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Hong Kong's currency, the Hong Kong dollar (HKD), is pegged to the US dollar (USD) through a currency board system. This system ensures the stability and convertibility of the HKD. Hong Kong maintains a significant foreign currency reserve, approximately $440 billion, to support this peg. Despite its size, the reserve cannot indefinitely defend the fixed exchange rate against extreme market pressures. Converting USD to HKD or vice versa is straightforward and can be done through various channels including banks and currency exchange services.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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