Friday , February 28 2025
Home / Bitcoin (BTC) / Mox Bank Launches Crypto ETF Trading, Paving the Way for Broader Crypto Adoption

Mox Bank Launches Crypto ETF Trading, Paving the Way for Broader Crypto Adoption

Summary:
Mox Bank simplifies crypto investments with Crypto ETFs, offering a regulated and safe platform for Hong Kong investors Low trading fees and easy access through the Mox app make investing in emerging asset classes more attractive. The Standard Chartered subsidiary Mox Bank Limited (“Mox”) has announced the launch of bitcoin exchange-traded funds (ETFs) on its Mox Invest platform. Customers may now more easily and safely diversify their portfolios with Mox, the first virtual bank in Hong Kong to allow direct trading of spot Bitcoin and Ether ETFs in addition to derivative Crypto ETFs, owing to this ground-breaking step. Innovative and Customer-Centric Approach According to a recent survey, about one-third of Hong Kong residents use cryptocurrencies, and many of them favor banks that sell

Topics:
Live Bitcoin News considers the following as important: ,

This could be interesting, too:

Bilal Hassan writes Coinbase Expands in Nigeria with Onboard Global Partnership

Guest User writes XRP Price Faces Potential Drop: Leading KOL Warns of Imminent Correction with TD Sequential Sell Signal!

Bilal Hassan writes Bitget Expands in South Africa with Callpay Integration

Bilal Hassan writes Infini Loses Million in Suspected Developer Breach

  • Mox Bank simplifies crypto investments with Crypto ETFs, offering a regulated and safe platform for Hong Kong investors
  • Low trading fees and easy access through the Mox app make investing in emerging asset classes more attractive.

The Standard Chartered subsidiary Mox Bank Limited (“Mox”) has announced the launch of bitcoin exchange-traded funds (ETFs) on its Mox Invest platform. Customers may now more easily and safely diversify their portfolios with Mox, the first virtual bank in Hong Kong to allow direct trading of spot Bitcoin and Ether ETFs in addition to derivative Crypto ETFs, owing to this ground-breaking step.

Innovative and Customer-Centric Approach

According to a recent survey, about one-third of Hong Kong residents use cryptocurrencies, and many of them favor banks that sell cryptocurrency-related products. In response to this demand, Mox offers a variety of exchange-traded funds (ETFs) featuring assets like Bitcoin and Ethereum, including spot and derivative ETFs that are listed in the US and Hong Kong.

Mox’s CEO, Barbaros Uygun, said the company seeks to stay ahead by being innovative and responsive to market changes. Adding Crypto ETFs allows our consumers to comfortably pursue new investing options in a regulated environment.

Customers of Mox Invest benefit from minimal trading fees that are USD0.01 per share for US-listed ETFs (minimum USD5) and 0.12% of the transaction amount for HK-listed ETFs (minimum HKD30). Mox doesn’t charge any extra custodian or maintenance costs.

Mox Bank serves as an affordable, cutting-edge option for investors seeking to gain exposure to the booming world of cryptocurrencies as part of Hong Kong’s desire to become a hub for cryptocurrencies.

Leave a Reply

Your email address will not be published. Required fields are marked *