- Paul Tudor Jones Predicts Explosive Bull Market Amid Bitcoin’s ‘Uptober’ Rally
- Robinhood Outage Reported by Users, HOOD Stock Drops
- Tom Lee’s BitMine Adds $820M Worth of Ethereum as ETH Rebounds
- Solana Price Eyes 56% Rebound Amid Solana Company’s Massive $530M SOL Acquisition
- Ethereum’s Price Bullish Cycle Resumes as Grayscale Launches Spot Staking ETPs – Is $7,331 Next?
- Pi Network Price Risky Pattern Points to Crash as 14M Coins Leave OKX
- Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
