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Provider
Bank Transfer
Visa/Mastercard
Available Crypto
Our Score
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • + 290 more
YES
YES
  • Bitcoin
  • Ethereum
  • + 600 more
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • + 200 more
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • +50 others
YES
YES
  • Bitcoin
  • Ethereum
  • Stellar
  • + 80 more
YES
NO
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  • Dogecoin
  • Aptos
  • + 22 more
YES
YES
  • BTC
  • ETH
  • LTC
  • + 12 more
8.4

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Hong Kong has long been a hotspot for crypto trading, but with so many platforms available, how do you choose the best crypto exchange? Hong Kong traders have plenty of options, but not all exchanges are equally viable.

Whether you're after top-notch security, a massive selection of cryptocurrencies, or the easiest way to buy and sell, finding the right platform can make all the difference. So, does that mean big names like Binance, Kraken, and Bybit make the cut? Or are there better alternatives tailored to local traders?

In this guide, I’ll break down the top 8 Hong Kong crypto exchanges, highlighting their strengths so you can find the perfect fit for your trading needs. These include:

Whether you’re a beginner or an advanced trader, this list will help you navigate the best platforms available in Hong Kong right now. Let’s dive in!

1. Kraken: Best for Security

Ranks #1 out of 8 Crypto Exchanges

Kraken is one of the most popular exchanges in the global market and is known for its dedication to security. With availability in over 190 countries and 250 regions, including Hong Kong, it has built a solid reputation as a trustworthy platform.

For anyone exploring Hong Kong crypto exchanges, Kraken stands out for its advanced security measures, including two-factor authentication, withdrawal whitelists, and cold storage for funds.

Beyond security, Kraken also offers a wide range of cryptocurrencies with more than 300 supported coins, including popular assets like Bitcoin and Ethereum. The platform’s competitive trading fee structure is another aspect that makes it interesting.

Best crypto exchange Hong Kong: Kraken homepage.

The spot trading fees on Kraken Pro range from 0.25% for makers and 0.40% for takers, but they can go as low as 0.00% for makers and 0.10% for takers. The exchange also offers a flexible and user-friendly interface that caters to beginners and experienced traders alike. If you prefer simplicity, the regular interface will do just fine. But, experienced traders who require more advanced features can switch to Kraken Pro.

All in all, if security is your top priority—and it should be—Kraken deserves a spot at the top of your list as the best crypto exchange Hong Kong has to offer.

📚 Read More: How to Start Off With Kraken Staking

Key Features

As a strong contender for the best crypto exchange in Hong Kong, Kraken offers a wide range of useful functions. Here are five notable features that might pique your interest:

  • Industry-Leading Security. Kraken prioritizes security with features like two-factor authentication (2FA), email confirmations for withdrawals, customizable API keys, and regular security audits.
  • Wide Range of Cryptocurrencies. Kraken supports more than 300 cryptocurrencies, offering access to both major and niche coins.
  • Advanced Trading Features. The platform provides features like margin trading, futures trading, and staking, catering to both beginners and experienced traders.
  • Competitive Fees. Kraken offers competitive trading fees, making it an attractive option for active traders. 
  • User-Friendly Interface. Kraken offers both a beginner-friendly interface and a more advanced platform for experienced traders.

In short, Kraken’s feature set proves that top-tier security doesn’t have to come at the cost of flexibility, giving Hong Kong traders a platform that’s both powerful and reassuringly safe.

👉🏻 Visit Kraken
...or read our Kraken review

2. Coinbase - The Beginner’s Choice

Ranks #2 out of 8 Crypto Exchanges

Coinbase is one of the most well-known and user-friendly cryptocurrency exchanges globally, especially popular in the United States. Founded in 2012 and headquartered in San Francisco, it has grown into a publicly traded company (NASDAQ: COIN), which adds to its credibility and transparency. Coinbase is often the first choice for beginners due to its simple interface and straightforward buying process.

As of 2025, Coinbase supports over 290 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins. It caters to different user levels through two platforms:

  • Coinbase (Standard Platform): Focused on beginners, offering easy buying, selling, and holding of crypto.
  • Coinbase Advanced (formerly Coinbase Pro): Designed for more experienced traders, providing advanced charting tools, lower fees, and a range of order types.

Coinbase places a strong emphasis on security to protect user funds and data. It secures approximately 98% of customer assets in cold storage, keeping them offline and away from potential hackers. Additionally, two-factor authentication (2FA) is required for account access, adding an extra layer of protection.

Coinbase review summary: Coinbase's security.

For US-based customers, USD balances are FDIC-insured up to $250,000, providing a safety net in case of platform issues. Sensitive user data is safeguarded through encryption protocols, ensuring that personal and financial information remains private. Coinbase also runs a bug bounty program, encouraging security researchers to report vulnerabilities, which helps maintain the platform’s robust defense systems.

👉🏻 Visit Coinbase
...or read our Coinbase review

3. BYDFi: Best for Leveraged Tokens

Ranks #3 out of 8 Crypto Exchanges

If you’re hunting for variety, BYDFi might just be the hidden gem among Hong Kong crypto exchanges. Supporting over 600 cryptocurrencies—including fan favorites like Dogecoin, Shiba Inu, and even the quirky Trump Coin—this platform is a dream for traders who love exploring new and trending tokens.

BYDFi’s appeal goes beyond its massive selection. Its intuitive interface makes trading a breeze, even for beginners, while advanced features like leveraged trading cater to seasoned pros. The platform also emphasizes community-driven growth, with responsive customer support and frequent updates that keep users in the loop.

For Hong Kong-based crypto enthusiasts who enjoy experimenting with niche assets or catching the latest trends, BYDFi is worth considering. Its versatility and user-friendly offerings could make it the best crypto exchange in Hong Kong for traders looking to dive into a diverse range of digital assets.

Best crypto exchange Hong Kong: BYDFi homepage.

Key Features

To help you decide if BYDFi is the best crypto exchange in Hong Kong for you, I’ve listed five core features the platform has to offer. These include:

  • Leveraged Tokens. BYDFi offers leveraged tokens, allowing traders to amplify their exposure to cryptocurrency price movements without the complexities of traditional margin trading.
  • Trading Bots. BYDFi offers trading bots that automate trading strategies, allowing users to execute trades 24/7 without constant manual intervention.
  • $10 Minimum Trading. BYDFi has a low minimum trading requirement of $10, making it accessible to a wider range of investors, including those with smaller budgets.
  • BYDFi Army. Eligible users can earn commissions by promoting BYDFi to their community, fostering growth, and rewarding active participation.
  • User-Friendly Interface. BYDFi offers an intuitive and easy-to-navigate platform, making it accessible to all kinds of traders.

As you can see, whether you're chasing the next meme coin or just want a fresh, flexible place to trade, BYDFi packs in enough personality and power to keep things interesting—and maybe even a little fun.

👉🏻 Visit BYDFi
...or read our BYDFi review

Compare Crypto Exchanges Side by Side With Others

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

4. CEX.IO: Best for User-Friendliness

Ranks #4 out of 8 Crypto Exchanges

CEX.IO is a fantastic starting point for anyone new to crypto trading, including Hong Kong traders. With support for over 170 cryptocurrencies, it offers just the right balance of variety without feeling overwhelming. What really sets CEX.IO apart for beginners is its simple interface and easy onboarding process—perfect for anyone taking their first steps into the crypto world.

Another bonus? The trading fees are super reasonable, starting at 0.15% for makers and 0.25% for takers, with the potential to drop as low as 0.00%/0.01% for high-volume traders. Even if you’re just testing the waters, you can feel confident you’re getting a fair deal.

Among Hong Kong crypto exchanges, CEX.IO stands out as a solid pick for newcomers looking for a straightforward, beginner-friendly platform. If you're searching for the best crypto exchange in Hong Kong to kick off your crypto journey, CEX.IO deserves a spot on your list.

Best crypto exchange Hong Kong: CEX.IO homepage.

Key Features

One of the best ways to determine if CEX.IO is your best option, especially for a Hong Kong crypto exchange, is to understand its core features. Here are five key features you can expect when using CEX.IO:

  • Beginner-Friendly Design. CEX.IO offers a user-friendly interface that is suitable for both novice and experienced traders.
  • CEX.IO University. The University is a comprehensive educational resource that provides a wealth of information on cryptocurrency and blockchain technology.
  • Crypto Debit Card. CEX.IO offers a free Crypto Debit Card (currently available in the EEA) that allows users to spend their cryptocurrency holdings directly at millions of merchants worldwide.
  • CEDEX. Swap digital assets directly from your Web3 wallet, with deep liquidity aggregated from top centralized and decentralized exchanges.
  • Staking and Earn. CEX.IO Earn allows users to earn rewards on their cryptocurrency holdings through staking and savings products.

Whether you're learning the ropes or ready to explore more advanced tools, CEX.IO’s features provide a smooth and supportive entry into the world of crypto trading.

👉🏻 Visit CEX.IO
...or read our CEX.IO review

5. Crypto.com: Best for Versatility

Ranks #5 out of 8 Crypto Exchanges

Crypto.com is a go-to platform for traders in Hong Kong who value versatility and convenience, as it supports over 250 cryptocurrencies, more than 20 fiat currencies, and even allows the use of Apple Pay and Google Pay, making deposits and transactions incredibly simple and quick.

What really sets Crypto.com apart is its flexibility. Whether you’re exploring new tokens, staking crypto for rewards, or even learning how to buy Bitcoin in Hong Kong, this platform has you covered. Its robust mobile app and extensive features make it ideal for traders who want everything in one place.

Best crypto exchange Hong Kong: Crypto.com homepage.

If you’re on the hunt for the best crypto exchange in Hong Kong, Crypto.com’s combination of versatility, user-friendly tools, and diverse payment options make it a top contender worth checking out.

📚 Read More: How to Withdraw Money From Crypto.com

Key Features

Crypto.com is a pretty well-known trading platform and a strong contender for the best crypto exchange in Hong Kong. Therefore, it offers various features that make it very versatile. Let's take a look at the five most prominent features:

  • Extensive Crypto-Trading Features. Crypto.com supports spot trading, margin trading, and derivatives products like futures and options.
  • Staking and Earning. Users can earn passive income on their cryptocurrency holdings through staking and other DeFi products like Crypto.com Earn and Supercharger.
  • Crypto Visa Cards. Crypto.com offers a prepaid Visa card that allows users to spend their cryptocurrencies directly at millions of merchants worldwide.
  • NFT Marketplace. Crypto.com has its own NFT marketplace where users can buy, sell, and trade NFTs.
  • DeFi Wallet. Crypto.com offers a DeFi wallet that gives users more control over their crypto assets. This wallet is non-custodial, meaning users hold their own private keys and integrate with various DeFi applications.

With everything from advanced trading tools to everyday spending solutions, Crypto.com doesn’t just cater to crypto enthusiasts—it builds an entire ecosystem around them.

👉🏻 Visit Crypto.com
...or read our Crypto.com review

6. Paybis: Best for Simplicity

Ranks #6 out of 8 Crypto Exchanges

Paybis is all about keeping things simple, making it a standout choice for Hong Kong traders who want a no-fuss way to trade crypto. Supporting over 150 cryptocurrencies and various fiat currencies, including HKD, it’s designed to cater to users who value straightforward transactions without compromising on reliability.

One of Paybis’ strongest features is its beginner-friendly interface. Whether you’re just learning how to buy Bitcoin in Hong Kong or you’re looking to quickly swap currencies, Paybis makes the entire process smooth and hassle-free. Its focus on simplicity doesn’t mean cutting corners—security and transparency are still front and center, giving you peace of mind with every trade.

Best crypto exchange Hong Kong: Paybis displaying its features.

For those seeking the best crypto exchange in Hong Kong, especially for quick and easy transactions, Paybis is a top pick. It’s perfect for anyone who values a clean, intuitive platform that gets the job done without unnecessary complexity.

Key Features

Paybis is excellent at making crypto transactions simpler, and its core features clearly show it. Take a look at five main functions that make Paybis one of the best crypto exchanges in Hong Kong:

  • Wide Range of Payment Options. Paybis supports various payment methods for Hong Kong users, including credit/debit cards, bank transfers (SWIFT), and digital wallets (Revolut Pay), making it easy to fund purchases.
  • User-Friendly Interface. The platform is designed with a focus on simplicity and ease of use, making it accessible to both beginners and experienced users.
  • Fast and Efficient Transaction. Paybis aims to process transactions quickly and efficiently, allowing users to buy and sell crypto with minimal delays.
  • Global Reach. Paybis operates in numerous countries, including Hong Kong, providing accessible cryptocurrency services to a wide audience.
  • 24/7 Customer Support. Paybis offers 24/7 customer support to assist users with any questions or issues they may encounter.

Altogether, these features make Paybis an ideal option for users who prioritize speed, simplicity, and reliable access to crypto, whether they're trading from Hong Kong or beyond.

👉🏻 Visit Paybis
...or read our Paybis review

7. HashKey Exchange: Best for Local Bank Compatibility

Ranks #7 out of 8 Crypto Exchanges

HashKey is one among a handful of crypto trading platforms that are officially recognized by Hong Kong's Securities and Futures Commission (SFC). It has a Type 1 (dealing in securities) license and a Type 7 (providing automated trading services) license, making it a trusted option for local traders.

While its selection of crypto assets is more limited compared to larger platforms, it supports popular choices like BTC, ETH, and USDT, covering the essentials for most traders. What really makes HashKey shine for Hong Kong users is its seamless compatibility with local banks. Deposits and withdrawals are quick and straightforward, making it incredibly convenient for anyone in the region.

Best crypto exchange Hong Kong: Hashkey homepage.

If you're wondering how to buy Bitcoin in Hong Kong with minimal hassle, HashKey’s local focus is hard to beat. It’s easily one of the best crypto exchanges in Hong Kong, offering secure and reliable trading.

Key Features

In addition to its regulatory compliance, HashKey also offers essential trading features for its users. These include:

  • Spot Trading & Crypto Convert. HashKey offers a robust and user-friendly platform for trading a wide range of cryptocurrencies and enables seamless and instant conversion between various cryptocurrencies within the platform.
  • Brokerage. The platform provides comprehensive brokerage services for both retail and institutional investors, facilitating access to the cryptocurrency market.
  • FX (Foreign Exchange). Facilitates foreign exchange transactions, enabling users to trade fiat currencies alongside cryptocurrencies.
  • Institutional Offerings. Caters specifically to institutional investors with features like high-volume trading, advanced order types, and secure custody solutions.
  • HSK Token. The native utility token of the HashKey ecosystem offers holders various benefits, such as trading fee discounts, exclusive access to new features, and participation in platform governance.

Overall, HashKey’s feature set reflects a strong commitment to serving the unique needs of Hong Kong’s crypto community, combining regulatory trust with practical, user-focused tools.

👉🏻 Visit HashKey Exchange
...or read our HashKey Exchange review

8. OSL: Best for Regulatory Compliance

Ranks #8 out of 8 Crypto Exchanges

OSL is one of the most, if not the most, regulated crypto trading platforms in Hong Kong, and it sure is proud of it. At the time of writing this article, OSL has types 1, 4, 7, 9, and AMLO licenses from the Securities and Futures Commission of Hong Kong.

Apparently, the exchange is also Hong Kong's only publicly listed crypto trading platform, making it a unique and significant player in the Hong Kong cryptocurrency market.

In addition to that, the platform takes asset security seriously by providing up to 1 billion USD in insurance coverage for users' crypto assets. It is also Hong Kong's largest spot crypto ETF custodian with more than 70% market share.

Best crypto exchange Hong Kong: OSL's license benefits.

As a crypto exchange, its feature offering may be limited. But, if you are looking for the best crypto exchange in Hong Kong in terms of regulatory compliance, none can beat OSL, at least for now.

Key Features

OSL sets itself apart from other crypto exchanges in Hong Kong through a range of standout features that cater to both retail and institutional investors:

  • Low Entry Barrier. Users can start investing in crypto starting with just HK $1, making it accessible to more people.
  • No Trading Fees With Quick Trade. You can enjoy 0 trading fees for trades done via Quick Trade. The normal trading fee for retail users is 0.30%.
  • Asset Protection. OSL provides military-grade security infrastructure with up to $1B of insurance coverage.
  • Regulatory Compliance. One of the most regulated crypto platforms in Hong Kong, with five different licenses from the SFC.
  • Institutional Offerings. Features tailored for institutional-level traders, including OTC desk, SaaS, and API.

Together, these features make OSL an attractive choice for users who value safety, transparency, and ease of access in crypto trading.

Comparing the Best Crypto Exchanges in Hong Kong

I know that was a lot of information to digest. So, to make things easier, I’ve put together a quick comparison table to help you find the best crypto exchange in Hong Kong at a glance!

Best For

Trading Fees

Supported Crypto

Key Features

Kraken

Security

~0.25% maker
~0.40% taker

BTC, ETH, XRP
+ 300 more

 Robust security measures
 A wide range of cryptos
 Competitive fees

BYDFi

Leveraged tokens

0.1% maker/taker

BTC, ETH, SOL
+ 400 more

 Leveraged tokens
 Trading bots
 Low entry barrier

Bitfinex

Advanced trading features

0.1% maker
0.2% taker

BTC, ETH, XMR
+ 170 more

 High liquidity
 Robust API
 P2P market

CEX.IO

User-friendliness

~0.15% maker
~0.25% taker

BTC, ETH, ADA
+ 200 more

 Beginner-friendly
 Crypto debit card
 CEDEX

Crypto.com

Versatility

~0.25% maker
~0.50% taker

BTC, LTC, ETH
+ 400 more

 Staking and earning features
 Crypto VISA card
 DeFi wallet

Paybis

Simplicity

Depends on the transaction

BTC, ETH, LTC
+ 70 more

 Various payment options
 Global reach
 24/7 customer support

HashKey

Local banks compatibility

Up to 0.29% maker/taker

BTC, ETH, AVAX
+ 20 more

 Wide financial offerings
 Crypto brokerage
 HSK token

OSL

Regulatory compliance

Depends on the account type and trading volume

BTC, ETH, SOL
+ 12 more

 Low entry barrier
 Comprehensive asset protection
 Regulatory compliance

Table: Comparison between the top 8 crypto exchanges in Hong Kong

Now that you’ve seen the side-by-side comparison, choosing the right exchange should be a little easier. Whether you’re looking for top-tier security, a beginner-friendly platform, or advanced trading tools, there’s an option for everyone.

Are Crypto Exchanges Legal in Hong Kong?

The short answer to this question is, yes, crypto exchanges are legal in Hong Kong with some caveats. Since June 2023, the Securities and Futures Commission (SFC) has required all virtual asset trading platforms (VATPs) to obtain a license to ensure compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) standards. 

As of the time of writing this article, a total of seven exchanges, including OSL, HashKey, and HKVAX, have been licensed, and more approvals are expected. The SFC has also introduced measures like the Travel Rule, which mandates sharing customer information for transactions over $8,000 HK (approximately $1,000 USD), further enhancing transparency.

Best crypto exchange Hong Kong: golden BTC coins on Hong Kong flag.

However, the regulatory environment is considered rigorous, and some international exchanges have withdrawn applications due to the stringent requirements. So, while crypto exchanges are legal in Hong Kong, they must navigate a robust compliance framework to operate.

How is Crypto Regulated in Hong Kong?

First of all, it is important to note that Hong Kong is considered the world's most crypto-ready jurisdiction in 2023. It is ranked in the top three in terms of the number of cryptocurrency ATMs proportional to geographical size.

Crypto regulations in Hong Kong actually started in 2018 when the government established the first regime covering virtual assets that fall under the definition of securities or futures. However, some raised concerns about the regulatory scope[1] at the time.

Even though many expressed confusion and worried about possible overlap and waste of regulatory resources[2], I think the government's approaches show how they are proactively trying to make cryptocurrency more integrated into mainstream finance.

Best crypto exchange Hong Kong: Chinese and Hong Kong flags waving in the wind against a backdrop of modern buildings.

As you research Hong Kong’s crypto regulation online, you might come across statements like “Crypto is banned in Hong Kong”. But, knowing how they're clearly trying to create a regulated crypto hub, I’d say this is just an overreaction.

Personally, I think the crypto regulation in Hong Kong is going in the right direction. With that being said, here are some key points about Hong Kong’s crypto regulation that you need to know:

  • Cryptocurrencies are legal in Hong Kong. Bitcoin and similar currencies are designated as virtual commodities and not legal tender or securities. Currently, there are no regulations on owning crypto or transferring it to other parties as long as the tokens are obtained and transferred in good faith and do not violate anti-money laundering laws.
  • There are only a handful of exchanges formally licensed by the SFC. At the time of writing this article, there are seven licensed virtual asset trading platforms in the city. These include HashKey and OSL, which I included in the list above. However, some global exchanges are still technically accessible for Hong Kong users, albeit without any formal license from the government.
  • Hong Kong focuses on retail trading and investor protection. Retail investors are allowed to trade cryptocurrencies on licensed platforms, but they must complete risk tolerance assessments. Security tokens and stablecoins are excluded from retail trading to protect investors. Platforms must also ensure secure asset storage, with at least 98% of client assets held in cold storage.

Best crypto exchange Hong Kong: a hand holding a BTC coin in front of the Hong Kong flag.

  • Hong Kong does not have a capital gains tax. This means that profits from buying and selling cryptocurrencies are usually not taxed. However, this can get tricky if you're actively trading crypto as a business or if the crypto is considered part of your business assets.
  • Crypto mining is technically legal in Hong Kong. There are no regulations specifically directed at any crypto-mining activities. But, there might be regulations and restrictions on setting up large-scale data centers for mining operations.

Keep in mind that crypto regulations in Hong Kong are constantly evolving, even at the time you’re reading this article. So, make sure to keep updated on the new regulations and stay informed about any further developments. The best way to do so is to follow crypto news or a newsletter, such as BitDegree's Daily SQUEEZE.

How to Choose the Best Crypto Exchange in Hong Kong?

Choosing the right cryptocurrency exchange is crucial for a safe and successful trading experience, especially in a regulated environment like Hong Kong. With various platforms available, it's essential to do your due diligence before entrusting them with your digital assets. Here are five key factors to consider when selecting a crypto exchange in Hong Kong:

  • Security: Prioritize security above all else. Look for exchanges with a strong track record of protecting user funds. Consider factors like cold storage of assets, two-factor authentication (2FA), and robust cybersecurity measures. Research past security breaches or incidents involving the exchange.

Best crypto exchange Hong Kong: a BTC coin, a chain, and a padlock.

  • Regulatory Compliance: Hong Kong has a licensing regime for virtual asset trading platforms. Ideally, choose a licensed exchange regulated by the Securities and Futures Commission. This provides a greater level of oversight and investor protection. While unlicensed platforms exist, they operate outside this regulatory framework. If you choose an unlicensed platform, ensure that it does not explicitly claim it does not operate in Hong Kong, as this might indicate legal issues or a higher risk profile.
  • Fees: Compare trading fees, deposit and withdrawal fees, and any other charges. Fees can vary significantly between exchanges, and they can eat into your profits. Look for exchanges with transparent fee structures.
  • Available Cryptocurrencies: Make sure the exchange offers the specific cryptocurrencies you want to trade. Some exchanges specialize in certain coins or tokens, while others offer a wider selection.

Best crypto exchange Hong Kong: various crypto coins on a dark surface.

  • User Experience and Customer Support: Choose an exchange with a user-friendly interface that's easy to navigate. Also, consider the quality of customer support. Can you easily reach someone if you have a question or encounter a problem? Read reviews and testimonials from other users to get a sense of their experience with the exchange.

By carefully considering these factors, you can make an informed decision and choose a crypto exchange in Hong Kong that aligns with your needs and risk tolerance.

How to Buy Bitcoin in Hong Kong

Bitcoin is one of the most popular cryptocurrencies in the market, and it is easy to get in Hong Kong. Here is a simple step-by-step guide you can follow if you want to grab some BTC for yourself:

STEP 1:

Sign Up and Verify Account

If you don’t have an account on a crypto exchange yet, make one by clicking the [Sign Up] or [Register] button on the platform’s homepage. After that, complete the necessary KYC procedure to verify your account.

Best crypto exchange Hong Kong: Kraken sign up page.

STEP 2:

Choose A Crypto Wallet

Once you have an account ready, it is time to choose a crypto wallet to store your BTC. Some platforms like Kraken offer integrated custody wallets to make your transactions simpler. But, if you prefer separate storage like a hardware wallet, I recommend devices like the Ledger Nano X to ensure the security of your assets.

Best crypto exchange Hong Kong: Ledger Nano X product page.

STEP 3:

Find the Buy Page

Some platforms let you buy cryptocurrencies, including BTC, directly using fiat. To do this, find the [Buy] or [Instant Buy] page on the platform. Choose your preferred currency and payment method, then complete the transaction.

Best crypto exchange Hong Kong: Kraken's user dashboard with the Buy crypto and Deposit button highlighted.

STEP 4:

Store Your BTC

If you choose an integrated software wallet from your exchange, your BTC will be automatically sent there after the transaction, so you don’t have to do any additional steps to store them. Otherwise, you’ll have to manually transfer your BTC to your external wallet by locating the [Transfer] page on the platform and inputting your wallet address.

Best crypto exchange Hong Kong: the Transfer page on Kraken's user dashboard.

And there you have it! If you were wondering how to buy Bitcoin in Hong Kong, the process is that simple. Keep in mind that this is a very generalized step-by-step guide, and the procedure might differ slightly depending on your chosen platform.

Regardless, I’m sure this will make it clearer, especially if you’re completely new to crypto.

Conclusions

Finding the right exchange can make a huge difference in your crypto trading experience. Whether you’re looking for advanced trading tools, an easy-to-use platform, or seamless local bank compatibility, there’s a platform that fits your needs.

At the end of the day, the best exchange for you depends on what matters most—security, fees, crypto selection, or ease of use. I’ve covered some of the top choices to help you decide, but ultimately, the choice is yours.

Take your time, do your research, and pick the best crypto exchange. Hong Kong, as one of the prominent regions for crypto, offers plenty of opportunities—so make the most of them and trade with confidence!

While big names like Binance and Bybit aren’t currently available in Hong Kong, there are still great alternatives to choose from—Kraken, for example, is a solid option if security is your top priority.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

1. Huang, R. H., Yang, D., Loo, F. F. Y.: 'The Development and Regulation of Cryptoassets: Hong Kong Experiences and a Comparative Analysis';

2. LI, X.: 'Stablecoin Regulation in Hong Kong: Recent Developments and Critical Evaluations'.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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Recent Best Crypto Exchange Hong Kong User Reviews

CJ Noor
5.0/5.0 - Kraken User
21/03/2025
annoying but necessary

Security measure arround every corner:D Was annoyed at first but now got used to it and i generally feel safer about my money on the platform

Evaluation
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Ease of Use
Experience
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Marcie the Mute
4.0/5.0 - Crypto.com User
30/04/2025
Wait for so long

Long time for waiting registration

Evaluation
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Ease of Use
Experience
Features
Safety
Bad Bronislaw
5.0/5.0 - Crypto.com User
16/04/2025
Great app

Really happy with the app

Evaluation
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Ease of Use
Experience
Features
Safety
yasin rich
4.8/5.0 - CEX.IO User
15/03/2025
APP

I prefer the web exchange over the app. Need time to analyse the charts and compare, while the mobile app can be a great alternative for short period of time it can only a fraction of information at a time. I know some people trade solely on the app, but I think it's not for me.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
ray keenan
5.0/5.0 - Coinbase User
26/04/2025
what about some customization?

The platform is very functional and all but I wish customization was available. Personalising design or colour themes and feature placements would be a great option!

Evaluation
Price value
Ease of Use
Experience
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Valentina159
4.8/5.0 - Coinbase User
16/04/2025
expensive transfers

I enjoy the covenience of having a built in crypto wallet. However, the transaction base fee is on the more expensive side. I usually opt to make a bank trasfer if i'm in a rush.

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Zion B.
4.8/5.0 - Kraken User
24/02/2025
no response

long response time in customer support. contacted support a week ago and still no response. good thing that it was only a minor issue i was contacting about, so no rush. can't imagine what i would do it was something major.

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harvir
5.0/5.0 - CEX.IO User
28/03/2025
margins

not many exchanges allow margin trading, that was the main selling point for me

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JARROD
4.8/5.0 - CEX.IO User
06/04/2025
trading experience

No limit trading on verified account got the better of me. Wish there were measures to stop me in that situation. Take my advice and DON'T trade in large sums if unexperienced...

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Saara Stevens
5.0/5.0 - CEX.IO User
28/03/2025
Great for beginners

My start on the platform was easier that antcipated. The support section was very informative and resources were easy to understand as a new trader. Now can navigate and trade with ease!

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Pattie
4.2/5.0 - Crypto.com User
24/03/2025
Like the app

the app is very well designed, easy to use and reliable

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Lynn Cassidy
4.8/5.0 - Coinbase User
03/02/2025
Sharing info on the platform

Coinbase security have never disappointed me, but knowing that my account is not anonymous and my wallet can be frozen keeps me on my toes... :|

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SANIA
5.0/5.0 - Coinbase User
27/02/2025
ALL IN ONE

Multi-functional platform! Facilitates the essential functions that other exchanges fail to provide.

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T Meyer
5.0/5.0 - CEX.IO User
21/02/2025
Many cryptos!!

I don't think my lifetime will be enough to try out all the different cryptos that are available on the exchange...:D

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Lilly-vanily
5.0/5.0 - Coinbase User
24/02/2025
Happy that coinbase is in my country

It's a shame that Coinbase in not available in more countries. Just happy I had the opportunity to move and now can have this new trading experience.

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Matias Dale
4.8/5.0 - Kraken User
05/02/2025
first exchange

It took me more time than i expected to figure out how to use the exchange. Totally get why not many beginners go for Kraken as their first exchange. Aside from that, have no other issues.

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Keegan D
4.8/5.0 - Coinbase User
03/04/2025
Niche cryptos

The fact that they don't add the niche cryptos is a blessing and a curse. I get that it's a safety precaution, so now i use less-legit exchanges to chase the hype and maybe earn a bit on the side.

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B.P
4.0/5.0 - Crypto.com User
26/04/2025
No help by crypto.com

I’ve got a problem with being scammed and I tried to get my money back since I paid with visa-card but no reply via email

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Stubbs Adam
4.8/5.0 - CEX.IO User
31/03/2025
First time user

The basic account was more than enough for the first few months trading. Then after some time I got started doubting that my account was safe, thus I verified

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Hal6574
5.0/5.0 - Kraken User
16/04/2025
SIMPLE

The newbie trading makes it very easy to use the platform!

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FAQ

Is crypto legal in Hong Kong?

Yes, crypto is legal in Hong Kong. There are no specific laws that prohibit you from owning or transferring crypto assets to other parties as long as it is done in good faith and doesn't break any anti-money laundering law. While big names like Binance and Bybit are not currently operating in Hong Kong, you can use other reputable options like Kraken and BYDFi to manage your crypto investment. 

Is Binance available in Hong Kong?

Unfortunately, Binance is not officially available in Hong Kong. The company has not applied for a cryptocurrency exchange license under Hong Kong's regulatory framework. However, the crypto regulatory landscape is constantly evolving and Binance may eventually be officially available for Hong Kong's users. I recommend paying attention to the latest crypto news to stay in the loop.

Is Hong Kong crypto-friendly?

Hong Kong is generally considered a crypto-friendly jurisdiction. In fact, it is the most crypto-ready jurisdiction in 2023 according to Forex Suggest with a score of 8.36. This was mainly due to the large number of crypto ATMs and how many businesses operating within the blockchain and crypto industries within the region. On the other hand, many consider the law regulating crypto exchanges in Hong Kong to be rather strict. Overall, Hong Kong aims to balance innovation with regulation, making it a key hub for crypto businesses in Asia.

Is crypto taxed in Hong Kong?

No, Hong Kong does not impose a specific tax on cryptocurrencies. There is no capital gains tax, meaning individuals are generally not taxed on crypto trading profits. However, if crypto transactions are considered business income, they may be subject to profits tax (16.5% for corporations and 15% for unincorporated businesses). Additionally, businesses accepting crypto as payment must report it as taxable income. Consider using a crypto tax calculator and contact a professional tax consultant if you're unsure about the amount of tax you may have to pay.

Can I buy Bitcoin in Hong Kong?

Yes, you can buy Bitcoin in Hong Kong through various cryptocurrency exchanges. Do your due diligence and look for user reviews so you can find a platform that suits your needs. Additionally, pay attention to the platform's availability in your region. If the exchange explicitly states that it doesn't provide service in Hong Kong, you may get access restrictions and won't be able to use the platform's features.

Is Hong Kong accepting crypto?

While there are no laws restricting you from buying or trading cryptocurrencies, they are treated as virtual commodities and not legal tender or securities. This means that businesses are not required to accept crypto as payment, and transactions rely on mutual agreement. But, the Hong Kong government actively supports Web3 innovation, so we might see more implementation of blockchain in finance and other sectors in the future.

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