[Exchanges](https://revain.org/exchanges/) › HashKey Exchange

# HashKey Exchange: licences, security, fees and reviews

Centralized exchange

## In short

- **Legal entity**: Hash Blockchain Limited, Hong Kong, company No. 2669359, SFC CE No. BPL992 (HashKey Exchange)
- **Fees**: Spot maker: HashKey Exchange: 0.29% at VIP0 (standard 0.5% shown struck through); HashKey Global: 0.12% at VIP 0 (as of 31 October 2026)
- **Risks and caveats**: Digital asset holdings are not covered by Hong Kong's Investor Compensation Fund or Deposit Protection Scheme.
- **Checked**: 31 October 2026

## Key facts

- **Type**: Centralized exchange
- **Exchange launched**: 2022
- **Operator**: Hash Blockchain Limited (HashKey Exchange, Hong Kong); HashKey Bermuda Limited (HashKey Global); part of HashKey Group (HashKey Holdings Limited)
- **Official site**: [hashkey.com](https://www.hashkey.com/)

Key facts checked on 31 October 2026 against official sources and regulator registers.

## What is HashKey Exchange

HashKey Exchange is a Hong Kong virtual asset exchange operated by Hash Blockchain Limited and licensed by the Securities and Futures Commission, serving professional and retail investors with USD and HKD on-ramps. Its sister platform HashKey Global, run by HashKey Bermuda Limited under a Bermuda licence, serves international clients outside Hong Kong. Both belong to HashKey Group, active since 2018.

## Good to know

- Two separate platforms: HashKey Exchange (hashkey.com) for Hong Kong under the SFC, and HashKey Global (global.hashkey.com) for international clients under the Bermuda Monetary Authority. [↗](https://help.hashkey.com/hc/en-us/articles/13000983371036-Investor-Business-Terms)
- HashKey Global does not serve residents of Hong Kong; Hong Kong residents use HashKey Exchange. [↗](https://help.hashkey.com/hc/en-us/articles/13086918687004-HashKey-Global-supported-Countries-Regions-for-Account-Opening)
- On HashKey Exchange, retail (non-professional) clients can trade only large-cap virtual assets included in at least two acceptable indices; other tokens are for professional investors only. [↗](https://support.hashkey.com/hc/en-gb/articles/900001171963-Investor-Business-Terms)
- Hong Kong's Investor Compensation Fund and Deposit Protection Scheme do not cover digital asset transactions. [↗](https://support.hashkey.com/hc/en-gb/articles/21359624648217-DIGITAL-ASSET-RISK-DISCLOSURE)
- HashKey Exchange charges a minimum trading fee of USD 1.99 per trade. [↗](https://www.hashkey.com/en-US/support-fee)
- HashKey Group also lists licences in Japan (FSA) and Singapore (MAS); these are group statements and the entities are not named on the page. [↗](https://global.hashkey.com/en-US)
- The parent, HashKey Holdings Limited, listed on the Main Board of the Hong Kong Stock Exchange on 17 December 2025 (stock code 3887.HK). [↗](https://help.hashkey.com/hc/en-us/articles/24255105651868-HashKey-Holdings-Limited-Listed-on-HKEX-on-Dec-17-Limited-Time-12-17-Rebate-on-Spot-Trading-Fees-Across-the-Platform)
- HashKey Global (Global Station) is ending fiat services: fiat deposits suspended from 15 October 2026 (UTC), fiat withdrawals end on 23 November 2026 (UTC). [↗](https://help.hashkey.com/hc/en-us/articles/30512719374620-Notice-on-the-Suspension-and-Maintenance-of-Fiat-Services-on-Global-Station)

## Services

| Parameter | Details |
|---|---|
| Spot trading | Spot trading of virtual assets against USD, HKD and stablecoins (HashKey Exchange); spot trading on HashKey Global. |
| Fiat deposits | USD and HKD bank transfers into the HashKey Exchange fiat wallet. |
| Derivatives | Perpetual futures on HashKey Global. |
| Own token | HSK: paying fees in HSK gives a 5% discount. |

## Licences and registrations

| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Hong Kong | Hash Blockchain Limited (HashKey Exchange) | Licensed virtual asset trading platform; CE Reference BPL992; date of licence 9 November 2022 | [Securities and Futures Commission (SFC)](https://www.sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-trading-platforms-operators/Lists-of-virtual-asset-trading-platforms) |
| Hong Kong | Hash Blockchain Limited | Trust or company service provider (TCSP) licence TC006486 (company statement) | [Companies Registry (AMLO TCSP licensing)](https://www.hashkey.com/en-US) |
| Bermuda | HashKey Bermuda Limited (HashKey Global) | Digital Asset Business, Class F licence, registration No. 202302864, effective 21 February 2024; includes exchange, custody and derivative exchange activities | [Bermuda Monetary Authority (BMA)](https://www.bma.bm/regulated-entities) |
| United Arab Emirates (Dubai) | Hashkey MENA FZE | VASP Licence VL/25/03/002: Broker-Dealer Services and Exchange Services (including exchange-traded derivatives); issued 14 April 2025; status Active | [Virtual Assets Regulatory Authority (VARA)](https://www.vara.ae/en/licenses-and-register/public-register/) |

## Security and audits

- HashKey Exchange holds client funds in segregated accounts and states they are protected by custody-grade insurance.
- HashKey Exchange reports ISO 27001 and ISO 27701 certifications.
- HashKey Global states that 90% of assets are kept in cold wallets and hot wallets are fully insured.

## Security incidents

No security incident is recorded in the official sources checked on 31 October 2026: [support.hashkey.com/api/v2/help_center/articles/](https://support.hashkey.com/api/v2/help_center/articles/search.json?query=security%20incident), [help.hashkey.com/api/v2/help_center/articles/sea](https://help.hashkey.com/api/v2/help_center/articles/search.json?query=security%20incident), [help.hashkey.com/api/v2/help_center/articles/sea](https://help.hashkey.com/api/v2/help_center/articles/search.json?query=hack), [hacked.slowmist.io](https://hacked.slowmist.io/), [api.llama.fi/hacks](https://api.llama.fi/hacks), [rekt.news/leaderboard](https://rekt.news/leaderboard)

## Fees

| Parameter | Details |
|---|---|
| Spot maker | HashKey Exchange: 0.29% at VIP0 (standard 0.5% shown struck through); HashKey Global: 0.12% at VIP 0 (as of 31 October 2026) |
| Spot taker | HashKey Exchange: 0.29% at VIP0; HashKey Global: 0.12% at VIP 0 (as of 31 October 2026) |
| Futures maker | HashKey Global: 0.025% at VIP 0 (as of 31 October 2026) |
| Futures taker | HashKey Global: 0.06% at VIP 0 (as of 31 October 2026) |

## Who can use it

- Verification: Identity verification is required on both platforms; HashKey Global accepts only listed countries and document types.
- HashKey Global serves only the countries on its supported list and not Hong Kong residents; it excludes clients in its prohibited jurisdictions. HashKey Exchange limits retail clients to large-cap virtual assets.

## History

| Date | Event |
|---|---|
| 2018 | HashKey Group starts building its digital asset business. |
| 9 November 2022 | Date of licence of Hash Blockchain Limited (HashKey Exchange) on the SFC list of licensed platforms. |
| 21 February 2024 | HashKey Bermuda Limited's Class F licence takes effect. |
| — | HashKey Global announces its grand launch with 21 tokens for spot trading. |
| 14 April 2025 | VARA licence for Hashkey MENA FZE issued. |
| 17 December 2025 | HashKey Holdings Limited lists on the Hong Kong Stock Exchange (3887.HK). |
| 1 September 2026 | The separate HashKey Global App stops working; users move to the HashKey Exchange App. |
| 15 October 2026 | HashKey Global suspends fiat deposits; fiat withdrawals end on 23 November 2026. |

## Risks and caveats

- Digital asset holdings are not covered by Hong Kong's Investor Compensation Fund or Deposit Protection Scheme.
- Licences differ by platform: HashKey Global clients are served by the Bermuda entity, not by the SFC-licensed Hong Kong entity.
- Digital assets can lose all of their value; issuers' insolvency leaves holders as unsecured creditors.
- HashKey Global users must withdraw fiat balances by 23 November 2026 (UTC).

## About the company

- **Legal entity**: Hash Blockchain Limited, Hong Kong, company No. 2669359, SFC CE No. BPL992 (HashKey Exchange)
- **Legal entity**: HashKey Bermuda Limited, Bermuda, company No. 202302864 (HashKey Global)
- **Parent company**: HashKey Holdings Limited (HashKey Group), listed in Hong Kong as 3887.HK
- **Founded**: HashKey Group: 2018

## Official links

- Website: [www.hashkey.com](https://www.hashkey.com/)
- Website: [global.hashkey.com](https://global.hashkey.com/)
- Fees: [www.hashkey.com/en-US/support-fee](https://www.hashkey.com/en-US/support-fee)
- Fees: [global.hashkey.com/en-US/support-fee](https://global.hashkey.com/en-US/support-fee)
- Terms of use: [support.hashkey.com/hc/en-gb/articles/900001171963-Investor-Business-Terms](https://support.hashkey.com/hc/en-gb/articles/900001171963-Investor-Business-Terms)
- Terms of use: [help.hashkey.com/hc/en-us/articles/13000983371036-Investor-Business-Terms](https://help.hashkey.com/hc/en-us/articles/13000983371036-Investor-Business-Terms)

## Questions and answers

**Is HashKey Exchange licensed?**

Yes. Hash Blockchain Limited is on the SFC's list of licensed virtual asset trading platforms (CE BPL992). HashKey Global is run by HashKey Bermuda Limited under a BMA Class F licence, and Hashkey MENA FZE holds a VARA licence.

**What is the difference between HashKey Exchange and HashKey Global?**

HashKey Exchange serves Hong Kong under the SFC; HashKey Global serves international clients from Bermuda and does not accept Hong Kong residents.

**What are HashKey's fees?**

HashKey Exchange spot: 0.29% at VIP0 with a USD 1.99 minimum. HashKey Global: 0.12% spot and 0.025%/0.06% futures maker/taker at VIP 0 (as of 31 October 2026).

**Who owns HashKey?**

HashKey Group; its holding company HashKey Holdings Limited listed on the Hong Kong Stock Exchange on 17 December 2025 (3887.HK).

## Sources

- [SFC - Lists of virtual asset trading platforms](https://www.sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-trading-platforms-operators/Lists-of-virtual-asset-trading-platforms)
- [BMA - Regulated entities](https://www.bma.bm/regulated-entities)
- [VARA - Public Register](https://www.vara.ae/en/licenses-and-register/public-register/)
- [HashKey Exchange - Home](https://www.hashkey.com/en-US)
- [HashKey Global - Home](https://global.hashkey.com/en-US)
- [HashKey Exchange - Introduction](https://support.hashkey.com/hc/en-gb/articles/900001152266-HashKey-Exchange-Introduction)
- [HashKey Exchange - Investor Business Terms](https://support.hashkey.com/hc/en-gb/articles/900001171963-Investor-Business-Terms)
- [HashKey Exchange - Digital Asset Risk Disclosure](https://support.hashkey.com/hc/en-gb/articles/21359624648217-DIGITAL-ASSET-RISK-DISCLOSURE)
- [HashKey Exchange - Fee Rates](https://www.hashkey.com/en-US/support-fee)
- [HashKey Global - Fee Rates](https://global.hashkey.com/en-US/support-fee)
- [HashKey Global - Investor Business Terms](https://help.hashkey.com/hc/en-us/articles/13000983371036-Investor-Business-Terms)
- [HashKey Global - Supported Countries/Regions](https://help.hashkey.com/hc/en-us/articles/13086918687004-HashKey-Global-supported-Countries-Regions-for-Account-Opening)
- [HashKey Global - Grand Launch announcement](https://help.hashkey.com/hc/en-us/articles/13439382517532-HashKey-Global-Grand-Launch-21-Tokens-Listed-for-Spot-Trading)
- [HashKey Global - HKEX listing announcement](https://help.hashkey.com/hc/en-us/articles/24255105651868-HashKey-Holdings-Limited-Listed-on-HKEX-on-Dec-17-Limited-Time-12-17-Rebate-on-Spot-Trading-Fees-Across-the-Platform)

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Page updated: 2026-10-31

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Source: https://revain.org/exchanges/hashkey/