Which cryptocurrency exchange is better? 2025 Latest Cryptocurrency Trading Guide

Views 95k2025.08.15

What is a cryptocurrency exchange?

The cryptocurrency exchange is a bridge connecting the fiat currency and cryptocurrency markets, an online platform that specializes in trading a variety of cryptocurrency transactions. Users can buy and sell in addition to buying and sellingBitcoinOther cryptocurrencies also include basic trading features such as remittance queries, hold orders, matching transactions, and virtual wallet services, where users can store cryptocurrencies in the exchange's wallets, as well as other financial services such as margin trading, loans, etc., to meet the investment needs of different users.

Top 5 Cryptocurrency Exchanges in the World

Cryptocurrencies are a new field of investment that, with institutional and regulatory systems still incomplete, will bring security concerns to everyone more or less. Therefore, if you want to invest, it is best to choose a larger exchange that will be relatively secure, because:

High liquidity often has a huge volume of transactions and an active user base, which ensures good liquidity.
Complete trading features typically offer multiple landing methods and more advanced trading features to give traders a more flexible and professional trading experience.
Asset security is more effective in protecting users' assets by adopting security measures such as multiple authentication, cold storage of assets.
Diversify the trading range of a wide variety of mainstream and popular cryptocurrencies on the exchanges to meet the different trading needs of different investors, increasing usage and volume.

5 major cryptocurrency exchanges in the world: Binance (Binance), Coinbase Exchange, OKX, Bybit, Upbit:

Cryptocurrency Exchanges	Introduction & Features	24H TRADING VOLUME*
Binance (Binance)	Founded in 2017, it is now one of the largest cryptocurrency exchanges in the world, covering more than 200 countries or regions, with daily trading volumes reaching hundreds of billions of dollars	Over HK$221.6 billion
Coinbase-Exchanges	Founded in 2012, it covers more than 100 countries or regions and offers a wide range of product services such as wallets, credit cards, deposit loans, and more. Coinbase Pro is also launched for institutional investors.	Over HK$38.8 billion
OKX	Founded in 2014, it covers nearly 180 countries or regions; its community is highly active, actively engaging with global cryptocurrency enthusiasts, regularly hosting various online and offline events such as meetups, trading contests, etc.	More than HK$35.7 billion
Bybit	Established in 2018, covering nearly 150 countries or regions; Focus on derivatives trading of mainstream cryptocurrencies such as futures, options, etc.	More than HK$64.1 billion
Upbit	Established in 2017, it is the largest cryptocurrency exchange in South Korea, mainly serving Korean users; Covers nearly 120 markets or regions around the world	Over HK$23.7 billion
Source: coinmarketcap * Data as of 2024.8.7 12:15, taken from the trading volume in the last 24 hours of the day

Although the above 5 are the largest cryptocurrency exchanges in the world, so far they have not been licensed in Hong Kong. If you want to trade cryptocurrencies securely in Hong Kong, we recommend using a platform licensed by the Hong Kong Securities and Exchange Commission.

How to choose a platform that supports cryptocurrency trading locally?

Futu will start supporting cryptocurrency transactions from August 1, 2024, and will be regulated and double-secured by a licensed certificate holder who will be licensed as a licensed exchange. Apart from that, there are 4 major advantages:

1. Buy and sell better

Trade 0 commission, investment threshold as low as HK$80/US$10

2. Wide range of trading options

Supports 19 types of Crypto Spot Trading*, including 2 main types of cryptocurrencies:BitcoinandEther, as well as support for a range of related virtual asset transactions. In addition to tradableCryptocurrency Spot, IT IS ALSO POSSIBLE TO TRADE CRYPTOCURRENCY SPOT ETFS OR FUTURES ETFS. In addition, you can also trade stocks with concepts related to cryptocurrencies.

* Some are only available for professional investors

3. HKD USD Direct Deposit

Now, Futu will trade cryptocurrencies without having to re-open a hot wallet, without having to re-enter a private key code composed of a long string of complicated numbers, and no need to write down any other day, or if you do not need to use the currency to convert the currency to USDT for an effective transaction, you can use Hong Kong currency. Or making a transaction in USD, aligning the funds directly from the securities account to the cryptocurrency account, makes it easier and more secure to trade USDT than when you find an exchange shop.

What are the risks when looking for cryptocurrency exchange?

You may encounter an irregular exchange shop where fraud may be present during the exchange process, such as a false quote, which causes you to exchange USDT above the market price, a refund will not be available; more likely to be borrowed for illegal activities, such as money laundering or illegal foreign exchange transactions, or the risk of improper handling of funds, such as money laundering or illegal foreign exchange transactions, or causing funds to be mishandled Sealed or frozen, leaving you at a loss:

4. User-friendly trading interface

The trading interface is too complex to cause losses when the user operates or is prone to error. Making it user-friendly, user-friendly, user-friendly, easy-to-find trading information, and buying and selling paths will not only make it easy for beginners to get started, but also ensures smooth trading. The results are commendable.

What are the types of Hong Kong MMF Exchange brand?

The rapid development of the Cryptos market in recent years, coupled with the risks of the exposure of the JPEX event in 2023, the Hong Kong Securities Regulatory Authority (SFC) will implement VASP-branded Virtual Asset Service Providers (VASPs) on June 1, 2023 to strengthen the regulation of the trading platform on Virtual Assets Trading Platforms Pipeline, AML, Client Identity Credentials (KYC) and Platform Supervision, AML, Client Identity Credentials (KYC) and Asset Assets Security, Protecting Investor Rights. All Central Virtual Assets Trading Platforms (VATP) that operate in Hong Kong or promote Virtual Assets Trading Services to Hong Kong investors, are subject to the Securities and Futures Trading Platform (VATP), are subject to the Securities and Futures Futures Terms (VATP) Article 571 and/or the Blow Money Laundering Regulations apply to SFC for a license. Platforms that do not apply for a license must close their Hong Kong Business by 31 May 2024 and not continue to provide services to Hong Kong investors.

There are two main operating models of the Licensed Virtual Assets Trading Service:

Level 1 Regulating Activity Passport (Securities Trading License) Holders of securities may lawfully distribute Virtual Assets Trading Trade Trade Services through Upgrade Other Type 1 Regulated Activity Passports. However, these traders cannot create their own Cryptocurrency Exchange, but instead sign in to the SFC Certified Virtual Asset AssetsTrading Platform (VATP). Under this model, stockbrokers cooperate with licensed trading platforms to ensure trade compliance and the safety of Assets.
Holders of Class 1 and Class 7 Regulated Activity Passports (Securities Trading and Provision of Automated Trading Services Passport) and Operating Virtual Assets Trading TradePlatform License This becomes a license to hold a Virtual Trading Platform License This becomes the basis for trading all Exchanges, allowing the platform to operate virtual The scope of the Proposed Exchange allows the platform to trade virtual asset assets in the trading trade platform, to offer virtual asset assets directly to the client, allows the platform to trade virtual asset assets on the trade trading platform, and to offer virtual asset assets trading trade services directly to the client. Such platforms need to comply with the Guidelines for Trading Virtual Assets Trade Platform Operators, and the relevant AML/KYC and Platform Operators, and the related AML/KYC and Asset Assets Safety Standards.

What are the licensed platforms in Hong Kong?

In June 2024, Futu Securities received another No.1 license upgrade to offer its clients the Virtual Asset Assets Trading Service through the Trade Trading Platform on the Virtual Asset Trading Platform. Virtual Assets Trusts are managed on a branded Virtual Assets Trading Platform in accordance with regulatory requirements.
>> SEE MORE LIST OF UPGRADED LICENSE NO.1 <<

Futu Holdings Ltd acquired PantherTrade, a wholly owned asset management company, and became the holder of the Virtual Assets Exchange platform in January 2025.>> View more Licensed Virtual Assets Trading TradePlatform List<<

When choosing a platform to trade Virtual Assets, investors should choose a compliant branded platform to protect their own funds security and trade trade, so as to enhance their investment security and confidence.

How to Trade Cryptocurrencies in Hong Kong

FutureSecurities Provides Virtual Assets Trading Trade Services for Hong Kong Securities Licensed Institutions, One-Stop Services for Trading TradeCryptocurrencies Cryptos, Crypto CryptoCryptos, Cryptocurrency CryptosetFs, CryptoCurrency CryptosetFs, Cryptocurrency CryptosetFs, Cryptocurrency Futures ETFs, and Others Cryptos Futures ETF, Futures Futures ETF and Related Concept Shares. Futu now supports Bitcoin and Bitcoin Trade. More Hot Cryptos will continue to grow, please note.

Futu is licensed to provide cryptocurrency trading services and is secured with financial security. When trading, Futu offers CFD trading, where users need to buy USDT, can buy Bitcoin and FX futures directly using HKD or USD directly, with investment doors as low as HKD80/USD10, so you can quickly. Currently, there is a real supply of cryptocurrency trading on Futu 0k*. Learn MoreVirtual MMF Execution FeeDetails >>

OPEN AN ACCOUNT NOWClaim up to $1600 in Bitcoin!

*Offer subject to terms and conditions.

For Futu, you only need 4 steps to trade cryptocurrencies:

Step 1: Launch Crypto Trade Feature

After successfully opening an account, you need to activate the Crypto trading feature first. Go to the [Accounts] page, click on [Cash Comprehensive Account] and open [Account Management] in [More], [Activate Trade Varieties] in [More], and select [Cryptocurrencies] in [Unactivated].

Click on any cash account, go to Account Management and select Start Trading [Cryptos]

Step 2: Conduct a risk assessment

Before starting a Cryptos account, it is necessary to conduct a Virtual Assets Risk Assessment, a Virtual Asset Holding Position Limit Assessment, a Virtual Asset Asset Holding Position Rating, a Virtual Asset Asset Asset Assessment, and an Identity Verification. After submitting the application, it is about 5 minutes left and right, and the successful start will receive messages and messages.

Conducting relevant assessments and confirming wind disclosure accounts

Step 3: Deposit Funds

Before trading cryptocurrency, please allow time to allocate funds to a crypto account or directly deposit HKD or USD funds into a crypto account. Go to the [Accounts] page, click on [Cash Integrated Account - Cryptocurrency], select [Inter-Account Funds], select the settlement currency type and enter the amount, and you can trade after your account.

Step 4: Trade

Go to [Market] - [Cryptocurrencies], select the currency for which the trade is offered, click “Trade” in the lower left corner and you can start trading. (Extended reading:How to Trade Crypto Cryptocurrency Cryptos on Futubull)

Trade can be started immediately after your account

The design images displayed on the screen are for illustrative purposes only and do not constitute any investment advice or guarantee.

For those of you who are interested in cryptocurrencies, develop your virtual currency investment journey with a secured Futu, so you can trade safely and enjoy the benefits of free money!

Futu Launches BTC, ETH, USDT Replenishment Features

Futu is the official online Bitcoin (BTC), ETH, Thai (USDT) remittance service. Qualified investors are able to invest in more asset classes or security after receiving funds through Futubull, a one-stop trading platform called Futubull. Investors can trade Crypto+TradFi assets (traditional financial assets including HGMs, equity, ETFs, mutual funds, bonds, etc.) through one instant app, and quickly convert between virtual and traditional asset markets, and select the right investment products to drive market momentum and move bulls.

* Professional Investors (PI) only.

How Do Cryptos Top Up?
Click “Account”, select “All - Cryptos - Cash”, the total amount of recharges displayed in the system and the system generated currency address. Use your existing personal cryptocurrency wallet to deposit the coin verification certificate. Check-in time is usually within 24 hours.

Frequency Asked Questions

Hong Kong Virtual Currency Trading Platform

Futu is a virtual currency trading platform in Hong Kong, with a Hong Kong certificate-approved license. The platform supports a wide range of cryptocurrency transactions, including Bitcoin and Ethereum, and offers a wide range of related financial services. Users can trade directly using HKD or USD, without having to convert to USDT, and the trading process is easy.

Bitcoin Trading Platforms Recommended for Hong Kong

In Hong Kong, Futu is a highly recommended Bitcoin trading platform. Futu holds a Hong Kong certificate-approved license, provides cryptocurrency trading services, supports transactions in Bitcoin and a wide range of cryptocurrencies such as BTC, and offers zero cash benefits and the security of users' funds.

How do cryptocurrencies trade?

In Hong Kong, it is possible to trade cryptocurrencies through a platform licensed by Hong Kong authorities, such as Futu. Trading steps include: Enabling the Cryptotrading feature, conducting a risk assessment, depositing funds, and then making a trade. Users can buy Bitcoin and BTC stocks directly using HKD or USD, and the transaction process is fast and secure.

One-stop trading with Futubull

Enjoy welcome rewards and lifetime 0 commission on HK stocks

Open Account Terms and conditions apply right-arrow

Disclaimer:

This content is not and should not be regarded as an invitation, solicitation, invitation or recommendation to buy or sell any investment products or the basis for investment decisions, nor should it be construed as professional advice. Before making any investment decision, investors should fully understand the risks and the relevant legal, tax and accounting perspectives and consequences, and decide based on their personal circumstances whether the investment is suitable for their personal financial situation and investment objectives, and whether they can afford it. Appropriate professional advice should be sought where necessary regarding the risks.

The information from third parties displayed on the Futu application, website and event pages is for reference only and does not constitute any recommendation.

The information, products, and services mentioned above are only available to users in the Hong Kong Special Administrative Region. Futu Securities International (Hong Kong) Limited offers trading services for virtual assets and related products only to a specific group of clients. These clients are not from jurisdictions where virtual asset trading is prohibited and have a higher capacity for risk tolerance. The availability is subject to what is displayed on the app's pages and the results of our review.

The above content does not represent any position of Futu and does not constitute any investment advice related to Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and seek professional investment advice when necessary. Futu tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Futu does not make any guarantee or commitment in this regard.

"Futubull" is a one-stop financial investment and trading platform. The securities trading service is provided by Futu Securities International (Hong Kong) Limited.

On this page