ZA bank launches $0-fee crypto trading

ZA Bank launched cryptocurrency trading offers, slashing trading fees to as low as HK$0 within this quarter, as the city's digital asset market maintains its momentum.

Customers who open cryptocurrency trading services for the first time will enjoy unlimited HK$0 commission and transaction fees for the first 90 days after opening an account, ZA Bank said.

The bank recently offered users who activated cryptocurrency trading services before July 1 HK$0 commission, as well as a 0.30 percent trading fee, cut down from a previous 1.50 percent of the transaction amount.

Riding the global web3 wave and the promotion of Hong Kong policies, ZA Bank said it expects to encourage more Hong Kong people to participate in digital asset investment at a low threshold through the discounts.

HELEN ZHONG