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Several Hong Kong brokerage apps have begun to provide Bitcoin trading services, requiring the signing of four documents including an additional risk

CointimeCointime2024/06/14 06:04
By:Cointime

Hong Kong brokers are laying out plans to provide trading services for virtual assets such as Bitcoin. Currently, brokers such as Victory Securities, Tiger Securities, and Interactive Brokers have all launched corresponding services, allowing investors to trade virtual assets such as Bitcoin on the broker's app. Some brokers have stated that revenue related to virtual assets may account for about a quarter of the company's overall revenue. It is reported that investors need to open a virtual asset account on the Hong Kong broker's app to trade virtual assets such as Bitcoin, and complete personal securities account or company securities account opening. After completion, they need to fill out and sign four electronic or paper forms: additional agreement for virtual asset trading, additional risk disclosure statement for virtual assets, risk tolerance questionnaire, and virtual asset knowledge and experience questionnaire.

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