Victory Securities' crypto trading app launches "coin in, coin out" feature to facilitate deposits and withdrawals
According to reports from Oriental Daily News, Hong Kong securities firm Victory Securities (08540) has announced that its stock and cryptocurrency trading app VictoryX has launched a "coin in, coin out" function, making it easier for investors to deposit or withdraw cryptocurrencies, especially for buying and selling funds (ETFs) on cryptocurrency spot exchanges. Executive Director Chen Peiquan stated that the new feature provides investors with a more flexible way to trade virtual assets and is expected to continue improving application design and user experience. Currently, the "coin in, coin out" function is only available for two currencies, Bitcoin and Ethereum, and stablecoin deposits and withdrawals will be supported in the future.Victory Securities obtained relevant licenses for virtual asset businesses last year, including No. 1 (virtual asset trading), No. 4 (virtual asset consulting services) and No. 9 (virtual asset management services), and also supports spot delivery of virtual asset ETFs.
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