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Topic: Hong Kong Investors Preferring Safer Bitcoin Futures over Bitcoins (Read 149 times)

legendary
Activity: 2898
Merit: 1823
In the emerging crypto markets, the Hong Kong investors are turning to the US market for trading bitcoin futures. However, they believe that trading on Hong Kong’s unregulated cryptocurrency exchanges is safest.
Know More: https://coinpedia.org/news/hong-kong-investors-preferring-safer-bitcoin-futures/

You read it wrong. They do not believe that unregulated exchanges are "safest". That's why they prefer Bitcoin futures in the first place. Try to understand what you are reading please.

This is the statement that's worrying.
Quote
However, the company requires Hong Kong customers who want to trade Bitcoin futures. Thus, to have a minimum deposit of US$25,000 in the account and experience in futures trading.

Once the regulators start to enforce too much regulations on regular Bitcoin exchanges to put them out of existence, we are out!

It might be a good time to campaign for trading in decentralized exchanges like BISQ, https://bisq.network/.
full member
Activity: 266
Merit: 101
Im the very decease you pretend to be
Figures.
Only natural. Good sign though. If BTC futures perform good this year, it will take off edge on BTC trading and make it more stable.
....Need to trade like crazy. The situation where 10% volatility does not look like anomaly on price chart will soon be over.
jr. member
Activity: 56
Merit: 1
In the emerging crypto markets, the Hong Kong investors are turning to the US market for trading bitcoin futures. However, they believe that trading on Hong Kong’s unregulated cryptocurrency exchanges is safest.
Know More: https://coinpedia.org/news/hong-kong-investors-preferring-safer-bitcoin-futures/
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