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Hashkey Exchange Review 2025

Hashkey Exchange Review 2025
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Your Capital is at risk.
Company:Hashkey
Headquarter:

Central Hong Kong

Founded:2018
Coins:107
US Accepted:
Max Leverage:1:10
Futures TradingMargin TradingLaunch Pool

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Your Capital is at risk.

About
HashKey is a Bermuda-based crypto exchange regulated by the country’s Monetary Authority, offering 107 Spot and 53 Futures trading pairs. The minimum deposit and trade size is $1 and 1 USDT, respectively. The exchange rewards new clients with up to 120 USDT for account opening, ID verification, first spot and futures trades.
Contact
Level 14, Three Exchange Square, 8 Connaught Place Hong Kong, 0 HK
Rank and Score
Pros and Cons
User Levels
Pros
Regulatory approval and certifications
HKD and USD transactions
High liquidity across trading pairs
Advanced security features
User-friendly interface
Cons
Limited geographic availability
Limited digital asset offerings
Limited track record compared to established exchanges
Fewer advanced trading features for professional traders
score of blog
5 From 5.0
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HashKey provides Crypto trading with a default Spot maker/taker fee of 0.12%/0.12% and a default Futures maker/taker fee of 0.025%/0.06%. The exchange offers reduced fee through a 10-level VIP program and an additional 5% Spot fee discount for HSK payments.

Hashkey Company Information and Regulations

The company, a prominent blockchain industry player, has launched a licensed cryptocurrency trading platform, reinforcing its commitment to regulatory compliance.

Hashkey Exchange Review
Explore the Comprehensive Features of HashKey Exchange in Our Detailed Review

The exchange provides secure trading services, including spot, futures markets, and leveraged trading through two legal entities with various licenses, including:

  • HashKey Global licensed by the Bermuda Monetary Authority
  • HashKey Exchange regulated by the Hong Kong Securities and Futures Commission (SFC)

In this HashKey review, we will explore the global branch services and features.

The company was founded in 2018 by Tony Chen, co-founder and product director at Hashkey Group. HashKey Group operates globally holding licenses from:

  • Japan FSA
  • Singapore MAS
  • Hong Kong SFC
  • Bermuda BMA
  • Central Bank of Ireland
  • Dubai VARA

Hashkey Exchange Specifics Table

The crypto exchange offers a comprehensive VIP program, Launchpool, and independentcustodial wallets storing clients’ funds segregated.

Exchange

HashKey

Launch Date

2018

Levels

VIP 0 – VIP 9

Trading Fees

From 0.0%

Restricted Countries

USA, China, Hong Kong, and more

Supported Coins

107

Futures Trading

Yes

Minimum Deposit

$1 or 0.0005 BTC

Deposit Methods

Cards, Crypto

Withdrawal Methods

Crypto

Maximum Leverage

1:10

Minimum Trade amount

1 USDT

Security Factors

2FA, Segregated Accounts, Cold Storage, Insurance Coverage, SSL Encryption

Services

Futures, Spot, Token Launchpool

Customer Support Ways

Ticket, Live Chat, Email

Customer Support Hours

24/7 for Live chat; 08:00 AM to 06:00 PM for Tickets

Fiat Deposit

USD, HKD

Affiliate Program

Yes

Orders Execution

Limit, Market

Native Token

HSK

Hashkey's comprehensive API offerings cater to the needs of both retail and institutional traders, providing a robust infrastructure for various trading strategies and requirements.

Hashkey Exchange Pros and Cons

Let's examine the advantages and disadvantages of using Hashkey Exchange:

Pros

Cons

Regulatory approval and certifications

Limited geographic availability

HKD and USD transactions

Limited digital asset offerings

High liquidity across trading pairs

Limited track record compared to established exchanges

Advanced security features

Fewer advanced trading features for professional traders

User-friendly interface

-

Despite some limitations, Hashkey's focus on regulatory compliance and security makes it an attractive option for traders prioritizing safety and reliability in their crypto trading activities.

Hashkey Advantages
One of the advantages of HashKey Exchange is its commitment to regulatory compliance

HashKey User Levels Features

the company offers a tiered VIP user-level system, featuring fee discounts based on 30-Day Spot/Futures Trading Volume. The platform also offers an additional 5% discount to traders who use HSK, platform’s native token, to pay trading fees.

Tier

30-Day Spot Trading Volume (USDT)

30-Day Futures Trading Volume (USDT)

VIP 0

< 500K

< 1M

VIP 1

>= 500K

>= 1M

VIP 2

>= 1M

>= 2M

VIP 3

>= 4M

>= 8M

VIP 4

>= 8M

>= 15M

VIP 5

>= 15M

>= 30M

VIP 6

>= 30M

>= 50M

VIP 7

>= 50M

>= 100M

VIP 8

>= 100M

>= 200M

VIP 9

>= 200M

>= 400M

Note: To be eligible for any VIP tier, you only need to meet one of the criteria: 30-Day Spot Trading Volume or 30-Day Futures Trading Volume.

Fees and Commissions on HashKey

As mentioned earlier in this HashKey review, the company has implemented a VIP program offering reduced fees based on trading volume. However, the default fees are as follows:

  • Spot Maker / Taker: 0.12% / 0.12%
  • Futures Maker / Taker: 0.025% / 0.06%

While the exchange charges no fees on crypto deposits, crypto withdrawals incur a commission based on the asset and the blockchain network.

HashKey VIP Spot Trading Fees

Tier

Spot Maker Fee

Spot Taker Fee

VIP 0

0.12%

0.12%

VIP 1

0.08%

0.1%

VIP 2

0.08%

0.09%

VIP 3

0.07%

0.085%

VIP 4

0.06%

0.075%

VIP 5

0.04%

0.065%

VIP 6

0.03%

0.045%

VIP 7

0%

0.04%

VIP 8

0%

0.035%

VIP 9

0%

0.03%

HashKey VIP Futures Trading Fees

Note that the 5% discount for paying fees with HSK is not available on Futures trading.

Tier

Futures Maker Fee

Futures Taker Fee

VIP 0

0.025%

0.06%

VIP 1

0.02%

0.05%

VIP 2

0.016%

0.05%

VIP 3

0.014%

0.045%

VIP 4

0.012%

0.04%

VIP 5

0.008%

0.035%

VIP 6

0.004%

0.035%

VIP 7

0%

0.03%

VIP 8

0%

0.025%

VIP 9

0%

0.02%

Hashkey's fee structure is designed to encourage high-volume trading and liquidity provision.

Coins and Assets Offered by HashKey Exchange

The company provides its users with a limited list of 107 cryptocurrencies and spot trading pairs. Here's an overview of the assets offered:

  • Major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
  • Popular altcoins: Litecoin (LTC)
  • DeFi tokens: Uniswap (UNI), Aave (AAVE), Compound (COMP)
  • Stablecoins: USD Coin (USDC)
  • Platform-specific tokens: Hashkey Token (HSK)
Hashkey Supported Coins
Some of the supported coins on HashKey Exchange include IMX, LDO, LINK, LTC, MATIC, MKR, SOL, SPICE, TON

Futures and Margin Trading on HashKey Exchange

Futures and margin trading on the exchange allows users to engage in leveraged trading, amplifying potential returns by borrowing capital to increase their position size. The exchange offers a Futures market with the following features:

  • 53 Crypto/USDT trading pairs
  • Leverage options of up to 1:10
  • Perpetual (no expiry date) and Delivery (with an expiry date) contracts
  • Advanced tools like stop-loss orders and take-profit orders

On HashKey Exchange, the leverage available is set to 1:10. This means that for every $1in their account, traders can control up to $10 in positions. While this leverage can enhance profit potential, it also heightens the risk of substantial losses if trades do not perform as expected.

Registration and Verification on HashKey Exchange: Complete Guide

To access digital asset trading on Hashkey Exchange, users must register and complete KYC verification. This ensures compliance with financial regulations and platform security standards.

#1 Create Your Account

Visit the official HashKey Exchange platform, initiate the sign-up process, and set a secure password using your email.

hKey Registration
Your HashKey account password must include upper/lower case, numbers, and especial characters

#2 Email Confirmation

Verify your email address by entering the one-time code sent to your inbox.

#3 KYC Identity Verification

Access the Identity Verification section from your profile. Provide personal details, complete a live facial recognition (Liveness check), and upload the following documents:

  • Proof of Identity: Passport or Driver’s license
  • Proof of Address: Utility bill or Bank statement

Once verified, you’ll gain full access to trading tools, market data, and supported digital asset pairs on the HashKey platform.

Platforms and Applications

Hashkey Exchange offers a range of platforms and applications to cater to different user preferences:

  • Web-based trading platform: A comprehensive, browser-based interface for desktop users
  • Mobile apps: iOS and Android applications for on-the-go trading
  • API access: REST API, Websocket API, and FIX Protocol for algorithmic and high-frequency trading
  • TradingView integration: Advanced charting and analysis tools
HashKey Applications
HashKey applications include the web-based trading platform, mobile app, and TradingView

These diverse options ensure traders can access HashKey's services through their preferred method, whether casual investors or professional traders requiring advanced tools. Here are the download links to the exchange’s mobile app:

TradingFinder has developed various TradingView indicators that you can use for free.

HashKey exchange Security & Safety Measures

The company’s commitment to the security and safety of its users' assets and personal information is evident in its 100% hot wallet insurance fund and other security measures, including:

  • Two-factor authentication (2FA) for account access
  • Cold storage for 90% of user funds
  • Regular security audits and penetration tests by Big 4 firms
  • SSL encryption for all data transmissions
  • Segregated user accounts
  • Insurance coverage for digital assets

There have been no reports of security breaches on the exchange track record. In addition to the strong regulatory framework, HashKey succeeds in providing a safe and reliable platform.

HashKey Exchange Payment Methods

HashKey Exchange supports Crypto transfers, in addition to HKD and USD payments. While there are no specific data about fiat payment methods on the platform, here are what we know about crypto transfers on HashKey:

  • No deposit fees
  • Minimum deposit and withdrawal variable based on the digital asset (ETH min deposit/withdrawal: 0.01/0.04 on the Ethereum network)
  • Variable withdrawal fees, for example:

Digital Asset

Blockchain Network

Withdrawal Fee

ETH

ETH

0.0023

USDT

Tron

1

BTC

BTC

0.0005

BNB

BinanceSmart

0.002

DOGE

Dogecoin

8

DOGS

TON

200

HSK

HashKey

0.1

HashKey Exchange Trust Scores and Evaluations

The Exchange has garnered an average trust score from users on Trustpilot and an excellent score from experts on CoinGecko.

While 50% of HashKey reviews on TP are positive (5-star), the rest are negative (1-star and 2-star). The exchange has replied to all the negative comments with an average reply time of over 1 month.

HashKey Trustpilot
A look into the HashKey Trustpilot profile

While the company is relatively new compared to some established exchanges, its focus on regulatory compliance and security has helped it build a reputation as a trustworthy platform in the cryptocurrency space.

HashKey Features

Let’s see if HashKey offers especial crypto services, such as copy trading and crypto staking.

Staking

No

Yield Farming

No

Social Trading

No

Liquidity Pools

No

Crypto Cards

No

HashKey exchange Support

Hashkey Exchange provides comprehensive support to its users through various channels:

  • Email support: contact@global.hashkey.com
  • Live chat: Available 24/7 for urgent matters
  • Ticket system: For submitting and tracking support requests

Hashkey's multi-channel support system ensures users can get assistance whenever needed, enhancing the overall trading experience.

Copy Trading Services and Investment Options on Hashkey Exchange

The lack of Crypto staking services is one of the biggest letdowns in this HashKey review. While the exchange primarily focuses on spot and futures trading, it offers an affiliate program for passive income enthusiasts with the following features:

  • Referral: Up to 50 USDT in trial funds per referred client
  • Referral Pro: Extra launchpool airdrops and higher commission rebates

Restricted Countries List

HashKey Global restricts its services in certain jurisdictions to comply with legal and regulatory requirements. In particular, it does not provide services to users in the United States, Mainland China, the Hong Kong Special Administrative Region, and Additional countries, including:

  • Afghanistan
  • American Samoa
  • Anguilla
  • Antarctica
  • Bangladesh
  • Belarus
  • Central African Republic
  • Congo
  • Cuba
  • Eswatini
  • Faroe Islands
  • Guinea-Bissau
  • Guam
  • Haiti
  • Iran
  • Iraq
  • Israel
  • Lebanon
  • Libya
  • Mali
  • Myanmar
  • Nicaragua
  • North Korea
  • Pakistan
  • Russia
  • Somalia
  • Sudan
  • Syria
  • Tunisia
  • United States of America
  • Yemen
  • Zimbabwe
HashKey Restricted Countries
A list of restricted countries on the HashKey Global platform

Users from these regions may face limitations or cannot access Hashkey's services. Potential users should check the most up-to-date information on Hashkey's website or contact customer support for specific details about their country's eligibility.

HashKey Comparison Table

The table below provide a good sense of HashKey’s standing in the crypto world in comparison with other exchanges:

Features

HashKey Exchange

Binance Exchange

Coinex Exchange

Upbit Exchange

Number of Assets

107

400+

1,200+

200+

Maximum Leverage

1:10

1:125

1:100

1:1

Minimum Deposit

$1

$1

0.0005 BTC

N/A

Spot Maker Fee

0.00% - 0.12%

0.02% - 0.1%

-0.005% - 0.1%

From 0.2%

Spot Taker Fee

0.03% - 0.12%

0.04% - 0.1%

0.025% - 0.1%

From 0.2%

Mandatory KYC

Yes

Yes

No

Yes

Futures Trading

Yes

Yes

Yes

No

Mobile Application

Yes

Yes

Yes

Yes

Fiat Payment

Yes

Yes

Yes

Yes

Staking

No

Yes

Yes

Yes

Copy Trading

No

Yes

Yes

No

Writer's Opinion and Conclusion

HashKey has listed 107 cryptocurrrencies for OTC, Spot, and Futures trading in the USDT market. HashKey Group is regulated by multiple authorities, including Japan FSA, Singapore MAS, and Hong Kong SFC, supporting HKD and USD fiat payments.

The exchange has a 9/10 CoinGecko score and a 3.3/5 rating on Trustpilot.

FAQs

What is HashKey Exchange and who regulates it?

HashKey Exchange is a licensed cryptocurrency trading platform operating under the HashKey Group, founded in 2018.

It is regulated by the Hong Kong Securities and Futures Commission (SFC) and licensed by the Bermuda Monetary Authority (BMA). The group also holds licenses from Japan FSA, Singapore MAS, and Dubai VARA, positioning it as one of the most compliance-focused exchanges globally.

How much are the trading fees?

(maker/taker). Traders using the native HSK token for Spot fees receive an additional 5% discount.

The VIP program reduces fees to as low as 0.00% maker and 0.03% taker for Spot, and 0.00% maker and 0.02% taker for Futures, depending on trading volume.

What are the VIP tiers?

HashKey’s 10-tier VIP system offers progressively lower trading fees based on 30-day Spot or Futures volume.

VIP 0 applies to users with under $500K (Spot) or $1M (Futures). At VIP 9, traders need $200M+ Spot or $400M+ Futures volume to unlock 0% maker and ultra-low taker fees.

Is KYC mandatory on HashKey?

Yes, KYC (Know Your Customer) is required to access trading services. Users must complete ID verification, facial recognition, and submit proof of address to fully unlock platform features. This aligns with global regulatory standards for crypto exchanges.

What cryptocurrencies can I trade on HashKey?

The exchange supports over 107 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) and DeFi tokens like Uniswap (UNI) and Aave (AAVE). The platform focuses on quality over quantity, listing only thoroughly vetted assets.

Does HashKey support leveraged trading?

Yes, the exchange offers Futures trading with leverage up to 1:10, allowing traders to control positions up to 10x their capital. Futures contracts are available in both Perpetual and Delivery formats, covering 53 USDT-based pairs.

Can I trade using a mobile app?

Yes, HashKey offers mobile apps for iOS and Android, in addition to a web-based desktop platform. Users can also access TradingView integration for advanced charting and make use of REST, WebSocket, and FIX APIs for algorithmic strategies.

Which countries are restricted?

HashKey does not serve users from the U.S., China, Hong Kong, Russia, Iran, North Korea, and other high-risk jurisdictions. The full list includes over 30 restricted countries, in compliance with global regulatory standards.

What deposit methods are available?

Crypto and fiat deposits are both supported. Fiat currencies include USD and HKD, though specifics on bank transfer partners aren't public. Crypto deposits incur no fees, and the minimum deposit is as low as $1 or 0.0005 BTC.

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