Key facts
Base tier per reviews (August 2026); VIP tiers go down to 0% / 0.05%, paying in HSK gives about a 5% discount.
About
HashKey Exchange is a licensed Hong Kong exchange and part of HashKey Group. In August 2023 it was among the first to win SFC approval to serve retail investors.
It is a regulated venue with a short list of large-cap coins, HKD and USD trading and strict onboarding. There are no derivatives, and base fees are higher than at offshore exchanges. Users from unsupported countries are usually directed to the separate HashKey Global platform.
Pros
- Hong Kong SFC licence
- HKD and USD fiat rails
- Strict custody requirements
Cons
- Few coins
- No derivatives
- Not available in Russia
Verification (KYC)
Mandatory verification; a bank account in the client's name in a supported country is required.
For users in Russia
Not available: retail accounts are open to Hong Kong residents and about 30 supported jurisdictions, and Russia is not among them (per 2026 reviews).
Security
No hacks found. As an SFC-licensed platform it keeps most client assets in cold storage as the regulator requires.
Licenses and registrations
- SFC Type 1 and Type 7 licences (Hong Kong)
- VATP licence under AMLO (Hong Kong)
Products
Sources
Other top-3 exchanges
Binance
Bybit
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