Key Takeaways:
- Futu Securities International launched Bitcoin and Ether trading services, partnering with HashKey Exchange.
- New clients depositing specified amounts can receive Alibaba or Nvidia shares, supermarket vouchers, or Bitcoin as rewards.
- Futu aims to expand its crypto offerings, with a subsidiary seeking a full crypto services license from Hong Kong’s Securities and Futures Commission.
Hong Kong-based Futu Securities International has launched trading services for bitcoin (BTC) and ether (ETH), partnering with HashKey Exchange.
To attract new clients, Futu is offering Alibaba Group (BABA) and Nvidia (NVDA) shares as rewards for opening accounts and depositing specific amounts.
JUST IN: ðŸ‡ðŸ‡° Hong Kong’s largest online broker Futu has launched #Bitcoin and crypto trading. pic.twitter.com/sGDxbx83is
— Bitcoin Magazine (@BitcoinMagazine) August 1, 2024
New investors in August who deposit HK$10,000 (~$1,280) can choose between bitcoin worth HK$600, a HK$400 supermarket voucher, or a single Alibaba share, while those depositing HK$80,000 can opt for HK$1,000 in bitcoin or an Nvidia share.
Futu, aiming to expand its crypto offerings, reported 22.5 million registered users and 1.9 million paying clients as of March 31.
Hong Kong is Still Pushing to Become Global Crypto Hub
— The Wolf Of All Streets (@scottmelker) August 2, 2024
Futu Securities International, a leading Hong Kong-based online stock broker, has launched BTC and ETH trading, offering incentives such as shares of Alibaba Group $BABA) and Nvidia $NVDA) to users who open accounts and… pic.twitter.com/0MfdPsMCyh
Additionally, Futu’s subsidiary, Panthertrade, is seeking a full license from Hong Kong’s Securities and Futures Commission to offer crypto services.
This initiative aligns with Hong Kong’s strategy to enhance its position as a global crypto hub.