How can individuals in Hong Kong participate in retail crypto trading legally?

3 answers

• Dec 17, 2021 · 3 years ago
  To participate in retail crypto trading legally in Hong Kong, individuals can open an account with a licensed cryptocurrency exchange. These exchanges are regulated by the Securities and Futures Commission (SFC) in Hong Kong, ensuring compliance with the legal framework. By going through the necessary KYC (Know Your Customer) procedures and adhering to the regulations set by the SFC, individuals can trade cryptocurrencies within the boundaries of the law.
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• Dec 17, 2021 · 3 years ago
  If you're in Hong Kong and want to legally participate in retail crypto trading, you need to make sure you're using a licensed exchange. Look for exchanges that are regulated by the Securities and Futures Commission (SFC) in Hong Kong. These exchanges have gone through the necessary legal procedures and are compliant with the regulations. By trading on a licensed exchange, you can have peace of mind knowing that your activities are within the legal boundaries.
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• Dec 17, 2021 · 3 years ago
  One option for individuals in Hong Kong to participate in retail crypto trading legally is by using the BYDFi exchange. BYDFi is a licensed cryptocurrency exchange in Hong Kong, regulated by the Securities and Futures Commission (SFC). By opening an account with BYDFi and going through the necessary KYC procedures, individuals can trade cryptocurrencies legally and securely. BYDFi offers a user-friendly platform and a wide range of cryptocurrencies to trade.
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