Cryptocurrency trading platform 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 a user can buy and sell digital currencies online. In addition to trading cryptocurrencies, crypto exchanges also offer the opportunity to store coins in personal wallets. These sites work in the same way as currencies, commodities and stock exchanges - 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 large number of companies are based here, including exchanges, OTC platforms and brokers. They are currently controlled by the local currency board and the Hong Kong Securities and Futures Commission (SFC).
This platform was launched in 2012 in San Francisco, USA. Coinbase, through its two divisions, offers two types of services: cryptocurrency buying on the Coinbase crypto exchange service (which includes a crypto wallet) and trading on the Coinbase Pro crypto exchange service. It offers a simple coin exchange mechanism and supports popular payment methods such as bank cards, bank transfers and even PayPal. During its existence, it has served about 30 million customers and reached $150 billion in sales. One of the company's products - Coinbase PRO - is the leading cryptocurrency exchange in terms of transaction volume. Since 2018, Coinbase has been authorized by the UK's Financial Conduct Authority (FCA) to act as a financial services organization. Currently, the platform 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 the following fees will be charged: $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.|
|Wallet||Free mobile and online. The advantage of this wallet is that transactions can be done off-block.|
|Payment method||You can deposit and withdraw funds via bank card, 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 by AES-256 encryption; Only 2% of your customers' cryptocurrency funds are stored online and are insured in case of loss;|
|Mobile Application||Mobile applications for Android and iOS.|
This 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 transaction volume and number of users among the world's top cryptocurrency exchanges. Its transaction volume exceeds $40 billion. Coinbase is available to traders from 32 different countries, mainly from Europe and North America. On the platform, 740 different crypto and fiat trading pairs are available for trading. One of the winning features of the site is that it adds new coins almost every week. This news is constantly reported on the company's official Twitter account. Sometimes users are even asked to vote for some coin that then appears on the exchange. Binance's popularity is also influenced by its high order processing speed, which stands at almost 1.5 million per second.
|Cryptocurrencies||740 different encryption and fiat pairs, including BNB's own token;|
|Commissies en honoraria||Binance offers competitive trading costs (commissions): 0.1% on each side of the trade or 0.075% if you use your Binance tokens (BNB);|
|Wallet||Trust Wallet mobile application;|
|Payment method||Bank transfer, debit/credit cards, various P2P payment channels;|
|Security||The exchange has launched the CryptoSafe Alliance (CSA). This initiative brings together exchanges, blockchain protocols, cybersecurity experts and regulatory compliance firms. It is the first comprehensive threat monitoring and 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 in 2011 as Payward, Inc. Its headquarters is in San Francisco. Before 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 focuses on traders who trade in the major cryptocurrencies.
|Cryptocurrencies||8 chips are available for trading;|
|Commissies en honoraria||For transactions under 50,000 units of a given currency, a commission of 0.16% for the seller and 0.26% for the buyer applies; for amounts over 50,000 units, the commissions are reduced to 0.14% and 0.24% respectively;|
|Wallet||No crypto wallet is offered on the site;|
|Payment method||Crypto wallets and money transfers via bank transfer. It is not possible to deposit/withdraw via bank cards;|
|Security||It provides users with two-factor authentication (2FA), PGP encryption, and a global settings lock, which prevents account changes within a certain period of time;|
|Mobile Application||Kraken Pro and Kraken Futures trading applications.|
This cryptocurrency began its work in New York in 2015. It started its operations as a mere Internet exchange. But the service quickly became popular and in the following year expanded its functionality to the level of a real exchange. The Bittrex trading platform has a variety of financial, trading and analytical tools for successful trading. In June, its turnover exceeded $51 million. It allows its clients to work with a large number of trading pairs. Bittrex offers reliable storage of users' funds, as almost all funds are kept in cold wallets. It is probably one of the most secure platforms for exchanging cryptocurrencies, as it was founded by cybersecurity experts. The platform supports five basic 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;|
|Commissies en honoraria||Replenishing your euro account can be done via: SEPA transfer; international bank transfer; bank card. Fiat money withdrawal can be made to a bank account via an international bank transfer, and for euros a SEPA transfer is supported. The withdrawal fee depends on the chosen cryptocurrency: in bitcoin it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site applies a flat trading fee of 0.25% of the total order value;|
|Wallet||No crypto wallet;|
|Payment method||Bank transfers, credit/debit cards;|
|Security||Two-factor authentication (2FA);IP verification that requires confirmation of new IP address entry; IP whitelists; 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 in digital currencies. All withdrawals and additions can only be made in BTC, and users must convert altcoins into bitcoin. Currently, the Bitmex exchange holds a leading position in terms of trading volumes, averaging between $2 billion and $4 billion per day. The exchange has its own insurance fund, which currently manages over 31,000 bitcoins. It is used to cover settled positions on the platform. Because of the possibility of trading 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, which must be completed by February 2021.
|Cryptocurrencies||55 trading pairs;|
|Commissies en honoraria||BitMEX does not charge for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; trading commissions for buyers are 0.075% of the total order value, while buyers receive an additional 0.025% for each transaction;|
|Portfolio||BitMEX Crypto 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 messages;Multi-signature wallets for transactions;Email 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 for today the global crypto market cap is $351.24B.
This cryptocurrency exchange was founded in 2012 in Hong Kong. It is known for its cooperation with the Tether (USDT) project. 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 itself by offering a variety of serious financial instruments. At Bitfinex you can apply short strategies and try to invest for the long term.
|Cryptocurrencies||More than 140 currencies and 300 trading pairs;|
|Commissies en honoraria||No additional payments for deposits and withdrawals in digital currency. When depositing USD, you must pay a commission of 0.1%, but not less than $20;The minimum fee for withdrawing fiat money is $60;With the minimum trading volume per month, the trading fee is 0.1% for the creator and 0.2% for the taker;|
|Portfolio||Users can choose from three wallets - Exchange Wallet, Margin Wallet, and Finance Wallet;|
|Payment method||In addition to cryptocurrencies, bank transfers and cash withdrawals to the card are also available to users.|
|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. Making these wallets available requires manual authorization from several members of the management team;|
LocalBitcoins was founded in Finland in 2012. The goal of the project was to create a secure platform for cryptocurrency trading. The site is actively used in more than 240 countries around the world. Here you can trade Bitcoin against 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 the desired offers and confirm the transaction.
|Commissies en honoraria||The service does not charge a commission to the buyer. For sellers, there is a flat 1% commission on each sale.|
|Payment method||Bank transfers, bank cards, electronic systems;|
|Security||Transaction security is ensured by the escrow method, which has proven to be very effective; user accounts are protected by two-factor authentication.|
It is an American cryptocurrency exchange that entered the market in 2014. In addition to the traditional spot exchange, the source 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 according to KYC requirements. Currently, the daily trading volume is more than $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 analysis (last day cryptocurrency price, trading history) creates a favorable environment for effective 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 fees are 0 to 0.25% Manufacturer's fee is 0% to 0.15%;Manufacturer's fee is 0.1% to 0.25%;The higher the volume of transactions completed in a month, the lower the fee for all transactions completed thereafter;|
|Payment method||Replenishing an account with a bank card or withdrawing a card are not available for users from 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. However, 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, allowing its customers to trade over 450 trading pairs. KuCoin is very popular for new cryptocurrencies that have just gone through ICO, The exchange has its own token - KuCoin Shares (KCS). holders of the KCS token get trading discounts.
|Cryptocurrencies||More than 200 currencies and over 450 trading pairs;|
|Commissies en honoraria||All deposits are free on the site and there is a flat fee for withdrawals; KuCoin offers a flat trading commission of 0.10%, which is lower than the industry average.|
|Wallet||Cryptographic courtyard wallet;|
|Payment method||A variety of payment methods supported by P2P fiat services;|
|Security||The switch allows you to set up two-factor authentication by 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 their simplest form, these are keys obtained on a computer without a network connection.
It is an Austrian startup, 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 through 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 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 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 bitcoins pay 1.49%, when selling - 1.29%;The commission for loading and withdrawal is fixed for each currency and is debited from the account;|
|Payment method||You can make a deposit via bank transfer, credit cards, or electronic payment systems;|
|Security||Bitpanda refers to systems that independently manage the user's wallet keys and offers the following security measures:Cold storage background;Session control. Each login attempt from a new device requires confirmation with two-factor authentication;Email authentication and validation;|
The service started its work in 2013 and since then has been offering services to buy the two most popular fiat currencies from a bank card. Coinmama is not an exchange in the usual sense. You can only buy currency here. The platform does not even have a built-in wallet and the funds purchased are transferred to the address provided by the user. Currently, the service has 2.3 million users in 188 countries.
|Cryptocurrencies||The platform sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos en EOS;|
|Commissies en honoraria||Using credit or debit cards carries a 5% service fee, 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 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, founded 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 easy to use, as the service is designed for all traders, regardless of their professional level. A potential customer can try demo trading and use the analytical tools to better understand the cryptocurrency market. HitBTC supports trading in a very large number of cryptocurrencies and works with fiat currency, 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 media.
|Cryptocurrencies||800 currency pairs are traded on the platform today;|
|Commissies en honoraria||No commissions for deposits and a fixed commission for withdrawals, depending on the currency; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be;|
|Portfolio||No crypto wallet;|
|Payment method||The HitBTC exchange can only be supplemented with digital currency;|
|Security||The platform offers 2-factor authentication, state-of-the-art 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 actively participates in social projects, such as building schools in Africa.
|Cryptocurrencies||Bitcoin en Tether|
|Commissies en honoraria||Commissions are charged for selling crypto:0.5% for bank transfers;1% for debit cards and electronic payments;3-5% for gift cards;No commission is charged for buying cryptocurrency;Paxful will charge transfer fees for sending money 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 its 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 the two-factor authentication, the deposit, and the mandatory verification procedure when dealing with large quantities;|
|Mobile Application||Paxful Wallet for Android and iOS.|
When choosing an exchange, you should carefully study the conditions of registration and withdrawal of funds. It is important to read user reviews and check whether the exchange has been involved in fraudulent schemes or subjected to hacker attacks. You should also make sure that the exchange has a high volume of transactions. And always remember that the exchange is not a secure way to store cryptocurrency. It is highly recommended to choose resources that have cold wallet storage and reliable security methods.