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Announcement on Using HSK for Trading Fee Deduction

HashKey Team
  • Updated
Dear HashKey Exchange user:
 
Thank you for your continued support. We will launch a function of using HSK to deduct trading fees after 7pm on 26 November, 2024 (UTC+8). You can use the HSK earned on HashKey Exchange to deduct trading fees during spot trades, with a 5% discount on the trading fees. The detailed rules are as follows:
  1. This function does not support Omnibus clients currently, clients of other types can all use this function.
  2. The HSK fee deduction function needs to be turned on manually. You can turn it on on the VIP level page. The deduction scope is spot trading. All spot trading pairs support trading fee deduction with HSK. Genesis VIP previleges can be used in combination. The deduction does not apply to fees incurred from deposits, withdrawals, OPT and other types of transactions or scenarios. Turn-on registration and trading information are subject to HashKey Exchange’s records.
  3. HSK deduction is not supported for orders placed before the HSK deduction function is launched. Only after the new function is launched and the order is settled after the HSK fee deduction function is turned on, HSK will be automatically used for trading fee deduction when the trade is completed.
  4. HSK is subject to relevant unlocking schedule arrangements, and you can only use the currently unlocked HSK to deduct trading fees. Your current usable HSK holdings can be viewed on the HSK page page.
  5. Unlocked HSK support transfer between main account and sub-accounts. Main and sub accounts cannot directly use all HSK in a shared way. If your account has a main-sub-account structure, you need to transfer HSK to the corresponding parent/sub-account before you can deduct trading fees when trading with this account.
  6. The maker rate after HSK discount (if any) can be lowered to 0 and the taker rate after HSK discount can be lowered to 0.015% at most. Currently, you can enjoy a 5% discount by using HSK to deduct trading fees. HashKey Exchange reserves the right to adjust the HSK trading fee discount in the future based on market conditions.
  7. The amount of HSK used to deduct trading fees is calculated based on HSK’s real-time price. If the HSK real-time price cannot be obtained under special circumstances, the function of trading fee deduction with HSK will be suspended.
  8. You can view all records of trading fee deduction with HSK via the "My HSK - Usage Records" from the HSK page.
 
If you have any questions or need further assistance, please feel free to contact our team at support@customer.hashkey.com.
 
HashKey Exchange
 
 
Hash Blockchain Limited is responsible for the issue of this material in Hong Kong. It is licensed by the Securities and Futures Commission for Types 1 and 7 regulated activities under the Securities and Futures Ordinance, and has obtained a license to operate a virtual asset trading platform under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). HashKey Exchange does not service users from Mainland China, United States and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator.
 
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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