What is the future of HKD in cryptocurrency trading?

3 answers

• Dec 26, 2021 · 3 years ago
  The future of HKD in cryptocurrency trading is uncertain. While the HKD is currently not widely used in the cryptocurrency market, it is possible that it could gain more acceptance in the future. As more countries and institutions adopt cryptocurrencies, there may be a need for more fiat currencies like the HKD to be used as trading pairs. However, this will depend on various factors such as regulatory changes, market demand, and the overall adoption of cryptocurrencies in Hong Kong.
  488244
• Dec 26, 2021 · 3 years ago
  I don't think the HKD will have a significant role in cryptocurrency trading in the future. Cryptocurrencies are designed to be decentralized and independent of traditional fiat currencies. While some exchanges may offer HKD trading pairs, the majority of cryptocurrency trading is done using major cryptocurrencies like Bitcoin and Ethereum. The HKD may have limited utility in the cryptocurrency market unless there are significant changes in regulations or market dynamics.
  476159
• Dec 26, 2021 · 3 years ago
  At BYDFi, we believe that the future of HKD in cryptocurrency trading is promising. As a leading cryptocurrency exchange, we are actively working towards expanding the availability of HKD trading pairs on our platform. We recognize the importance of providing users with diverse trading options, and the inclusion of HKD pairs is part of our commitment to serving the Hong Kong market. With the growing interest in cryptocurrencies and the increasing adoption of blockchain technology in Hong Kong, we anticipate that the demand for HKD trading pairs will continue to rise in the future.
  587147