Currencies28600
Market Cap$ 2.45T+0.59%
24h Spot Volume$ 33.35B+2.38%
BTC Dominance50.96%+0.43%
ETH Gas5 Gwei
Cryptorank
CryptoRankNewsHashkey To B...

Hashkey To Blend Binance & Coinbase Features For Global Exchange


Apr, 08, 2024
2 min read
by Coingape
Hashkey To Blend Binance & Coinbase Features For Global Exchange

Hashkey Global, a Hong Kong-based crypto exchange scene, is set to shake up the market with its global crypto platform. It is considering unique approach aiming to blend the user experience of Binance with the regulatory compliance of Coinbase. In a recent interview, Ben Elbaz, the Managing Director at Hashkey Global, shed light on the company’s ambitious plans and strategies for its global crypto exchange.

Hashkey To Combine Binance & Coinbase’s Best Features

Established in 2018, Hashkey Global has diligently worked towards acquiring a license in Hong Kong to operate an exchange. Recognizing a gap in the market for a globally operated exchange under investor protection regimes, the company set its sights on becoming a pioneer in this space. In a Bloomberg interview, Elbaz highlighted the importance of offering a platform that instills confidence in users, particularly in terms of regulatory compliance and security measures.

With a keen understanding of evolving user perspectives and heightened awareness of counterparty risks, Hashkey Global aims to differentiate itself by prioritizing investor protection and safety. Moreover, Elbaz emphasized the significance of segregating client assets from company assets. In addition, he stated that the exchange will implement stringent security measures, and obtaining insurance for client assets.

Furthermore, he termed it as a strategy aimed at building trust and credibility among users. Hashkey Global’s strategy revolves around combining the best aspects of leading exchanges like Binance and Coinbase. Moreover, Hashkey is also determined to give a tough competition to Coinbase.

While Binance excels in user experience and product offerings, Coinbase stands out for its regulatory compliance and security features. By amalgamating these attributes, Hashkey Global aims to create a compelling value proposition for crypto traders worldwide.

MD Discusses Roadmap For Global Exchange

The company’s roadmap includes the gradual rollout of various trading products and services. Starting with spot trading for a curated selection of assets, Hashkey Global plans to introduce perpetual futures trading, launchpad services for new web three apps, and staking services for users. These offerings are designed to cater to diverse trading needs and attract a broad user base.

In terms of targets, Hashkey Global has ambitious goals for user acquisition and trading volume. While specific figures were not disclosed, Elbaz emphasized the importance of achieving millions of users and billions of assets under custody to compete effectively in the market. Moreover, the success metrics include daily and monthly active users, assets under custody, and trading volumes.

In addition, the latest CEX launch marks the beginning of an exciting journey towards becoming a top-tier global crypto exchange. With a focus on user experience, regulatory compliance, and innovation, Hashkey Global aims to carve out a significant presence in the highly competitive crypto market.

The post Hashkey To Blend Binance & Coinbase Features For Global Exchange appeared first on CoinGape.

Read the article at Coingape

Read More

Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem

Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem

Mishaboar, a Dogecoin community member and developer has flagged Coinbase Wallet and ...
May, 04, 2024
2 min read
by Coingape
Breaking: New Class Action Lawsuit Filed Against Coinbase, Brian Armstrong

Breaking: New Class Action Lawsuit Filed Against Coinbase, Brian Armstrong

Crypto exchange firm Coinbase faces another class action lawsuit alleging the company...
May, 04, 2024
2 min read
by Coingape
CryptoRankNewsHashkey To B...

Hashkey To Blend Binance & Coinbase Features For Global Exchange


Apr, 08, 2024
2 min read
by Coingape
Hashkey To Blend Binance & Coinbase Features For Global Exchange

Hashkey Global, a Hong Kong-based crypto exchange scene, is set to shake up the market with its global crypto platform. It is considering unique approach aiming to blend the user experience of Binance with the regulatory compliance of Coinbase. In a recent interview, Ben Elbaz, the Managing Director at Hashkey Global, shed light on the company’s ambitious plans and strategies for its global crypto exchange.

Hashkey To Combine Binance & Coinbase’s Best Features

Established in 2018, Hashkey Global has diligently worked towards acquiring a license in Hong Kong to operate an exchange. Recognizing a gap in the market for a globally operated exchange under investor protection regimes, the company set its sights on becoming a pioneer in this space. In a Bloomberg interview, Elbaz highlighted the importance of offering a platform that instills confidence in users, particularly in terms of regulatory compliance and security measures.

With a keen understanding of evolving user perspectives and heightened awareness of counterparty risks, Hashkey Global aims to differentiate itself by prioritizing investor protection and safety. Moreover, Elbaz emphasized the significance of segregating client assets from company assets. In addition, he stated that the exchange will implement stringent security measures, and obtaining insurance for client assets.

Furthermore, he termed it as a strategy aimed at building trust and credibility among users. Hashkey Global’s strategy revolves around combining the best aspects of leading exchanges like Binance and Coinbase. Moreover, Hashkey is also determined to give a tough competition to Coinbase.

While Binance excels in user experience and product offerings, Coinbase stands out for its regulatory compliance and security features. By amalgamating these attributes, Hashkey Global aims to create a compelling value proposition for crypto traders worldwide.

MD Discusses Roadmap For Global Exchange

The company’s roadmap includes the gradual rollout of various trading products and services. Starting with spot trading for a curated selection of assets, Hashkey Global plans to introduce perpetual futures trading, launchpad services for new web three apps, and staking services for users. These offerings are designed to cater to diverse trading needs and attract a broad user base.

In terms of targets, Hashkey Global has ambitious goals for user acquisition and trading volume. While specific figures were not disclosed, Elbaz emphasized the importance of achieving millions of users and billions of assets under custody to compete effectively in the market. Moreover, the success metrics include daily and monthly active users, assets under custody, and trading volumes.

In addition, the latest CEX launch marks the beginning of an exciting journey towards becoming a top-tier global crypto exchange. With a focus on user experience, regulatory compliance, and innovation, Hashkey Global aims to carve out a significant presence in the highly competitive crypto market.

The post Hashkey To Blend Binance & Coinbase Features For Global Exchange appeared first on CoinGape.

Read the article at Coingape

Read More

Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem

Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem

Mishaboar, a Dogecoin community member and developer has flagged Coinbase Wallet and ...
May, 04, 2024
2 min read
by Coingape
Breaking: New Class Action Lawsuit Filed Against Coinbase, Brian Armstrong

Breaking: New Class Action Lawsuit Filed Against Coinbase, Brian Armstrong

Crypto exchange firm Coinbase faces another class action lawsuit alleging the company...
May, 04, 2024
2 min read
by Coingape