Best Crypto Exchanges in Hong Kong

Best Crypto Exchanges in Hong Kong

Summary: Hong Kong has positioned itself as one of Asia’s most progressive hubs for cryptocurrency, with a clear licensing regime from the Securities and Futures Commission (SFC). This framework enables retail access through regulated platforms, stablecoin rules, and crypto ETFs.

Here are the leading crypto exchanges supporting Hong Kong dollar (HKD) deposits:

  1. Kraken - Best Crypto Exchange in Hong Kong
  2. Gate - Trade 3,600+ Cryptocurrencies
  3. BloFin - Popular No-KYC Crypto Exchange
  4. Crypto.com - Leading Crypto Debit Card
  5. OKX - Access Web3 Products like OKX Wallet
  6. HashKey Exchange - Hong Kong-Based Exchange

Top Crypto Trading Platforms in Hong Kong

Hong Kong has built a regulated framework for digital assets. Licensed exchanges operate under oversight from the Securities and Futures Commission (SFC), ensuring investor protection and compliance with international standards. The table below highlights the top exchanges available in Hong Kong, comparing fees, supported assets, HKD deposit methods, and features.

Exchange
Cryptocurrencies
Trading Fees
Deposit Methods
Key Features
Kraken
500+
0.16% Maker and 0.26% Taker
Bank Transfer, Credit/Debit Cards
Kraken Pro, Margin, Spot, Futures, Staking, Stocks, xStocks
Gate
3,600+
0.2%
Bank Card, Apple Pay, Google Pay, Samsung Pay
Copy Trading, Bots, Staking, Futures, Launchpad, Gate Card
BloFin
600+
0.1%
Credit/Debit Card, Apple Pay, Google Pay
No-KYC, Futures, Copy Trading, Trading Bots, Margin
Crypto.com
400+
0.15% Maker and 0.3% Taker
Bank Transfer, Credit/Debit Card, Apple Pay, Google Pay
Crypto Visa Card, Rewards+, Onchain DeFi, Futures, Staking
OKX
350+
0.08% Maker and 0.1% Taker
Credit/Debit Cards, Bank Transfers
OKX Wallet, DEX Aggregator, Staking, NFT Trading, Web3
HashKey Exchange
22
0.29%
Bank Transfers
SFC Licensed, Earn Channel, HSK Token, Spot Trading

1. Kraken - Best Crypto Exchange in Hong Kong

Kraken is a veteran platform founded in 2011 that Hong Kong traders use for a broad mix of crypto and traditional markets in one place. The Kraken app lets you buy or convert crypto in minutes, set auto-invest schedules, send payments instantly, and track your portfolio across 500+ cryptocurrencies. 

For active traders, Kraken Pro delivers deep order books, low spreads, and advanced order types. You can trade margin (up to 10× on selected markets) and access 300+ perpetual futures. Stakers can earn weekly rewards on a wide list of assets with flexible or bonded options. 

Additionally, a Kraken+ subscription unlocks zero-fee trading on eligible pairs, while Stocks and xStocks (tokenized U.S. stocks and ETFs) offer commission-free equity exposure. The user interface is also offered in multiple languages, including English, Cantonese, and Mandarin. 

Platform Highlights:

  • Fees: Spot trading fees start at 0.16% maker and 0.26% taker. Kraken+ can offer zero-fee trading on eligible pairs.
  • Supported Assets: 500+ cryptocurrencies, 300+ perpetual futures, plus Stocks and xStocks for U.S. equities and ETFs.
  • Regulation & Licensing: Licensed in multiple jurisdictions globally, but not specifically in Hong Kong. However, it remains accessible to residents.
  • HKD Deposit Methods: Bank transfer, credit card, debit card.
Kraken.

2. Gate - Trade 3,600+ Cryptocurrencies

Gate is a high-liquidity exchange popular with Hong Kong traders for its asset depth. It reports 37 million users and a 123.98% proof-of-reserves ratio, which signals strong backing of assets. The platform lists 3,600+ coins, including GateToken (GT) which offers fee discounts and platform perks.

Services span spot, futures, margin, copy trading, and a deep catalog of trading bots (grid, DCA, smart rebalance) with multi-year strategy track records and public leaderboards. Gate’s Simple Earn hub targets convenient yield with flexible and fixed terms and hourly accrual on matched lending. 

The experience is built for fast execution and discovery: Quick Convert for one-tap swaps, advanced order types on pro charts, a futures copy-trading marketplace with curated “Prime Traders”. The platform also provides multilingual support, accessible in Cantonese, Mandarin and English.

Platform Highlights:

  • Fees: Spot from 0.2%, reduced with GT.
  • Supported Assets: 3,600+ cryptocurrencies.
  • Regulation & Licensing: Operates as a global exchange but not directly licensed by the SFC. Hong Kong based users can access the platform but must use a VPN.
  • HKD Deposit Methods: Bank card, Google Pay, Apple Pay, Samsung Pay.
Gate.

3. BloFin - Popular No-KYC Crypto Exchange

BloFin targets active traders with fast futures execution, deep derivatives coverage and a Unified Trading Account that lets you run multiple strategies under one balance. The exchange is popular among investors in Hong Kong as it does not require identity verification to access services.

Copy Trading is a core draw: public leaderboards rank top ROI, prudent drawdowns and “highest copiers’ PnL,” and events have included first-trade loss coverage for new copiers. If you prefer automation, Trading Bots cover grid, DCA, TWAP and signal-driven setups, with backtested ranges. 

For passive strategies, BloFin Earn lists flexible and fixed-term products with published APR bands on majors (USDT, USDC, BTC, ETH, SOL, ADA). Day-to-day markets include spot and USDT/USDC-margined perpetuals across BTC and ETH, plus periodic coin-margined contracts.

Platform Highlights:

  • Fees: Spot trading starts from 0.1%.
  • Supported Assets: 600+ cryptocurrencies.
  • Regulation & Licensing: Not licensed in any jurisdiction hence no KYC requirements.
  • HKD Deposit Methods: Credit card, debit card, Apple Pay, Google Pay.
BloFin.

4. Crypto.com - Leading Crypto Debit Card

Crypto.com is a consumer-first trading app and exchange built for everyday spending and investing. The app supports 400+ cryptocurrencies with pricing in 20+ fiat currencies. Its Crypto.com Visa Card remains the main product, tiered cards pay CRO rewards on everyday and travel spend.

On the exchange side, active traders get low-latency order books, advanced order types, and a clear fee schedule. The company discloses proof of reserves and promotes a broad compliance posture, pairing security certifications (e.g., SOC, ISO and PCI) with 24/7 support in Mandarin and Cantonese. 

Crypto.com markets 150M+ users globally and continues to add products like baskets, on-chain yield options, and price alerts that help Hong Kong investors manage timing and risk. The app also includes Rewards+, Pay for consumer and merchant payments, and research sections for market updates.

Platform Highlights:

  • Fees: Spot trading fees start at 0.15% for makers and 0.3% for takers.
  • Supported Assets: 400+ cryptocurrencies.
  • Regulation & Licensing: Hong Kong entity Foris DAX HK Limited (CE BUT252) is deemed licensed under the AMLO and not currently SFC-licensed.
  • HKD Deposit Methods: Bank transfer, credit card, debit card, Apple Pay, Google Pay.
Crypto.com.

5. OKX - Access Web3 Products like OKX Wallet

OKX blends a full-featured exchange with a powerful Web3 stack. On the CEX side, you get fast spot and derivatives markets, TradingView charts, plus grid and copy trading. On the Web3 side, OKX Wallet gives self-custody across 130+ networks, letting you store, swap, stake, and connect to dApps.

The wallet’s DEX Aggregator uses X Routing to scan 400+ DEXs across multi-chain liquidity for best-execution, splitting orders and optimizing for fees and slippage. You can choose Easy, Advanced, or Meme Mode, bridge assets, set MEV-protected swaps, and monitor real-time on-chain data.

Institutions get an upgraded toolkit with high-throughput APIs, account hierarchies, reporting, and connectivity to deep order books. Retail users in Hong Kong value the smooth fiat on-ramp, strong mobile app, and the option to operate fully on-chain through OKX Wallet when they prefer self-custody.

Platform Highlights:

  • Fees: Spot trading fees start at 0.08% for makers and 0.1% for takers.
  • Supported Assets: 350+ cryptocurrencies.
  • Regulation & Licensing: Operates globally with compliance controls; Hong Kong access depends on local rules and product type (check in-app availability).
  • HKD Deposit Methods: Credit card, debit card.
OKX.

6. HashKey Exchange - Hong Kong-Based Exchange

HashKey Exchange is Hong Kong’s homegrown, fully regulated platform built for investors who want fiat rails and strict safeguards. It holds SFC Type 1 and Type 7 licenses and is TCSP-licensed, with client funds kept in segregated accounts and covered by institutional-grade custody insurance. 

HKD and USD markets are live, so locals can move between bank money and crypto with fewer hops. As of 2025, the exchange is ranked #17 on CoinGecko, making it Hong Kong’s largest exchange. The native HSK token anchors promotions, including anniversary trading campaigns and new-user rewards.

Yield tools arrive through the Earn Channel, which lists tokenized cash-style products alongside curated notes. Current line-up includes STBL short-term asset-backed liquidity notes (4.29 - 4.34% APR) and Bosera money-market ETF tokenized classes in HKD (2.23 - 2.33%) and USD (4.29 - 4.32%). 

Platform Highlights:

  • Fees: Spot trading fees start from 0.29%.
  • Supported Assets: 22 cryptocurrencies.
  • Regulation & Licensing: SFC Type 1 & Type 7 licenses, and TCSP certified
  • HKD Deposit Methods: Bank transfers.
HashKey Exchange

Is Crypto Regulated in Hong Kong?

Hong Kong has established a clear and evolving regulatory framework for cryptocurrency. Since June 2023, all virtual asset trading platforms (VATPs) must hold a license from the Securities and Futures Commission (SFC), designed to ensure strong investor protection, rigorous KYC/AML controls, client-asset segregation, and compliance with the FATF Travel Rule. 

At the same time, Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), introduced a licensing regime under the Stablecoins Ordinance, effective 1 August 2025, requiring issuers of fiat-referenced stablecoins to meet standards for reserve backing, redemption rights, risk management, and anti-money-laundering safeguards. 

Multiple agencies collaborate under the ASPIRE roadmap, which stands for Access, Safeguards, Products, Infrastructure, and Relationships, to strengthen market stability and transparency. This regulatory clarity has attracted institutional participation, with licensed platforms offering spot ETFs, custody, and tokenized products. 

Together, these developments demonstrate Hong Kong’s commitment to offering a trusted yet progressive environment for digital assets.

How is Crypto Taxed in Hong Kong?

Hong Kong applies its existing tax framework to cryptocurrency rather than creating a separate tax regime. The Inland Revenue Department (IRD) has set out the following tax rules:

  • No Capital Gains Tax: For individuals, gains from long-term holding and occasional crypto sales are usually treated as tax-free capital gains, since the city does not impose capital gains tax, unless trading is frequent or business-like in nature.
  • Profits Tax: When someone engages in crypto transactions as a business, characterised by regular activity and commercial intent, those profits are classed as revenue and taxed under profits tax, with rates up to approximately 16.5% for companies. 
  • Business Income: Applies when crypto is earned through mining, staking, airdrops, or forks if tied to business activity. The rates for corporations are 8.25% on assessable profits up to HKD 2 million and 16.5% on any profit exceeding that threshold.
  • Tax Exemption for Hedge Funds: For hedge funds and family offices, the government has proposed targeted tax exemptions on crypto gains, highlighting the city’s intention to attract institutional capital while maintaining a clear and investor-friendly tax structure.

Looking ahead, Hong Kong is set to strengthen tax transparency through the OECD-aligned Crypto-Asset Reporting Framework (CARF), announced in December 2024, which will require crypto service providers to report user transaction data to tax authorities. 

Cryptocurrency Adoption in Hong Kong

Hong Kong has become one of Asia’s most active crypto markets, supported by clear regulation and growing investor participation. According to Statista Market Insights, there are 694,000 crypto users expected by 2026, translating to 8.89% of the population in 2025 and up to 9.26% by 2026.

This growth is being reinforced not only by Hong Kong’s licensing framework for exchanges, but also by a groundbreaking policy under the New Capital Investment Entrant Scheme. For the first time, cryptocurrency can be used as proof of assets when applying for investment immigration, allowing applicants to demonstrate ownership of at least HK$30 million in digital assets.

Cryptocurrency Adoption in Hong Kong

How to Buy Bitcoin in Hong Kong

For residents in Hong Kong, purchasing Bitcoin is straightforward thanks to a clear licensing framework overseen by the Securities and Futures Commission (SFC). Several regulated exchanges now provide safe and transparent access, alongside international platforms that accept Hong Kong users. Here’s a guide to getting started with BTC in Hong Kong:

  1. Select a Crypto Exchange: Choose a licensed platform approved by the SFC or a reputable global exchange that supports Hong Kong Dollar deposits.
  2. Create Your Account: Register and complete Know Your Customer (KYC) verification by uploading a valid passport, Hong Kong ID, or proof of address such as a bank statement or utility bill.
  3. Deposit Funds: Add money to your account through supported payment methods, which typically include bank transfers in HKD, credit or debit cards, and stablecoin deposits.
  4. Purchase Bitcoin (BTC): After funding your account, access the Bitcoin trading page, enter the amount you want to buy, review the order, and confirm the purchase.

By following these steps, investors in Hong Kong can securely access Bitcoin through regulated exchanges while ensuring compliance with local financial guidelines.

Final Thoughts

Hong Kong’s clear licensing framework and growing retail infrastructure position it as one of Asia’s most progressive crypto hubs. 

By highlighting the strengths of platforms like Kraken, Gate, BloFin, Crypto.com, OKX, and the fully regulated HashKey Exchange, readers gain a practical view of where to trade, deposit HKD, or earn yield, all while remaining compliant.

Frequently asked questions

Can stablecoins be traded or used in Hong Kong?

Are international crypto exchanges accessible in Hong Kong?

Is cryptocurrency safe to use in Hong Kong?

Will Hong Kong allow crypto derivatives or tokenized ETF trading in the future?

Written by 

Jed Barker

Editor-in-Chief

Jed, a digital asset analyst since 2015, founded Datawallet to simplify crypto and decentralized finance. His background includes research roles in leading publications and a venture firm, reflecting his commitment to making complex financial concepts accessible.