To power its new crypto trading service, ZA Bank had to tap HashKey, a Hong Kong-based crypto platform.
Hong Kong’s ZA Bank has always prided itself as an industry leader, and its recent move may be another testament to this fact. This follows after the bank announced on Monday that it has become Asia’s first bank to allow retail customers to trade cryptocurrencies. According to the press release by the bank, users may have direct access to crypto trading services through its banking app. This development represents a major step forward in the integration of traditional banking and digital assets in the region.
A statement from the bank reads:
“Through the ZA Bank app, users can now seamlessly trade top cryptocurrencies in HKD and USD — all within a single platform, with no need to switch between apps or platforms.”
This means that users can now, even more conveniently and with better efficiency, explore crypto investments.
ZA Bank Partners with HashKey Exchange for Advanced Features
To power its new crypto trading service, ZA Bank had to tap HashKey Exchange, a Hong Kong-based crypto platform. As the bank says, it seeks to leverage the institutional-grade trading system of HashKey Pro.
Meanwhile, HashKey Pro is said to offer block trade services, API trading, and enterprise-level account structure and permission management. So, ZA Bank is hoping that its partnership with HashKey will help it to provide its users with secure, scalable, and user-friendly crypto trading services.
HashKey CEO Livio Weng has expressed his delight about the partnership with ZA Bank. Weng also shared positive ambitions about the future of the collaboration, saying:
“HashKey Exchange will continue to work closely with ZA Bank to drive the development of the Web3 ecosystem while delivering more diversified financial services to our users.”
For what it might be worth, there is an all-around rising demand for crypto trading services. That is, as the sector continues to grow across the globe. So, this new partnership may have just put ZA Bank in the spotlight. More so, as a pioneer in the area of integrating traditional and digital finance.
Riding the Wave of a Crypto Boom
It is no mere coincidence that ZA Bank is launching retail crypto trading services at such a time. It is a period when the crypto market is seeing an extended rally.
Bitcoin BTC $67 494 24h volatility: 0.4% Market cap: $1.35 T Vol. 24h: $46.03 B , the world’s largest cryptocurrency, has repeatedly hit new record highs. As a fact, it got within a touching distance of the much-coveted $100,000 mark before stabilizing at around $98,000.
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