HashKey Exchange
HashKey
HashKey is an exchange licensed by Hong Kong's SFC, one of the strictest regulators, as the city's first retail platform and a gateway to crypto ETFs in Asia. Its strong Hong Kong focus means global expansion is still underway and limited for now.
Data & conditions
| Maker / Taker fee | 0.05% / 0.1% |
|---|---|
| Markets | Spot + Derivatives |
| Supported assets | 80+ |
| Trading pairs | 30+ |
| Fiat on-ramp | Yes |
| Deposit methods | Bonifico bancario (Standard Chartered Bank, ZA Bank), FPS (Faster Payment System) per HKD, Bonifico USD |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | APAC · 5+ countries |
| Regulator | SFC |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | SFC Hong Kong + VARA Dubai SFC Hong Kong (VASP) |
Strengths
- SFC Hong Kong (più restrictive): before license retail HK; ETF crypto Asia gateway.
- No notable sovereignty advantage documented.
Weaknesses
- Focus Hong Kong; espansione global limited.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (SFC Hong Kong (VASP)): reporting to authorities and freezes on order.
Verdict
The high rating stems from Hong Kong's SFC licence, one of the strictest regulators, with HashKey as the city's first authorized retail platform and a gateway to crypto ETFs in Asia: a strong compliance assurance. Fees are not the strong point (0.1% taker, 0.05% maker, above the more aggressive rivals) and the heavy Hong Kong anchoring means limited reach, with unavailability in Italy making it effectively inaccessible to the local reader.
Through this lens the judgment drops sharply: HashKey is custodial, enforces full KYC and scores low on privacy (3/10), all traits that flow precisely from the SFC licence that makes it valuable on the Tutela side. It is a venue designed to operate within the rules, not around them: anyone seeking self-custody, anonymity or censorship resistance won't find what matters here.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What are HashKey Exchange's fees?
On HashKey Exchange, spot fees are maker 0.05% / taker 0.1%. They drop with monthly volume and VIP tier.
Is HashKey Exchange regulated in Europe?
Regulatory status of HashKey Exchange: SFC Hong Kong (VASP). Licence: SFC Hong Kong + VARA Dubai (HK).
Does HashKey Exchange publish Proof of Reserves?
Proof of Reserves publication is not documented for HashKey Exchange. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from HashKey Exchange?
No, HashKey Exchange is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does HashKey Exchange support derivatives and futures?
HashKey Exchange offers derivatives trading.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · OAM Italy registry Data verified on Jun 15, 2026
- chaincatcher.com Legal name Data verified on Jun 15, 2026
- coindesk.com Valuation Data verified on Jun 15, 2026
- cointelegraph.com Latest funding round Data verified on Jun 15, 2026
Show 6 more sources
- decrypt.co Stock ticker · Stock listing · IPO date Data verified on Jun 15, 2026
- group.hashkey.com Company type · Corporate site Data verified on Jun 15, 2026
- support.hashkey.com Deposit methods Data verified on Jun 15, 2026
- theblock.co Investors Data verified on Jun 15, 2026
- baike.baidu.com Founders · Third-party audit · 24h volume · Volume data · +1 Data verified on Jun 13, 2026
- tradersunion.com Past incidents · Trading pairs · Staking & Earn · Max leverage · +1 Data verified on Jun 13, 2026