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Victory Securities to Charge 0.05% Insurance Fee on HashKey-Custodied Crypto Accounts

Victory证券将对HashKey保管的加密账户收取0.05%的保险费
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✓ Key facts
  • Victory Securities will begin charging a monthly insurance fee of 0.05% on virtual asset accounts custodied by HashKey, effective August 10.
  • The fee will be calculated daily based on account positions and settled on the second working day of each month.
  • Previously, only OSL-custodied accounts were subject to the 0.05% insurance charge, while HashKey accounts were exempt.
  • This change standardizes costs across Victory Securities' custodial partners and adds a new expense for Asian crypto investors.

Victory Securities, a Hong Kong-based financial services firm, has announced that it will implement a monthly insurance fee of 0.05% on virtual asset accounts that are custodied by HashKey, starting from August 10. This fee will be calculated daily based on the account's positions and will be settled on the second working day of each month, deducted in virtual assets.

Previously, only accounts custodied by OSL were subjected to this insurance charge, while those custodied by HashKey were exempt. The introduction of this fee aims to standardize costs across Victory Securities' custodial partners, thereby ensuring uniformity in charges for their clients.

The new fee structure introduces an additional expense for Asian crypto investors utilizing Victory Securities' platform, potentially impacting their investment strategies as they navigate the evolving landscape of virtual asset management.

中文版

Victory证券将对HashKey保管的加密账户收取0.05%的保险费

总部位于香港的Victory证券宣布,将于8月10日起对HashKey保管的虚拟资产账户实施0.05%的月保险费。该费用将根据账户持仓每日计算,并在每月的第二个工作日结算,以虚拟资产形式扣除。

此前,只有OSL保管的账户需支付此保险费,而HashKey保管的账户则免于此费用。引入此费用的目的是为了在Victory证券的保管合作伙伴之间实现费用标准化,从而确保客户收费的一致性。

新的费用结构为使用Victory证券平台的亚洲加密投资者增加了一项额外支出,可能会影响他们在虚拟资产管理不断变化的环境中的投资策略。

Original reporting: panewslab.com. StarLive rewrote this story in its own words, preserving the facts; the full third-party article is not reproduced. AI-generated · market intelligence, not financial advice.
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