Futu Securities International Launches Crypto Deposit Service
Futu Securities International has introduced a new crypto deposit service.This service supports Bitcoin, Ethereum, and Tether. It lets qualified investors deposit and trade these cryptocurrencies on Futu’s online trading platform.
The firm’s press release highlights this expansion. It now includes stablecoin deposits for USDT, along with major tokens like Bitcoin and Ethereum. This move aims to cater to the growing demand for crypto trading.
Investors can use the Futu niuniu app to trade crypto and customary assets. These include Hong Kong, U.S., and Japanese stocks, options, ETFs, funds, and bonds. The platform makes it easy to switch between crypto and traditional assets. This feature is a game-changer for Hong Kong’s largest online retail brokerage. It aims to bridge the gap between traditional and decentralized finance.
With this feature, users can easily switch between different asset classes. They can choose to hold or sell their crypto holdings.This flexibility is a important step for the company. It allows users to explore various investment options. The app simplifies the investment process. Users can manage their crypto and traditional investments in one place.
Managing Director Xie Zhijian sees a rising interest in crypto deposits and withdrawals. He believes that not many local brokerages offer such services. Futu hopes to provide a better investment experience. The goal is to create a diversified investment platform.