- HashKey has announced the opening of support for 24 crypto exchanges.
- From January 1, 2024, HashKey will accept single crypto deposits of less than 8,000 HKD from the listed exchanges.
- HashKey’s guidelines include that users must meet regulatory-related Travel Rule rules.
Hong Kong-based compliance exchange HashKey has announced opening support for 24 crypto exchanges, including Binance, Coinbase, Bitfinex, Gemini, Bitstamp, and others. Starting January 1, 2024, the compliance exchange will accept single crypto deposits of less than 8,000 HKD from the listed crypto exchanges.
In an earlier publication, HashKey released the guidelines for third-party deposits on its platform. Such deposits can come from approved crypto exchanges on the recently released list. The initial condition for the deposits is that users must meet regulatory-related Travel Rule rules.
While single deposits of less than 8,000 HKD can be used to meet the 24 exchanges designated by the platform, HashKey accepts single digital asset deposits of equal amounts greater than 8,000 HKD from only Binance. The compliance exchange also clarified that first-time deposits from any approved platform must come with relevant proof from the source wallet address.
Other details provided by HashKey include the signing message guide it provides during personal wallet deposits. HashKey stated that the signing message provided during whitelist authentication is strictly for reference purposes. Hence, users are obligated to understand their wallet mechanism.
It noted that inconsistency in a wallet’s withdrawal address would lead to failure when adding it to the whitelist. Therefore, HashKey advised users to run a test with a small amount when authenticating for the first time.
HashKey Exchange is a compliant exchange issued by the Hong Kong Securities and Futures Commission (SFC). Among the details in the digital asset exchange’s guidelines is that it reserves the right to decide whether to accept deposits. HashKey also absolved itself of all third-party exchanges and personal wallet responsibilities.
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Source: https://coinedition.com/hashkey-exchange-announces-support-for-24-crypto-exchanges/