Best Cryptocurency Exchange in HK 2025

Compare and choose the best Crypto Exchange Account and Learn how to maximize returns. Read More
We found 2 Online Brokerages for you!
HashKey Exchange

Account Opening Min. Funding

HK$10,000

Account Opening Min. Funding
MoneySmart Exclusive
First licensed virtual asset exchanges in HK
Transaction fees
Up to 0.29%
Custody Fee
HK$0
Account Opening Min. Funding
HK$10,000

【MoneySmart x HashKey】
During the promotion period, successfully open an account through MoneySmart and complete identity verification (KYC). Within 7 days, deposit at least HK$60,000, and maintain a daily average asset balance of HK$60,000 for 30 consecutive days starting from the next day. You will then be eligible to receive additional rewards of HK$500 Apple Store Gift Card / HK$500 PARKnSHOP supermarket vouchers / HK$500 HKTVmall e-Vouchers!
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Year of the Snake Big Gift: Opening an account rewards you with a red packet 🧧
From now until January 31, successfully open an account with MoneySmart and deposit ≥HK$10,000. Click here to share your stock trading plans and financial freedom insights to receive HK$188 (automatically converted to 1,880 SmartPoints) Submit your redemption form by February 28, 2025. Offer is subject to terms and conditions.

HashKey Welcome Offer [Provided by HashKey] Exclusive KOL Invitation Reward: Customers can earn up to 70 HSK
1: Receive 5 HSK for completing basic information verification within 7 days after registering through the invitation link/invitation code.
2: Receive 5 HSK for completing basic information verification within 7 days after registering through the invitation link/invitation code.
Earn 15 HSK for successfully opening an account within 7 days after completing basic information verification.
3: Obtain 50 HSK for successfully upgrading to a professional investor within 30 days after the retail customer successfully opens an account.

New Customer Welcome Package: Up to 140 HSK (Cumulative):

  • Complete online account opening and deposit HK$10,000 to receive 10 HSK.
  • Complete your first spot transaction of virtual assets (≥10 USD) to receive 10 HSK.
  • Complete your first recharge of virtual assets (≥10 USD) to receive 20 HSK.
  • Complete the Professional Investor certification (PI) to receive an additional 100 HSK.

Total of 210 HSK, valued at approximately HKD 2,850+ (1 HSK is roughly equal to 1.75 USD as of [January 14, 2025] (UTC +16:00:00) Promotion ends: February 3, 2025, at 6 PM.

(Note: To check your task progress and reward status, please log in to HashKey Exchange and navigate to [Personal Center] - [Reward Center]. Rewards will be automatically credited the day after you complete the corresponding task. Reward details will only display the records of rewards you have received in the Reward Center.)

Valid until 31 Jan 2025 - See more details below
Apply Now
Futu Securities Account

Account Opening Min. Funding

HK$10,000

Account Opening Min. Funding
MoneySmart Exclusive
U.S. stocks 5x24 hours trading services in HK
Min. Commission Fee US Stocks
US$0.99
Commission Fee HK Stocks
HK$0
Account Opening Min. Funding
HK$10,000

From now until 31 Jan 2025, new users who successfully open account via MoneySmart with promo code「MS24」within 7 days, fulfilling specific requirements and submit the reward claim can get the rewards below. (Either 1)
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Reward 1️⃣: Successfully open account and first deposit HK$80,000 or above and retain for 60 days to get the exclusive rewards:

  • BERMAS 26" Front-open Suitcase (value: HK$3,999) /De'Longhi Icona Vintage Series Pump-Driven Espresso Coffee Machine (value: HK$3,288) B&W PX7-S2e headphone (value: HK$3,380)/ HK$2,000 Apple Store Gift Card / PARKnSHOP supermarket Vouchers / HKTVmall e-Vouchers / HK$2,000 Futu cash coupons (provided by Futu) OR

Reward 2️⃣: Successfully open account and first deposit ≥ HK$10,000 or above and retain for 60 days to get the exclusive rewards:

  • Sennheiser ACCENTUM True Wireless earbuds (value: HK$1,750) / Jollying Pebble 24" Foldable Suitcase (value: HK$1,499) / LG TONE Free T90S Earbuds  (value: HK$1,499) / HK$1,000 Apple Store Gift Card / PARKnSHOP supermarket vouchers / HKTVmall e-Vouchers/ HK$1,000 Futu cash coupons (provided by Futu)

⠀⠀
Year of the Snake Big Gift: Opening an account rewards you with a red packet 🧧
From now until January 31, successfully open an account with MoneySmart and deposit ≥HK$10,000. Click here to share your stock trading plans and financial freedom insights to receive HK$188 (automatically converted to 1,880 SmartPoints) Submit your redemption form by February 28, 2025. Offer is subject to terms and conditions.

Account opening tutorial: Download and start using Futubull app > Click "ME" and enter "Promotion" Click "Redemptions"> Enter the MoneySmart redemptions code - "MS24", and deposit funds within 7 days

Valid until 31 Jan 2025 - See more details below
Apply Now

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Best Cryptocurrency Exchange in HK

Crypto ExchangeTrading FeesAccount Opening Requirement
Hashkey Exchange0.29%18 years or above HK resident
MatrixportHK$018 years or above HK resident
Coinunited.ioHK$018 years or above HK resident
MyethshopHK$018 years or above HK resident
Saxo0.05% of trade value18 years or above HK resident
KikitradeHK$018 years or above HK resident

What is Cryptocurrency?

Cryptocurrencies are a digital means of exchange. In short, it is a digital version of money which uses cryptography as a means of security. Unlike traditional currencies,such as Hong Kong dollar or the dollar, most cryptocurrencies operate with no backing of an authority. Instead of a physical stack of notes or coins, cryptocurrencies are confined to the internet. Its value is determined by market forces.
The performance of cryptocurrencies can be volatile. Over the past year alone, Bitcoin’s price has risen as high as $50,000.

What Is a Crypto Exchange?

A Crypto exchange is a marketplace where you can buy and sell Cryptocurrency. Like brokerage platforms, Crypto exchanges offer a portal on which you can create different order types to buy, sell and trade one Crypto for another- converting Bitcoin to Ethereum, for example - or to buy Crypto using regular fiat currencies, like the Pound sterling. These platforms reflect the current market prices of the Cryptocurrencies they offer. You can also convert the Cryptos back to regular currencies, giving you the option to either withdraw the funds back to your bank account or leave it on the exchange platform to trade back into Cryptocurrencies in the future.

How Does a Crypto Exchange Work?

Unlike traditional exchanges, Crypto exchanges don’t have set trading hours. They are open 24 hours a day, 7 days a week. To place a ‘buy’ order on the exchange, you have to fund your exchange account, also known as a wallet first with regular fiat currency or another Cryptocurrency. The ‘buy’ and ‘sell’ orders are added to the ‘order book’, which lists the amounts of Cryptocurrency that traders want to ‘buy’ and ‘sell’, and the prices they are looking for. Essentially, the exchange acts as a matchmaking service between the buyers and sellers.

How Do I Open a Crypto Exchange Account in HK?

Step 1

First, visit crypto exchange’s website or download its app

Step 2

Then, create an account with your email address and personal information such as your name, date of birth and address.

Step 3

Next, you will need to verify your email address, phone number and identity.

Step 4

You will often be asked to upload your proof of identity, address proof and bank account proof.

Step 5

Finally, once your email address is verified and your account got approved, you can fund your account and start trading.

How to Deposit Money to Crypto Exchanges in HK?

You can usually fund your account by the following ways: 1. eBanking transfer 2. Wire Transfer 3. FPS 4. ATM transfer 5. Cash deposit 6. Credit Card

How to find the Best Crypto Exchange?

Reputation and security of the platform

Security should be at the top of your agenda when it comes to choosing a Cryptocurrency exchange. You need to conduct your research and make sure you only trade on a reputable and secure platform.

Supported Crypto currency

You need to know the Cryptos that are supported by a Crypto exchange before you choose one.

Transaction fees

Spend time to understand the fees involved when trading Crypto currency. It is important to choose a platform that doesn’t have hidden transaction fees to lower your costs.

Method of purchase

Understand the payment options available on different platforms, for example- FPS, bank transfer, wire transfer or Credit Card, and choose the one that suits you the most.

UI and Customer Service

Look for a user-friendly platform with comprehensive educational resources to help you understand more about Crypto. Don’t forget to spend time and check the customer service before deciding which Crypto exchange to go for.

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How to buy and start investing in Crypto?

Step 1

First, create an account with a Crypto exchange.

Step 2

Get a Crypto wallet to hold your Crypto if your exchange doesn’t provide one.

Step 3

Then, access your account and fund it.

Step 4

Finally, identify the Crypto you wish to buy and buy it with the deposited fiat currency.

How to Invest in Bitcoin and Cryptocurrency?

You can buy cryptocurrencies including bitcoin on trading platforms like Myethshop,Kikitrade and Saxo. They are easy to use and you can purchase various cryptocurrencies such as bitcoin.
Another way to invest is through mining - the process in which a crypto is awarded to a computer that solves a complex series of algorithms. In the past, you may be able to mine bitcoin using an average computer but now it is not possible. Also, it is a deeply energy-intensive process, making it quite difficult for an individual to be able to mine bitcoin in this way.

Advantage of Cryptocurrency Trading: Why Trade Cryptos?

Significant Potential for Appreciation

The potential for appreciation and the room for crypto growth is what attracts many new investors to tap into the crypto market. However, it is important to remember that there are no guarantees of gains.

Save by Cutting Out Intermediaries

As cryptocurrencies are decentralized, there is no need for users to rely on a bank or any other financial institution to make transactions. By cutting out the intermediaries, you can save on fees.

Transparency & Security

Every transaction that takes place in a decentralized network is recorded on a public blockchain permanently, therefore one cannot change it once confirmed. What’s more, every cryptocurrency transaction is verified so hackers or scammers cannot manipulate it.

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Risks of Cryptocurrency Trading

What You Should Know Before Trading Cryptos?

Security Issue

Unlike traditional currencies, cryptocurrencies exist in digital form only and they have to be stored in a digital wallet. If you lose your private access key, you may end up losing your digital assets forever, which is why it is important to use comparison platform like MoneySmart to

Difficult to understand

The concept of a decentralized financial system that is stored with the help of blockchain technology can be difficult to understand. Therefore, investors may not understand fully what they are investing in.

Market fluctuations

The crypto market is very volatile. You may be constantly worrying about the rapid changes in the market.

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Compare Cryptocurrencies - Bitcoin vs Other Cryptos

TypeTrading PlatformsFeatures
BitcoinKikitrade,Coinunited
  • First cryptocurrency
  • Most Popular
  • Starting to get more acceptance
Dogecoin Kikitrade,CoinunitedLow entry cost
Litecoin Kikitrade,CoinunitedConfirm transactions much faster than Bitcoin (only 2.5 mins required)
Tether Kikitrade,Coinunited
  • More stable value
  • Pegged at 1-to-1 with a matching fiat currency

How Crypto OTC Trading Works?

Over-the-counter (OTC) trading is a trade made directly between two parties without the involvement of an exchange. It is usually organized among dealers in a marketplace with no central location. For OTC crypto trades, the two parties trade both crypto-to-crypto or crypto-to-fiat.

Learn more about Cryptocurrency

FAQ

How can I buy Crypto?

You can buy Crypto on Crypto Exchange which is a platform where you can trade Crypto.

How can I sell Crypto?

You can do so in some crypto trading platforms such as Binance.

Why should I invest in Crypto?

Although the performance of cryptocurrencies can be volatile, it has a growing track record of holding and increasing in value over time.

Can I buy Crypto with a credit card?

Yes. You can do so in some crypto trading platforms such as Binance.

How Much Money Do You Need to Buy Crypto?

You may be able to buy fractional shares of coins for a small amount of money, depending on the type of Cryptocurrency you want to buy and where you want to buy from.

Is Cryptocurrency legal in HK?

Although it is not considered a legal tender, it is not illegal. It is a virtual commodity, which is outside the regulatory ambit of the Hong Kong Monetary Authority.