Hong Kong-based online brokerage firm Tiger Brokers has launched its cryptocurrency deposit and withdrawal service, ushering in “a new wave of digital investment and redefining market standards”.

The broker’s cryptocurrency services have achieved the core functionalities of deposit, trade and withdraw in the first phase, it adds, “with the convenience and efficiency of the withdrawal service surpassing other platforms that only provide deposit functionality, offering investors a truly seamless experience for cryptocurrency trading”.

As a licensed virtual asset trading platform authorized by the Hong Kong Securities and Futures Commission, the company, it shares, provides a $0 commission and platform fees trading environment to create an efficient and convenient cryptocurrency trading experience for investors.

The $0 commission and platform fees policy significantly reduces transaction costs, the broker points out, and, combined with its efficient deposit and withdrawal function, allows investors to participate more flexibly in the global cryptocurrency market and achieve efficient capital flow.

Hong Kong users are highly active in virtual asset trading. The number of cryptocurrency transactions doubled quarter-on-quarter, according to the UP Fintech’s Q4 2024 report, and the transaction amount quadrupled, reflecting the urgent demand of local investors for compliant virtual asset services.

As well, Tiger Brokers has launched secure and convenient cryptocurrency trading, deposit and withdrawal services, helping investors seize the first-mover advantage and unleash their capital potential.

“Cryptocurrencies are rapidly reshaping the global financial landscape and have become an inevitable choice for investor allocation,” adds Tianhua Wu, the broker’s founder and CEO. “The launch of our deposit and withdrawal service fully meets the urgent demand of investors for capital mobility and flexibility, not only allowing investors to quickly convert virtual assets into actual funds and realize investment returns immediately, but also providing them with the key ability to respond flexibly to market fluctuations and ensure that funds are optimized at critical moments.”