9 Best Crypto Exchanges In Hong Kong (Dec 2022)

November 13, 2022
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Best Crypto Exchanges Canada

Choosing the best cryptocurrency exchange in Hong Kong isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Hong Kong, and have made my selections below based on years of research and personal experience.

Pepperstone is the favorite among knowledgeable crypto investors in Hong Kong, both for its high level of security and for its ease of use. Pepperstone's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Hong Kong, I can’t recommend Pepperstone highly enough.

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Extremely secure platform.

Here’s something you may not realize: the cryptocurrency exchange you choose matters. Your choice will impact how profitable your trades are, how easily you can buy and sell coins, and whether you can use it in Hong Kong at all.

Fortunately, I've been investing in crypto for more than 9 years, and I frequently update my list of the top platforms below. So if you’re looking for a safe and secure crypto exchange that’s easy to use, supports the Hong Kong dollar, and is compatible with the biggest financial institutions in Hong Kong, you’ve come to the right place.

Here are my top picks for the best crypto exchanges Hong Kong has to offer.

What Is The Best Crypto Exchange In Hong Kong?

1. Pepperstone – Best Overall

Best Leverage

Trading fees: 0%
Security: 10/10
Customer support: Excellent

Easy to use & ultra-secure.

★★★★★

Rated 4.9/5

Pepperstone is an Australian brokerage and CFD trading platform licensed and regulated by the Australian Securities and Investments Commission (ASIC), the FCA in the UK, and the DFSA in the United Arab Emirates. With direct access to CFDs on indices and cryptocurrencies, ETFs, stocks, and forex, Pepperstone is an all-in-one investing platform used by crypto traders worldwide.

I appreciate Pepperstone for its low trading commissions, tight spreads, and extensive offering of assets to invest in. Experienced investors can trade with 10x leverage (depending on jurisdiction and experience), which is available on most crypto assets.

Pepperstone doesn't charge any deposit or withdrawal fees, and spreads range from just 0.0 to 1.2 pips depending on the underlying crypto asset. The Pepperstone app is rated 4.3/5 on Android and 4.0/5 on iOS, with customer support available 24/7 via telephone or email to answer all your questions.

Features

  • Zero trading commissions
  • Tight spreads (around 0.0 – 1.2 pips)
  • 24/7 customer support via phone and email
  • Up to 10x leverage (depending on jurisdiction) on most crypto assets
  • Access to TradingView's advanced charting tools
  • Supports 20+ crypto CFDs
  • Free deposits and withdrawals

Cost

  • Spread: From 0.0 – 1.2 pips
  • Trading Fees: Low
  • Deposit Fees: Free
  • Withdrawal Fees: Free

Best For

Experienced investors looking for low fees and access to charting tools.

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Extremely secure platform.

Note: US & Canadian investors cannot use Pepperstone.

2. Capital

Zero Fees

Trading fees: 0%
Supports: 100+ coins
Customer support: Excellent

Trusted by millions.

★★★★★

Rated 4.9/5

Capital allows users to trade crypto alongside stockscommodities, forex, market indices, ETFs and more—all without any trading fees. It supports 100+ cryptocurrencies, and users can trade with 2x leverage on crypto (up to 500x leverage on other assets).

Capital charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), making the overall cost of using the platform (0% trading commissions + 0.1% – 0.3% spreads) very low. It has a fully functional desktop platform, a well-rated mobile app (4.7/5 on Android and iOS), and an excellent demo account where you can practice trading with real assets in real-time.

Capital is licensed by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, which means it’s a safe, secure platform. Every user receives a dedicated account manager they can reach by email or phone anytime, which is part of the reason Capital’s customer support team receives such positive reviews.

Deposits and withdrawals are always free with Capital, and you’ll never pay trading commissions regardless of whether you place spot orders or limit orders. Capital is ISO 27001 certified for meeting robust information security standards, making it an extremely safe platform to trade with.

The biggest drawback of Capital is that it can take several days to have your account verified since their verifications team is overwhelmed with signups right now. If you sign up using my referral link, though, you can skip the waitlist and start trading immediately.

I’ve personally used Capital for more than 4 years, and based on my experiences and those of millions of other users, I can’t recommend it highly enough. 

Features

  • Zero trading commissions
  • Tight spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Allows up to 500x leverage (2x leverage on crypto)
  • Fully functional demo account for paper trading
  • Free deposits and withdrawals via debit/credit cards, bank transfer, POLi, PayPal, Apple Pay, etc.
  • Dedicated account manager you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.7/5 on both Apple and Google)
  • Licensed by the Australian Securities and Investments Commission (ASIC)
  • ISO 27001 certified for meeting extremely high information security standards

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%
  • Deposits & Withdrawals: Free

Signup Bonus

Skip the waitlist and have your account approved immediately by using my referral link.

Best For

Investors looking for the best overall crypto trading experience with no trading commissions.

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Zero trading fees

3. Crypto.com

Best For Altcoins

Trading fees: 0.4%
Security: 95% cold storage
Signup bonus: $10

Trade with 10x leverage.

★★★★

Rated 4.3/5

Crypto.com is a major global player that brings a mature, proven exchange to experienced crypto investors. It supports 100+ cryptocurrencies, making it an ideal fit for anyone looking to invest in undiscovered altcoins before the masses.

Crypto.com offers some unique features that no other cryptocurrency exchanges can match. Users can trade options and futures contracts, earn interest by staking their coins, and make trades with up to 10x leverage when they feel particularly confident in a coin.

Crypto.com also has invested an enormous amount of money into its platform security, which makes trading with them extremely safe. The exchange is lightning quick (prices update dozens of times per second), which gives day traders an upper hand over the rest of the market.

Overall, Crypto.com is a solid exchange for investors looking to cash in on brand new altcoins.

Features

  • Average trading fees (0.4%)
  • Supports 100+ cryptocurrencies
  • Allows up to 10x leverage
  • Trade crypto derivatives (futures and options contracts)
  • Earn daily interest by staking your coins
  • Purchase newly-listed coins at up to 50% off
  • Free deposits from all cryptocurrencies

Cost

  • Account Opening: Free
  • Trading Fees: 0.4%

Best For

Investors looking to buy altcoins and other new crypto assets before they go mainstream.

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Extremely secure, 10x leverage
Start trading in the next 6 minutes

Capital is the only fully regulated investing platform that allows users to trade with zero commissions. Join 1+ million thoughtful investors on our #1-rated trading platform of 2022.

Click below to skip the waitlist and open your free account. Offer closes December 9, 2022.
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Offer ends December 9, 2022.

4. Paybis

Paybis is a cryptocurrency exchange that was founded in 2014 and is located in the United Kingdom. It enables you to purchase and trade cryptocurrencies, and it’s regulated by the Financial Conduct Authority (FCA).

Paybis allows customers to purchase supported crypto coins in 47 distinct fiat currencies. The Turkish Lira, the Canadian Dollar, US Dollars, Euros, and the Pound Sterling are among the currently supported fiat currencies on the platform.

Features

  • Regulated by the Financial Conduct Authority (FCA)
  • Instant account verification
  • Wide variety of supported payment methods
  • Has a referral program
  • Supports a wide array of fiat currencies
  • Very fast customer support response time

Cost

  • Credit/debit card purchases: 5% + 0.1 USD
  • Skrill purchases: 3.54% + 0.1 USD
  • Advanced Cash purchases: 3.95% + 0.1 USD
  • Neteller purchases: 3.54 + 0.1 USD
  • Payeer purchases: 4.95% + 0.1 USD
  • Bank wire purchases: 3% + 0.1 USD
  • Bank transfer (SEPA) purchases: 1.5% + 1 EUR

Best For

Investors new to the world of cryptocurrency trading looking for an easy-to-understand crypto exchange.

5. Okcoin

Launched in 2013, OKCoin is a California-based American exchange with over 100,000 crypto investors across 190+ countries. It supports 70+ crypto assets, including the biggest like Bitcoin and Ethereum, but also altcoins and lesser-known blockchain protocols.

OKCoin doesn’t charge trading fees – instead, it uses a volume-based fee system, where makers are charged 0.1% – 0.0% (based on the last 30-day trading volume) and takers are charged 0.2% – 0.02%, also based on volume. 

OKCoin is available worldwide and supports SEPA payment deposits in Europe and electronic fund transfers (using the ACH network) in the US. Among OKCoin’s best features are its staking platform, where investors can lock in one of the supported cryptos (for a fixed term) and earn up to 17% APY, depending on the asset (10% for BTC).

Fiat deposits using debit cards are on the high side – you can end up paying up 3.99%, so it’s recommended, whenever possible, that you use a different deposit method. OKCoin is licensed in the US and registered with the Financial Crimes Enforcement Network (FinCEN).

Features

  • Supports 70+ cryptocurrencies
  • Quick verification process
  • Set up automatic purchases using dollar-cost averaging
  • Available on Android (4.1/5 rating) and iOS (4/5 rating)
  • OKCoin Earn (Up to 10% APY on BTC deposits)

Cost

  • Trading Fees: Free
  • Spread: 1% – 1.5%
  • Maker’s Fees: From 0.1% to 0.0% (based on trading volume)
  • Taker’s Fees: From 0.2% to 0.02% (based on trading volume)
  • Debit Card Deposit Fees: 3.99%

6. Huobi Global

Huobi Global is the sixth largest crypto exchange, based in the island nation Seychelles but with strong ties in the Asian market, with offices in Hong Kong, Singapore, South Korea and Japan. It also has a strong presence in Europe in countries like Italy and Portugal.

Huobi offers competitively low fees starting at 0.2%. Additionally, it offers plenty of tools veteran investors will appreciate: interactive charts, limit and stop orders, and margins and futures trading. Huobi supports over 400 cryptocurrencies.

Huobi new users will receive a $150 bonus in Point cards, and will get the chance to start earning Huobi Tokens (HT) for additional discounts – the more Huobi Tokens you hold the higher the tier and the lower the fees. In terms of security, it offers 2FA authentication and the option to freeze your account.

Features

  • 24/7 customer support available via live chat or email
  • Instant account verification
  • Supports over 400 cryptocurrencies
  • 98% cold storage policy keeps your crypto extra secure
  • Earn crypto rewards through staking
  • Huobi Tokens, earn discounts and rebates just by holding the token

Cost

  • Trading Fees: From 0.20% to 0.07% based on HT tier
  • Maker’s Fees: From 0.0362% to 0.0097% based on HT tier
  • Taker’s Fees: From 0.0462% to 0.0193% based on HT tier

Signup Bonus

$150 in Huobi Point Cards bonus when you sign up using this link.

Best For

Veteran investors looking for the very best investing tools and access to some of the newest cryptocurrencies.

Start trading in the next 6 minutes

Capital is the only fully regulated investing platform that allows users to trade with zero commissions. Join 1+ million thoughtful investors on our #1-rated trading platform of 2022.

Click below to skip the waitlist and open your free account. Offer closes December 9, 2022.
SKIP THE WAITLIST
Offer ends December 9, 2022.

7. OSL

OSL is a Hong Kong-based trading platform plus crypto exchange, and a branch of BC Group, a public company that focuses on digital assets. It offers exchange services to professional and institutional investors in Hong Kong and many other countries around the world. It follows strict KYC and AML laws and complies with local laws in all supported countries.

OSL supports 3 cryptocurrencies, Bitcoin (BTC), Ethereum (ETH), and Blockchain Capital Token (BCAP); and 5 fiat currencies: HKD, SGD, USD, AUD, and EUR. Its coin offering may be limited, but it has very high liquidity for all its assets. Keep in mind OSL is only available for institutional investors or professional traders looking to exchange large amounts of crypto.

Fees for selling and buying crypto will depend on the asset – you can reach their customer support for more information.

Features

  • Supports 3 cryptocurrencies
  • High liquidity
  • Complies with KYC and AML laws
  • VIP OTC trading services

Cost

  • Maker’s Fees: 0.25%
  • Taker’s Fees: 0.35%
  • Deposit Fees (Bank Wire/Signet Transfer): Free 

Signup Bonus

20% bonus when you sign up using this link.

Best For

Professional investors and institutions looking to make large purchases of crypto.

8. Coinmama

Coinmama is a great option for new investors looking for an easy-to-use, intuitive platform. Despite having somewhat high fees, starting at 2.93%, with their loyalty program, you can get up to 25% off on all fees.

Coinmama supports 10 of the biggest cryptocurrencies, including Bitcoin, Bitcoin Cash, Cardano, Chainlink, Dogecoin,  Ethereum and Litecoin. With Coinmama you can withdraw and deposit crypto at no cost, and you can reach customer support by email, phone, chat and social media.

Coinmama offers many payment options and has partnered with many large companies, you can buy crypto with fiat money using Visa, Mastercard, Apple Pay, and many others. Its interface is ideal for new traders looking for a user-friendly platform.

Features

  • No-fee crypto withdrawal and deposit
  • Buy crypto with fiat money 
  • Payment options, Visa, Mastercard, Apple Pay, Fedwire SEPA, Sofot and SWIFT
  • Loyalty program for up to 25% rebate on all fees
  • Buy crypto you buy it directly from Coinmama 
  • Supports 10 cryptocurrencies
  • Secure platform, employs 2FA
  • User-friendly for both beginners and advanced traders
  • Instant account verification

Cost

  • Account Opening: Free
  • Trading Fees: From 2.93% to 3.90%
  • Credit & Debit Card: 5.0%
  • Apple Pay: 5.0%
  • SWIFT Transfers (US Banks): Free for transfers over $1,000 (£20 flat fee if < $1,000)
  • SEPA Bank Transfer: 0%
  • Bank Wire Deposit: 0%
  • Bank Wire Withdrawal:0%

Signup Bonus

15% off trading fees when you sign up using this link.

Best For

New investors looking for easy-to-use crypto exchange, instant account verification, and plenty of payment options.

9. Bitstamp

Bitstamp is one of the largest and oldest crypto exchanges in the world; it is geared towards experienced traders and it has over 4 million active users worldwide. It offers competitively low fees ranging from 0.1% to 0.5%, and it offers many payment options; you can use credit or debit cards and SEPA transfers.

Bitstamp is partnered with large financial institutions like Swissquote, Chicago Mercantile Exchange and Crédit Agricole. Bitstamp fully insures your assets and keeps them safe offline – in cold storage. Bitstamp provides both hot and cold storage.

New Bistamp users receive a $20 bonus after funding their account, and you can immediately use it to buy any of the 53 cryptocurrencies available.

Features

  • Extremely low trading fees (0.1%-0.5%)
  • Buy crypto with fiat currency, credit cards or bank transfers
  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Supports 53 of the largest cryptocurrencies
  • Access to a crypto wallet
  • Hot and cold wallet storage

Cost

  • Account Opening: Free
  • Credit Card Purchases: 5%
  • Debit Card Withdrawal: Flat $10 (USD)
  • SEPA Fees: €0 for deposits, €3 for withdrawals
  • Trading Fees: From 0.5% to 0.1% (0.5% for trades below $10,000)
  • International Wire Transfer: 0.05% for deposits, 0.1% for withdrawals

Signup Bonus

$20 bonus when you sign up using this link.

Best For

Experienced investors looking for professional investing tools and data.

Why you should trust me

  • Experienced
    I bought my first cryptocurrency (Bitcoin) in 2013, bought Ethereum in 2017, and have held active accounts with at least 5 exchanges since 2018.
  • Unbiased
    All of my selections are supported by multiple data points, including crypto thought leaders, security experts, and TrustPilot reviews.
  • Deep Research
    My team and I spent more than 20 hours researching exchanges before choosing our top picks, and we update them almost daily as the industry continues to change.
My top pick →

What To Look For In A Great Hong Konger Crypto Exchange

I consider many different factors in my search for the best Hong Konger crypto exchange. Here are just a few of the more prominent ones:

  • Supported coins: The best Hong Konger crypto exchanges support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy-to-use trading interface is important, especially for beginners. If you're a seasoned crypto investor, you'll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I've specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It's much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren't moving in your favor. Depositors' insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they've received.

In Summary

Choosing the best cryptocurrency exchange in Hong Kong isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Hong Kong, and have made my selections below based on years of research and personal experience.

Pepperstone is the favorite among knowledgeable crypto investors in Hong Kong, both for its high level of security and for its ease of use. Pepperstone's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Hong Kong, I can’t recommend Pepperstone highly enough.

OPEN FREE ACCOUNT
Extremely secure platform.

Best Crypto Exchange Hong Kong FAQs

Which Hong Konger crypto exchange has the lowest fees?

The Hong Konger crypto exchange with the lowest fees is Pepperstone or Capital, depending on the specific crypto assets you're trading. In most cases, Pepperstone will be the cheapest option.

What’s the best crypto wallet in Hong Kong?

The best crypto wallet is the Ledger Nano S hardware wallet. It is the best way to keep your private keys secure and, more importantly, offline. All Ledger wallets are certified by the French National Agency of Security and are among the safest and most cost-efficient wallets out there, and they support 1,200+ crypto assets, coins, and tokens.

What’s the best altcoin exchange in Hong Kong?

The best altcoin exchange in Hong Kong is one of Capital, Pepperstone, or Crypto.com. All of them support a wide variety of cryptocurrencies and regularly add more of the altcoins Hong Konger investors are looking for.

What is the safest crypto wallet in Hong Kong?

The Ledger Nano S is the safest wallet available today. All Ledger wallets far exceed industry standards for security: they use tamper-resistant Certified Secure Element (SE) with Common Criteria (CC) EAL5+ chips on their nanodevices, which means your private key stays on the secure chip. It also has a proprietary operating system called Blockchain Open Ledger Operating System (BOLOS) that's successfully undergone audits from the French National Agency of Security, many other government agencies, as well as regular audits from independent security organizations. 

What’s the safest crypto exchange in Hong Kong?

The safest cryptocurrency exchange in Hong Kong is Pepperstone. They strictly enforce bank-level security protocols, run on servers in secure locations around the world, and undergo frequent financial and security audits to ensure all of their users’ assets are completely safe. They also have some of the lowest fees of any platform in Hong Kong and are known for being a reputable, trustworthy exchange.

How Can I Sell Bitcoin In Hong Kong?

There are several different ways to sell Bitcoin in Hong Kong, though the easiest is to sell it directly from the crypto wallet or exchange that you’re holding it on. Remember to be cautious whenever you transfer coins between wallets, since blockchain transactions are irreversible.

What crypto exchange is best for beginners in Hong Kong?

The best crypto exchange for beginners in Hong Kong is Capital, followed by Pepperstone. Both are ideal for beginners because they verify accounts instantly, have easy-to-use trading platforms, and provide great customer support in case you need any help along the way.

Is cryptocurrency legal in Hong Kong?

Yes, cryptocurrency is legal in Hong Kong, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Hong Kong, which means the Hong Konger government and Hong Konger businesses are not legally obligated to accept it as payment for goods and services.

What’s the best crypto app in Hong Kong?

The best crypto app in Hong Kong is Pepperstone. Its mobile app is very easy to use, has a nice, modern interface, and has very good ratings and reviews on both the Apple App Store and the Google Play Store. If you live in a country like Hungary or Honduras instead, you’ll have to double-check to ensure you can get the Pepperstone app in your local app store.

What is the best crypto exchange for day trading in Hong Kong?

The best crypto exchange for day trading in Hong Kong is Capital, since it has low trading fees, tight spreads, and its prices update multiple times per second, giving day traders an upper hand over the rest of the market.

Can the Hong Konger government track cryptocurrency?

Yes, Hong Konger tax authorities can track cryptocurrency trades and transactions—and not only when your digital assets interact with real-world institutions like banks. Some exchanges in Hong Kong are required by law to provide the government with information about their users’ transactions, including purchase price, purchase date, sale value, and all associated KYC data. If your tax returns don’t match the data the government receives from these exchanges, you may receive a fine.

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