Cryptocurrencies

Hashkey HK Launches AVAX Trading with $1M Portfolio Requirement

Hong Kong’s crypto exchange Hashkey, which is the first to obtain a retail crypto license in the Special Administrative Region, is set to introduce trading for AVAX on its platform. However, there are specific restrictions in place.

As announced on September 27, only professional investors—defined as individuals with an investment portfolio exceeding 8 million Hong Kong dollars (approximately $1 million) according to the region’s Securities & Futures Commission—will be allowed to trade AVAX on the Hashkey exchange. Currently, the only cryptocurrencies approved for retail trading are Bitcoin (BTC), Ether (ETH), and Tether (USDT), while other altcoins remain restricted to professional investors.

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