Top Trading Platforms in Hong Kong

Our expert team has reviewed and compared over 30 digital asset trading platforms available to investors in Hong Kong to help you find the safest and easiest way to buy cryptos. The internal review methodology to determine the rankings considered a wide range of factors including regulatory compliance, security, features, fees and overall user experience.

1. OKX - Best Regulated Crypto Exchange in Hong Kong

OKX is the best and most trusted cryptocurrency exchange for users in Hong Kong because they are one of the only platforms that currently holds a license from the HK Securities and Futures Commission (SFC).  This enables them to offer a wide range of digital assets for trading, including Bitcoin (BTC), Ethereum (ETH) and 300 more. They also provide users with access to advanced trading tools as well as margin and derivatives trading.

  • Fees: 0% maker fees & 0.2% taker fees with variable spreads depending on the token.
  • Supported Cryptos: 300+ cryptos and leverage trading for advanced investors.
  • Regulation & Licensing: Licensed by the SFC in Hong Kong with audited proof-of-reserves.
  • Customer Support Options: 24/7 support via live chat, email, Discord, Twitter and more.
  • HKD Deposit Methods: Bank Transfer, Debit Card, Credit Card, Alipay, Wechat Pay, Bank Wire and more.

2. Bybit - Best Derivatives Exchange in Hong Kong

Bybit is the best crypto derivatives exchange available in Hong Kong, offering both perpetual futures and options contracts for 400+ coins with up to 100X leverage.  They also offer one of the lowest fees in the industry with 0% maker and 0.025% taker fees. Bybit is the perfect platform for investors looking to trade crypto futures contracts without having to worry about counter-party risk as it is fully audited and licensed in the British Virgin Islands (BVI).

  • Fees: 0% maker fees, 0.06% taker fees and variable spreads.
  • Supported Cryptos: 400+ Cryptocurrencies
  • Regulation & Licensing: Not Licensed in Hong Kong by the SFC.
  • Customer Support Options: 24/7 support via live chat, email and Discord.
  • HKD Deposit Methods: Bank Transfer, Debit Card, Credit Card, Alipay, Wechat Pay, Bank Wire and more.

3. Binance - Best Global Crypto Exchange

Binance is another exchange that is on the approved list of crypto asset trading platforms for residents in the Hong Kong by the SFC.  Binance is the world's largest cryptocurrency exchange and offers more than 400 coins for trading with deep liquidity, low fees and 24/7 customer support. It also allows has its own blockchain called BNB Chain that allows users to easily get access to high yielding DeFi products in a more user friendly way than Ethereum & alternative networks.

  • Fees: 0.1% flat fee for instant buy/swap & 0.02% Maker - 0.07% Taker fees.
  • Supported Cryptos: 350+ Cryptocurrencies
  • Regulation & Licensing: Approved but not licensed in Hong Kong by the SFC.
  • Customer Support Options: 24/7 support via live chat, email, Twitter, Discord & Telegram.
  • HKD Deposit Methods: Bank Transfer, Debit Card, Credit Card, Alipay, Wechat Pay & Paypal.

4. Phemex - Best for Crypto Options in Hong Kong

Phemex is a popular cryptocurrency options trading platform that is available to investors in Hong Kong. They offer competitive fees and leverage for spot markets, options contracts and futures contracts with up to 125X leverage. The exchange also offers users advanced trading tools such as charting capabilities, API access, margin & derivatives trading and more.

  • Fees: 0.01% Maker Fee and 0.06% Taker Fee for Perpetual Contracts. 0.1% for spot trading.
  • Supported Cryptos: 150+ Cryptocurrencies
  • Regulation & Licensing: Not licensed by the SFC in Hong Kong. Based in Seychelles.
  • Customer Support Options: 24/7 support via live chat, email, Twitter, Discord & Telegram.
  • HKD Deposit Methods: Bank Transfer, Debit Card, Credit Card & Crypto Deposits.

5. Gate.io - Best for Altcoins

Gate.io is a crypto exchange that offers access to over 1,400 altcoins for trading with competitive fees and deep liquidity. They also offer margin and derivatives trading with up to 100X leverage, advanced order types and charting features. Gate.io is a popular choice among traders in Hong Kong as it has one of the most comprehensive selection of coins available for trading.

  • Fees: 0.1% Maker Fee and 0.2% Taker Fee for Spot Markets, 0.04% - 0.06% for Perpetual Contracts & Options Trading.
  • Supported Cryptos: 1400+ Cryptocurrencies
  • Regulation & Licensing: Not licensed in Hong Kong by the SFC.
  • Customer Support Options: 24/7 support via live chat, email, Twitter, Discord & Telegram.
  • HKD Deposit Methods: Bank Transfer, Debit Card, Credit Card & Crypto Deposits.

Is Crypto Investing Legal in Hong Kong?

In Hong Kong, crypto investing is legal, but the regulatory environment is still evolving. The Securities and Futures Commission (SFC) has issued guidance stating that some crypto assets may be considered securities, and therefore subject to securities laws. The SFC also requires cryptocurrency exchanges operating in Hong Kong to be licensed and to comply with anti-money laundering and counter-terrorist financing regulations.

Additionally, the Hong Kong Monetary Authority has issued warnings about the risks of investing in crypto assets. It is important to consult with a financial advisor and conduct thorough research before making any investment decisions.

Bottom Line

Cryptocurrency trading is becoming increasingly popular in Hong Kong, and there are now several exchanges that offer a range of services to investors. That said, our top pick for investors in the country would have to be OKX based on its regulatory compliance, deep liquidity and wide selection of coins.

Other exchanges such as Binance, Phemex and Gate.io also offer competitive fees and a range of services that could be suitable for investors in Hong Kong. It is important to remember to conduct thorough research before making any investment decisions and always consult with a financial advisor.