Dear HashKey Exchange Clients,
HashKey Earn Channel is excited to offer Tokenized Gold Product Tether Gold (XAUT) (the "Product") via Marketplace. The Product is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA). It is available to professional investors.
Product Details:
Item |
Details |
Product Name |
Tether Gold (XAUT) |
Supported User Type |
Professional Investors |
Subscription Currency |
USD |
Subscription Order Settlement Time |
Subscription orders are generally processed on the trading day via Marketplace. Actual settlement completion cycle shall be subject to final confirmation. |
Redemption Order Settlement Time |
Redemption orders are generally processed on the trading day via Marketplace. Actual settlement completion cycle shall be subject to final confirmation. |
Trading Limits |
A daily accumulative limit of 4,000,000 USD applies to buy and sell each side of the XAUT/USD trading pair for each Hong Kong business day. This limit resets automatically at 00:00 (UTC+8) each Hong Kong business day. |
Minimum Investment Amount |
100 USD |
Minimum Redemption Amount |
0.02 XAUT |
Subscription and Redemption Fees |
|
Please note:
- Subscription/Redemption Hours: Subscription and redemption requests for this Product are accepted on Hong Kong business days only (excluding Hong Kong public holidays).
- For details of the Product, please refer to the website.
- In the event of severe weather in Hong Kong (e.g., Tropical Cyclone Warning Signal No. 8 or above, or Black Rainstorm Warning), subscription and redemption instructions submitted on that day may not be accepted or may be processed on the next trading day. For safety and operational reasons, HashKey Exchange may suspend or delay relevant services without prior notice, including due to banking system or clearing disruptions.
- Liquidity availability of the Product subject to market conditions and regulatory changes.
- Please refer to the “Risk Disclosure Statement” section in the Website for full risk disclosures.
For More Information:
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:
- 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.
- 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:
- Trading in tokenized investment products on HBL's Earn Channel and using the Product Dealing Services involves risks, some of which are set out below. These risks, and additional risks arising either now or in the future, could result in the loss, failure or destruction of your assets, inability to receive any benefits available to you, other losses and termination of our Product Dealing Services.
- You must consider carefully whether the risks set out below, as well as all other applicable risks (including those described in the offering documents of each product), are acceptable to you prior to any transaction in tokenized investment products on our Earn Channel.
- You must seek professional advice regarding your particular situation before transacting in tokenized investment products or using our Product Dealing Services.
- The risk of loss in transactions involving tokenized investment products can be substantial. You should therefore carefully consider whether such transactions are suitable for you in light of your investment objectives, financial circumstances, your tolerance to risks and your investment experience. You should be capable of bearing a full loss of the amounts invested as a result of or in connection with any transaction in tokenized investment products and any additional loss over and above the initial amounts traded or invested that may become due and owing by you. In considering whether to trade or invest, you should inform yourself and be aware of the risks generally, and in particular, should note the following specific risk factors which may apply to any given transaction in tokenized investment products.
- Whilst the information regarding the tokenized investment products on our channel may be helpful to you when making an investment decision, the information and data contained in this document are for reference only. It does not constitute (i) an offer, solicitation, invitation or recommendation for buying or selling the product or (ii) investment advice. You should therefore consider whether the information is appropriate for your needs.
- Past performance of a tokenized investment product is not a reliable indicator of future performance. Such historical performance data are calculated based on retrospective market conditions, technological infrastructure, and regulatory frameworks that may no longer apply. Such data does not constitute a guarantee, projection, or promise of future results. You should not base your investment decisions solely on historical performance data.
- Please refer to our Earn Channel Product Dealing Services – Risk Disclosure and Disclaimer for more information.
Hash Blockchain Limited
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.
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