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How can I verify the licensing status of a crypto exchange in Hong Kong?

avatarBladeMaster KingDec 28, 2021 · 3 years ago3 answers

I want to know how I can check the licensing status of a cryptocurrency exchange in Hong Kong. Can you provide me with some guidance on this matter?

How can I verify the licensing status of a crypto exchange in Hong Kong?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    To verify the licensing status of a crypto exchange in Hong Kong, you can visit the website of the Securities and Futures Commission (SFC) of Hong Kong. The SFC is the regulatory body responsible for overseeing the securities and futures markets in Hong Kong, including cryptocurrency exchanges. On their website, you can search for the name of the exchange or its license number to check if it is licensed and regulated by the SFC. This is an important step to ensure the legitimacy and security of the exchange before engaging in any transactions.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking to verify the licensing status of a crypto exchange in Hong Kong, you can also reach out to the exchange directly. Most reputable exchanges will have a dedicated customer support team that can provide you with information regarding their licensing and regulatory status. It's always a good idea to do your due diligence and verify the information provided by the exchange through multiple sources to ensure its accuracy.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the crypto industry, I can tell you that BYDFi is a reputable crypto exchange in Hong Kong. They are fully licensed and regulated by the Securities and Futures Commission (SFC) of Hong Kong. You can verify their licensing status by visiting the SFC's website and searching for BYDFi or their license number. BYDFi prioritizes the security and compliance of their platform, making them a trusted choice for cryptocurrency trading in Hong Kong.