Futu Securities International, the largest online brokerage in Hong Kong, is enticing new customers to open accounts by offering deposit bonuses in Bitcoin. The promotional offer, which runs from August 1 to August 31, 2024, provides various rewards, including substantial Bitcoin bonuses, to attract and incentivize new investors to start their trading journey.
To be eligible for the promotion, individuals must be 18 years or older, never have held a Futu HK brokerage account, and have not deposited funds with Futu HK prior to August 1, 2024. Additionally, participants must possess a Hong Kong resident identity card or an overseas passport.
The deposit rewards are divided into tiers, offering different options for participants. The first tier reward requires a minimum deposit of HK$10,000 by August 31, 2024, and an average daily asset balance of HK$10,000 for 60 days. Participants can choose between three rewards: a share of Alibaba, a HK$400 ($51) supermarket voucher, or HK$600 ($76) in Bitcoin. The rewards will be issued or credited to the account within ten trading days, 60 days after the end of the promotion.
For the second tier reward, participants must make a minimum deposit of HK$80,000 and maintain an average daily asset balance of HK$80,000 ($10,245) for 60 days. In this tier, participants can choose between a share of Nvidia and HK$1,000 ($128) in Bitcoin.
Futu Securities launched its digital currency trading services, regulated by the Hong Kong Securities Regulatory Commission, on August 1. This service allows customers to directly purchase digital currencies, such as Bitcoin and Ethereum, using Hong Kong dollars and US dollars at real-time exchange rates.
In July, Hong Kong introduced a new regulatory framework for stablecoins, which received broad approval from stakeholders after a two-month public consultation process.