Best platforms to buy cryptocurrencies Hong Kong 2021
Cryptocurrencies continue to grow in popularity and more and more people are interested in investing in this sector. As a result, new services are constantly emerging that offer the ability to buy cryptocurrencies against fiat currencies or to exchange them for fiat currencies. A cryptocurrency exchange is a place where a user can buy and sell digital currencies online. In addition to trading cryptocurrencies, cryptocurrency exchanges also offer the ability to store coins in personal wallets. These sites operate in a similar way to foreign exchange, commodity and stock exchanges: prices are determined by the market, based on the principle of supply and demand for each token. Here is a list of the largest cryptocurrency exchanges.
Hong Kong is one of the leading jurisdictions for the cryptocurrency industry: a large number of companies are based there, including exchanges, OTC platforms, and brokers. They are currently supervised by the local foreign exchange office and the Hong Kong Securities and Futures Commission (SFC).
The platform was launched in 2012 in San Francisco, United States. Coinbase offers two types of services through its two divisions: buying cryptocurrencies on the Coinbase cryptocurrency exchange service (which includes a cryptocurrency wallet) and trading on the Coinbase Pro cryptocurrency exchange. It offers a simple coin exchange mechanism and supports popular payment methods such as credit cards, bank transfers and even PayPal. During its existence, it has served about 30 million customers and achieved revenues of $150 billion. One of the company's products - Coinbase PRO - is the leading cryptocurrency exchange in terms of trading volume. Since 2018, Coinbase has been authorized by the UK's Financial Conduct Authority (FCA) to act as a financial services organization. The platform currently serves more than 10 million customers.
|Cryptocurrencies||23 tipos de monedas digitales, incluyendo Bitcoin (BTC) ; Ethereum (ETH) ; Ripple (XRP) ; Litecoin (LTC) ; Bitcoin Cash (BCH) ; EOS (EOS) ; Stellar Lumens (XLM) ; Cosmos (Atom) ; Dash (DASH) ; Chainlink (LINK).|
|Commissions and fees||All transactions under $200 are subject to the following fees: $0.99 - for transactions under $10.00; $1.49 - for transactions between $10.00 and $25.00; $1.99 - for transactions between $25.00 and $50.00; $2.99 - for transactions between $50.00 and $200.00. For transactions over $200, a fixed interest rate is applied. The amount depends on the payment method.|
|Cartera||Free on 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 credit card, bank transfer, and a number of other payment systems. SEPA transfers are available for EU residents;|
|Security||Two-factor authentication; All website traffic is encrypted using SSL cryptographic protocol; All wallet keys are protected by AES-256 encryption; Only 2% of its customers' cryptocurrency funds are stored online and are insured in case of loss;|
|Mobile Application||Mobile applications for Android and iOS.|
The exchange was founded in 2012 and now 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. Its trading volume exceeds $40 billion. Coinbase is accessible to traders from 32 different countries, mainly from Europe and North America. On the platform, 740 different crypto and fiat pairs can be traded. One of the winning features of the site is that it adds new coins almost every week. These new additions are constantly communicated on the company's official Twitter account. Sometimes users are even invited to vote for one coin or another that then appears on the exchange. Binance's popularity is also influenced by its high order processing speed of almost 1.5 million per second.
|Cryptocurrencies||740 different crypto and fiat pairs, including BNB's own token;|
|Commissions and fees||Binance offers competitive transaction fees (commissions): 0.1% on each side of the transaction or 0.075% if you use your Binance (BNB) tokens;|
|Cartera||Mobile Fund Portfolio ;|
|Payment method||Bank transfer, debit/credit cards, various P2P payment channels;|
|Security||The 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 monitoring and threat protection tool in a decentralized data exchange environment.|
|Mobile Application||A free app is available from the Google Play Store or the App Store.|
This platform was registered in the United States as Payward, Inc. in 2011. It is headquartered 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 real-time market data, charts and trading services for more than 25 cryptocurrency exchanges. The service has attracted 4 million customers in two hundred countries. In general, Kraken focuses on traders trading major assets in cryptocurrencies.
|Cryptocurrencies||There are 8 chips available for trading;|
|Commissions and fees||Transactions of less than 50,000 units of a given currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer; for amounts above 50,000 units, the commissions are reduced to 0.14% and 0.24% respectively;|
|Cartera||No cryptocurrency wallets are offered on the site;|
|Payment method||Cryptocurrency wallets and money transfers by wire transfer. Credit card deposit/withdrawal is not available;|
|Security||The exchange offers users two-factor authentication (2FA), PGP encryption, and a global configuration lock, which prevents changes to the account for a certain period of time;|
|Mobile Application||Les applications de trading Kraken Pro et Kraken Futures.|
This cryptocurrency originated in New York in 2015. It started out functioning as a simple exchange of information over the Internet. But the service quickly became popular and the following year expanded its functionality to the level of a full-fledged exchange. Bittrex's trading platform has a variety of financial, trading and analytical tools for successful trading. In June, its trading volume exceeded $51 million. It allows its customers to work with a large number of trading pairs. Bittrex ensures reliable storage of users' assets, as almost all funds are stored in cold wallets. It is probably one of the most secure cryptocurrency trading platforms, as it was founded by cyber security experts. The platform supports five core markets: dollar, euro, BTC, ETH and USDT (Tether ERC-20); several ERC-20 tokens and many other independent coins.
|Cryptocurrencies||More than 250 pairs of transactions are available;|
|Commissions and fees||Topping up your euro account is possible through: a SEPA transfer; an international bank transfer; a bank card. withdrawal of fiduciary funds is possible from a bank account using an international bank transfer, and for euros, a SEPA transfer is supported.Withdrawal fees depend on the chosen cryptocurrency: for bitcoin they are 0.0005 BTC, for Ethereum - 0.00600000 ETH;|
|Cartera||There is no cryptocurrency wallet;|
|Payment method||Bank transfers, credit/debit cards;|
|Security||Two-factor authentication (2FA); IP verification requiring email confirmation of new IP address entry; IP whitelisting; Cold storage for 80-90% of assets;|
|Mobile Application||There are two apps for Android and iOS, respectively: Bittrex Global and Bittrex.|
BitMEX was launched in 2014. The site has proven to be a stable resource that offers maximum opportunities for profitable digital currency trading. All withdrawals and replenishments can only be made in BTC and users must convert altcoins into bitcoins. Currently, the Bitmex exchange holds a leading position in terms of trading volume, with a daily average of between $2 and $4 billion. The exchange has its own insurance fund, which currently manages more than 31,000 bitcoins. It is used to cover liquidated positions on the platform. Due to the ability to trade on margin with 100x leverage in a highly volatile cryptocurrency market, many traders compare trading on the exchange to gambling. Last month, the platform introduced mandatory verification of all account holders, to be completed by February 2021.
|Cryptocurrencies||55 trade pairs ;|
|Commissions and fees||BitMEX does not charge fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin network fee applies. The transaction fee for takers is 0.075% of the total order value, while creators receive an additional 0.025% per transaction;|
|Cartera||BitMEX cryptocurrency wallet|
|Payment method||Besides cryptocurrencies, BitMEX does not accept any other types of deposits;|
|Security||Funds are stored in cold wallets;two-factor authentication;registration via SMS notifications;multi-signature wallets for transactions;email communications are encrypted using PGP encryption;|
|Mobile Application||BitMEX Mobile was launched in September 2020.|
The adoption of cryptocurrencies continues to penetrate all corners of the globe, and to date, the global cryptocurrency market capitalization is $351.24 billion.
This cryptocurrency exchange was founded in 2012 in Hong Kong. It is well known for its collaboration with the Tether project (USDT). The platform offers its users exchange services, margin trading, and supports all major coin and token types. The project is designed for professional traders and large investors, and proves it with a variety of serious financial instruments. At Bitfinex you can apply short-term strategies and test long-term investments.
|Cryptocurrencies||Over 140 pieces and 300 pairs of quotes;|
|Commissions and fees||There are no additional payments for deposits and withdrawals in digital currencies. When depositing USD, you will have to pay a commission of 0.1%, but not less than $20; The minimum commission for withdrawing fiat money is $60; With the minimum trading volume per month, the trading commission is 0.1% for the creator and 0.2% for the taker ;|
|Cartera||Users can choose between three portfolios: the trading portfolio, the margin portfolio, and the funding portfolio;|
|Payment method||In addition to cryptocurrencies, users can make bank transfers and withdraw money from the card.|
|Security||Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are stored in cold wallets, out of reach of hackers. To make these wallets available, manual authorization from several members of the administrative team is required;|
LocalBitcoins was founded in Finland in 2012. The goal of the project was to create a secure platform for trading cryptocurrencies. The site is actively used in more than 240 countries around the world. Here, bitcoin can be exchanged for any fiat currency that officially exists in the world. Users place orders to buy and sell bitcoins, specifying the exchange rate, the payment method, and the minimum and maximum transaction amounts. Other users choose their preferred bids and confirm the transaction.
|Commissions and fees||The service does not charge a commission to the buyer. For sellers, there is a flat 1% commission on each sale.|
|Cartera ;||Monedero Bitcoin|
|Payment method||Bank transfers, bank cards, electronic systems ;|
|Security||Transaction security is provided by the escrow method, which has proven to be very effective; users' accounts are protected by two-factor authentication.|
It is an American cryptocurrency exchange that entered the market in 2014. In addition to traditional cash trading, the resource offers margin trading, as well as options for those who wish to lend their funds. In 2018, the company was acquired by Circle Internet Financial Limited. And as a result, the service introduced a mandatory verification procedure in accordance with KYC requirements. Currently, daily trading volume exceeds $13 million and users can trade more than 100 currency pairs. The largest percentage of the audience is interested in options and currency trading. Advanced analytics (last day cryptocurrency prices, trading history) create an environment for efficient trading.
|Cryptocurrencies||More than 100 currency pairs|
|Commissions and fees||All deposits are allowed with no additional fees; withdrawal fees are fixed and depend on the type of cryptocurrency; transaction fees are 0-0.25%; creation fees are 0-0.15%; funding fees are 0.1-0.25%; the higher the volume of transactions made in a month, the lower the fees for all transactions made thereafter;|
|Payment method||Topping up an account with a bank card or withdrawing money from a card is not available for users in some countries;|
|Security||The administration strongly recommends that you add two-factor authentication to your account;|
|Mobile Application||Available at|
This young exchange was established in 2017. However, it has already proven itself to be 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 for new cryptocurrencies that have just gone through an ICO, The exchange has its own symbol - the KuCoin Shares (KCS). Holders of the KCS coin get discounts on trades.
|Cryptocurrencies||More than 200 pieces and more than 450 pairs of quotes;|
|Commissions and fees||All deposits are free on site and there is a flat fee for withdrawals. KuCoin offers a fixed transaction fee of 0.10%, which is lower than the industry average.|
|Cartera||Internal cryptocurrency wallet ;|
|Payment method||A variety of payment methods supported by P2P services in fiat ;|
|Security||The exchange offers you the ability to establish two-factor authentication using Google Authenticator.|
|Mobile Application||Available at|
Cold storage in the strict sense is the transfer of bitcoins to addresses with a private key that can never be compromised (revealed). In its simplest form, this involves keys obtained on a computer without a network connection.
This is an Austrian company founded in 2014. It has powerful API applications, powerful servers, and a fully automated real-time ordering system. Today, the site serves more than 1.2 million customers, but through investments, it hopes to expand its customer base. The company has a European PSD2 license, the resource is equipped with modern security methods and means to protect the account from hacker access. The exchange has its own Bitpanda Ecosystem token (BEST), whose holders can get a 25% discount on transactions.
|Cryptocurrencies||Bitcoin, Ethereum, and more than 30 other digital assets;|
|Commissions and fees||Commission for trading service depends on the type of currency and the nature of the transaction. When buying bitcoins, 1.49% is paid, when selling - 1.29%; the commission for replenishment and withdrawal is fixed for each currency and debited to the account;|
|Cartera ;||Bitpanda cryptocurrency wallet|
|Payment method||You can make a deposit by bank transfer, credit cards or electronic payment systems;|
|Security||Bitpanda refers to systems that independently manage the keys to users' wallets. In addition, the following security measures are offered: cold storage of the backend; session control. Each login attempt from a new device requires a two-factor authentication confirmation; email authentication and validation;|
The service started in 2013 and has since offered services for buying the two most popular currencies by fiat money from a bank card. Coinmama is not an exchange in the usual sense of the word. Here you can only buy coins. The platform does not even have a built-in wallet and the goods purchased are transferred to the address specified by the user. Currently, the service has 2.3 million users in 188 countries.
|Cryptocurrencies||La plataforma vend Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos y EOS;|
|Commissions and fees||The use of credit or debit cards carries a 5% service fee. The platform also charges 3.90% for buying coins and 0.9% for selling coins;|
|Payment method||Credit/debit cards and bank transfers; supports SEPA and SWIFT payments;|
|Security||Coinmama is a reputable company whose site is secured by Trust Guard and Comodo Technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information;|
This cryptocurrency exchange is a joint project of European and Israeli entrepreneurs, created in 2013. The platform is open to traders from all over the world, regardless of their country of residence. The website's interface is simple and user-friendly, as the service is designed for all traders, regardless of their professional level. A potential customer can test demo trades and use the analysis tools to better understand the cryptocurrency market. HitBTC supports trading a wide range of cryptocurrencies and works with fiat money, offering a profitable exchange rate for GBP, USD, EUR. The site supports SEPA and SWIFT payments. HitBTC uses various promotional methods to attract traders, including active advertising on social networks.
|Cryptocurrencies||Currently, 800 currency pairs are traded on the platform;|
|Commissions and fees||There is no commission for deposits and a fixed commission for withdrawals, depending on the currency; HitBTC uses a tiered trading commission calculation system. The more transactions a user makes, the lower the commission;|
|Cartera||There is no cryptocurrency wallet;|
|Payment method||The HitBTC exchange can be replenished exclusively with digital currency;|
|Security||The platform offers two-factor authentication, high-level encryption technology, and cold storage of funds;|
Paxful is an international P2P marketplace for buying and selling bitcoins, launched in 2014 by Estonian and American entrepreneurs. Paxful's main goal is to create a transparent and secure platform for anyone to quickly buy bitcoins. Paxful does not sell cryptocurrencies 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 y Tether|
|Commissions and fees||Fees apply to the sale of cryptocurrencies: 0.5% for wire transfers; 1% for bank cards and electronic payments; 3-5% for gift cards; There is no fee for buying cryptocurrencies; Paxful will charge a transfer 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|
|Cartera||The Paxful Wallet app makes it easy to store and manage coins with your 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||The security of the system is ensured by two-factor authentication, collateral, and a mandatory verification procedure when working with large quantities.|
|Mobile Application||Wallet for Android and iOS.|
When choosing an exchange, be sure to carefully consider the terms and conditions for registration and withdrawal. It is important to read user reviews and check whether they have been involved in fraudulent trading or have been subject to hacker attacks. Another thing is to make sure that the exchange has a high trading volume. And always remember that the exchange is not a secure way to store cryptocurrencies. It is highly recommended to choose resources that have cold wallet storage and reliable security methods.