The Hong Kong Securities and Futures Commission (hereinafter referred to as the SFC) issued a warning on virtual asset futures contracts, and said that it may be illegal to operate a virtual asset trading platform. Up to now, virtual currency exchanges, including Bi 'an, Huobi and OKEx, have realized online trading of futures contracts.

There are many risks in the business of inserting pins, exploding positions and swiping bills, and related users frequently defend their rights. Still for risk reasons, Huobi and Qian 'an launched futures contract trading less than a year ago. After the popularity of IEO, the virtual currency futures contract products that have been repeatedly criticized have become a battleground for exchange user traffic.