Tiger Securities founder: Will exempt commissions to reduce investors' virtual asset transaction costs

Following Futu Securities' earlier announcement of the launch of zero-commission trading Crypto services on August 1, Tiger Securities (Hong Kong) announced the launch of virtual asset trading service offers, including exemption of commissions and platform fees and support for real-time trading settlement of virtual assets in US dollars. The trading time period is 7x24 hours. Wu Tianhua, founder and CEO of Tiger Securities, said that after the group opened the virtual asset trading service, customers responded enthusiastically and hoped to minimize the cost of investors trading virtual assets on the platform. With the Hong Kong government actively launching a series of measures, including the establishment of a licensing system for virtual asset trading platforms and the opening of the first batch of virtual asset spot ETFs at the end of April, it is believed that virtual asset trading will gradually flourish in Hong Kong and attract more capital inflows from overseas and international investment institutions and investors, making Hong Kong a virtual asset center in the region in the future.