Cryptocurrency exchanges Hong Kong 2021
Cryptocurrency continues to grow in popularity and more and more people want to invest in this industry. Therefore, new websites are constantly popping up that offer the opportunity to buy or exchange them for fiat currency. A cryptocurrency exchange is a place where users can buy and sell digital currencies online. In addition to trading cryptocurrencies, cryptocurrency exchanges also offer the opportunity to store coins in personal wallets. These sites function much like exchanges for currencies, commodities, and stocks - prices are determined by the market, based on the supply/demand principle for each token. We offer a list of the largest cryptocurrency exchanges.
Hong Kong is one of the most important jurisdictions in the cryptocurrency industry - a very large number of companies are based here, including exchanges, OTC platforms, and brokers. They are currently supervised by the local currency commission 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 bank cards, wire transfers and even PayPal. Throughout its existence, it has served about 30 million customers and reached sales of $150 billion. One of the company's products, Coinbase PRO, is the largest cryptocurrency exchange in terms of trading volume. As of 2018, Coinbase is authorized by the UK's Financial Conduct Authority (FCA) to operate as a financial services organization. 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).|
|Commissies en honoraria||For all transactions under $200 you will be charged the following fees: $0.99 - for transactions under $10;$1.49 - for transactions between $10 and $25;$1.99 - for transactions between $25 and $50;$2.99 - for transactions between $50 and $200.For transactions over $200 a fixed interest rate will be added. The amount depends on the payment method.|
|Portfel||Free mobile and online. The advantage of this wallet is that transactions can be made off the blockchain.|
|Payment method||Money can be deposited and withdrawn with a bank card, a bank transfer, and a number of payment systems. SEPA credit transfers are available for EU residents;|
|Security||Two-factor authentication; All website traffic is encrypted with the SSL cryptographic protocol; All wallet keys are protected with AES-256 encryption; Only 2% of your customers' cryptocurrency funds are stored online and are insured against loss;|
|Mobile Application||Mobile applications for Android and iOS.|
This exchange was founded in 2012 and today serves more than 12 million traders. Between 2018 and 2020, Binance will be the undisputed leader in terms of trading volume and number of users among the world's leading cryptocurrency exchanges. The trading volume is more than $40 billion. Coinbase is available to traders from 32 different countries, mainly from Europe and North America. On the platform, 740 different cryptocurrency and fiat currency pairs can be traded. One of the winning features of the site is that it adds new currencies almost every week. News is constantly reported on the company's official Twitter account. Sometimes users are even asked to vote for some coin, which then 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 pairs of cryptocurrencies and fiat currencies, including BNB's own token;|
|Commissies en honoraria||Binance offers competitive transaction fees (commissions): 0.1% on each side of the transaction or 0.075% if you use your Binance (BNB) tokens;|
|Portfel||Trust Wallet mobile app;|
|Payment method||Bank transfer, debit/credit cards, various P2P payment channels;|
|Security||The exchange established the CryptoSafe Alliance (CSA). The initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized exchange environment.|
|Mobile Application||The free app is available from the Google Play store or the App Store.|
The platform was registered in the United States in 2011 as Payward, Inc. and is headquartered in San Francisco. Currently, 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 cryptocurrency market data, charts and trading services to more than 25 cryptocurrency exchanges. This service has attracted 4 million customers in two hundred countries. Overall, Kraken focuses on traders trading the best assets in cryptocurrencies.
|Cryptocurrencies||There are 8 chips available for trading;|
|Commissies en honoraria||Transactions of less than 50,000 units of a currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer; for amounts exceeding 50,000 units, the commissions are reduced to 0.14% and 0.24% respectively;|
|Portfel||No wallet for cryptocurrencies is offered on the site;|
|Payment method||Cryptocurrency wallets and money transfer via bank transfer. It is not possible to make deposits/withdrawals with bank cards;|
|Security||The exchange offers users two-factor authentication (2FA), PGP encryption, and a global settings lock that prevents changes to the account within a certain period of time;|
|Mobile Application||Kraken Pro and Kraken Futures trading applications.|
This cryptocurrency started in New York in 2015. It started as a simple online exchange. But the service quickly gained popularity and expanded its functionality to a full-fledged exchange the following year. The Bittrex trading platform has a variety of financial, trading, and analytical tools for successful trading. In June, trading volume exceeded $51 million. It allows its customers to work with a large number of trading pairs. Bittrex offers reliable safekeeping of users' assets, as almost all funds are stored in cold wallets. It is probably one of the most secure platforms for exchanging cryptocurrencies, 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||There are more than 250 trading pairs available;|
|Commissies en honoraria||Updating your euro account is possible via: SEPA transfer; international bank transfer; bank card. It is possible to withdraw money from your bank account via international bank transfer, and for euros a SEPA transfer is supported. The withdrawal fee depends on the cryptocurrency chosen: in bitcoin it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a flat fee of 0.25% of the total order value;|
|Portfel||There is no wallet for cryptocurrencies;|
|Payment method||Bank transfers, credit/debit cards;|
|Security||Two-factor authentication (2FA); IP verification requiring email confirmation when entering a new IP address; 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 source that offers maximum opportunities for profitable trading of digital currencies. All withdrawals and additions can only be made in BTC, and users must convert altcoins into bitcoins. Currently, the Bitmex exchange has the leading position in terms of trading volume, averaging $2 billion to $4 billion per day. The exchange has its own insurance fund, which currently manages more than 31,000 bitcoins. This is used to cover liquidated positions on the platform. Because of the ability to trade in the highly volatile cryptocurrency market with a 100 times leverage margin, many traders compare trading on the exchange to gambling. Last month, the platform introduced mandatory verification of all account holders, which must be completed by February 2021.
|Cryptocurrencies||55 trading pairs;|
|Commissies en honoraria||BitMEX does not charge fees for deposits and withdrawals. A minimal Bitcoin Network commission is charged on BTC withdrawals; trading fees for receivers are 0.075% of the total order value, while manufacturers pay an additional 0.025% per transaction;|
|Portfel||BitMEX cryptocurrency portemonnee|
|Payment method||Besides cryptocurrencies, BitMEX does not accept any other deposits;|
|Security||Funds are stored in cold wallets; two-factor authentication; registration via SMS messages; portfolios for multi-signature transactions; e-mail communication is encrypted with PGP encryption;|
|Mobile Application||BitMEX Mobile will be launched in September 2020.|
Cryptocurrency adoption is steadily penetrating every corner of the planet, and as of today the global cryptocurrency market cap is at B$351.24.
This cryptocurrency exchange was founded in 2012 in Hong Kong. It is known for its work with the Tether (USDT) project. The platform offers its users exchange services, security transactions, and supports all major coin and token types. The project is aimed at professional traders and large investors, and several serious financial instruments are on display. In Bitfinex you can apply short-term strategies and try to invest for the long term.
|Cryptocurrencies||More than 140 currencies and 300 trading pairs;|
|Commissies en honoraria||There are no additional fees for deposits and withdrawals in digital currencies. When depositing $, you have to pay a commission of 0.1%, but not less than $20; the minimum fee for withdrawing fiat money is $60; for a minimum coin movement per month, the trading fee is 0.1% for the creator and 0.2% for the acceptor;|
|Portfel||Users can choose from three portfolios - Foreign Exchange Portfolio, Margin Portfolio, and Finance Portfolio;|
|Payment method||In addition to cryptocurrencies, users also have bank transfers and card withdrawals at their disposal.|
|Security||Only 0.5% of cryptocurrency assets are stored online to support daily transactions. The rest of the coins are stored in cold wallets, beyond the reach of hackers. It requires manual approval from several members of the administrative team to make these wallets available;|
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 exchange Bitcoin for any fiat currency that officially exists in the world. Users place orders to buy and sell Bitcoin, specifying the exchange rate, payment method, and minimum/maximum transaction amounts. Other users choose their preferred offers and confirm the transaction.
|Commissies en honoraria||The site receives no commission from the buyer. A commission of 1% of each sale is set for the sellers.|
|Payment method||Bank transfers, bank cards, electronic systems;|
|Security||Transactions are secured by the escrow method, which has proven to be very effective; users' accounts are protected by two-factor authentication.|
It is a US-based cryptocurrency exchange that entered the market in 2014. In addition to traditional spot trading, the source also offers margin trading as well as options for those who want to borrow their money. In 2018, the company was acquired by Circle Internet Financial Limited. And after that, the service introduced a mandatory verification procedure in accordance with KYC regulations. Currently, the daily trading volume is more than $13 million, and users can trade more than 100 currency pairs. The largest percentage of the audience is interested in currency and options trading. Advanced analytics (last day cryptocurrency price, trading history) create a favorable environment for efficient trading.
|Cryptocurrencies||100+ casting trim|
|Commissies en honoraria||All deposits are allowed without additional fees; withdrawal fees are fixed and depend on the type of cryptocurrency; trading commission ranges from 0 to 0.25%; producer commission ranges from 0% to 0.15%; receiver commission ranges from 0.1% to 0.25%; the greater the number of transactions completed in a month, the lower the commission for all transactions completed subsequently;|
|Payment method||Upgrading with a bank card or withdrawing money with a card is not possible for users in some countries;|
|Security||The administration strongly recommends adding two-factor authentication to your account;|
|Mobile Application||Available at.|
This young exchange was founded in 2017. While it has already proven to be one of the most reliable trading platforms in the world of cryptocurrencies and blockchain. The exchange offers one of the largest selections of trading pairs in the world, and allows its customers to trade over 450 trading pairs. KuCoin is very popular among new cryptocurrencies that have just completed an ICO, The exchange has its own token - KuCoin Shares (KCS). Holders of KCS tokens receive trade discounts.
|Cryptocurrencies||More than 200 currencies and over 450 trading pairs;|
|Commissies en honoraria||All on-site deposits are free and there is a flat fee for withdrawals; KuCoin offers a flat trading commission of 0.10%, which is lower than the industry average.|
|Portfel||The inside of a cryptocurrency wallet;|
|Payment method||Variety of payment methods supported by P2P fiat services;|
|Security||The Exchange offers you the ability to establish two-factor authentication via Google Authenticator.|
|Mobile Application||Available at.|
Cold storage in the strict sense is the transfer of bitcoin to addresses with a private key that can never be compromised (revealed). In its simplest form, these are 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. It now serves more than 1.2 million customers, but with investments it hopes to expand its customer base. The company has a European PSD2 license, the source is equipped with modern security methods and ways to protect your account from hackers. The exchange has its own Bitpanda Ecosystem Token (BEST), whose holders can get a 25% discount on transactions.
|Cryptocurrencies||Bitcoin, Ethereum en 30+ digitale activa;|
|Commissies en honoraria||Commission for trading service depends on the type of currency and the nature of the transaction. When buying bitcoin you pay 1.49%, when selling - 1.29%; reload and withdrawal commissions are fixed for each currency and are debited from your account;|
|Portfel||Bitpanda cryptocurrency portemonnee|
|Payment method||Payment can be made by bank transfer, credit card, or electronic payment system;|
|Security||Bitpanda refers to systems that manage the user's own wallet keys and offers the following security measures: Cold storage background; Session control. Each login attempt from a new device requires confirmation of two-factor authentication; authentication and validation via email;|
The service started in 2013 and has since offered services to buy the two most popular currencies with fiat money from your bank card. Coinmama is not an exchange in the usual sense of the word. Here you can only buy currency. The platform does not even have a built-in wallet, and the goods purchased are transferred to the address provided by the user. The service currently has 2.3 million users in 188 countries.
|Cryptocurrencies||Platforma sprzedaje Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos i EOS;|
|Commissies en honoraria||When using credit or debit cards, a 5% service fee is charged, and 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 sites 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, founded 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 level of professionalism. 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 currency, 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 networks.
|Cryptocurrencies||There are 800 currency pairs traded on the platform today;|
|Commissies en honoraria||No commission on deposits and a flat commission on withdrawals, depending on the currency; HitBTC uses a multi-stage system to calculate commissions on trades. The more a user trades, the lower his commission will be;|
|Portfel||There is no wallet for cryptocurrencies;|
|Payment method||The HitBTC exchange can only be supplemented with digital currency;|
|Security||The platform offers two-factor authentication, high-level encryption technology, and cold storage;|
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 through which anyone can quickly buy Bitcoin. Paxful does not sell cryptocurrencies itself, the site has taken on the role of an intermediary between buyers and sellers. The exchange actively participates in social projects, such as building schools in Africa.
|Cryptocurrencies||Bitcoin i Tether;|
|Commissies en honoraria||A commission is charged on the sale of cryptocurrencies:0.5% for bank transfers;1% for debit cards and electronic payments;3-5% for gift cards;No commission is charged on the purchase of cryptocurrencies;Charge rates for transferring money to an external wallet.$ 0 - $ 9.99 = 0.0001 BTC $ 10 - $ 19.99 = 0.0002 BTC Over $ 20 = 0.0005 BTC|
|Portfel||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||The security of the system is ensured by two-factor authentication, deposit, and a mandatory verification procedure when it comes to large sums.|
|Mobile Application||Paxful Wallet for Android and and iOS.|
When choosing an exchange, it is important that you carefully read the terms and conditions for registration and withdrawal. It is important to read reviews by users and check whether they have been involved in fraudulent schemes or subject to hacker attacks. Another thing is to make sure that the exchange has a high trading volume. And always remember that an exchange is not a safe way to store cryptocurrency. It is highly recommended to choose resources that have cold wallet storage and reliable security methods.