, Hong Kong
121 view s
Mox Bank.

Mox Bank opens platform to crypto-related investing

Mox Invest users can access and invest in crypto ETFs.

Mox Bank is introducing exchange-traded cryptocurrency funds (crypto ETFs) in its Mox Invest platform.

Customers of the Hong Kong virtual bank can access and invest in crypto ETFs using the Mox Invest platform beginning 7 August.

These include HK-listed spot and derivative Crypto ETFs and US-listed derivative Crypto ETFs. Investable underlying assets include Bitcoin and Ethereum for spot Crypto ETFs and Bitcoin and Ethereum futures for derivative Crypto ETFs.

Mox Invest offers a trading fee of 0.12% of the transaction value (minimum HK$30) for HK-listed ETFs and US$0.01 per share (minimum $5) for US-listed ETFs. 

Mox said that it does not impose any custodian fee or management fee beyond those charged by the asset management company managing the specific ETF.

A 2021 survey by Visa, which found that nearly 1 in 3 or a third of people in Hong Kong have engaged in crypto, and 1 in 3 crypto owners are likely to switch their primary banks to one that offers crypto-related products.

Mox Invest’s new service makes Mox Bank the first virtual bank in Hong Kong to offer crypto-related investment products, according to a press release.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
Media & Marketing

Exclusives

Stellerus helps organisations manage hazard, climate risks
The Hong Kong startup offers a fast and accurate early warning system for natural disasters.
K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.