BitMart, the premier global digital asset trading platform, has launched its new trading platform in Hong Kong, targeting both institutional and retail investors. The platform supports spot trading of prominent cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

BitMart aims to offer diversified trading solutions to both experienced traders and newcomers in the cryptocurrency space. As a part of its commitment to compliance, BitMart will operate under the new regulations in Hong Kong and plans to submit a Virtual Asset Service Provider (VASP) license application to the Securities and Futures Commission (SFC).

BitMart recognizes the importance of security, regulation, anti-money laundering, and compliance in the cryptocurrency industry. Hong Kong has become a prominent hub for digital assets, thanks to its robust regulatory framework and conducive environment. Sheldon Xia, the CEO of BitMart, emphasized the platform’s dedication to providing a secure and compliant trading environment.

To ensure compliance, BitMart has engaged a professional consulting team that includes former officials from the SFC. BitMart Hong Kong is a subsidiary that holds high standards for decentralized digital assets and prioritizes the security of user funds. The platform implements robust anti-money laundering policies and demonstrates unwavering compliance capabilities.