Best platform to buy bitcoin Hong Kong 2021
Cryptocurrencies continue to gain popularity and more and more people want to invest in this industry. As a result, new services are constantly emerging that offer the opportunity to buy them for fiat currencies or to exchange them. A cryptocurrency exchange is a place where users can buy and sell digital currencies online. In addition to exchanging cryptocurrencies, cryptocurrency exchanges also offer the ability to store coins in personal wallets. These sites function similarly to currency, commodity and stock exchanges - prices are determined by the market based on the supply/demand principle for each token. We bring you a list of the largest cryptocurrency exchanges.
Hong Kong is one of the leading jurisdictions in the cryptocurrency industry - a large number of companies are based here, including exchanges, OTC platforms and brokers. They are currently supervised by the local currency board and the Hong Kong Securities and Futures Commission (SFC).
The platform was launched in 2012 in San Francisco, USA. Coinbase offers two types of services through its two divisions: cryptocurrency buying on the Coinbase cryptocurrency exchange service (which includes a cryptocurrency wallet) and trading on the Coinbase Pro cryptocurrency exchange. It provides a simple currency exchange mechanism and supports popular payment methods such as bank cards, transfers and even PayPal. Since its inception, the company has served about 30 million customers and reached a turnover of $150 billion. One of its products, Coinbase PRO, is the leading cryptocurrency exchange by trading volume. Since 2018, Coinbase has been authorized by the UK's Financial Conduct Authority (FCA) to act as a financial services provider. The platform currently serves more than 10 million customers.
|Cryptocurrencies||23 tipos de moedas digitais, incluindo Bitcoin (BTC); Ethereum (ETH); Ripple (XRP); Litecoin (LTC); Bitcoin Cash (BCH); EOS (EOS); Stellar Lumens (XLM); Cosmos (Atom); Dash (DASH); Chainlink (LINK)|
|Fees and Charges||All transactions under $200 have the following fees: $ 0.99 for transactions under $10;$ 1.49 for transactions from $10 to $25;$ 1.99 for transactions from $25 to $50;$ 2.99 for transactions from $50 to $200.For transactions over $200 there is a flat fee. The amount depends on the payment method.|
|Wallet||Free mobile and online. The advantage of this wallet is that transactions can be made off the blockchain.|
|Payment method||Funds can be deposited and withdrawn by bank card, transfer, and a number of payment systems. SEPA transfers are available for EU residents;|
|Security||Two-factor authentication; All website traffic is encrypted with SSL encryption; All wallet keys are secured with AES-256 encryption; Only 2% of your customers' cryptocurrency funds are kept online and insured against loss;|
|Mobile Application||Mobile applications for Android and iOS;|
The exchange was founded in 2012 and today serves more than 12 million traders. From 2018 to 2020, Binance is the undisputed leader in terms of trading volume and number of users among the world's leading cryptocurrency exchanges. The trading volume exceeds $40 billion. Coinbase is available to traders from 32 different countries, mostly from Europe and North America. There are 740 different cryptocurrency and fiat currency pairs available for trading on the platform. One of the winning features of the site is that it adds new currencies almost every week. This news is constantly reported on the company's official Twitter account. Sometimes users are even asked to vote for this or that coin, which subsequently appears on the exchange. Binance's popularity is also influenced by its high order processing speed, which is almost 1.5 million per second.
|Cryptocurrencies||740 different encryption and fiat pairs, including the BNB token itself;|
|Fees and Charges||Silo offers competitive trading fees (commissions): 0.1% for both sides of the transaction or 0.075% if you use its carry tokens (BNB);|
|Wallet||Application of the mobile trust portfolio;|
|Payment method||Bank transfer, debit/credit cards, various P2P payment channels;|
|Security||An exchange has launched the CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and compliance companies. It is the first comprehensive tool to monitor and protect against threats in a decentralized data exchange environment.|
|Mobile Application||The free app is available from the Google Play Store or the App Store.|
The platform was registered in the US as Payward, Inc. in 2011. The company has its headquarters in San Francisco. Today, the exchange has offices in several cities around the world, including London, Chiyoda (Japan), and Singapore. Kraken developed the Cryptowatch trading terminal, which provides cryptocurrency market data, charts and real-time trading services for more than 25 cryptocurrency exchanges. The service has attracted four million customers in two hundred countries. In general, Kraken targets traders who trade high-level cryptocurrency assets.
|Cryptocurrencies||There are 8 chips available for trading;|
|Fees and Charges||Transactions of less than 50,000 units of this currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer; for amounts over 50,000 units, the commissions are reduced to 0.14% and 0.24% respectively;|
|Wallet||The site does not offer a cryptocurrency wallet;|
|Payment method||Cryptocurrencies and bank transfers. Deposits and withdrawals via bank cards are not available;|
|Security||The exchange offers users two-factor authentication (2FA), PGP encryption, and a global settings lock, which prevents any account changes for a set period of time;|
|Mobile Application||Kraken Pro e Kraken Futures trading apps.|
This cryptocurrency started in New York in 2015. It started as a regular exchange on the Internet. But the service quickly became popular, and the following year it expanded its functionality to a full-fledged exchange. The Bittrex trading platform has many financial, trading and analytical tools for successful trading. In June, its trading volume exceeded $51 million. It allows its clients to work with a large number of trading pairs. Bittrex provides secure storage for users' assets, as almost all funds are stored in cold wallets. It is probably one of the most secure cryptocurrency exchange platforms, as it was founded by cybersecurity experts. The platform supports five major markets: dollar, euro, BTC, ETH and USDT (Tether ERC-20); several ERC-20 tokens and many other independent coins.
|Cryptocurrencies||More than 250 trading pairs are available;|
|Fees and Charges||Deposits can be made in Euros by: SEPA bank transfer; international bank transfer; bank card. Fiat withdrawals can be made to a bank account using an international bank transfer, while SEPA bank transfer is supported for Euros.Withdrawal fees depend on the cryptocurrency you choose: Bitcoin is 0.0005 BTC, Ethereum is 0.00600000 ETH. There is a fixed trading fee of 0.25% of your order total;|
|Wallet||No cryptocurrency wallet;|
|Payment method||Bank transfers, credit/debit cards;|
|Security||Two-factor authentication (2FA); IP verification requiring email confirmation of new IP address; IP whitelisting; 80%-90% cold storage;|
|Mobile Application||There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.|
BitMEX was launched in 2014. The site has established itself as a stable resource that offers maximum opportunities for profitable trading in digital currencies. All withdrawals and deposits can only be made in BTC, and users need to convert altcoins into bitcoin. Bitmex currently leads the exchange in terms of trading volumes, averaging between $2bn and $4bn per day. The exchange has its own insurance fund, which currently manages over 31,000 bitcoins. It is used to hedge liquidated positions on the platform. Because of the ability to trade on margin with 100x leverage in the highly volatile cryptocurrency market, many traders compare trading on the exchange to gambling. Last month, the platform introduced mandatory verification for all account holders, to be completed by February 2021.
|Cryptocurrencies||55 trading pairs;|
|Fees and Charges||BitMEX does not charge any deposit or withdrawal fees. A minimum Bitcoin Network fee applies to BTC withdrawals; trading commissions for buyers are 0.075% of the total order value, and producers receive an additional 0.025% per transaction;|
|Portfolio||BitMEX cryptocurrency wallet|
|Payment method||Apart from cryptocurrencies, BitMEX does not accept any other deposits;|
|Security||Funds are stored in cold wallets; two-factor authentication; registration via SMS notifications; wallets with multiple signatures for transactions; emails are encrypted using PGP encryption;|
|Mobile Application||BitMEX Mobile, launching in September 2020.|
The adoption of cryptocurrencies is steadily penetrating every corner of the planet, and the global cryptocurrency market is now worth $351.24 billion.
This cryptocurrency exchange was founded in 2012 in Hong Kong. It is well known for its work with Tether (USDT). The platform provides its users with exchange services, margin trading, and supports all major coin and token types. It is designed for professional traders and large investors, and has been tested by many serious financial instruments. At Bitfinex, you can apply short-term strategies and try to invest for the long term.
|Cryptocurrencies||More than 140 currencies and 300 trading pairs;|
|Fees and Charges||There are no additional costs for digital currency deposits and withdrawals. You will have to pay a fee of 0.1% for USD deposits, but not less than $20; the minimum fee for fiat money withdrawals is $60; for minimum coins per month the trading fee is 0.1% for the depositor and 0.2% for the recipient;|
|Portfolio||Users have three portfolios to choose from - Exchange Portfolio, Margin Portfolio, and Funding Portfolio;|
|Payment method||In addition to cryptocurrencies, bank transfers and credit card withdrawals are available to users.|
|Security||Only 0.5% of crypto-assets are stored online to support daily transactions. The remaining coins are stored in cold wallets, inaccessible to hackers. To make these wallets accessible, manual authorization from several members of the administrative team is required;|
LocalBitcoins was founded in Finland in 2012. Its goal was to create a secure platform for trading cryptocurrencies. The site is actively used in more than 240 countries around the world. Here you can trade Bitcoin for all the world's official fiat currencies. Users place orders to buy and sell Bitcoin by specifying the exchange rate, payment method and minimum/maximum transaction amount. Other users select their preferred offers and confirm the transaction.
|Fees and Charges||The service does not charge a commission to the buyer. Sellers are charged a flat fee of 1% of each sale.|
|Payment method||Bank transfers, bank cards, electronic systems;|
|Security||Transaction security is ensured by the escrow method, which has proven to be highly effective; user accounts are protected by two-factor authentication.|
It is a US-based cryptocurrency exchange that entered the market in 2014. In addition to the traditional spot exchange, the resource offers margin trading as well as options for those who want to lend their funds. In 2018, the company was acquired by Circle Internet Financial Limited. And since then, the service has introduced a mandatory KYC-compliant verification process. Currently, the daily trading volume exceeds $13 million and users can trade more than 100 currency pairs. The largest percentage of the public is interested in currency trading and currency exchange options. Advanced analytics (last day cryptocurrency price, trading history) create a favorable environment for efficient trading.
|Cryptocurrencies||More than 100 currency pairs|
|Fees and Charges||Withdrawal fees are fixed and depend on the type of cryptocurrency; trading fees are 0 to 0.25%; production fees are 0% to 0.15%; lending fees are 0.1% to 0.25%; the higher the volume of transactions made in a month, the lower the fees for all transactions made after that;|
|Payment method||Depositing with a bank card or withdrawing to a card is not available for users in some countries;|
|Security||We strongly recommend that you add two-factor authentication to your account;|
|Mobile Application||Available at.|
This young exchange was established in 2017. While it has already established itself as one of the most reliable trading platforms in the cryptocurrency and blockchain world. The exchange offers one of the largest selections of trading pairs in the world, allowing its customers to trade over 450 trading pairs. KuCoin is very popular with new cryptocurrencies that have just been submitted to ICOs, the exchange has its own token, KuCoin Shares (KCS). Holders of KCS coins receive trading discounts.
|Cryptocurrencies||More than 200 currencies and over 450 trading pairs;|
|Fees and Charges||All deposits on the site are free and there is a flat fee for withdrawals; KuCoin offers a flat trading fee of 0.10%, which is lower than the industry average.|
|Wallet||An internal crypto wallet;|
|Payment method||The variety of payment methods supported by fiat P2P services;|
|Security||The exchange offers you the opportunity to establish two-factor authentication using Google Authenticator.|
|Mobile Application||Available at.|
Cold storage in a strict sense is the transfer of bitcoins to addresses with a private key that can never be compromised (revealed). In their simplest form, these are keys obtained on a computer without a network connection.
It is an Austrian company founded in 2014. It has powerful API applications, high-performance servers, and a fully automated real-time ordering system. The site now serves over 1.2 million customers, but through investment it hopes to expand its customer base. The company has a European PSD2 license and the resource is equipped with the latest methods and forms of security to protect the account from hacker access. The exchange has its own Bitpanda Ecosystem Token (BEST) and its owners can get a 25% discount on trading.
|Cryptocurrencies||Bitcoin, Ethereum and more than 30 digital assets;|
|Fees and Charges||The commission for the trading service depends on the type of currency and the nature of the transaction. You pay 1.49% on buying bitcoins and 1.29% on selling bitcoins; delivery and withdrawal fees are fixed for each currency and are deducted from your account;|
|Wallet||Bitpanda cryptocurrency wallet|
|Payment method||You can make a deposit by bank transfer, credit card, or electronic payment systems;|
|Security||Bitpanda refers to systems that independently manage the user's wallet keys. In addition, the following security measures are offered:Cold storage;Session control. Each login attempt from a new device requires two-factor authentication confirmation;Email authentication and verification;|
The service was launched in 2013 and has since been offering services to buy two of the most popular currencies with fiat money from a bank card. Coinmama is not an exchange in its usual sense. Here you can only buy coins. The platform does not even have a built-in wallet, and the assets purchased are transferred to an address specified by the user. The service currently has 2.3 million users in 188 countries.
|Cryptocurrencies||The platform sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos e EOS;|
|Fees and Charges||There is a 5% service fee for using credit or debit cards. In addition, the platform charges 3.90% for buying coins and 0.9% for selling them;|
|Payment method||Credit/debit cards and bank transfers; supports SEPA and SWIFT payments;|
|Security||Coinmama is a reputable company with a secure website that uses Trust Guard and Comodo technology. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information;|
This cryptocurrency exchange is a joint project between European and Israeli entrepreneurs, established in 2013. The platform is open to traders from all over the world, regardless of their country of residence. The site's interface is simple and easy to use, as the service is designed for all traders, regardless of their professional level. Potential customers can try demo trading and use analytical tools to better understand the cryptocurrency market. HitBTC supports trading a very large number of cryptocurrencies and works with fiat money, offering favorable exchange rates for GBP, USD, EUR. The site supports SEPA and SWIFT payments. HitBTC uses various promotional methods to attract traders, including active advertising on social media.
|Cryptocurrencies||Currently, 800 currency pairs are traded on the platform;|
|Fees and Charges||No deposit fee and fixed withdrawal fee depending on the currency; HitBTC uses a tiered system to calculate trading fees. The more a user trades, the lower his commission will be;|
|Portfolio||No cryptocurrency wallet;|
|Payment method||The HitBTC exchange can only be supplemented with digital currency;|
|Security||The platform provides two-factor authentication, high-level encryption technology, and cold storage of funds;|
Paxful is an international P2P marketplace for buying and selling Bitcoin, launched in 2014 by Estonian and American entrepreneurs. Paxful's main goal is to create a transparent and secure platform that allows anyone to buy Bitcoin quickly. Paxful does not sell cryptocurrency itself; the site has taken on the role of an intermediary between buyers and sellers. The exchange is actively involved in social projects, such as building schools in Africa.
|Cryptocurrencies||Bitcoin and the taster|
|Fees and Charges||Cryptocurrency sales fee:0.5% for bank transfers;1% for bank cards and e-payment;3-5% for gift cards;No commission for buying cryptocurrency;Paxful charges a fee for sending funds to an external wallet.$ 0 - $ 9.99 = 0.0001 BTC $ 10 - $ 19.99 = 0.0002 BTC Over $ 20 = 0.0005 BTC|
|Portfolio||The Paxful Wallet App makes it easy to store and manage coins with a mobile cryptocurrency wallet;|
|Payment method||Over 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards;|
|Security||System security is ensured by two-factor authentication, escrow, and a mandatory verification procedure when dealing with large volumes.|
|Mobile Application||Wallet for Android and iOS.|
When choosing an exchange, be sure to study the sign-up and withdrawal terms carefully. It is important to read user reviews and check if they have been involved in fraudulent schemes or hacking attacks. Another thing to consider is to ensure that the exchange has a high turnover. And always remember that an exchange is not a secure way to store cryptocurrency. It is highly recommended to choose resources that have cold storage of wallets and robust security practices.