Dear HashKey Exchange Clients,
We are excited to announce that Maker (MKR) will be listed on HashKey Exchange, the licensed virtual asset exchange in Hong Kong.
Listing Information and Schedule:
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Deposits & Withdrawals: Open Now
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Trading: Opens at 16:00 on November 24, 2023 (UTC+8)
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Trading Pair: MKR/USD
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Supported User Type: Professional Investors Only
Note:
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Deposits and withdrawals of MKR are available via ERC20 network, register and make your MKR deposit now!
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Clients will enjoy Zero Trading Fees on all trading pairs until further notice. Please refer to "Zero trading fee promotion going live!" for more details.
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For order placing rules of new pair listing, please refer to "Trading Rules on Order Placing" for more information.
To celebrate the listing of Maker (MKR) on HashKey Exchange, we are launching the Learn to Get HSK Campaign to giveaway a reward pool of 5,000 HSK to qualified HashKey Exchange clients.
Campaign Period: Nov 23, 2023, 5PM UTC+8 to Dec 07, 2023, 5PM UTC+8
Campaign details:
During the campaign period, clients who simply complete the following tasks will have the chance to get 20 HSK rewards:
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Log in or sign up for a HashKey Exchange account and complete the KYC verification
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Learn about Maker and complete the quiz with all correct answers
Rewards will be distributed on a first-come, first-served basis to the first 250 clients who submit the quiz with all correct answers.
What is HSK? Learn more here: https://www.hashkey.com/en-US/hskPoints
About Maker (MKR)
Maker (MKR)is the governance token for Maker protocol built on the Ethereum blockchain to enable the creation of a stablecoin called Dai in a decentralized manner. Unlike other stablecoins, Dai is generated through collateralized debt positions (CDPs), where users lock up their cryptocurrency assets as collateral. This collateralization ensures that Dai maintains a stable value relative to a target, typically the US dollar. The protocol utilizes an autonomous feedback mechanism called the Dai Stability System (DSS) to regulate the supply and demand of Dai and maintain its price stability. The Maker protocol's unique feature lies in its decentralized approach to creating and maintaining a stablecoin, offering stability and utility in the crypto ecosystem.
Learn more about Maker (MKR):
Campaign Rules:
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Only quiz submissions made within the event period will be eligible for the reward calculation for this campaign.
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The campaign is limited to one participation per individual. The Sub-Accounts and Master Account will be treated as the same account when participating in the campaign.
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To receive the rewards, clients must have a valid HashKey Exchange UID and complete the client onboarding process (including any applicable KYC assessments) on HashKey Exchange.
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Rewards will be granted on a first-come, first-served basis, until the rewards are fully distributed.
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The HSK rewards will be credited to eligible clients' HSK account within 10 days after the event ends. Clients can view their HSK rewards via the HSK page.
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If HSK is unable to launch as intended due to unanticipated factors, reward payouts may be delayed or canceled if launch is not viable. Hashkey Exchange will devise relevant compensation plans should special circumstances present themselves.
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All cheating behavior will result in disqualification of the invitation to participate and cancellation of the HSK rewards obtained during the campaign period.
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By participating in this campaign, clients agree to the Terms and Conditions of HashKey Exchange Promotional Campaign.
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HashKey Exchange reserves the right to cancel or modify this campaign at any time without notice.
Notice on Management of Voting Rights for Virtual Assets
HashKey Exchange's policies concerning the handling of voting rights that may be associated with certain virtual assets traded on this platform:
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Non-Exercise of Voting Rights: HashKey Exchange does not exercise voting rights associated with virtual assets on behalf of its users. The role of HashKey Exchange is strictly to provide a trading platform for these assets, not to participate in the governance of any assets that may confer voting rights.
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Users' Exercise of Voting Rights: Users who wish to exercise any voting rights associated with their virtual assets are required to withdraw the respective assets from our platform.
HashKey Exchange encourages users to fully understand the rights associated with any virtual assets they may hold.
Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. HashKey Exchange does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. HashKey Exchange shall not be liable for any consequences thereof.
Risk warning and disclosure: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. HashKey Exchange is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Risk Disclosure Statement for more information.
RISK WARNING ABOUT HSK
Please be aware that although HSK is not listed on HashKey Exchange, it is now listed and available for trading on several other exchanges. However, it may still be subject to various trading restrictions in accordance with applicable laws and regulations. These restrictions may include limiting HSK trading to individuals or entities who are "professional investors" as defined by the Hong Kong Securities and Futures Ordinance (SFO). There is also no guarantee of the continued listing status of HSK on any exchange. The trading of HSK may be suspended and HSK may be delisted due to reasons beyond HashKey Exchange and its affiliates’ control. The value of HSK remains subject to substantial risk and may diminish or fluctuate significantly in response to various market conditions and other factors beyond HashKey Exchange and its affiliates’ control. HashKey Exchange and its affiliates make no warranties, express or implied, in relation to HSK or any rewards and disclaim any liability relating thereto.
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