HashKey Exchange Review 2026
Learn more about TU’s methodology
- $0.01 or HKD 0.01
- Web platform
- Mobile Apps
- USD and HKD deposits and withdrawals
- 30 trading pairs
- Low trading fees
- Negative fees for professional market makers.
Our Evaluation of HashKey Exchange
Learn more about TU’s methodology
HashKey Exchange is a high-risk cryptocurrency exchange with the TU Overall Score of 2.68 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by HashKey Exchange clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
HashKey Exchange is a reputable and popular exchange, primarily focused on the Japanese market. It offers standard features, supplemented by useful options that simplify and improve trading profitability. Liquidity is deep for most trading pairs, further enhanced by the active participation of professional market makers.
How we tested HashKey Exchange
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at HashKey Exchange
HashKey Exchange provides access to spot trading 20 cryptocurrencies, as well as USD and HKD. Fees depend on trading volume, starting at 0.15%. By increasing their VIP level, traders can significantly reduce fees. Trades are executed through a browser platform and mobile applications for iOS and Android. Fiat deposits and withdrawals are processed via bank transfers, using Visa and Mastercard. Withdrawals are subject to an exchange fee.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- 30 crypto-to-fiat and crypto-to-crypto trading pairs are available;
- Fast order execution with no significant slippage;
- Competitive trading fees;
- HSK token rewards are available for various actions, including registration, trading, and referring new clients;
- Professional traders are eligible for various incentives, including phone trading or dedicated manager support;
- 24/7 technical support accessible via email, live chat, and tickets;
- Fee-free cryptocurrency deposits and withdrawals, with transactions processed within 10 minutes;
- License from the Hong Kong Securities and Futures Commission (SFC) ensures client funds and data protection.
- No passive income options;
- Fiat withdrawals are subject to fees;
- No leverage.
TU Expert Verdict
Chief Analytics Officer
HashKey Exchange provides access to trading 26 cryptocurrencies and fiat currencies such as USD and HKD through its web platform and mobile apps. The platform offers spot trading with 30 pairs, competitive fees that decrease for high-volume clients, and fast execution, while professional market makers may receive negative fees. It features government regulation under the Hong Kong SFC, cold wallet storage, and mandatory KYC verification for added security. User support is available 24/7 via email, live chat, and ticket system, and fiat deposits and withdrawals are processed by bank transfers and cards.
A few disadvantages are the lack of leverage, no support for passive income options like staking or copy trading, and spot fees that remain above the industry average for retail clients. The minimum deposit can be relatively high for some users, and fiat withdrawals incur additional fees. HashKey Exchange may suit traders seeking basic spot trading with direct fiat access, but those requiring asset variety, leverage, or advanced features may find the offering insufficient.
HashKey Exchange Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Web platform and mobile apps |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | USD, HKD, and cryptocurrencies |
| 💵 Deposit / Withdrawal: | Bank transfers, Visa, Mastercard, and crypto wallets |
| 🚀 Minimum deposit: | $0.01 or HKD 0.01 |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: 0.29%-0.29% |
| 🔧 Instruments: | 26 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: | USD and HKD deposits and withdrawals; 30 trading pairs; Low trading fees; Negative fees for professional market makers. |
| 🎁 Contests and bonuses: | Yes |
Traders can deposit nearly any amount in fiat currencies. For most cryptocurrencies, the initial deposit is low, with the exception of Bitcoin, which requires a minimum of 0.005 BTC. Leverage is not available, so users can only rely on their own funds for trading. Technical support is available 24/7 via email, live chat, and a ticket system.
HashKey Exchange Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, HashKey Exchange demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- 2FA
- Cold wallet storage
- Government-regulated
- Not tier-1 regulated
- No facial recognition
- No investor protection fund
HashKey Exchange Security Factors
We also compared HashKey Exchange against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| HashKey Exchange | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is HashKey Exchange a regulated crypto exchange?
HashKey Exchange is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
HashKey Exchange is authorized or licensed in accordance with local regulations in the following regions: Hong Kong.
Is verification (KYC) mandatory at HashKey Exchange?
Yes, KYC verification is mandatory at HashKey Exchange. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is HashKey Exchange available in the USA?
HashKey Exchange is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
HashKey Exchange commissions and fees
HashKey Exchange received a 2.95/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Spot fee above industry average
What are HashKey Exchange trading fees?
We analyzed HashKey Exchange’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
HashKey Exchange trading fees vs competitors
| HashKey Exchange | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.29 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.29 | 0.22 | 0.2 | 0.194 |
What are HashKey Exchange deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0001 BTC 0.0009 ETH |
Does HashKey Exchange offer P2P trading?
No, HashKey Exchange does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
HashKey Exchange received a 4/10 rating for its deposit and withdrawal services. HashKey Exchange offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No deposit fees
- No support for bank card payments
- No Google Pay option
Deposit and withdrawal options
HashKey Exchange supports the following deposit and withdrawal options: Bank transfers, Crypto.
HashKey Exchange Deposit and withdrawal options vs competitors
| HashKey Exchange | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is HashKey Exchange minimum deposit?
The minimum deposit at HashKey Exchange is 1400 USD/USDT or 2 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
HashKey Exchange minimum deposit vs competitors
| HashKey Exchange | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 1400 | 10 | 10 |
| Minimum deposit, BTC | 2 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does HashKey Exchange support fiat money?
HashKey Exchange supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
HashKey Exchange received a score of 3/10 in this category, indicating a modest offering of assets and markets. While HashKey Exchange covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Fiat currencies supported
- Yield farming not available
- Crypto options not available
HashKey Exchange supported coins and markets vs competitors
We compared HashKey Exchange with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| HashKey Exchange | Kraken | Coinbase | |
| Supported coins | 26 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
HashKey Exchange passive income options vs competitors
We also compared HashKey Exchange with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
| HashKey Exchange | Kraken | Coinbase | |
| Staking | Yes | Yes | Yes |
| Yield farming | No | Yes | Yes |
| Copy trading | No | Yes | No |
Trading apps & tools
HashKey Exchange received a score of 5.25/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- App data protection with 2FA
- Advanced tools and automation with API
- Mobile indicators allowed
- No access to TradingView features
- Android App score below 4 points
Trading apps
HashKey Exchange provides web and mobile apps for both Android and iOS users, with an average rating of 3 on the App Store and 3.5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the HashKey Exchange platform is for mobile use.
| HashKey Exchange | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does HashKey Exchange offer a desktop app?
No, HashKey Exchange does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does HashKey Exchange offer advanced charting with TradingView integration?
No, HashKey Exchange does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://www.hashkey.com/ |
|---|
Articles that may help you
Check out our reviews of other companies as well