CoinEx, a leading digital asset exchange, has announced the official launch of BitHK, a professional crypto trading platform specifically designed for Hong Kong users. This move aligns with the company’s commitment to making trading easier and creating an equal and respectful cryptocurrency environment.

Under the guidelines set forth for Virtual Asset Trading Platform Operators, BitHK plans to submit its license application as a Virtual Asset Service Provider (VASP) to the Securities and Futures Commission (SFC) on June 1, which marks the effective date of the guidelines.

The CoinEx team consists of experts from top-notch companies in the internet and finance industries, including crypto professionals and investors with extensive experience in technology R&D and global operations. BitHK will leverage CoinEx’s high-speed trade matching engine to offer efficient crypto transactions and seamless trading experiences. The platform currently supports spot trading and allows users to store their crypto assets. It is available in both Traditional Chinese and English languages.

BitHK has plans to introduce peer-to-peer (P2P) crypto trading, supporting deposits and withdrawals in Hong Kong Dollars (HKD). As an integral part of Hong Kong’s financial services industry, BitHK aims to uphold the city’s image as an internationally recognized “inclusive and open” financial hub. The platform will strictly adhere to the Code of Conduct for Cryptocurrency Exchanges released by the SFC and the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022. It aims to deliver compliant, fair, and professional services while ensuring the security of investors’ assets. The ultimate goal is to establish a secure and reliable crypto trading environment for Hong Kong users.

CoinEx, founded in 2017, provides a wide range of services including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services to over 5 million users across 200+ countries and regions. With its user-centric approach, CoinEx aims to dismantle traditional finance barriers and make crypto trading easily accessible for everyone.