Best Hong Kong Crypto Exchanges in 2025

Buying cryptocurrency in Hong Kong is straightforward with the right exchange. This guide simplifies the process, covering top platforms, security tips, legal considerations, and step-by-step purchasing instructions—all tailored for beginners and seasoned investors alike.

Top 5 Crypto Exchanges in Hong Kong

1. Binance

   • Rating: 4.8/5
   • Pros: Easy deposits, strong regulation, diverse asset listings.
   • Ideal for: All traders, especially beginners.

2. CEX.IO

   • Rating: 4.1/5
   • Pros: Over 40 licenses, user-friendly interface.
   • Ideal for: First-time investors.

3. BitMart

   • Rating: 3.3/5
   • Pros: $3,000 welcome bonus, staking options.
   • Ideal for: Passive income seekers.

4. WhiteBIT

   • Rating: 3.9/5
   • Pros: Low fees, multi-currency support.
   • Ideal for: Cost-conscious traders.

5. XT

   • Rating: 3.7/5
   • Pros: No mandatory KYC, Apple/Google Pay integration.
   • Ideal for: Privacy-focused users.

👉 Compare fees and features across these exchanges.

How to Buy Crypto in Hong Kong

Step-by-Step Checklist

1. Choose an Exchange

   • Prioritize platforms with high trust scores and regulatory compliance.

2. Create an Account

   • Enable 2FA for added security.

3. Verify Identity (KYC)

   • Required for fiat deposits on most exchanges.

4. Deposit Funds

   • Bank transfers and credit cards are common (watch for fees).

5. Buy Crypto

   • Use market orders for instant purchases or limit orders for price control.

Key Considerations When Selecting an Exchange

Security

• Look for cold storage, insurance, and proof of reserves.
• Activate our High Safety filter for vetted platforms.

Fees

• Cheapest options: Binance, WhiteBIT (0.05% trading fees).

Legal Compliance

• Hong Kong’s SFC mandates licensing for exchanges since 2023.

Taxes

• No capital gains tax, but frequent trading may incur profits tax (16.5%).

FAQ

Q: Are crypto exchanges legal in Hong Kong?
A: Yes, since June 2023. Exchanges must be SFC-licensed.

Q: What’s the safest exchange for beginners?
A: CEX.IO or Binance—both prioritize compliance and ease of use.

Q: How do I avoid high fees?
A: Use exchanges with "Quick Convert" features and compare fee structures.

👉 Explore staking opportunities to grow your holdings.

Final Tips

• Diversify across multiple exchanges.
• Use hardware wallets for long-term storage.
• Stay updated with SFC regulations for compliance.

By following this guide, you’ll navigate Hong Kong’s crypto market confidently and securely.