ZA Bank, the largest digital bank in Hong Kong, has launched retail cryptocurrency trading services, allowing users to trade Bitcoin and Ethereum through the banking app.
Partnership with HashKey Exchange
ZA Bank's new services are made possible through a partnership with HashKey, a licensed crypto exchange in Hong Kong. The collaboration uses the HashKey Pro platform, ensuring a secure and seamless trading experience for retail investors. HashKey Pro provides a variety of services, including API trading and enterprise account management.
24/7 Availability of Trading Services
Starting today, ZA Bank's retail customers can trade Bitcoin and Ethereum 24/7 through the bank app. The minimum transaction amount is US$70 or HK$600. Commission fees are waived until June 2025, after which a platform fee and a fixed transaction fee will be applied.
Step Toward Hong Kong’s Web3 Vision
ZA Bank's launch of retail crypto services aligns with Hong Kong's ambition to be a global hub for virtual asset trading. The SFC has licensed three platforms, including HashKey and OSL Exchange. Despite many applications, some have been withdrawn.
ZA Bank has become the first bank in Asia to offer retail cryptocurrency services, highlighting the growing interest in digital assets and Hong Kong's digital ambitions.
