The Best 5 Crypto Exchanges to Use in Hong Kong 

Hong Kong is one of the top crypto destinations in the world, with many crypto companies running to it. This is because of the city’s positive disposition towards crypto, which it demonstrated through its regulatory approach.

In November 2022, Hong Kong came up with regulatory guidelines for the crypto industry, including guidance on how crypto companies can apply for regulatory licenses. This clear regulation is something the crypto industry seeks earnestly but hasn’t found in most jurisdictions.

If you’re in Hong Kong therefore, you are in one of the best places in the world for investing in crypto, and the following are the best crypto exchanges you can use to buy or trade cryptocurrencies.

Binance 

This is the most popular crypto exchange in the world, as is seen in its trading volume which is by far the highest for many years. The exchange has over 100 million users from different jurisdictions including Hong Kong.

You can use it to buy and trade crypto assets and enjoy deep liquidity which makes trading a breeze. The exchange is designed to be easy to use for everyone, both beginners and pros. Binance also charges low fees for buying and trading of crypto assets, no wonder it is so popular.

What’s more? Binance has a selected list of over 350 crypto assets listed on its platform that you can choose from to buy and trade.

Bybit 

Bybit is a crypto exchange that has its origin in South East Asia, so it is quite popular in Hong Kong. First founded in Singapore, the exchange currently has its headquarters in Dubai, but is still used in Hong Kong and many other countries.

This platform is particularly suitable for experienced traders since it is a renowned derivatives trading platform, but it is also used by people with less experience. Bybit has close to 1,000 crypto assets listed on its platform that you can both buy and trade.

It is also a trusted platform, with several regulatory licenses in many countries, even though it doesn’t have a license in Hong Kong yet.

Kraken 

Kraken ranks among the top crypto exchanges in the world, with over 10 million users from different parts of the world including Hong Kong. The exchange has over 350 crypto assets listed and ranks first in terms of security.

Kraken provides advanced tools for pro traders through its pro platform, but is also usable by people with different levels of crypto knowledge. You can buy and also stake a select number of crypto assets on the platform to earn impressive rewards.

OKX

OKX is a leading global crypto exchange serving millions of users across the world. The platform is driven by innovation, which has placed it ahead of many other platforms in terms of features and what it has to offer.

There are over 350 crypto assets you can buy and trade on the exchange, and also stake some of the selected assets that are supported for staking on the platform. OKX has a wallet, the OKX wallet which is a hot wallet you can use for taking and other things as well.

The platform is easier to use on the website as well as the mobile app than most other platforms like Bybit which are particularly tailored for advanced users.

Gate.io 

Gate.io is a crypto platform that has established its reputation as a trusted platform over the years. With over 1,700 crypto assets listed on the platform, it is one of the most popular platforms for altcoin investors interested in multiple assets.

The exchange is designed for all kinds of users, having a simple user interface that is extremely easy to use. You can use it on the platform or the mobile app, both of which are simple and easy to navigate. The fees on Gate.io are also on the low side, giving it another edge over its contemporaries.