ZA Bank in Hong Kong Launches Bitcoin and Ethereum Trading – Expert Review
Hong Kong’s ZA Bank has joined the world of cryptocurrency by offering a new service that allows retail customers to buy and sell assets like Bitcoin and Ethereum directly with fiat currency. This move comes as more nations around the globe are getting involved in the crypto market.
To access this service, Hong Kong citizens must have an account with ZA Bank and complete a risk assessment. Currently, the bank is offering only Bitcoin and Ethereum for trading, thanks to a partnership with the prominent cryptocurrency exchange HashKey.
Calvin Ng, alternate chief executive of ZA Bank, highlighted the importance of security and compliance in this venture. The bank has partnered with HashKey to ensure regulatory standards are met and to provide bank-grade security for virtual asset trading.
This decision to launch cryptocurrency trading reflects a growing interest among Hong Kong citizens in investing in this market. ZA Bank’s integration of a cryptocurrency trading platform into its banking services offers customers a seamless experience of combining regulated bank accounts with crypto trading. With a user base of 800,000, ZA Bank is now one of the largest banks in the region.
