Futu Crypto Trading To Launch In Hong Kong On August 1st

Key Points:

• Futu Securities HK launched zero-commission crypto trading on August 1.
• The Futu Niu Niu app offers Bitcoin rewards up to HKD 800.
• 40% of new and 75.6% of experienced investors are interested in the platform.

Futu Securities launched zero-commission crypto trading on August 1 via the Futu Niu Niu app. Investors can earn Bitcoin rewards up to HKD 800. Futu crypto trading is regulated by Hong Kong’s SFC.

According to Sing Tao Daily, Futu Securities International (Hong Kong) officially launched crypto trading services on August 1, marking a significant milestone as the first securities firm in Hong Kong to offer zero-commission crypto trading.

Futu Crypto Trading Services Launch in Hong Kong

The Futu Niu Niu app will introduce Hong Kong individual investors to safe, licensed, and zero-commission crypto trading services. Depending on their degree of interaction within the community and other activities, they can receive Bitcoin rewards of up to HKD 800.

Xie Zhijian, the managing director of Futu Securities, said the firm remains optimistic about Hong Kong’s Web 3.0 industry outlook.

According to a recent survey by the bank, more than 40% of investors who have never traded virtual assets expressed interest in using Futu Niu Niu. For comparison, nearly 75.6% of experienced investors reported being pleased about the launch of the platform’s virtual asset trading services.

Read more: Russian Crypto Payments Now Approved Amid Challenges of Sanctions

Futu Securities’ Market Leadership and Regulatory Compliance

Futu Securities International (Hong Kong) Limited is a licensed corporation regulated by the Securities and Futures Commission of Hong Kong.

Since 2012, Futu has maintained high growth momentum. The firm secured a leading position in the Hong Kong market, ranked by the number of clients, and placed among the Top 3 in retail business trading volume.