SFCRegulated
Hong Kong China Crypto Asset Exchange License (CEX)
HashKey
Regulated in Hong Kong China
Crypto Asset Exchange License (CEX)
Basic Information
Country/RegionHong Kong
Exchange AbbreviationHashKey
Company NameHashKey Group
Operating Period5-10 years
Websitehttps://www.hashkey.com/
Exchange TypeCentralized Exchange
RiskNotice
1 risk alerts
MASRegulated
Singapore Crypto Asset Exchange License (CEX)
VARARegulated
United Arab Emirates Crypto Asset Exchange License (CEX)
FSARegulated
Japan Crypto Asset Exchange License (CEX)
BMARegulated
Bermuda Crypto Asset Exchange License (VASP)
Asset Reserves
Exchanges with reserves exceeding 19.66%
50 /100
$34,870,000
BTC$20.16M
Capital flows
Exchanges with 24H inflows exceeding 69.22%
17 /100
+$2,722,012.43
3.26% Net InflowTrading Volume
Exchanges with 24H trading volume exceeding 70.35%
92 /100
$102,440,000
20.02% | Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| ETH/USDT | $2,480.47 | 1.47% | $1,442,411.06 | $279.98K/$259.48K | 379 |
| BTC/USDT | $79,046.80 | 2.23% | $932,862.81 | --/-- | 411 |
Exchange Overview
Exchange Overview
What is HashKey Exchange?
Hong Kong’s first licensed retail virtual asset exchange. Trading Made Safe and Simple.
On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, Hash Blockchain Limited (HashKey Exchange) is Hong Kong's first licensed virtual asset exchange for retail users. HashKey Exchange has recently received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence and Type 7 (Providing automated trading services) licence. As HashKey Group's flagship business, HashKey Exchange provides all-in-one trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications.
Stay tuned for more details about HashKey Exchange.
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Compliant with Regulations
- Licensed by the Securities and Futures Commission of Hong Kong (“SFC”) with Type 1 (Dealing in securities) licence & Type 7 (Providing automated trading services) license.
- TCSP-licensed(Certification No. TC006486)
Trade Crypto with Fiat
- Transfer USD/HKD directly from bank account to the HashKey Exchange fiat wallet. Currently accepts bank（Authorized Institutions) transfers from major countries globally.
- USD and virtual asset trading pairs are available.
Managed Security
- Client funds are held in segregated accounts, separated from HashKey Exchange's operations, and protected by institutional custody grade insurance.
- According to HashKey, client money is segregated based on Section: Financial Soundness, Section Client Money: 10. 11 page 65.
- ISO 27001(Information Security) & ISO 27701(Data Privacy) certified.
Business Region
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News
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WikiBit Exchange Exit Risk Ranking Episode 41: Bithumb — The Darkest Moment for South Korea’s “Perpetual No.2” Exchange, and the “Ghost Ledger” Behind the Accidental Transfer of 620,000 BTC
Introduction: A “Self-Destructing” Second-Largest Korean Exchange In the first 40 episodes, we dug into a series of exchanges ranging from HashKey to XT.com. Today, in Episode 41, were looking at a “self-destructing player” — Bithumb. On paper, Bithumb‘s resume in the Korean market looks like a textbook example of a “top-tier compliant platform”: founded in 2014, South Korea’s second-largest crypto exchange, approximately 22.3% market share, a VASP-licensed exchange approved by the Financial Intelligence Unit (FIU), a real-name banking partnership with KB Kookmin Bank, and even a previous plan for an IPO. Sounds like the perfect profile of a leading regulated Korean exchange, right？ But on the other side of the story: On February 6, 2026, Bithumb accidentally distributed 620,000 BTC to 695 users due to an employee operational error — a mistake involving more than $40 billion worth of Bitcoin, about 15 times the amount of BTC actually held by the platform. Bithumb CEO Lee Jae-won admitted during a parliamentary hearing that the companys “internal control system had serious deficiencies.” The FIU accused Bithumb of approximately 6.65 million regulatory violations, imposed a fine of 36.8 billion Korean won (around $27 million), and issued a six-month “partial business suspension” sanction. In the first half of 2026, Bithumb recorded
WikiBit Exchange Exit Risk Rankings #40: XT.com — The “Social Exchange” with 12 Million Users, a CAD 2 Million Canadian Penalty, and Users Told to Pay “Tax” to Withdraw
Introduction: The Two Faces of an Exchange Awards Regular In our first 39 installments, we investigated a range of exchanges, from HashKey to Tokocrypto. For Episode 40, we turn to a platform with an impressive trophy cabinet and a growing list of legal and regulatory troubles: XT.com. XT.coms marketing credentials are certainly impressive. Founded in 2018, the exchange claims 12 million registered users worldwide, coverage across more than 200 countries and regions, support for over 1,300 tokens and 1,300+ trading pairs, and approximately $3.4 billion in daily trading volume. Headquartered in Dubai, it promotes itself as a socially integrated trading platform. In 2024, it received multiple industry awards, including recognition as a “Best Cryptocurrency Exchange.” It also regularly publishes Merkle tree proof-of-reserves reports, claiming reserve ratios of over 120% for BTC, ETH, and USDT. On paper, does this sound like the perfect image of a global social trading exchange？ But there is another side to the story. In 2023, Quebecs financial markets regulator, the Autorité des marchés financiers (AMF), ruled that XT.com had violated securities laws. In March 2025, the Ontario Securities Commission (OSC) followed up with a CAD 2 million administrative penalty and a comprehensive ban on XT.com conducting securities-related activities in Ontario. In 2026,
WikiBit Exchange Exit Risk Rankings #39: Tokocrypto — Binance’s “Golden Child” and Indonesia’s Compliance Benchmark, So Why Can Withdrawals Take Three Days?
Introduction: An Exchange Born with a Silver Spoon In our first 38 installments, we investigated a range of exchanges, from HashKey to Websea. For Episode 39, we turn our attention to a platform that appears to have one of the most legitimate pedigrees in the industry: Tokocrypto. Its credentials look impressive on paper: founded in 2018; Indonesia‘s first crypto exchange registered with Bappebti; awarded a full PFAK license in 2024; placed under the direct supervision of Indonesia’s Financial Services Authority (OJK) starting in January 2025; fully acquired by Binance in 2022; more than 5 million users; dual ISO 27017 and ISO 27001 certifications; Proof of Reserves using Merkle trees and zk-SNARKs; and user assets totaling $345 million. Sounds like a gold-standard example of regulatory compliance in Southeast Asia, right？ But there is another side to the story. Tokocrypto has a Trustpilot rating of just 1.9 out of 5, with users repeatedly complaining about slow withdrawals and unresponsive customer support. Gridinsoft gives the website a trust score of only 35 out of 100 and flags it as a “suspicious website.” Multiple Chinese-language anti-fraud articles have accused Tokocrypto of being involved in a futures-trading Ponzi scheme scam. Academic research also indicates that 46.2% of sentiment toward
