Hong Kong-based online broker Futu has received a new license from the regulator, allowing it to open trading between cryptocurrencies and Hong Kong and US dollars. The Block writes about this.
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The broker allows direct trading between bitcoin-dollar and Ethereum-dollar pairs.
“We saw a positive market reaction on the first day our crypto trading services went live,” the company said.
This is the first brokerage firm in Hong Kong, offering commission-free cryptocurrency trading.
Cryptocurrency to dollar exchange rate
- Bitcoin Cryptocurrency Dollar