HashKey Exchange

hashkey.com ↗

HKD and USD crypto accounts with order-book and quoted trading

SI Score
80/100
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Ask SI about HashKey Exchange

Answers use saved listing facts and recorded sources.
Homepage screenshot
Screenshot of the HashKey Exchange homepage

What it does

HashKey Exchange offers digital-asset trading with HKD and USD bank funding, crypto transfers and a Marketplace for quoted deals. Account verification is required, and some assets are limited to professional investors. The Hong Kong service excludes US persons and does not offer its services in Mainland China.

HashKey’s onboarding separates identity verification from funding. After creating an account, complete the requested checks before transferring USD or HKD into the fiat wallet. Available assets depend on whether the customer qualifies as a retail or professional investor.

Requesting a Marketplace quote

Trade → OTC opens Marketplace. Its brokerage balance is separate from the funding balance; the plus button transfers an amount between those accounts. Select the paying and receiving currencies, amount and Instant or Delayed settlement, then submit the inquiry.

Inquiry Record shows whether it is waiting for confirmation, settling or expired. View Quote displays the provider’s price, validity, payment and settlement details. Accepting binds the trade: it cannot then be edited or cancelled. An expired quote requires a new inquiry. Completed trades have a Transaction Details page and inquiry number.

Trading conditions

Marketplace prices include the quoted dealing cost. The exchange’s separate trading-fee structure uses volume and VIP tiers; a filled order uses the applicable rate at execution.

Spot orders also face price bands. A market order can be partly filled and have the remaining quantity cancelled when it would trade outside the permitted band. Market orders are disabled for the first five minutes of a new listing. These controls do not eliminate crypto price risk.

US citizenship, permanent residency and US tax residency are among the prohibited US-person conditions. Account acceptance, identity checks and the asset’s investor classification still apply to otherwise eligible applicants.

Strengths

  • HKD and USD bank-funding routes
  • Marketplace inquiry records link quotes to settlement
  • Spot price bands can stop out-of-range execution

Watch out for

  • Accepted Marketplace quotes cannot be cancelled or amended
  • Some assets require professional-investor status
  • US persons and Mainland China service access are excluded

Best for

  • Eligible retail and institutional customers comparing HashKey spot orders with quoted settlement

Sources