Hong Kong’s First Licensed Crypto Exchange to List DYDX

Hong Kong’s first licensed cryptocurrency exchange, HashKey, announced it will list the native asset of the decentralized cryptocurrency exchange DYDX. According to the listing announcement, trading for DYDX will begin on December 15th.

As a regulated cryptocurrency exchange, HashKey is getting ready to list DYDX. This listing is viewed as a prestigious step that has sparked discussions about the reliability of the altcoin. HashKey will initiate trading for the altcoin on December 15th at 00:00 HKT in a US dollar (USD) pair.

DYDX trading will only be available to professional investors. HashKey also announced that it has started deposit and withdrawal operations for DYDX to get users ready for the listing.

According to the data and price platform for cryptocurrencies, CoinMarketCap, DYDX is trading at $2.82 with a 1.29% decrease in the last 24 hours as of the time this article was written. The data shows that despite a 155.6% increase since the beginning of the year, DYDX has lost 8.89% in the last 7 days and 12.80% in the last 30 days.

As a regulated crypto exchange, HashKey is meticulous about altcoin listings and currently allows trading for a limited number of assets. With the DYDX listing, the number of listed altcoins on the exchange has risen to 13. HashKey had recently announced and listed RNDR.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.