The HKVAEX website is no longer accessible. According to its release announcement, the HKVAEX platform has been officially closed on May 1, 2024 and new user registration has been suspended. All trading and deposit functions have been discontinued for existing users. For users who still have asset balances on HKVAEX after April 30, 2024, a custodial fee of 20 USDT or equivalent to other virtual assets will be deducted. From May 1, 2024, weekly asset snapshots will start at UTC + 8 00:00.
Previously, it was reported that HKVAEX was established by Binance to obtain a crypto business license in Hong Kong. The website of its trading platform shows that Binance servers are used to obtain content. The shared code of the two companies has similarities, and the terms of use have almost identical templates, indicating that the two companies may also share legal resources. The Hong Kong Securities Supervision Commission updated information on its website at the end of March that the license application submitted by HKVAEX has been withdrawn, and then HKVAEX announced that the service will be suspended in stages starting from April 1, 2024.
HKVAEX is officially closed, and users who still have asset balances after April 30 will deduct 20 USDT storage fee
2024-05-02 09:12:13
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