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Hong Kong brokerage APP Bitcoin trading service requires investors to sign four documents including additional risk disclosure statement, and the tra

Hong Kong brokerage APP Bitcoin trading service requires investors to sign four documents including additional risk disclosure statement, and the tra

CointimeCointime2024/06/14 06:43
By:Cointime

On June 14th, according to Securities Times, some Hong Kong securities firms are laying out plans to provide trading services for virtual assets such as Bitcoin, allowing investors to trade virtual assets such as Bitcoin on the securities firm's app. Some securities firms have stated that revenue related to virtual assets may account for about one-fourth of the company's income. It is reported that investors need to open a virtual asset account on the securities firm's app in order to trade virtual assets such as Bitcoin. After completion, they need to fill out and sign four documents electronically or on paper: additional agreement for virtual asset trading, additional risk disclosure statement for virtual assets, risk tolerance questionnaire, and virtual asset knowledge and experience questionnaire. Securities firms have set a relatively low entry threshold for trading virtual assets, with a trading threshold starting at $100.

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